Mr. Jeff Carlson reports
METAVISTA3D ANNOUNCES PRIVATE PLACEMENT FINANCING
Metavista3D Inc. intends to complete a non-brokered private placement of up to 1,436,781 common shares in the capital of the company at a price per common share of $1.74 for gross proceeds of $2.5-million. The proceeds raised from the offering will be used by the company for general corporate purposes.
Closing of the offering is subject to acceptance by the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a four-month hold period from the closing date under applicable Canadian securities laws. There are no commissions payable in connection with the offering.
About Metavista3D Inc.
Metavista3D, through its wholly owned subsidiary, psHolix AG, is at the forefront of developing artificial-intelligence-driven, pseudo-holographic display technologies designed to transform the interaction with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3-D experiences.
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 is CA59142H1073, and its German WKN is A3EG0D.
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