Railtown ai technologies inc. announces full subscription of $2.1 million non-brokered private placement

Vancouver, british columbia--(newsfile corp. - november 28, 2024) - railtown ai technologies inc. (cse: rail) ("railtown" or the "company") is pleased to announce the non-brokered private placement of up to 7,000,000 units of the company (each, a "unit") at a price of $0.30 per unit for aggregate gross proceeds of up to $2,100,000 (the "offering") previously announced on november 26, 2024, has been fully subscribed; closing is expected to occur on or before december 6, 2024. each unit will consist of one common share in the capital of the company (each, a "share") and one-half of one common share purchase warrant (each whole warrant, a "warrant").
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