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Earnings Flash (SATO.V) SATO Technologies Corp. Reports Q1 Revenue C$1.351M, Down 54%; Net Loss of $1,267,311
SalesCloser Secures AI Sales Platform Deal With Latin America Unit of Global Life Insurer
SalesCloser (SCAI), an autonomous AI sales technology provider, after trade Friday said it has been hired by the Latin American division of a key global insurance and financial services firm.The firm began using SalesCloser's AI-powered conversational platform on May 5, according to Friday's statement. "This engagement is a meaningful step for SalesCloser, demonstrating our platform's applicability across customer-facing use cases beyond traditional sales, including lead qualification, customer onboarding, and inbound service," Chief Executive Ali Tajskandar said.Its shares rose $0.02 or 2.5% to $0.83 today.
Silver Spruce Resources Closes Final Tranche Of Private Placement, Raises Total C$862,284
Silver Spruce Resources (SSE.V) after the close Friday said it has closed the second and final tranche of its previously announced non-brokered private placement.The second tranche involved issuing 615,168 units at a price of C$0.20 each for total proceeds of $123,033.60. Each Unit was composed of one common share and one share purchase warrant. Each warrant entitles the holder thereof to purchase one share at an exercise price of $0.30 per warrant share for a period of four years from the date of issuance, the company noted.The company earlier closed an initial tranche of the offering on April 1, 2026, which consisted of the issuance of near 3.70-million units for proceeds of $739,250. Together with tranche 2, the offering now consisted of the total issuance of 4.31-million units for total of $862,283.60.Silver Spruce said it expects to use the proceeds for exploration of its mineral projects and general working capital purposes.Shares of the company closed down $0.005 at $0.135 on TSX Venture Exchange.