Vancouver, BC -- September 01, 2026 -- Inturai Ventures Corp., the company behind AI-driven technology for healthcare, military, and smart home systems, closed the first tranche of its private placement on August 28, 2026, raising gross proceeds of $940,999.65. The Vancouver-based firm, listed as CSE: URAI, OTC: URAIF, and FSE: 3QG0, issued 6,273,331 Units at $0.15 each to investors. The company said it plans to close the remaining portion of the offering in one or more additional tranches over the coming weeks.
Raises Nearly $1 Million in Opening Tranche
The full offering allows Inturai to issue up to 8,500,000 Units for total gross proceeds of up to $1,275,000. So far, the company has sold roughly 74% of that target through the first tranche alone. Each Unit bundles one common share with one warrant, giving early backers a stake in both the company's current stock and its future price movement.
Warrants Carry a Built-In Expiry Trigger
Warrant holders can buy an additional share at $0.25 anytime within 24 months of issuance. But there's a catch that could shorten that window: if Inturai's share price on the Canadian Securities Exchange closes at or above $0.35 for five straight trading days, the company can force an early expiry. In that case, Inturai would issue a press release, and warrant holders would then have just 30 days to exercise before the warrants expire for good.
The Units sold under this round qualify for immediate free trading in Canada, aside from Quebec, and in other jurisdictions including the United States, under the listed issuer financing exemption in National Instrument 45-106.
Proceeds Aimed at R&D and Working Capital
Inturai said it will direct the funds toward research and development, business development, and general working capital. The company builds AI systems intended for intelligent environments across healthcare, military, smart home, and industrial settings, though this round of financing centers on capital rather than a specific product launch.
Investors considering the offering can review the Amended and Restated Offering Document filed under the company's profile on SEDAR+ and posted on Inturai's own website before making a decision.
Finders Collect Cash and Warrants for Introducing Buyers
As part of closing the first tranche, Inturai paid $9,900 in cash and issued 66,000 finder warrants to arm's-length parties who helped bring subscribers into the deal. Each finder warrant lets the holder buy one common share at $0.25 until August 28, 2028. All securities issued to finders remain restricted from resale until December 29, 2026, under Canadian securities rules and CSE policy.