DigitalTown Negotiates $10 Million Funding Commitment with Auctus

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DigitalTown, Inc. (OTC.BB: DGTW), the leading developer of a nationwide social media network of more than 27,000 local online communities for high school students, alumni, boosters and local citizens, announced today that it has signed a $10.0 million draw-down equity financing agreement with Auctus Private Equity Fund, LLC, a Boston-based institutional investor.”

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