Zonetail Inc. Announces New Non-Brokered Private Placement for up to $1,000,000

About this update from Zonetail, Inc.

[{"type":"text","content":"Zonetail Inc. Announces New Non-Brokered Private Placement for up to $1,000,000\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n TORONTO, Ontario –\n \n\n TheNewswire\n-\n \n\n September 8, 2025 - Zonetail Inc.\n(“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to\nannounce that it intends to offer for sale, on a non-brokered private\nplacement basis, securities of the Company (the\n“Offering”) consisting of shares of the Company at a price of\n$0.02 per share for aggregate gross proceeds of up to $1,000,000\n(“Maximum Proceeds”). The Offering is subject to the receipt of\nall necessary approvals, including the approval of the Toronto Venture\nExchange (the “TSXV”), as well as the satisfaction of other\ncustomary closing conditions. Assuming the Maximum Proceeds are\nraised, the Company will issue 50,000,000 Shares.\n \n\n\n\n In connection with the Offering, the Company may pay\nfinder’s fees equal to 6% of the gross proceeds in cash and issue 6%\nnon-transferable warrants (the “Finder Warrants”) to various\nregistered dealers or finder’s, representing up to 6% of the shares\nsold through such registered dealers or finders in the Offering. Each\nFinder Warrant will entitle the holder thereof to purchase one (1)\nZonetail Share at a price of $0.05 per share for a period of\nthirty-six (36) months from the closing date of the offering.\n \n\n\n\n The proceeds derived from the sale of the shares will\nbe for the completion of the Company’s rent reporting portal,\nfurther development projects, sales efforts, as well as general\nworking capital purposes. Assuming aggregate gross proceeds are\nraised, approximately 22% will be used for Non-Arm’s length\nsalaries, 36% for technology additions and 7% for arm’s length\nsalaries 15% for sales and marketing and 17% for administration.\n \n\n\n\n A portion of the Offering may be allocated to investors\nrelying on the “accredited investor” or other exemptions available\nto Zonetail under National Instrument 45-106 – Prospectus\nExemptions.\n \n\n\n\n Certain insiders of Zonetail may participate in the\nOffering; however, the total participation by insiders is not expected\nto ...

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