February 23, 2021

POSaBIT Announces Strategic Investment to Accelerate Next Phase of Growth

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT) (“POSaBIT” or the “Company”), a leading financial technology company delivering unique payment processing and point-of-sale (POS) systems for cash-only businesses with a focus on the cannabis industry, announces that it has closed a non-brokered private placement (the “Offering”) for gross proceeds of $2 million USD. The Offering consists of approximately 11 million units at a price $0.23 CAD per unit, with each unit co

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