StreetInsider.com News Articles

Railtown AI appoints Saeed Otufat-Shamsi to advisory board

Mon, 04 May 2026 08:03:36 -0400

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) announced the appointment of Saeed Otufat-Shamsi to its advisory board. The Vancouver-based AI developer tools company stated the addition strengthens its leadership in artificial intelligence and enterprise transformation.

Otufat-Shamsi brings over 25 years of experience in software engineering, enterprise transformation and artificial intelligence. He holds a bachelor's degree in software engineering and an MBA in technology management.

Previously, Otufat-Shamsi served as CEO and co-founder of NovoTech Software, a Vancouver AI company focused on expert-system intelligence for geotechnical engineering. The company developed predictive analytics solutions for civil engineering, mining and infrastructure clients before being acquired

Railtown AI Technologies Announces Appointment of Industry Leader Saeed Otufat-Shamsi to Advisory Board

Mon, 04 May 2026 08:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a Canadian-based AI developer tools and agentic orchestration company, announces the appointment of Saeed Otufat-Shamsi to its Advisory Board, further strengthening the Company's leadership in artificial intelligence, enterprise transformation, and AI infrastructure development.

Saeed Otufat-Shamsi is a visionary technology executive with more than 25 years of experience at the intersection of software engineering, enterprise transformation, and artificial intelligence. Holding a B.Sc. in Software Engineering and an MBA in Technology Management, Saeed has built his career on turning bold technical ideas

Railtown AI Technologies Announces Appointment of Industry Leader Saeed Otufat-Shamsi to Advisory Board

Mon, 04 May 2026 08:00:00 -0400

Railtown AI adds three advisors and corporate development director

Wed, 04 Mar 2026 17:04:13 -0400

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) appointed three Canadian business leaders to its advisory board and named a new director of corporate development, according to a company statement.

The Vancouver-based AI developer tools company added Pat Horgan, Michael Nobrega, and John Ruffolo to its advisory board. These appointments join Mike Lazaridis, co-founder of Research in Motion, who was previously announced as an advisor.

Horgan retired in 2017 as Chief Operating Officer of IBM Canada after spending his career at the technology company. During his tenure, he oversaw AI and high-performance computing initiatives with the Government of Ontario and Federal government.

Nobrega

Railtown AI Strengthens Advisory Board and Executive Team, Advancing a Sovereign Canadian AI Ecosystem

Wed, 04 Mar 2026 17:02:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a Canadian-based AI developer tools and agentic orchestration company, announces the appointment of three highly respected Canadian business leaders to the Company's Advisory Board: Pat Horgan, Michael Nobrega, and John Ruffolo. These individuals join Mike Lazaridis, co-founder of Research in Motion (BlackBerry), whose addition to Railtown's Advisory Board was previously announced.

The appointments significantly strengthen Railtown's enterprise, institutional, and capital markets expertise as the Company attempts to accelerate the commercialization of its AI developer platform and agent-based orchestration technologies.

Advisory Board

Railtown AI Strengthens Advisory Board and Executive Team, Advancing a Sovereign Canadian AI Ecosystem

Wed, 04 Mar 2026 17:02:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a Canadian-based AI developer tools and agentic orchestration company, announces the appointment of three highly respected Canadian business leaders to the Company's Advisory Board: Pat Horgan, Michael Nobrega, and John Ruffolo. These individuals join Mike Lazaridis, co-founder of Research in Motion (BlackBerry), whose addition to Railtown's Advisory Board was previously announced.
The appointments significantly strengthen Railtown's enterprise, institutional, and capital markets expertise as the Company attempts to accelerate the commercialization of its AI developer platform and agent-based orchestration technologies.
Advisory Board

Railtown AI raises $3.4M in private placement funding

Fri, 27 Feb 2026 20:02:14 -0400

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) completed a $3.4 million private placement offering, the company announced in a statement.

The Vancouver-based company sold 11,333,334 units at $0.30 per unit. Each unit includes one common share and half of a common share purchase warrant. The warrants allow holders to buy additional shares at $0.45 per share within 18 months.

