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Accesswire
3 days ago
INEO Tech Corp. Announces Closing of Private Placement and Debt Settlement
SURREY, BC / ACCESS Newswire / June 16, 2026 / INEO Tech Corp. (TSXV:INEO)(OTCQB:INEOF, currently trading as INEOD until early July 2026 due to the recent share consolidation) (the "Company" or "INEO") announces that further to its news releases dated May 4, 2026, and May 28, 2026, the Company closed its previously announced non-brokered private placement of Shares (the "Share Offering"), issuing 15,000,000 Shares, at a price of $0.10 per Share for gross proceeds of $1,500,000. The Company expects to use the proceeds from the Share Offering for working capital, inventory purchases, production requirements, customer deployment costs and general corporate purposes.