BLOK Digital Announces Non-Brokered Private Placement

Executive Summary

• BLOK Digital Ltd. announced a non‑brokered private placement of up to 3,846,154 common shares at $0.13 per share, targeting gross proceeds of up to $500,000.
• Net proceeds are intended to fund the acquisition of assets or a combination with another business to facilitate a return to the TSX Venture Exchange, as well as for general corporate and working‑capital purposes.
• The placement is being conducted concurrently with an earlier announced private placement of up to 10 million shares at $0.10 per share for gross proceeds of up to $1 million.

Key Details

• Securities Offered: Up to 3,846,154 common shares of BLOK Digital Ltd.
• Price per Share: $0.13 CAD (non‑brokered).
• Maximum Gross Proceeds: $500,000 CAD.
• Use of Net Proceeds:
• Pursue acquisition of assets or a business combination aimed at re‑listing on the TSX Venture Exchange.
• General corporate and working‑capital purposes.
• Hold Period: Shares will be subject to a four‑month hold period under applicable securities laws.
• Exchange Approval: Placement requires approval from the NEX board of the TSX Venture Exchange.
• Commission/Finders’ Fee: Company may pay a commission or finder's fee to eligible parties, subject to exchange approval and compliance with securities regulations.
• Concurrent Offering: Refers to a previously announced private placement (Nov 13, 2025) of up to 10 million shares at $0.10 per share for gross proceeds up to $1 million, being undertaken simultaneously.
• Contact: Angus Campbell, CEO – Tel: +44 7881 625098; Email: [email protected]

Notable Quotes

(No direct quotes provided in the release.)