The company paid $160,000 in cash commissions to finders, representing 8% of gross proceeds from purchasers they introduced. Railtown also issued 533,333 finder's warrants, each allowing the purchase of one share at $0.30 within 18 months.

Securities issued in the offering are subject

Railtown AI Technologies Inc. Announces Closing of $3.4M Fully Subscribed Non-Brokered Private Placement

Fri, 27 Feb 2026 20:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce that the Company has closed its previously-disclosed, fully subscribed non-brokered private placement (the "Offering") of units of the Company (each, a "Unit") at a price of $0.30 per Unit for aggregate gross proceeds of $3,400,000. Each of the 11,333,334 Units consists of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to

Railtown AI Technologies Inc. Announces Closing of $3.4M Fully Subscribed Non-Brokered Private Placement

Fri, 27 Feb 2026 20:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce that the Company has closed its previously-disclosed, fully subscribed non-brokered private placement (the "Offering") of units of the Company (each, a "Unit") at a price of $0.30 per Unit for aggregate gross proceeds of $3,400,000. Each of the 11,333,334 Units consists of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to

Railtown AI Technologies Inc. Clarifies Certain Disclosure

Fri, 27 Feb 2026 17:47:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is issuing the following news release to clarify its disclosure pursuant to a recent review of the Company's continuous disclosure record by the British Columbia Securities Commission (the "BCSC").
October 8, 2025 News Release
In this news release, Railtown announced that it had entered into a memorandum of understanding ("MOU") with Uniserve Communications Corporation (TSXV: USS) ("Uniserve") regarding a strategic partnership. The Company would like to clarify that the MOU is non-binding, is for a term of 12 months beginning on

Railtown AI Technologies Inc. Clarifies Certain Disclosure

Fri, 27 Feb 2026 17:47:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is issuing the following news release to clarify its disclosure pursuant to a recent review of the Company's continuous disclosure record by the British Columbia Securities Commission (the "BCSC").
October 8, 2025 News Release
In this news release, Railtown announced that it had entered into a memorandum of understanding ("MOU") with Uniserve Communications Corporation (TSXV: USS) ("Uniserve") regarding a strategic partnership. The Company would like to clarify that the MOU is non-binding, is for a term of 12 months beginning on

Railtown AI Technologies Launches Railengine, a Real-Time Event-Based Ingestion Engine to Power Next-Generation AI Agents

Mon, 26 Jan 2026 13:31:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown", "Railtown AI", or the "Company") a leader in AI developer tools and agentic frameworks, is pleased to announce the launch of Railengine, its real-time, event-based ingestion engine, a core component of the Company's end-to-end AI agent development platform (the "Platform"). Railengine allows AI agents to ingest and act on streaming data in real time, advancing beyond traditional batch processing to deliver richer, context-aware insights and responses across complex enterprise environments. Combined with Railtown's Railtracks Agent Development Kit (ADK) and Conductr agent observability

Railtown AI Technologies Launches Railengine, a Real-Time Event-Based Ingestion Engine to Power Next-Generation AI Agents

Mon, 26 Jan 2026 13:31:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown", "Railtown AI", or the "Company") a leader in AI developer tools and agentic frameworks, is pleased to announce the launch of Railengine, its real-time, event-based ingestion engine, a core component of the Company's end-to-end AI agent development platform (the "Platform"). Railengine allows AI agents to ingest and act on streaming data in real time, advancing beyond traditional batch processing to deliver richer, context-aware insights and responses across complex enterprise environments. Combined with Railtown's Railtracks Agent Development Kit (ADK) and Conductr agent observability

Railtown AI Technologies Announces Closing of the Amalgamation with AI Partnerships Corp.

Thu, 27 Nov 2025 15:39:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a leader in Canadian-built artificial intelligence (AI) solutions, is pleased to announce the closing of its previously announced proposed amalgamation transaction with AI Partnerships Corp. ("AIP") on November 26, 2025 (the "Transaction").
The Transaction closed pursuant to an amalgamation agreement (as amended) entered into among the Company, a wholly owned subsidiary of the Company ("SubCo") and AIP, as previously announced on October 8, 2025 (the "Amalgamation Agreement").
Under the terms of the Transaction, Railtown acquired all of the outstanding shares

Railtown AI Technologies Announces Closing of the Amalgamation with AI Partnerships Corp.

