Mr. Garrett Scott reports
DEEPMARKIT ANNOUNCES PRIVATE PLACEMENT
DeepMarkit Corp. has arranged
a non-brokered private placement of up to $300,000. Under the private placement, which is subject to acceptance by the TSX Venture Exchange, DeepMarkit
intends to issue, pursuant to applicable exemptions from prospectus requirements of Canadian securities laws, up to
five million units at a price of six cents per unit. Each unit comprises one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of DeepMarkit at an exercise price of 10 cents for a period of two years from the date of issuance of the units.
The net proceeds from the private placement will be used for general corporate and working capital purposes. Common shares issued pursuant to the private placement will be subject to a four-month hold period required under applicable securities laws.
About DeepMarkit
Corp.
DeepMarkit is a technology company that operates MintCarbon.io, a Web-based platform that facilitates the minting of carbon offsets into NFTs (non-fungible tokens) or other secure tokens. Its common shares are listed on the TSX-V under the symbol MKT, on the OTC (over-the-counter) market in the United States under the symbol MKTDF and on the Frankfurt Stock Exchange under the symbol DEP.
We seek Safe Harbor.
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