Saturday, September 6, 2025

DigiMax Closes $5.1 Million Financing, Sees Strong Subscriber Growth For Crypto App

On Friday Evening, DigiMax Global Solutions (CSE: DIGI) announced the closing of its final tranche of its non-brokered private placement. Gross proceeds of $3.0 million were raised within the tranche, bringing total proceeds from the financing to $5.1 million.

Under the terms of the offering, units were sold at a price of $0.35, with each unit containing one common share and one full warrant of the issuer. Each warrant is valid for a period of two years and contains an exercise price of $0.45 per share.

The company also identified that it has seen strong initial success with its CryptoDivine.ai digital currency price trend app. Launched on Thursday, by Friday evening the platform had 561 subscribers out of an initial 3,400 visits to the website. The platform also averages 114 active users each minute of a 24 hour day. The success of the platform thus far follows no marketing effort being made by the company for the platform, with marketing not set to begin until the second week of March.

DigiMax last traded at $0.395 on the CSE.


FULL DISCLOSURE: DigiMax Global Solutions is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover DigiMax Global Solutions on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

Digimax To Launch Trial Of AI Based Crypto Trading Tool In December

Digimax Global Solutions (CSE: DIGI) this morning announced that it will be offering a free...

Friday, November 6, 2020, 07:56:45 AM

DigiMax Provides Progress Update For CryptoDivine

DigiMax Global Solutions (CSE: DIGI) this morning provided an update for its Crypto Price Trend...

Friday, March 5, 2021, 08:38:16 AM

DigiMax To Develop Investment Analytics Service For Issuers And Investors

DigiMax Global Solutions (CSE: DIGI) today announced that it is in the process of developing...

Monday, October 19, 2020, 05:16:41 PM

DigiMax To Acquire 80% Stake In Crypto Hedge Fund

DigiMax Global (CSE: DIGI) has entered into a letter of intent to acquire the rights...

Monday, April 19, 2021, 09:16:14 AM

A New Crypto Trading Tool – The Daily Dive feat Chris Carl of DigiCrypts Blockchain Solutions

For our final show of the week, host Cassandra Leah sits down with Chris Carl,...

Friday, December 11, 2020, 01:00:00 PM