TechX Technologies (OTCMKTS: TECXF) shares have been on an impressive run over the last 7 trading days. Shares are up over 200% trading up from 40 cents earlier this month. Shares are up 28% today as of 11:30 trading at 1.22 up .27. Action is already double its 30-day average trading volume.
So what has investors excited? Well here are some highlights from recent press releases.
TechX Technologies Announces Closing of $10 Million Private Placement. The Company has allotted and issued 20,000,000 units (the “Units“) at a price of $0.50 per Unit. Each Unit is comprised of one common share and one-half of one transferable warrant. Each whole warrant (a “Warrant“) will entitle the holder to purchase one additional common share for a period of sixty (60) months at a price of $1.00 per share, subject to accelerated expiry.
Also in the same release TECXF let investors know that it has engaged Market IQ Media Group (“MIQ”) for a 6-month digital advertising campaign in connection with the Company’s ongoing effort to increase awareness.
Last week TechX announced announce that its portfolio company, Catalyx Exchange (“Catalyx”) intends to list its Canadian stablecoin, CADX on the Bittrex Global Exchange. Bittrex is one of the world’s top 10 cryptocurrency exchanges in terms of liquidity and provides the widest selection of cryptocurrencies.
TechX Technologies Inc. (OTC:TECXF) is a company focused on emerging technologies across growth sectors including: crypto, blockchain, AI and cloud technologies. Led by senior leaders and industry experts, TechX invests in and provides subject matter experts within portfolio companies to accelerate success and maximize value for shareholders