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TempraMed to Raise CA$8 Million in a Private Placement of Share Units

TempraMed to Raise CA$8 Million in a Private Placement of Share Units

MT newswireMT newswire2026/10/20 17:48
01:48 PM EDT, 10/20/2026 (MT Newswires) -- TempraMed Technologies (VIVI.CN) plans a non-brokered private placement offering to raise up to CA$8 million, it said in a statement on Tuesday. The company is offering up to 16-million units priced at CA$0.50 apiece and made up of a share are and a non-transferable 1.5-year warrant to buy a share for CA$1.00. Proceeds are expected to be used towards speeding-up global growth and fulfillment of increased demand, product development, marketing activities and towards general working capital needs, it said. The LIFE offering may also close in one or more tranches, it added. Shares of the company were last seen up CA$0.01, or 2% to CA$0.50 on the Canadian Securities Exchange. Price: 0.50, Change: +0.01, Percent Change: +2.04
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