Blok Digital arranges $500,000 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, raising up to $500,000 in gross proceeds.
• The company is concurrently undertaking a separate non-brokered private placement announced on November 13, 2025, for up to 10 million shares at $0.10 per share, raising up to $1,000,000.
• Net proceeds from the current offering are intended to pursue an asset acquisition or business combination to facilitate a return to the TSX Venture Exchange, alongside general corporate and working capital needs.

Key Details

• Current Offering Structure: Non-brokered private placement of up to 3,846,154 common shares.
• Price: $0.13 per share.
• Gross Proceeds: Up to $500,000.
• Listing Status: Currently listed on the NEX board of the TSX Venture Exchange; offering subject to exchange approval.
• Hold Period: Securities are subject to a four-month hold period per applicable securities laws.
• Use of Proceeds: Acquisition of assets or combination with a business to enable return to the TSX Venture Exchange, plus general corporate and working capital purposes.
• Finder’s Fees: The company may pay commissions or finder’s fees to eligible parties, subject to exchange approval and legal compliance.
• Concurrent Offering: A separate non-brokered private placement was announced on November 13, 2025, for up to 10 million common shares at $0.10 per share, with gross proceeds of up to $1,000,000. This concurrent offering is being undertaken simultaneously with the current announcement.