Thu, 27 Nov 2025 15:39:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a leader in Canadian-built artificial intelligence (AI) solutions, is pleased to announce the closing of its previously announced proposed amalgamation transaction with AI Partnerships Corp. ("AIP") on November 26, 2025 (the "Transaction").
The Transaction closed pursuant to an amalgamation agreement (as amended) entered into among the Company, a wholly owned subsidiary of the Company ("SubCo") and AIP, as previously announced on October 8, 2025 (the "Amalgamation Agreement").
Under the terms of the Transaction, Railtown acquired all of the outstanding shares

Railtown AI Technologies Announces Intention to Complete the Amalgamation with AI Partnerships Corp.

Thu, 06 Nov 2025 23:42:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a leader in Canadian-built artificial intelligence (AI) solutions, is pleased to announce that it intends to complete its previously announced proposed amalgamation transaction with AI Partnerships Corp. ("AIP") on November 14, 2025 (the "Transaction").
The Transaction will close pursuant to an amalgamation agreement (as amended) entered into among the Company, a wholly owned subsidiary of the Company ("SubCo") and AIP, as previously announced on October 8, 2025 (the "Amalgamation Agreement").
Under the terms of the Transaction, Railtown will acquire all

Railtown AI Technologies Announces Intention to Complete the Amalgamation with AI Partnerships Corp.

Thu, 06 Nov 2025 23:42:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a leader in Canadian-built artificial intelligence (AI) solutions, is pleased to announce that it intends to complete its previously announced proposed amalgamation transaction with AI Partnerships Corp. ("AIP") on November 14, 2025 (the "Transaction").
The Transaction will close pursuant to an amalgamation agreement (as amended) entered into among the Company, a wholly owned subsidiary of the Company ("SubCo") and AIP, as previously announced on October 8, 2025 (the "Amalgamation Agreement").
Under the terms of the Transaction, Railtown will acquire all

Railtown AI Collaborates with TELUS Sovereign AI Factory to Accelerate Agentic Development for Canadian Software Affiliates

Tue, 04 Nov 2025 08:00:00 -0400

Railtown AI to develop agentic software solutions on TELUS Sovereign AI Infrastructure - keeping Canadian innovation within Canadian borders.
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown", "Railtown AI", or the "Company") and TELUS today announced that Vancouver-based Railtown will deploy advanced agentic software development solutions through TELUS' Sovereign AI Factory. Leveraging TELUS' high-performance, fully sovereign infrastructure, Railtown AI will deliver cutting-edge AI-powered development tools to Canadian software teams while keeping code, data and intellectual property securely on Canadian soil under Canadian control.
The collaboration also extends to provide sovereign AI access

Railtown AI Collaborates with TELUS Sovereign AI Factory to Accelerate Agentic Development for Canadian Software Affiliates

Tue, 04 Nov 2025 08:00:00 -0400

Railtown AI to develop agentic software solutions on TELUS Sovereign AI Infrastructure - keeping Canadian innovation within Canadian borders.
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown", "Railtown AI", or the "Company") and TELUS today announced that Vancouver-based Railtown will deploy advanced agentic software development solutions through TELUS' Sovereign AI Factory. Leveraging TELUS' high-performance, fully sovereign infrastructure, Railtown AI will deliver cutting-edge AI-powered development tools to Canadian software teams while keeping code, data and intellectual property securely on Canadian soil under Canadian control.
The collaboration also extends to provide sovereign AI access

Railtown AI Collaborates with TELUS Sovereign AI Factory to Accelerate Agentic Development for Canadian Software Affiliates

