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Vancouver, British Columbia--(Newsfile Corp. - July 15, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("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") at a price of US$0.21 per Unit for aggregate gross proceeds of US$1,470,000. Each of the 7,000,000 Units consists of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to acquire one additional Share at an exercise price of US$0.42 per Share for a period of 18 months.
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is issuing this news release at the request of OTC Markets Group Inc. in order to comment on recent promotional activity regarding the Company. Further to the Company's news release dated December 19, 2023, Railtown has engaged a trio of third-party providers to render consulting and other services to the Company.
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that Research Capital Corporation ("Research Capital") has initiated equity research coverage of Railtown with a "Speculative Buy" rating and a target price. The report, authored by Venkata Velagapudi, CFA, is entitled "Railtown AI Technologies: Advanced AI for Efficient Software Development", and is posted on their corporate website at www.researchcapital.com and can be accessed by users upon registration, or by contacting Mr.
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce the launch of Conductor Version 2.0, an advanced AI platform that is transforming how companies build and manage their software applications. Conductor Version 2.0 is designed to drive new insights by seamlessly aggregating and analyzing diverse application data.
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce a strategic partnership with Mila - Quebec Artificial Intelligence Institute. Under the partnership agreement, Railtown will be able to forge links with Mila's research community and explore ways to help further develop the company's AI capabilities.
CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a pure-play manufacturer of high-quality railcars with a legacy of 120+ years, proudly announces the production of its 10,000th railcar at its purpose-built state-of-the-art manufacturing facility in Castaños, Mexico. This significant achievement marks a major milestone in the Company's completed manufacturing transformation and highlights its unwavering commitment to excellence in pursuit of delivering world-class operations.
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce a strategic partnership with the Mila-Quebec AI Institute ("Mila"), providing the Company with expansive access to AI Engineering talent and non-dilutive funding. This partnership grants Railtown privileges such as recruitment, training, and access to Mila workspaces, as well as privileged and funded access for conducting applied research projects with Mila, in addition to corporate visibility across Mila's website and marketing materials, Mila's research, events, conferences, and business opportunities related to Mila startups.
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") announces that it proposes to raise up to US$1,470,000 through a non-brokered private placement. The placement will consist of up to 7,000,000 units at a price of US$0.21 per unit.
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("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") at a price of US$0.12 per Unit for aggregate gross proceeds of US$633,780. Each of the 5,281,503 Units consists of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to acquire one additional Share at an exercise price of US$0.24 per Share for a period of 18 months.
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 acknowledged leader in the mid-market space and we couldn't have a better partner as we continue to grow our business.