XTM Inc. (CNSX:PAID) will look for acquisitions. The company announced that on September 29, 2021 it closed a non-brokered private placement offering of 21,398,256 units of the Company at a price of $0.40 per Unit, for gross proceeds of $8,559,302.40. XTM anticipates that the net proceeds of the Offering will be used for general working capital purposes and future strategic acquisitions.