Grey Matters Health closes CAD 1.12 million equity, convertible debenture private placement

Bitget2026/09/23 11:03

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Grey Matters closed a CAD 1.12 million private placement of equity units and unsecured convertible debenture units.
Second tranche raised CAD 520,000, including 675,000 units at CAD 0.4; first tranche closed Sept. 9 for CAD 600,000.
Equity units include one share, one warrant exercisable at CAD 0.6 for 36 months.
Convertible debentures pay 10% interest, mature in 24 months, convert at CAD 0.455; include warrants exercisable at CAD 0.55.
Proceeds earmarked for its Alzheimer’s Disease program, a planned U.S. brain-specific neuroimaging clinic, working capital.

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. Grey Matters Health Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609230700PRIMZONEFULLFEED9832222) on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Grey Matters Health closes CAD 1.12 million equity, convertible debenture private placement

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