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Toronto, Ontario--(Newsfile Corp. - February 3, 2025) - DGTL Holdings Inc. (NEX: DGTL.H) ("DGTL" or the "Company") reports that it intends to complete a non-brokered private placement financing (the "Offering") issuing up to 25,000,000 common shares of the Company (each a "Share") at a price of $.02 per common share for gross proceeds of up to $500,000.
Proceeds from the Offering will be used to fund operating working capital and will not be used for any investor relations activities. There is no specific use of proceeds which will represent 10% or more of the gross proceeds of the Offering. All securities issued pursuant to the Offering will be subject to a restricted hold period of four months and one day from the date of issuance.
Lastly, the current Offering supersedes a previously anticipated private placement announced on July 19th, 2024, which was never formally initiated or made available to the public.
For more information please contact:
John Belfontaine, CEO
Email: IR@dgtlinc.com
Phone: +1 (877) 879-3485
Website: www.dgtlinc.com
Forward-Looking Statements
This news release may contain certain "forward-looking statements." Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239381
SOURCE: DGTL Holdings Inc.