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Frequency Exchange closes first tranche of private placement, raising $427K to boost growth.

Company Fundamentals
11 Sep 2026
TheNewswire
View Source
Bullish
Frequency Exchange closes first tranche of private placement, raising $427K to boost growth.

Frequency Exchange Corp. has completed the first tranche of its private placement, issuing 1,708,230 units at $0.25 each, raising gross proceeds of $427,057. Each unit includes one common share and half a warrant exercisable at $0.40 within 12 months, with an acceleration clause if the share price hits $0.70. The funds will be used to expand sales, marketing, inventory, technology development, team growth, and international expansion. The company extended the private placement closing date to September 28, 2026, pending TSX Venture Exchange approval.

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