Railtown AI Technologies Inc.

Recent News

Railtown AI Technologies Announces Engagement of EF Hutton to Lead Proposed Firm Commitment Public Offering and Uplisting

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce the engagement of Manhattan-based firm EF Hutton LLC to act as exclusive, sole underwriter, deal manager and investment banker for a proposed firm commitment public offering and uplisting. Cory Brandolini states, "We are thrilled to align ourselves with EF Hutton as we transition our listing to the US; EF Hutton is an...

2024-06-04 8:00 AM EDT

Railtown AI Technologies Inc. Announces a Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") announces that it proposes to raise up to US$650,000 through a non-brokered private placement to strategic investors, primarily located in the US. The placement will consist of up to 5,416,667 units at a price of US$0.12 per unit. Each unit will consist

2024-06-04 12:46 AM EDT

Railtown AI Technologies Announces Participation in the EF Hutton Annual Global Conference

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce the Company has been invited to present at the EF Hutton Annual Global Conference, which will take place on May 15, 2024, at The Plaza Hotel in New York. Cory Brandolini, Co-Founder and CEO, of Railtown will present for the Company. Interested parties can register to attend here. About EF Hutton LLC EF Hutton LLC is an...

2024-05-08 7:30 AM EDT

Railtown AI Technologies Inc. Engages Manhattan Based McKim & Company LLC as Financial Advisor

Vancouver, British Columbia--(Newsfile Corp. - April 23, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce that the Company has entered into an engagement letter with Manhattan based McKim & Company LLC (McKim & Co.) pursuant to which McKim & Co. will provide development and strategic advisory services in regard to US capital markets. The engagement letter covers a variety of potential transactions, and states that McKim &...

2024-04-23 8:00 AM EDT

Railtown AI Technologies Inc. Announces DTC Eligibility

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce that the Company's common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies....

2024-04-16 8:00 AM EDT

Railtown AI Technologies Inc. Announces Final Closing of Life Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - March 1, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce that the Company has closed the final tranche of its previously-disclosed non-brokered private placement (the "Offering") of units of the Company (each, a "Unit"). This tranche of the Offering consisted of 1,863,667 Units at a price of $0.15 per Unit for gross proceeds of $279,550. Each Unit consists of one common share in the capital...

2024-03-01 4:36 PM EST

Railtown AI Technologies Inc. Announces Closing Tranche of Life Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce that the Company has closed a tranche of its previously-disclosed non-brokered private placement (the "Offering") of units of the Company (each, a "Unit"). The tranche consisted of 17,466,666 Units at a price of $0.15 per Unit for aggregate gross proceeds of $2,620,000. Each Unit consists of one common share in the capital of the...

2024-02-29 6:40 PM EST

Railtown AI Technologies Inc. Announces Increase to Life Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - February 16, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce that, due to investor demand, the Company is increasing the maximum number of units of the Company (each, a "Unit") issuable in connection with its previously-disclosed non-brokered private placement from 16,666,667 to 19,333,333, for aggregate gross proceeds of up to $2,900,000 (the "Offering"). The $0.15 issue price of the Units...

2024-02-16 4:30 PM EST

Railtown AI Technologies Inc. Engages Canaccord Genuity Corp. as Exclusive Financial Advisor

Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce that the Company has entered into an engagement letter with Canaccord Genuity Corp. ("Canaccord Genuity") dated February 1, 2024, pursuant to which Canaccord Genuity will act as Railtown's exclusive financial advisor. The engagement letter covers a variety of potential transactions, including financings and M&A, and...

2024-02-01 8:48 PM EST

Railtown AI Technologies Inc. Announces $2.5 Million Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce a non-brokered private placement of up to 16,666,667 units of the Company (each, a "Unit") at a price of $0.15 per Unit for aggregate gross proceeds of up to $2,500,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each...

2024-01-31 8:08 PM EST

Railtown AI Technologies Inc. to Demo at the Launch Builders Meetup Presented by Launch, Microsoft Vancouver, and Smythe

Vancouver, British Columbia--(Newsfile Corp. - January 24, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that it has been invited to demo Railtown's cloud-based Application General Intelligence™ Platform for Software Developers and Teams that practice Agile Project Management at the Launch Builders Meetup presented by Launch, Microsoft Vancouver, and Smythe. This sold-out Launch Builders Meetup happening...

