Blockchain Venture Capital Inc. Announces Closing of 2025 Fundraising

Executive Summary

• Blockchain Venture Capital Inc. closed its 2025 non‑brokered private placement, raising C$470,000 in aggregate gross proceeds.
• The placement issued 1,566,667 common shares at C$0.30 each and an equal number of warrants exercisable at C$0.35 per share.
• Outstanding consulting fees were settled by issuing additional common shares (333,333 to ZTBY Consulting & Advisory Ltd. and 20,000 to Ms. Wenhong Fan) at a deemed price of C$0.15 per share.

Key Details

• Total gross proceeds: C$470,000 from arm’s‑length investors.
• Common shares issued in placement: 1,566,667 shares @ C$0.30 per share.
• Warrants issued: 1,566,667 common share purchase warrants, each exercisable at C$0.35 per share.
• Use of net proceeds: General working capital and repayment/refund of prior accounts payable, including accrued interest on outstanding loans.
• Consulting fee settlement – ZTBY Consulting & Advisory Ltd.: C$50,000 settled via issuance of 333,333 common shares @ deemed price C$0.15 per share.
• Consulting fee settlement – Ms. Wenhong Fan: Outstanding fees settled by issuance of 20,000 common shares @ deemed price C$0.15 per share.
• All securities are subject to statutory hold periods and Canadian Securities Exchange acceptance.

Notable Quotes

(No direct quotes were provided in the release.)