Ms. Hanxuan Wu reports
CASCADIA ANNOUNCES PRIVATE PLACEMENT
Cascadia Blockchain Group Corp. intends to undertake a private placement financing to raise gross proceeds of up to $650,000 through issuance of up to 21,666,667 common
shares at a price of three cents per share. The closing shall occur on the date as may be determined by the
company in its sole discretion.
All securities issued in connection with the financing are subject to a statutory hold period expiring four
months and one day after the closing of the financing. Completion of the financing is subject to regulatory
approval.
The company intends to use the proceeds of the financing toward general working capital and to explore
business opportunities.
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