Tue, 04 Nov 2025 08:00:00 -0400

Railtown AI to develop agentic software solutions on TELUS Sovereign AI Infrastructure - keeping Canadian innovation within Canadian borders.
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown", "Railtown AI", or the "Company") and TELUS today announced that Vancouver-based Railtown will deploy advanced agentic software development solutions through TELUS' Sovereign AI Factory. Leveraging TELUS' high-performance, fully sovereign infrastructure, Railtown AI will deliver cutting-edge AI-powered development tools to Canadian software teams while keeping code, data and intellectual property securely on Canadian soil under Canadian control.
The collaboration also extends to provide sovereign AI access

Railtown AI Collaborates with TELUS Sovereign AI Factory to Accelerate Agentic Development for Canadian Software Affiliates

Tue, 04 Nov 2025 08:00:00 -0400

Railtown AI to develop agentic software solutions on TELUS Sovereign AI Infrastructure - keeping Canadian innovation within Canadian borders.
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown", "Railtown AI", or the "Company") and TELUS today announced that Vancouver-based Railtown will deploy advanced agentic software development solutions through TELUS' Sovereign AI Factory. Leveraging TELUS' high-performance, fully sovereign infrastructure, Railtown AI will deliver cutting-edge AI-powered development tools to Canadian software teams while keeping code, data and intellectual property securely on Canadian soil under Canadian control.
The collaboration also extends to provide sovereign AI access

Railtown AI partners with Uniserve to deliver AI tools to SMEs

Wed, 08 Oct 2025 14:32:14 -0400

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) announced a memorandum of understanding with Uniserve Communications Corporation (TSXV: USS) to expand AI solutions for small and medium-sized enterprises.

The partnership provides Railtown access to Uniserve's network of approximately 3,000 SME customers. Uniserve operates managed IT, cloud, and data center services and has served over 10,000 businesses during its 30-year history.

Under the agreement, Railtown's AI Agentic Frameworks and Observability tools will be integrated with Uniserve's infrastructure, which includes data center solutions, internet service provider services, and managed IT services. Uniserve plans to increase its GPU compute capacity to support customer adoption of

Railtown AI Technologies Announces Strategic Partnership with Uniserve Communications to Expand AI Solutions for SMEs

Wed, 08 Oct 2025 14:30:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a leader in AI Agentic Frameworks and Observability tools, is thrilled to announce a Memorandum of Understanding (MOU) with Uniserve Communications Corporation (TSXV: USS) ("Uniserve"), a provider of managed IT, cloud, and data centre services with a 30-year operating history and over 10,000 businesses served. This strategic partnership positions Railtown to deliver its cutting-edge AI solutions to Uniserve's extensive network of approximately 3,000 small and medium-sized enterprise (SME) customers, significantly expanding Railtown's market reach and impact.
Partnership Overview
The collaboration integrates

Railtown AI Technologies Announces Strategic Partnership with Uniserve Communications to Expand AI Solutions for SMEs

Wed, 08 Oct 2025 14:30:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a leader in AI Agentic Frameworks and Observability tools, is thrilled to announce a Memorandum of Understanding (MOU) with Uniserve Communications Corporation (TSXV: USS) ("Uniserve"), a provider of managed IT, cloud, and data centre services with a 30-year operating history and over 10,000 businesses served. This strategic partnership positions Railtown to deliver its cutting-edge AI solutions to Uniserve's extensive network of approximately 3,000 small and medium-sized enterprise (SME) customers, significantly expanding Railtown's market reach and impact.
Partnership Overview
The collaboration integrates

Railtown AI Technologies Executes Amalgamation Agreement with AI Partnerships Corp. and Announces MOU with DIGITAL

Wed, 08 Oct 2025 07:45:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company"), a leader in Canadian-built artificial intelligence (AI) solutions, is pleased to announce that, further to its previously announced memorandum of understanding with AI Partnerships Corp. ("AIP"), it has entered into an amalgamation agreement with AIP (the "Amalgamation Agreement"), pursuant to which Railtown will acquire all of the issued and outstanding shares of AIP in exchange for common shares of Railtown by way of a three-cornered amalgamation (the "Transaction") and AIP will become a wholly-owned subsidiary of Railtown. This milestone