Agereh Technologies Revises Funding Plans and Grants Stock Options

Agereh Technologies Inc., a Canadian AI technology company, announced changes to its funding strategy. Initially, a non-brokered private placement was to be pursued, but the company has now canceled this plan. Instead, Agereh proposes a new private placement aiming to raise up to $500,000. This will involve issuing 7,407,407 units at $0.0675 each, consisting of one common share and one warrant. These warrants allow the purchase of additional shares at $0.09 within 24 months.

The new offering is contingent on receiving necessary approvals, including from the TSX Venture Exchange. Units will be available under a financing exemption, excluding Québec, without resale restrictions. Additionally, Agereh granted 400,000 stock options to directors at $0.12 per share, subject to TSXV approval, with half vesting immediately and the rest by January 2026.