on AI/ML Innovations Inc. (CVE:AIML)
AI/ML Innovations Inc. Proposes Private Placement
On August 14, 2026, AI/ML Innovations Inc. announced a proposed non-brokered private placement with the intent to issue up to 40 million units at $0.05 each, aiming to raise $2 million. Each unit consists of one common share and one warrant, with warrants exercisable for one common share at $0.15 for 60 months. This placement is subject to Canadian Securities Exchange approval. Eligible finders may receive a cash fee and broker warrants totaling up to 7% of issued units, exercisable at $0.15 per share for five years. The offer excludes U.S. jurisdictions, consistent with securities regulations.
R. H.
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