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Nanalysis Scientific Corp (NSCIF) delivers innovative portable NMR spectrometers and security solutions for industrial and research markets. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments and technological advancements.
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Bookmark this page for streamlined monitoring of NSCIF's progress in advancing magnetic resonance technology and expanding its global service footprint. Check regularly for essential updates impacting market positioning and operational strategy.
Nanalysis Scientific Corp. (TSXV: NSCI, OTCQX: NSCIF) announced the successful closing of the first tranche of its non-brokered private placement on April 21, 2023. The company issued 3,738,667 units at $0.60 each, raising gross proceeds of $2,243,200. Each unit consists of one common share and one warrant, allowing the purchase of a share at $0.80 until one year after the closure. The proceeds will enhance working capital, with a second tranche expected to close around May 1, 2023. Finders received aggregate fees of $12,600 in connection with the first closing. The securities are subject to a four-month holding period post-closing and need final acceptance from the TSX Venture Exchange.
Nanalysis Scientific Corp. (TSXV: NSCI, OTCQX: NSCIF) has announced plans for a non-brokered private placement of up to 5,833,333 units at $0.60 each, aiming for total gross proceeds of $3.5 million. This move is strategically designed to bolster the company's balance sheet as it approaches the rollout of a $160 million service contract with CATSA Airport. CEO Sean Krakiwsky emphasized the importance of this contract for providing stable, long-term revenue and outlined efforts to integrate their service organization with existing product lines, enhancing profitability. The offering’s completion is subject to TSX Venture Exchange approval, and insiders may participate in a subsequent closing.