Tracker Ventures Corp. Closes Fourth Tranche of Private Placement

Tracker Ventures Corp. (CSE: TKR) (FSE: B2I) ("Tracker" or the "Company") is pleased to announce that it has closed the fourth tranche (the "Fourth Tranche") of its previously announced financing (the "Financing") of units (each, a "Unit") of the Company through the issuance of 713,846 Units at a price of $0.65 per Unit, for total gross proceeds of $464,000. Each Unit is composed of one common share (a "Share") and one-half of one (12) share purchase warrant (a "Warrant"). Each whole Warrant is exercisable into one (1) Share (a "Warrant Share") at a price of $1.30 for a period of two (2) years from the date of issuance. Between the first, second, third and fourth tranches of the Financing, the Company has issued a total of 2,478,323 Units, raising aggregate gross proceeds of $1,610,910.

In connection with the Fourth Tranche, the Company issued 44,800 finders' warrants (each, a "Finders' Warrant") and paid a cash fee of $29,120 to certain finders. Each Finders' Warrant is exercisable at a price of $1.00 for a period of two (2) years from the date of issuance.

All securities issued are subject to a four-month and one day statutory hold period.

The Company intends to use the net proceeds from the Fourth Tranche towards general working capital.

On behalf of the board,

For further information, please contact:

Zayn Kalyan
Email: zayn@altuscapital.ca
Telephone: 778.938.3367

For more information, investors should review the Company's filings that are available at www.sedar.com.

About Tracker Ventures Corp.

Tracker is an analytics software company that is leveraging blockchain and digital asset technology to transform and modernize multiple industries. Tracker is taking a diversified approach to the analytics and technology space, delivering practical solutions in the finance, health, logistics, and pharmaceutical industries. The Company's turnkey real-time tracking solutions offer the very latest in IoT and AI, providing valuable data and business intelligence to some of the world's leading brands.

This press release is not an offer of securities for sale in the United States. The securities described in this press release have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) absent registration or an exemption from registration. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction where such offer, solicitation, or sale would be unlawful.

The Canadian Securities Exchange (CSE) has not reviewed, approved or disapproved the content of this news release.

Forward-Looking Statements

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements respecting the expected use of proceeds from the Fourth Tranche, are "forward-looking statements". Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89924

News Provided by Newsfile via QuoteMedia

The Conversation (0)

/C O R R E C T I O N -- Nanalysis Scientific Corp./

In the news release, Nanalysis Announces Full Year 2023 Conference Call, issued 11-Apr-2024 by Nanalysis Scientific Corp. over CNW, we are advised by the company that the Hosting Call and European Q&A Session date mentioned should read " Monday, April 29th and Tuesday, April 30th respectively" rather than " Thursday April 25th and Friday April 26th respectively" as originally issued inadvertently. The complete, corrected release follows:

Nanalysis Announces Full Year 2023 Conference Call

Hosting Call at 5:00 pm ET on Monday , April 29th

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Nextech3D.ai Selects AWS as its Primary Cloud Provider to Drive Innovation in the 3D Modeling For Ecommerce Industry With Cutting Edge AI

Nextech3D.ai Selects AWS as its Primary Cloud Provider to Drive Innovation in the 3D Modeling For Ecommerce Industry With Cutting Edge AI

Leading 3D Modeling Supplier uses AWS's generative AI and machine learning capabilities to accelerate its technology

Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D Generative AI-Powered 3D model supplier for Amazon, Miele, P&G, Kohls, Wesfarmers Group "Bunnings" and other major e-commerce retailers has selected Amazon Web Services (AWS), an Amazon.com company (NASDAQ:AMZN), as its cloud provider for its 3D modeling hosting services and AI service provider. Nextech3D.ai will also host its dozens of AI Machine learning applications to the world's leading cloud. Using Amazon Bedrock, a service that makes multiple foundation models available via an API, Nextech3D.ai can build experimental generative AI applications to improve productivity across all business lines, including customer service, finance, human resources, and sales. The AI factory allows the company to efficiently use analytics and ML to develop and deploy churn prediction and next best-offer systems to drive customer engagement

