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VANCOUVER, BC, May 12, 2025 /CNW/ - Principal Technologies Inc. (the "Company" or "Principal") (TSXV: PTEC) (FWB: JO7) announces, further to its news releases dated April 28, 2025, regarding the financing agreement reached with RLOX Beteiligung GmbH (the "Financing Agreement"), and May 2, 2025, with respect to a further financing transaction, respectively, the closing of its private placement financings (together, the "Offering") issuing an aggregate of 4,120,000 common shares of the Company (the "Common Shares") at a price of $0.25 per Common Share, thereby raising proceeds of $1,030,000 (the "Proceeds").
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
VANCOUVER, BC, May 2, 2025 /CNW/ - Principal Technologies Inc. (the "Company" or "Principal") (TSXV: PTEC) (FWB: JO7) is pleased to announce that the Company has arranged a non-brokered private placement financing (the "Offering") of 1,000,000 common shares of the Company (the "Common Shares") at a price of $0.25 per Common Share for aggregate gross proceeds of $250,000. The Offering is fully allocated to a significant shareholder of the Company and no finder's fees are applicable. The proceeds of the Offering are intended to be used for general working capital purposes.
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