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Killi Ltd.: Killi Announces Closing of Oversubscribed $4.5 Million Non-Brokered Private Placement
Killi Ltd. (TSXV: MYID) (OTCQB: MYIDF) (the
Company or
Offering ) of 35,274,092 units of the Company (each, a
Unit and collectively, the
Units ) at $0.13 per Unit, for aggregate gross proceeds of $4,585,632. In connection with the Offering, the Company issued an aggregate of 35,274,092 common shares in the capital of the Company (the
Common Shares ) and 35,274,092 common share purchase warrants.
No commissions or fees were paid in connection with this Offering. The Offering s net proceeds will be used for general working capital requirements and to increase the overall awareness of Killi both in Canada and the USA. For further details concerning the Offering, please refer to the Company s news releases dated February 25 and March 5, 2021, which are available on the Company s profile on SEDAR at www.sedar.com.
Killi Ltd.: Killi Increases Previously Announced Non-Brokered Private Placement By $1.5M Due To Strong Demand From Investors, Bringing The Total Amount Of The Offering To $4.5M
Killi Ltd. (TSXV: MYID) (the
Company or
Killi ) is pleased to announce that due to strong demand from both current and new investors the Company has increased the amount of their February 25, 2021 non brokered private placement offering (the
Offering ) from $3 million to $4.5 million. Privacy changes including those most recently from Google and Apple are accelerating the trend towards consumer privacy, said Neil Sweeney CEO & Founder of Killi. The increased demand from investors for this private placement is further validation of our approach to democratizing data for consumers as well as our rapid progress. This additional capital will help us expand on our mission at a faster rate while providing more ammunition to generate awareness of Killi.