spot_img
HomeNews & Current EventsAlphaGen Intelligence Corp. Secures C$526,500 Through Private Placement to...

AlphaGen Intelligence Corp. Secures C$526,500 Through Private Placement to Bolster Operations

TLDR: AlphaGen Intelligence Corp. has successfully closed a non-brokered private placement, raising C$526,500. The funds, generated from the issuance of 3.9 million units at C$0.135 each, will be allocated towards general administrative expenses and working capital to strengthen the company’s financial position and support its technology-based ventures in gaming, entertainment, eCommerce, and retail.

VANCOUVER, British Columbia – AlphaGen Intelligence Corp. (CSE: AIC | FSE: G4G) announced on October 17, 2025, the successful closing of its previously announced non-brokered private placement financing, securing aggregate gross proceeds of C$526,500. This strategic financial move is aimed at bolstering the company’s operational capabilities and enhancing its general working capital.

The offering involved the issuance of a total of 3,900,000 units, with each unit priced at C$0.135. Each unit comprises one common share in the capital of AlphaGen and one share purchase warrant. The warrants grant holders the right to acquire an additional common share at a price of C$0.18 for a period of 24 months from the date of issuance. These warrants are subject to a 60-day hold period.

AlphaGen Intelligence Corp. intends to deploy the net proceeds from this private placement primarily for general administrative expenditures and to reinforce its general working capital. This capital injection is crucial for supporting the company’s ongoing initiatives and strategic growth within its diverse portfolio.

In connection with the closing of the offering, finder’s fees totaling C$7,492.50 were paid in cash. The financing was conducted under the ‘listed issuer financing exemption’ as per Part 5A of National Instrument 45-106 – Prospectus Exemptions, and the Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. Notably, the shares issued under this offering are not subject to statutory hold periods under applicable Canadian securities legislation.

An offering document, dated September 25, 2025, provides further details regarding the private placement, including the expected use of proceeds. This document is accessible through the company’s profile on www.sedarplus.ca and on AlphaGen’s official website, www.alphagen.co.

Also Read:

AlphaGen Intelligence Corp. is recognized as a publicly traded entity with a robust portfolio of technology-based assets spanning gaming, entertainment, eCommerce, and retail sectors. The company’s operational units include Shape Immersive, a metaverse studio dedicated to creating virtual retail experiences, and MANA, a Software-as-a-Service (SaaS) solution designed for community engagement through gaming platforms. AlphaGen has established collaborations with prominent clients and partners such as RTFKT, the Olympics, Red Bull, Intel, and TED, underscoring its significant presence and innovative contributions in the technology landscape.

Tanya Menon
Tanya Menonhttp://edgentiq.com
Tanya Menon is a real-time news specialist focusing on fast updates and micro-analysis of the global AI market. Known for her agile and energetic reporting style, Tanya leverages automation tools to scan emerging news signals and deliver concise, actionable updates. Her coverage is essential for decision-makers who need the GenAI headlines before they go mainstream. You can reach her out at: [email protected]

- Advertisement -

spot_img

Gen AI News and Updates

spot_img

- Advertisement -