MCX Technologies (TSX.V: MCX) today announced that it intends to complete a non-brokered private placement offering to raise gross proceeds up to US$2.5 million. According to the update, the offering will consist of issuing up to 20,000,000 common shares of the company, each at a price of US$0.10. MCX plans to use the proceeds for general working capital as the company transitions into developing Web 3.0 technologies and applications. Common shares issued under the offering are subject to customary hold periods and have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Accordingly, the common shares will be offered and sold in the United States only to accredited investors and outside of the U.S. to non-U.S. persons in compliance with Regulation S.

To view the full press release, visit https://ccw.fm/HTl2H

About MCX Technologies Corporation

MCX Technologies is a Web 3.0 innovation company focused on powering technologies for the metaverse and physical worlds. For more information about the company, visit www.MCXTechnologies.io.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit https://www.CryptoCurrencyWire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork