Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Nanalysis Announces Closing of Fully Subscribed Note Offering

Newswire.ca - Fri Jun 13, 2025

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

CALGARY, AB, June 13, 2025 /CNW/ - Nanalysis Scientific Corp. (the "Company" or "Nanalysis") (TSXV: NSCI, OTCQX: NSCIF, FRA: 1N1), is pleased to announce that it has closed its previously-announced offering of 12% unsecured promissory notes (the "Notes") for aggregate gross proceeds of $2,000,000 (the "Offering"). The Notes were issued to arm's length third-party investors (the "Lenders"). The Notes mature on June 13, 2027, and bear simple interest at a rate of 12% per annum, payable annually within 30 days of the first and second anniversary date of the Notes. At the Company's option and subject to TSX Venture Exchange ("TSXV") approval, the interest may be paid in cash or common shares of the Company. The Company intends to use the net proceeds from the Offering for general corporate purposes and to support ongoing business operations.

Read more at newswire.ca

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.