AI/ML Innovations to Raise CA$1.5 Million Via Private Placement

09:58 AM EST, 11/05/2026 (MT Newswires) -- AI/ML Innovations (AIML.CN) plans to complete a non-brokered private placement to raise up to CA$1.5 million, it said in a statement on Thursday. The offering will consist of the issuance of up to 30-million units at CA$0.05 apiece. Each unit will be comprised of one common share and one warrant, with each warrant entitling the holder to buy a share for CA$0.15 for a period of 60 months from the date of issuance, subject to anti-dilution provisions, it said. The company's shares last traded Nov. 4, closing at CA$0.045 on the Canadian Securities Exchange.