“We are particularly pleased with the strong support from our existing shareholders who have been with us for some time for their endorsement of our current strategy.”

Doug Hastie Syft Technologies CEO

Doug Hastie

BE(Hons), MBA


Managing Director

Syft Technologies has successfully raised $7.5m through the issue of 6,521,740 shares at $1.15 per share through a placement to new and existing shareholders and to existing shareholders through Crowdsphere.

We are particularly pleased with the strong support from our existing shareholders who have been with us for some time for their endorsement of our current strategy. The new funds raised will be used to capitalise on exciting growth opportunities we are seeing, particularly in international markets where we are currently under-resourced to pursue all the very promising leads we have. Following the capital raise SYFT has no debt and $8m cash and cash equivalents for which to fund this expected growth.

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