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XTM Announces Initial Tranche Closing of Previously Announced Non-Brokered Private Placement of Convertible Debentures

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES XTM INC. (CSE:PAID, QB: XTMIF, FSE:7XT)) ("XTM" or the "Company"), is pleased to announce that, further to the press