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Zonetail Closes Final Tranche of Private Placement, Totaling $437,500
Toronto, Canada — December 30, 2025 — Leads & Copy — Zonetail Inc. (TSXV:ZONE) has announced the closing of the third and final tranche of its non-brokered private placement, bringing the total placement to $437,500.
The company closed $40,000 of the offering, which aimed to raise up to $1,000,000 through the sale of common shares at $0.02 per share.
Proceeds from the share sales will be used to complete Zonetail's rent reporting portal, fund further development projects, support sales efforts, and for general working capital.
The company anticipates allocating approximately 22% of the gross proceeds to Non-Arm’s length salaries, 36% for technology additions, 7% for arm’s length salaries, 15% for sales and marketing, and 17% for administration, assuming aggregate gross proceeds are raised.
A portion of the offering was allocated to investors relying on the “accredited investor” or other exemptions available to Zonetail under National Instrument 45-106 – Prospectus Exemptions.
All securities issued in connection with the offering will be subject to a hold period expiring four months and one day after the issuance date.
Zonetail Inc. is a mobile platform and market network that aims to provide high-rise residents with a way to manage their homes by connecting them to products, amenities, and services. The company's vision is to build a user base in the high-rise residential vertical through a mobile market network model.
Mark Holmes, President and CEO of Zonetail Inc., can be contacted at (416) 994-5399 or mark@zonetail.com.
Source: Zonetail Inc.