BLOK Digital Completes Non-Brokered Private Placement

Executive Summary

• BLOK Digital Ltd. completed a non‑brokered private placement raising $414,397.10 by issuing 3,187,670 common shares at $0.13 per share.
• Net proceeds are earmarked for potential asset acquisitions, business combinations, a return to the TSX Venture Exchange, and general corporate/working capital purposes.
• A cash finder's fee of $13,799.99 will be paid to Haywood Securities Inc.; the issued shares are subject to a four‑month hold period.

Key Details

• Private placement closed on January 9, 2026 with aggregate proceeds of $414,397.10.
• 3,187,670 common shares issued at a price of $0.13 per share.
• Proceeds will be used to:
• Pursue acquisition of assets or combination with a business,
• Develop and launch a business that could enable a return to the TSX Venture Exchange,
• Fund general corporate and working‑capital needs.
• Shares issued are subject to a four‑month hold period in accordance with securities laws.
• Cash finder's fee of $13,799.99 payable to Haywood Securities Inc. for introducing subscribers.
• The company disclosed forward‑looking statements regarding the use of proceeds and potential return to the TSX Venture Exchange.

Notable Quotes

(No direct quotes were provided in the release.)