News Provided by ACCESSWIRE IA via QuoteMedia

Keep reading...Show less
Nextech3D.ai Receives Notice From USPTO to be Granted Patent for CAD 3D Model Part Assembly & Segmentation

Nextech3D.ai Receives Notice From USPTO to be Granted Patent for CAD 3D Model Part Assembly & Segmentation

Company Expanding its Portfolio of AI Patents for 3D Modeling and CAD

Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D Generative AI-Powered 3D model supplier for Amazon, Miele, P&G, Kohls, Wesfarmers Group "Bunnings" (Australia's largest listed company) and other major e-commerce retailers is excited to announce that U.S. Patent and Trademark Office (USPTO) has informed of their decision to issue a patent for its technology to assemble and segment parts for 3D CAD files so that each 3D part can be textured individually. This technology is currently having success and being used on the Toggle3D.ai Platform. This is another patent which the Company believes is pivotal to Nextech3D.ai's artificial intelligence technology stack as it builds a moat around its 3D model making for ecommerce business with industry expertise and intellectual property; which includes its GPT AI powered 3D model generation. This patent approval reinforces and validates Nextech3D.ai's commitment to increasing shareholder value by investing in 3D-AI & GPT patents and solutions

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Nextech3D.ai Expands Offering to Ecommerce Imagery: Unveils Cutting-Edge 3D Model-AI Photo Rendering Services, Transforming 2D Photos into Dynamic Product Visuals

Nextech3D.ai Expands Offering to Ecommerce Imagery: Unveils Cutting-Edge 3D Model-AI Photo Rendering Services, Transforming 2D Photos into Dynamic Product Visuals

New ecommerce expansion with AI 3D-Photography Tools

Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D Generative AI-Powered 3D model supplier (Patent #11,948,248) for Amazon, Miele, P&G, Kohls, Wesfarmers Group ``Bunnings" (Australia's largest listed company) and other major e-commerce retailers is adding Digital Photography and dynamic product visuals as part of its 3D model offerings. Now every 3D model that Nextech3D.ai creates will have stunning 2K, 4K, or even 8K photos to go with it for its ecommerce customers. This AI tool is expected to drive significant revenue for the company as each product listed for sale on an ecommerce platform requires a minimum of six 2D photos for listing, this offering allows the company to capitalize on this demand for 2D high res images while simultaneously increases the value of its 3D modeling business as it represents the all-in-one solutions for ecommerce sellers that sell on Amazon, Shopify and other platforms. The company has already signed up 10 existing customers for its digital photography offering representing over 6000+digital photos and will be offering it both as part of a 3D model bundle as well as a stand alone product offering for people that already have a 3D model opening up the ecommerce imagery market to the company. The company's analysis shows that creating and rendering 3D models is more cost-effective than traditional product photography, especially for products that are expensive to produce or difficult to photograph in real life. Once a 3D model is created, it can be easily manipulated and rendered from different angles without the need for physical prototypes or multiple photoshoots

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Aether Global Provides Update on Management Cease Trade Order

Aether Global Provides Update on Management Cease Trade Order

(TheNewswire)

Aether Global Innovations Corp.

Vancouver, B.C. TheNewswire - April 17, 2024 Aether Global Innovations Corp. (CSE:AETH) (OTC:AETHF) (Frankfurt:4XA) (WKN#A2N8RH), a leader in drone management and automation, is providing this update on the status of a management cease trade order (the "MCTO") granted on April 3, 2024 by the British Columbia Securities Commission under National Policy 12-203 - Management Cease Trade Order ("NP 12-203").

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
NEO Battery Materials Appoints Renowned Battery Industry Pioneer Mr. Ricky Lee as Lead Managerial Advisor

NEO Battery Materials Appoints Renowned Battery Industry Pioneer Mr. Ricky Lee as Lead Managerial Advisor

T S X V : NBM ) ( OTC: NBMFF )

NEO Battery Materials Ltd. (" NEO " or the " C o mpan y "), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to appoint Mr. Ricky Lee, a renowned battery industry pioneer, as the Lead Managerial Advisor. Mr. Ricky Lee is a 35-year battery and energy industry executive with substantial experience with battery material and cell design, mass-production technology, and equipment & process development at globally distinguished companies.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×