BlockchainK2 arranges $1-million private eplacement

Executive Summary

• BlockchainK2 Corp. announced a proposed private placement offering of up to 14,285,714 common shares at $0.07 per share, targeting up to $1 million in gross proceeds.
• Net proceeds will be allocated to general working capital, with closing contingent upon standard corporate and regulatory approvals, including TSX Venture Exchange consent.
• All issued securities will be subject to a four-month statutory hold period, and the company reserves the right to pay finder's fees in cash or warrants per TSXV regulations.

Key Details

• Structure: Private placement offering of common shares
• Quantity: Up to 14,285,714 common shares
• Price: $0.07 per share
• Gross Proceeds: Up to $1,000,000
• Use of Proceeds: General working capital
• Hold Period: Four-month statutory hold period on all issued securities
• Finder's Compensation: May be paid in cash and/or share purchase warrants in accordance with TSX Venture Exchange rules
• Conditions Precedent: Receipt of all necessary corporate and regulatory approvals, including explicit approval from the TSX Venture Exchange
• Disclaimer: Standard forward-looking statement and safe harbor language included