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DGTL Holdings Inc. Reports Private Placement Financing

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DGTL Holdings (NEX: DGTL.H) has announced plans for a non-brokered private placement financing, aiming to issue up to 25 million common shares at $0.02 per share. The offering is expected to raise gross proceeds of up to $500,000, which will be allocated towards operating working capital.

The company specified that no proceeds will be used for investor relations activities, and no single use will represent 10% or more of the gross proceeds. All issued securities will be subject to a four-month and one-day restricted hold period from the issuance date. This current offering replaces a previously announced private placement from July 19th, 2024, which was never formally initiated.

DGTL Holdings (NEX: DGTL.H) ha annunciato piani per un finanziamento di collocamento privato non intermediato, con l'obiettivo di emettere fino a 25 milioni di azioni ordinarie a $0,02 per azione. Si prevede che l'offerta raccolga incassi lordi fino a $500.000, che verranno destinati al capitale operativo.

La società ha specificato che nessun provento sarà utilizzato per attività di relazioni con gli investitori e nessun singolo utilizzo rappresenterà il 10% o più dei proventi lordi. Tutti i titoli emessi saranno soggetti a un periodo di blocco di quattro mesi e un giorno dalla data di emissione. Questa attuale offerta sostituisce un collocamento privato precedentemente annunciato del 19 luglio 2024, che non è mai stato formalmente avviato.

DGTL Holdings (NEX: DGTL.H) ha anunciado planes para un financiamiento de colocación privada no intermediada, con el objetivo de emitir hasta 25 millones de acciones ordinarias a $0.02 por acción. Se espera que la oferta genere ingresos brutos de hasta $500,000, que se destinarán al capital operativo.

La empresa especificó que ninguna de las ganancias se utilizará para actividades de relaciones con inversionistas, y ningún uso único representará el 10% o más de los ingresos brutos. Todos los valores emitidos estarán sujetos a un período de bloqueo de cuatro meses y un día desde la fecha de emisión. Esta oferta actual reemplaza un colocación privada previamente anunciada del 19 de julio de 2024, que nunca fue formalmente iniciada.

DGTL Holdings (NEX: DGTL.H)가 중개인 없이 비공식적인 사모 배정 자금을 조달할 계획을 발표했습니다. 이번 계획은 2500만 주식을 주당 $0.02에 발행하는 것을 목표로 하고 있습니다. 이번 발행은 최대 $500,000의 총 수익을 가져올 것으로 예상되며, 이는 운영 자본으로 사용될 것입니다.

회사는 수익금이 투자자 관계 활동에 사용되지 않으며, 단일 사용이 총 수익의 10% 이상을 차지하지 않을 것이라고 명시했습니다. 발행된 모든 증권은 발행일로부터 4개월과 하루 동안의 제한된 홀드 기간에 적용됩니다. 이번 현재의 공고는 2024년 7월 19일에 발표된 비공식 사모 배정안을 대체하며, 이는 공식적으로 시작되지 않았습니다.

DGTL Holdings (NEX: DGTL.H) a annoncé des projets pour un financement de placement privé sans intermédiaire, visant à émettre jusqu'à 25 millions d'actions ordinaires au prix de $0,02 par action. On s'attend à ce que l'offre génère des recettes brutes allant jusqu'à $500,000, qui seront allouées au fonds de roulement opérationnel.

L'entreprise a précisé qu'aucun produit ne sera utilisé pour des activités de relations avec les investisseurs et qu'aucune utilisation unique ne représentera 10 % ou plus des recettes brutes. Tous les titres émis seront soumis à une période de blocage de quatre mois et un jour à compter de la date d'émission. Cette offre actuelle remplace un placement privé précédemment annoncé le 19 juillet 2024, qui n'a jamais été officiellement lancé.

DGTL Holdings (NEX: DGTL.H) hat Pläne für eine nicht vermittelte Privatplatzierung angekündigt, mit dem Ziel, bis zu 25 Millionen Stammaktien zu einem Preis von $0,02 pro Aktie auszugeben. Von der Finanzierung wird erwartet, dass sie Bruttoerlöse von bis zu $500.000 einbringt, die für Betriebskapital verwendet werden.

Das Unternehmen stellte klar, dass keine Einnahmen für Investor Relations-Aktivitäten verwendet werden und dass kein einzelner Verwendungszweck 10 % oder mehr der Bruttoerlöse ausmachen wird. Alle ausgegebenen Wertpapiere unterliegen einer Sperrfrist von vier Monaten und einem Tag ab dem Ausgabedatum. Dieses aktuelle Angebot ersetzt eine zuvor angekündigte Privatplatzierung vom 19. Juli 2024, die nie offiziell eingeleitet wurde.

Positive
  • Securing up to $500,000 in additional working capital
Negative
  • Significant shareholder dilution through issuance of 25 million new shares
  • Low share price of $0.02 indicates potential financial distress
  • Previous planned private placement from July 2024 failed to materialize

Toronto, Ontario--(Newsfile Corp. - February 3, 2025) - DGTL Holdings Inc. (NEX: DGTL.H) ("DGTL" or the "Company") reports that it intends to complete a non-brokered private placement financing (the "Offering") issuing up to 25,000,000 common shares of the Company (each a "Share") at a price of $.02 per common share for gross proceeds of up to $500,000.

Proceeds from the Offering will be used to fund operating working capital and will not be used for any investor relations activities. There is no specific use of proceeds which will represent 10% or more of the gross proceeds of the Offering. All securities issued pursuant to the Offering will be subject to a restricted hold period of four months and one day from the date of issuance.

Lastly, the current Offering supersedes a previously anticipated private placement announced on July 19th, 2024, which was never formally initiated or made available to the public.

For more information please contact:

John Belfontaine, CEO
Email: IR@dgtlinc.com
Phone: +1 (877) 879-3485
Website: www.dgtlinc.com

Forward-Looking Statements

This news release may contain certain "forward-looking statements." Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239381

FAQ

How much is DGTL Holdings (DGTL.H) raising in its latest private placement?

DGTL Holdings is raising up to $500,000 through a private placement offering of 25 million common shares at $0.02 per share.

What is the share price for DGTL Holdings' February 2025 private placement?

The private placement is priced at $0.02 per common share.

How long is the hold period for DGTL Holdings' private placement shares?

The securities issued in the private placement will have a restricted hold period of four months and one day from the date of issuance.

What will DGTL Holdings use the private placement proceeds for?

The proceeds will be used to fund operating working capital, with no allocation for investor relations activities and no single use exceeding 10% of the gross proceeds.

How many new shares will DGTL Holdings issue in the February 2025 private placement?

DGTL Holdings plans to issue up to 25,000,000 common shares through the private placement.

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