Star Metro - Shelfie-Tech Announces Closing of Private Placement

NYSE - LSE

RYCEF	-5.06%	17.6	$
NGG	0.42%	76.805	$
GSK	0.19%	46.59	$
RBGPF	1.81%	67.22	$
VOD	-0.86%	15.427	$
CMSD	-0.8%	19.88	$
RIO	-0.48%	94.325	$
BCE	1.08%	18.985	$
AZN	-0.59%	158.27	$
BTI	0.61%	55.84	$
BP	1.39%	46.9	$
RELX	0.95%	36.475	$
BCC	-0.48%	73.22	$
JRI	0.09%	10.63	$
CMSC	-0.72%	19.807	$

Shelfie-Tech Announces Closing of Private Placement

TECHNOLOGY 12.10.2026

Shelfie-Tech Announces Closing of Private Placement

TORONTO, ON / ACCESS Newswire / October 12, 2026 / Shelfie-Tech Ltd. (CSE:SHLF)(OTCQB:SHLFF) ("Shelfie" or the "Company") announces the closing of its previously announced non-brokered private placement (the "Private Placement"). The Private Placement consisted of the issuance of 961,642 common shares of the Company ("Shares") at a price of CAD$1.78 per Share to raise gross proceeds of approximately CAD$1,711,538.

Text size:

The proceeds from the Private Placement will be used to complete the acquisition of Aspect Information Systems Ltd. (see the Company's press release of May 4, 2026) general working capital and corporate purposes. The Private Placement was first announced on June 10, 2026.

The securities issued will be subject to a four-month and one day hold period.

The Company will pay a finders' fees totaling approximately CAD$38,340, and will issue 21,539 shares to eligible finders in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.

The securities to be issued pursuant to the Private Placement have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

Contacts
Bentsur Joseph
CEO
[email protected]
+972 52-381-8652

Disclaimers

The Canadian Securities Exchange has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains "forward-looking statements" within the meaning of the securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. In addition, we cannot assure that any patent will be issued as a result of a pending patent application or, if issued, whether it will be issued in a form that will be advantageous to us. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at sedarplus.ca. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect on actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites.

SOURCE: ShelfieTech

View the original press release on ACCESS Newswire

F.Leblanc--SMC

Featured

UK retains early access to test latest US AI models

Britain will retain early access to the latest artificial intelligence models for safety testing, the country's AI minister confirmed Monday, following reports that the White House had restricted the UK's access.

Regentis Biomaterials Reports Strong Surgeon Interest in GelrinC(R) at 8th ICRS Summit in Portugal

Engagement with leading orthopedic surgeons and cartilage repair specialists highlights growing awareness of GelrinC's off-the-shelf regenerative technologyGelrinC is CE Mark approved in Europe, where Regentis is expanding its network of Centers of Excellence to support surgeon training and commercialization effortsEuropean clinical sites also support the Company's ongoing U.S. FDA pivotal Phase III trial

Anthropic AI model sent fake murder tip to Philadelphia police

An artificial intelligence model developed by Anthropic submitted a fabricated tip about an unsolved homicide to Philadelphia police, authorities said Friday, criticizing the company for taking two months to report the incident.

Trump's 'super intelligence' rebrand to sell AI faces uphill battle

Donald Trump's campaign to rename artificial intelligence as "super intelligence" is unlikely to win over a wary public and could make matters worse, experts say, even as the US president threatens to treat holdouts as enemies.