2024-01-24 2:19 PM EST

Railtown Announces Options Grants

Burnaby, British Columbia--(Newsfile Corp. - January 12, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") announces that it has granted 1,100,000 incentive stock options to employees. The incentive stock options have an exercise price of $0.25 per share, and expire November 1, 2028. The Company's Stock Option Plan allows for the issuance of up to 10% of issued and outstanding share capital in the form of incentive stock options. As the result of...

2024-01-12 5:33 PM EST

Railtown AI Technologies Begins Trading on the OTCQB Under the Symbol RLAIF

Vancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that the Company's common shares have commenced trading on the OTCQB®, an over-the-counter public market in the United States, under the ticker symbol RLAIF. Railtown AI will continue to trade on the Canadian Securities Exchange under the ticker symbol "RAIL", as its primary listing. "Listing on the...

2023-12-19 7:00 AM EST

Railtown AI Technologies Inc. Files Provisional Patent Application Covering AI-Driven Ticket Generation to Accelerate Software Development

Burnaby, British Columbia--(Newsfile Corp. - December 14, 2023) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that it strategically expanded its Intellectual Property portfolio on December 11, 2023, by filing the Company's second North American provisional patent. This filing's claims cover AI-driven ticket generation - the Railtown Platform acting as a virtual developer, performing common, yet vital, software engi

2023-12-14 7:00 AM EST

Railtown AI Technologies Inc. Evolves from Developer to Vendor of AI Services and Solutions & Nears Completion of SOC Compliance Process

Burnaby, British Columbia--(Newsfile Corp. - December 7, 2023) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that during Q4 2023, the Company successfully evolved from a pure AI research and development (R&D) engineering company to also being a vendor following the full commercial release of the Company's cloud-based Application General Intelligence™ Platform. Railt

2023-12-07 7:00 AM EST

Railtown AI Technologies Inc. Confirms Proprietary AI Engine Has Achieved Next-Level Milestone of Producing Application General Intelligence(TM)

Vancouver, British Columbia--(Newsfile Corp. - December 6, 2023) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown AI'', "Railtown" or the "Company") is pleased to confirm the Company's internally built Machine Learning Engine has achieved the distinctive milestone of Application General Intelligence™, which represents holistic understanding of the specific software applications connected to the Railtown A

2023-12-06 7:00 AM EST

Railtown AI Technologies Inc. Launches Knowledge-based AI Assistant and Files Provisional Patent Application Relating to AI Training

Burnaby, British Columbia--(Newsfile Corp. - September 20, 2023) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown AI'' or the "Company") is pleased to announce the launch of its knowledge-based AI Assistant. The Railtown AI Assistant joins the Company's previously released AI Copilot solutions, the Root Cause Analysis Copilot and the Release Notes Copilot thus expanding the company's suite of AI services and solutions. The AI Assistant is a knowledge-based Targeted Language Model (TLM)...

2023-09-20 8:00 AM EDT

Railtown AI's Commercial AI Solutions Achieve Microsoft Co-Sell Ready Status

Burnaby, British Columbia--(Newsfile Corp. - July 5, 2023) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown AI'' or the "Company") is pleased to announce that it has achieved global go-to-market co-selling status with Microsoft Corp., accelerating the adoption of the Company's AI-powered Co-Pilot products for software developers. Four months after the commercial launch of Railtown AI's proprietary AI products on March 20, 2023 (available on the Company's website at...

2023-07-05 7:00 AM EDT

Railtown AI Technologies Inc. Announces Closing of Life Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2023) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce that the Company has closed its previously-disclosed non-brokered private placement (the "Offering") of units of the Company (each, a "Unit"). The Offering consisted of 13,766,332 Units at a price of $0.15 per Unit for aggregate gross proceeds of $2,064,950, of which 11,043,332 Units were issued in a first tranche closing on June 21,...

2023-06-27 6:59 PM EDT

Railtown Technologies Inc. annonce l'augmentation d'un placement privé LIFE sans intermédiaire

Vancouver, British Columbia--(Newsfile Corp. - 19 juin 2023) - Railtown AI Technologies Inc. (CSE: RAIL) (« Railtown » ou la « Société ») a le plaisir d'annoncer qu'en raison de la demande des investisseurs, la Société augmente de 10 000 000 à 13 333 333 son nombre maximum d'unités (chacune, une « Unité ») pouvant être émises dans le cadre de son placement privé sans intermédiaire précédemment divulgué, pour un produit brut total pouvant atteindre 2 000 000 $ (l'« Offre »). Le prix d'émission...

2023-06-19 5:31 PM EDT

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