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BlockchainK2 Corp
Symbol BITK
Shares Issued 16,780,962
Close 2023-07-07 C$ 0.10
Market Cap C$ 1,678,096
Recent Sedar Documents

BlockchainK2 closes $250,000 private placement

2023-07-10 13:14 ET - News Release

Subject: BlockchainK2 Corp. - News Release Word Document File: '\\swfile\EmailIn\20230710 100813 Attachment 230710 NR Close $0.055 Share PP.v2.docx' BLOCKCHAINK2 CORP. July 10, 2023 TSX.V Symbol: BITK BLOCKCHAINK2 ANNOUNCES CLOSING OF PRIVATE PLACEMENT OFFERING Vancouver, BC/ July 10, 2023 BlockchainK2 Corp. (TSX-V: BITK) (the "Company") is pleased to announce that it has closed its non-brokered private placement offering of 4,545,452 common shares of the Company ("Common Shares") at a price of $0.055 per Common Share for aggregate gross proceeds of $250,000 (the "Offering"). All Common Shares issued pursuant to the Offering are subject to a four-month statutory hold period. The net proceeds of the Offering will be used to settle outstanding indebtedness and for general working capital purposes. BlockchainK2 Corp. Sergei Stetsenko CEO and Director 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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