December 05, 2024 7:30 PM EST | Source: TrustBIX Inc.
Edmonton, Alberta–(Newsfile Corp. – December 5, 2024) – TrustBIX Inc. (TSXV: TBIX) (“TrustBIX” or the “Company”) announces the non-brokered private placement (the “Private Placement“), previously announced on November 13, 2024 for up to 5,000,000 common shares of the Company (“Common Shares“) at a price of $0.02 per Common Share for gross proceeds of up to $100,000, has received conditional acceptance by the TSX Venture Exchange (the “Exchange“). TrustBIX has closed on the initial tranche of subscriptions of 2,790,000 Common Shares for gross proceeds of $55,800.
The securities issued under the Private Placement are subject to a four-month and a day hold period from the time of closing of the Private Placement.
A director and an officer of the Company participated in the private placement; they acquired an aggregate total of 640,000 Common Shares for $12,800. The…
