AINewsBreaks – Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) to Acquire AI Partnerships Corp., Advancing Vision for Canada’s First AI Affiliate Marketplace
Railtown AI Technologies (CSE: RAIL) (OTCQB: RLAIF), a leader in Canadian-built artificial intelligence solutions, announced that it has entered into an amalgamation agreement to acquire all issued and outstanding shares of AI Partnerships Corp. (AIP) through a three-cornered amalgamation, making AIP a wholly owned subsidiary of Railtown. The transaction involves the issuance of 40 million shares at a deemed price of $0.50 per share, plus 10 million performance shares tied to recurring revenue milestones. The acquisition supports Railtown’s goal of developing a first-of-its-kind AI affiliate marketplace designed to connect Canada’s AI ecosystem to secure, sovereign computing infrastructure. Following the transaction,…