Vancouver, British Columbia — February 27, 2026 — Leads & Copy — Railtown AI Technologies Inc. has closed its fully subscribed non-brokered private placement, the company announced. The offering generated gross proceeds of $3.4 million.
The private placement consisted of units priced at $0.30 each. Each unit includes one common share of Railtown and one-half of a common share purchase warrant. Each whole warrant allows the holder to acquire an additional share at $0.45 for 18 months.
The warrants are subject to acceleration under certain conditions, details of which can be found in Railtown’s news release dated February 9, 2026.
All securities issued in connection with the offering are subject to a standard four-month hold period, as per Canadian securities laws.
The company paid cash commissions totaling $160,000 to eligible finders, representing 8% of the gross proceeds from purchasers introduced by those finders. Additionally, 533,333 non-transferable common share purchase warrants were issued to the finders, also equal to 8% of the units sold to purchasers they introduced. Each finder’s warrant allows the holder to acquire one share at $0.30 for 18 months from the issuance date.
Railtown intends to use the net proceeds from the offering for general working capital purposes.
The securities referenced in the announcement have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States, or to U.S. persons, without registration or an applicable exemption. The release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction where such an offer would be unlawful.
Railtown AI Technologies Inc. builds AI developer tools and agentic frameworks that power the next generation of intelligent applications. Its Platform — including real-time ingestion (Railengine), agent development frameworks (Railtracks ADK), and advanced observability (Conductr) — helps teams build, deploy, and operate AI agents with confidence and at scale.
Cory Brandolini is Chief Executive Officer of Railtown.
Rebecca Kerswell is the Investor Relations Contact.
Email: investors@railtown.ai
Phone: 1-604-417-4440
Source: Railtown AI Technologies Inc.
