Critical Infrastructure arranges C$1M placement in quick re-raise
What's the deal? Critical Infrastructure TechnologiesDealroom has a profile for this one. Try Dealroom → has arranged a non-brokered private placement of up to 12.5 million units at eight cents each, for gross proceeds of up to C$1-million (≈$717,319). Each unit pairs one common share with a 24-month warrant exercisable at 14 cents.
What does the company do? Listed on the Canadian Securities Exchange and operating from Perth, Western Australia, it builds autonomous, rapidly deployable technology for delivering essential services. Its first product, the Nexus 16, targets mobile telecommunications for the mining, emergency services, and defence sectors.
What's the endgame? The company intends to use net proceeds for general working capital and to settle debt. Separately, it plans to settle debts by issuing up to 12.5 million units at a deemed price of eight cents, mirroring the placement terms.
Why now? The raise was announced in August 2026 as Critical Infrastructure moves past research and development into commercialising the Nexus 16, which uses a patented self-deploying platform designed to support LTE and payloads such as surveillance and anti-drone systems.
The signal: This is a quick re-raise, a small top-up to fund working capital and clean up the balance sheet as an early-stage hardware company pushes its first product to market.
Read more: Stockwatch
Image credit: Generated with Gemini