Vancouver, British Columbia–(Newsfile Corp. – March 4, 2025) – Metavista3D Inc. (TSXV: DDD) (FSE: E3T) (“Metavista3D” or the “Company“) is pleased to announce that it has closed its previously announced non-brokered private placement for a total of 1,436,781 common shares (the “Common Shares“) at a price of C$1.74 per Common Share for gross proceeds of C$2,500,000 (the “Offering“).
In accordance with applicable securities legislation, the Common Shares issued pursuant to the Offering are subject to a hold period of four months plus one day from the date of the completion of the Offering. The proceeds raised from the Offering will be used by the Company for general corporate purposes. No finders’ fees were paid in connection with the sale of the Common Shares.
About Metavista3D
Metavista3D Inc., through its wholly owned subsidiary, psHolix AG, is at the forefront of developing AI-driven, pseudo-holographic display technologies designed to transform how we interact with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3D experiences. For more information, visit www.metavista3D.com.
Metavista3D’s shares are publicly traded and listed in Canada on the TSX-Venture Exchange under the ticker symbol DDD, and on the German Stock Exchange in Frankfurt and others under the ticker symbol E3T.
Metavista3D’s ISIN number is CA59142H1073 and German WKN number is A3EG0D.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey Carlson
CEO and Director
E: jeff@metavista3d.com
T: (647) 697-9199
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Information:
This news release contains forward-looking statements including but not limited to statements regarding the Company’s business, assets or investments, as well other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and prospects of the Company.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243148