FeralX Systems to Trade on the TSX Venture Exchange on Monday

02:11 PM EDT, 10/16/2026 (MT Newswires) -- FRLX Systems (FRLX.V) will start trading on the TSX Venture Exchange on Oct. 19, the company said on Friday. The company, a Canadian-controlled manufacturer of weapons and precision components for government, military and law-enforcement agencies, sold nine-million units at CA$0.60 each, raising CA$5.4 million, in its initial offering of share units. Each unit consists of one share and one-half of a two-year warrant to buy a share at CA$1.00. Most of the proceeds will be used to purchase capital equipment and fund overhead expenses for the next 12 months, a statement said.