VANCOUVER, British Columbia, Oct. 23, 2025 (GLOBE NEWSWIRE) -- AlphaGen Intelligence Corp. (CSE:AIC, FSE: G4G)) ("AlphaGen" or the "Company") announces that it intends to complete a non-brokered private placement offering (the "Offering") of up to 10,000,000 units of the Company (each, a "Unit") at a price of $0.25 per Unit for aggregate gross proceeds of up to $2,500,000. Each Unit shall be comprised of one (1) common share (each, a "Share") and one-half of one Share purchase warrant, whereby each whole Share purchase warrant ("Warrant") shall entitle the holder thereof to purchase one additional Share (each, a "Warrant Share") at a price of $0.40 per Warrant Share for a period of two years from the date of issuance.
The Company intends to use the net proceeds raised from the Offering for general working capital purposes and may pay finder's fees related to the Offering. All securities to be issued and issuable pursuant to the Offering will be subject to a statutory four-month hold period in accordance with applicable securities legislation. The Offering is expected to close on such date as the Company may determine and, in any event, on or before a date not later than 45 days after the date of the price protection, subject to the satisfaction of certain conditions, including, but not limited to, the receipt of the approval of the shareholders of the Company (the "Shareholders") and the receipt of all necessary regulatory approvals, including acceptance by the Canadian Securities Exchange (the "CSE").
The securities described herein have not been and will not be registered ...
