Trenchant announces the closing of a private placement without an intermediary

Vancouver, British Columbia–(Newsfile Corp. – June 20, 2024) – Technological capital decided Corp. (CSE: AITT) (OTC: AITTF) (“Sharp“or the”Business“) announces that, following its press release of June 12, 2024, it has finalized its financing by private placement without an intermediary (the “Offer“), under which it issued 400,000 units (each, a “Unit“) for gross proceeds of $100,000. Each unit consists of one common share (each, one “Share“) and one common share purchase warrant (each, a “To guarantee“). Each subscription warrant allows its holder to acquire one share (each, one “Warrant Action“) at a price of $0.50 per share of warrant for a period of two years following closing. The proceeds of the offering will be used for general working capital purposes.

The securities issued as part of the Offer, as well as the Shares that may be issued upon the exercise of the warrants, are subject to a legal retention period expiring four months and one day after the closing of the Offer.

ON BEHALF OF THE COUNCIL
TRENCHANT TECHNOLOGIES CAPITAL CORP.

By: “Eric Boehnke”
Eric Boehnke, CEO

For more information, please contact:
Tranchant Capital Corp.
Eric Boehnke, CEO
Telephone: (604) 307-4274

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/213772