Psyence Group Inc. Successfully Closes Second Tranche of Private Placement, Raising Total C$600,000 for Strategic Growth

Reuters

07/08

<a href="https://laohu8.com/S/PSYGD">Psyence Group Inc.</a> Successfully Closes Second Tranche of Private Placement, Raising Total C$600,000 for Strategic Growth

Psyence Group Inc. (CSE:PSYG) has successfully closed the second tranche of its non-brokered private placement, raising a total of C$600,000 through the issuance of 6,000,000 common shares at C$0.10 per share. The offering was divided into two tranches: the first tranche closed on June 25, 2025, with 4,760,000 shares issued for C$476,000, and the second tranche closed on July 4, 2025, with 1,240,000 shares issued for C$124,000. The net proceeds will be utilized to support Psyence's ongoing general working capital needs, including operational expenses and strategic growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Psyence Group Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1046195) on July 07, 2025, and is solely responsible for the information contained therein.

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Successfully Closes Second Tranche of Private Placement, Raising Total C$600,000 for Strategic Growth","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PSYGD\">Psyence Group Inc.</a> Successfully Closes Second Tranche of Private Placement, Raising Total C$600,000 for Strategic Growth\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/PSYGF\">Psyence Group Inc.</a> (CSE:PSYG) has successfully closed the second tranche of its non-brokered private placement, raising a total of C$600,000 through the issuance of 6,000,000 common shares at C$0.10 per share. The offering was divided into two tranches: the first tranche closed on June 25, 2025, with 4,760,000 shares issued for C$476,000, and the second tranche closed on July 4, 2025, with 1,240,000 shares issued for C$124,000. The net proceeds will be utilized to support Psyence's ongoing general working capital needs, including operational expenses and strategic growth initiatives.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Psyence Group Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. 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Successfully Closes Second Tranche of Private Placement, Raising Total C$600,000 for Strategic Growth\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-07-08 05:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PSYGD\">Psyence Group Inc.</a> Successfully Closes Second Tranche of Private Placement, Raising Total C$600,000 for Strategic Growth\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/PSYGF\">Psyence Group Inc.</a> (CSE:PSYG) has successfully closed the second tranche of its non-brokered private placement, raising a total of C$600,000 through the issuance of 6,000,000 common shares at C$0.10 per share. The offering was divided into two tranches: the first tranche closed on June 25, 2025, with 4,760,000 shares issued for C$476,000, and the second tranche closed on July 4, 2025, with 1,240,000 shares issued for C$124,000. The net proceeds will be utilized to support Psyence's ongoing general working capital needs, including operational expenses and strategic growth initiatives.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Psyence Group Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1046195) on July 07, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250707:nNDLZJpxf:1","article_id":"2549568349","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549568349","pubTimestamp":1751922028,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Psyence Group Inc.  has successfully closed the second tranche of its non-brokered private placement, raising a total of C$600,000 through the issuance of 6,000,000 common shares at C$0.10 per share. 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The net proceeds will be utilized to support Psyence's ongoing general working capital needs, including operational expenses and strategic growth initiatives.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Psyence Group Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1046195) on July 07, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}