22:56:14 EDT Mon 01 Jun 2026
Enter Symbol
or Name
USA
CA



Metaguest.AI Inc
Symbol METG
Shares Issued 70,626,867
Close 2026-05-27 C$ 0.035
Market Cap C$ 2,471,940
Recent Sedar+ Documents

Metaguest.AI closes $122,600 first tranche of financing

2026-06-01 19:53 ET - News Release

Mr. Colin Keddy reports

METAGUEST.AI INC. ANNOUNCES INITIAL CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Metaguest.AI Inc. has completed the initial tranche of its previously announced non-brokered private placement.

Pursuant to the first tranche, the company issued 2,452,000 units at a price of five cents per unit for aggregate gross proceeds of $122,600.

Each unit comprises one common share and three-eighths of one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share at a price of 12 cents per share for a period of 24 months from the date of issuance.

The company intends to complete additional tranches of the offering, subject to market conditions and customary closing conditions.

The net proceeds of the offering are expected to be used for repayment of debt, general working capital, growth initiatives, marketing and general corporate purposes.

All securities issued pursuant to the first tranche are subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws.

A director of the company participated in the first tranche. The insider participation constitutes a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on exemptions from the formal valuation and minority shareholder approval requirements under sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as the fair market value of the insider participation does not exceed 25 per cent of the company's market capitalization.

The offering is being conducted pursuant to available prospectus exemptions in applicable Canadian jurisdictions.

About Metaguest.AI Inc.

Metaguest.AI is a next-generation technology company focused on enhancing the guest experience through advanced AI (artificial intelligence) solutions. Its flagship platform provides an end-to-end guest engagement ecosystem, covering everything from prearrival to postdeparture. Features include on-property e-commerce with digital payments, real-time service requests, mobile checkout, personalized in-room controls, local experience and event bookings, and a multilingual virtual concierge -- all accessible without downloading an app or visiting a website. Hotels, resorts and short-term rental operators use Metaguest to boost efficiency, drive incremental revenue and elevate customer satisfaction.

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