Clip Money Inc. Announces Closing of US$4 Million Private Placement Financing
Reuters
Jul 19, 2025
Clip Money Inc. Announces Closing of US$4 Million Private Placement Financing
Clip Money Inc. has announced the successful closing of a non-brokered private placement involving the issuance of 6,876,500 common shares at a price of CAD$0.20 per share, raising gross proceeds of US$1,000,000. The financing involved two insiders of the company. Additionally, Clip Money has closed a non-brokered private placement of an unsecured convertible note for US$3,000,000 with Cardtronics Inc., a subsidiary of NCR Atleos Corporation. Cardtronics, a significant shareholder and strategic partner, demonstrates its continued support for Clip Money through this investment. No finder's fee was paid in connection with these financings.
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. Clip Money, Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9497137-en) on July 18, 2025, and is solely responsible for the information contained therein.
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