TechMediaBreaks – Shelfie-Tech Ltd. (CSE: SHLF) (OTCQB: SHLFF) Closes $1.7 Million Private Placement

This article has been disseminated on behalf of Shelfie-Tech Ltd.  and may include paid advertising.

Shelfie-Tech Ltd. (CSE: SHLF) (OTCQB: SHLFF) announced it has closed its non-brokered private placement, raising $1,699,185 through the issuance of 1,179,990 common shares at $1.44 per share. The Company paid $135,934 in finders fees in accordance with applicable securities laws and Canadian Securities Exchange policies. The shares are subject to a four month hold period under Canadian securities laws. Proceeds will support research and development, potential synergetic acquisitions, and working capital.

To view the full press release, visit https://ibn.fm/HRrOh

About ShelfieTech

ShelfieTech is a technology company focused on providing shelf inventory management technological solutions for the retail industry, in particular for large grocery stores and supermarkets.

Using patent-pending technology, ShelfieTech’s technological solution includes a robotic retail shelf monitoring system which uses its self developed proprietary software that utilizes machine learning and image processing algorithms to automatically optimize shelf inventory management.

NOTE TO INVESTORS: The latest news and updates relating to SHLFF are available in the company’s newsroom at https://ibn.fm/SHLFF

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