MCX Technologies Corp. (MCX) has announced a non-brokered private placement to raise gross proceeds up to US$2.5 million.
The company will issue up to 20,000,000 common shares at a price of US$0.10 per share.
Proceeds will be used for general working capital to fund the development of Web 3.0 technologies and applications.
MCX Technologies Corp is focused on delivering the Metaverse and web3 solutions to customer-centric organizations through integrated marketing, data science, analytics, commerce, and machine learning.
MCX Technologies Corporation (MCX) is down 6.67 per cent, trading at C$0.14 per share.