10:57 AM EDT, 09/19/2025 (MT Newswires) -- Izotropic ( IZOZF ) Friday said it completed a non-brokered private placement financing for proceeds of C$375,000.
The company said it issued 1.5-million units at $0.25 apiece. Each unit consists of one common share and one three-year transferable warrant, and each warrant entitles the holder to buy a share for $0.50.
Proceeds will be used for general working capital needs. It added that an insider of Izotropic ( IZOZF ) acquired 100,000 units in the offering.
Shares of the company were last seen up 2.3% at $0.44 on the Canadian Securities Exchange.
Price: 0.44, Change: +0.01, Percent Change: +2.33