MISSISSAUGA, On, April 15, 2025 /PRNewswire/ – Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the “Company” or “Cymat“). Today Cymat announced that it has received final approval from the TSX Venture Exchange for the non-brokered private placement of equity Units (the “Offering“), generating gross proceeds of $1,283,858 as originally announced on April 9, 2025.
Each Unit was priced at $0.11 with one Unit consisting of one (1) Common Share and one (1) Common Share Purchase Warrant. Each Warrant entitles the holder to purchase one Common Share at a price of $0.13 for a twenty-four (24) month period, subject to an accelerated expiry. Should the Common Shares have a closing price equal to or above $0.16 for ten (10) consecutive trading days, then Cymat has the option to announce that it is activating the Warrant…
