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Zonetail Inc.
Symbol ZONE
Shares Issued 327,565,907
Close 2026-10-02 C$ 0.015
Market Cap C$ 4,913,489
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ORIGINAL: Zonetail Inc. Announces New Non-Brokered Private Placement for up to $500,000

2026-10-05 06:45 ET - News Release

(via TheNewswire)

Zonetail Inc.
  

TORONTO, Ontario - TheNewswire - October 5, 2026 - Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it intends to offer for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of common shares in the capital of the Company (“Zonetail Shares”) at a price of $0.02 per Zonetail Share for aggregate gross proceeds of up to $500,000 (“Maximum Proceeds”). The Offering is subject to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “TSXV”), as well as the satisfaction of other customary closing conditions. Assuming the Maximum Proceeds are raised, the Company will issue 25,000,000 Shares.

 

In connection with the Offering, the Company may pay finder fees equal to 6% of the gross proceeds in cash and issue non-transferable warrants (the “Finder Warrants”) equal to 6% of the shares sold through various registered dealers or finders in the Offering. Each Finder Warrant will entitle the holder thereof to purchase one (1) Zonetail Share at a price of $0.05 per Zonetail Share for a period of thirty-six (36) months from the closing date of the Offering.

 

The Company intends to use the proceeds from the Offering primarily to accelerate revenue-generating initiatives, including the expansion of its sales team, the completion and commercialization of Zonetail’s new AI-powered residential marketplace, and the pursuit and development of new strategic partnerships and financial-service offerings, including potential credit card opportunities. The Company also intends to support the continued commercialization of its existing products and services, including Rent Reporting, Payments and Rewards, and to use a portion of the proceeds for general working capital purposes.

 

All of the securities issuable in connection with the Offering will be subject to a hold period expiring four months and one day after the date of issuance of the securities.

 

The Company intends to close a first tranche of the Offering on or about October 31, 2026, with a final closing no later than November 17, 2026.

 

The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States.

 

The Company also announces that the private placement originally announced on May 20, 2026, with a first closing announced on June 2, 2026, closed on August 1, 2026. The Company raised aggregate gross proceeds of $97,500 under that financing, with no further closings.

 

About Zonetail

Zonetail Inc. (TSXV: ZONE) is a residential technology company building a digital platform designed to connect property managers and residents with the products, services and financial tools associated with their homes.

Zonetail’s platform brings together a growing suite of services including its residential Marketplace, Rent Reporting, Payments and Rewards initiatives. Through integrations and relationships with property management companies and technology and financial-service providers, Zonetail is focused on creating new revenue opportunities while providing property managers with value-added services for their residents.

The Company’s strategy is focused on expanding the number of residential households accessible through the Zonetail platform, increasing marketplace participation and accelerating the commercialization of its revenue-generating products and services.

Please visit https://www.zonetail.com .

For more information, please contact:

Mark Holmes

President and CEO

Zonetail Inc.

Telephone: (416) 994-5399

mark@zonetail.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the Offering, the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 

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