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BlockchainK2 Corp
Symbol BITK
Shares Issued 16,780,962
Close 2023-06-16 C$ 0.07
Market Cap C$ 1,174,667
Recent Sedar Documents

BlockchainK2 arranges $250,000 private placement

2023-06-16 16:47 ET - News Release

Subject: No Subject! PDF Document File: Attachment 230616 NR PP.pdf BLOCKCHAINK2 CORP. June 16, 2023 TSX.V Symbol: BITK BLOCKCHAINK2 ANNOUNCES PROPOSED PRIVATE PLACEMENT OFFERING Vancouver, BC/ June 16, 2023 BlockchainK2 Corp. (TSX-V: BITK) (the "Company") announces that the Company plans to offer, on a private placement basis, up to 5,000,000 common shares at a price $0.05 per share for total proceeds of up to $250,000 (the "Offering"). All securities issued in connection with the Offering will be subject to a four-month statutory hold period. The Company may pay a finder's fee may in cash and or share purchase warrants in accordance with the rules of the TSX Venture Exchange. The proceeds of the Offering will be used to settle outstanding indebtedness and for general working capital purposes. Closing of the proposed Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the TSX Venture Exchange. BlockchainK2 Corp. Sergei Stetsenko CEO Phone: +380673522641 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-looking Information Cautionary Statement Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSX- V. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward- looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedar.com.

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