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MCX Technologies Corp. (MCCX) has announced a non-brokered private placement offering to raise up to US$2.5 million by issuing up to 20 million common shares at a price of US$0.10 each. The funds will be utilized for general working capital as the company transitions into Web 3.0 technologies. The offering is limited to accredited investors and non-U.S. persons under Regulation S due to registration requirements.
Any issued shares will be subject to customary hold periods and will not be registered under the United States Securities Act.
MCX Technologies Corporation (TSXV: MCX, OTC: MCCX) has appointed Shone Anstey and Susan Olson as independent directors, effective immediately. Anstey, CEO of LQwD FinTech Corp, brings over 20 years of tech entrepreneurship and expertise in cryptocurrency. Olson, CFO/COO of Hawley Troxell Partners, offers financial leadership and experience in capital raising, also chairing the Audit Committee. Their appointment aims to enhance the board's expertise as previous members Matthew Kruchko and Nii-Ayikwei Quaye resign. CEO Christopher Rowlison expresses confidence in their contributions to MCX's growth.
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