Mr. Ben Gelfand reports
BLUESKY DIGITAL ASSETS CORP. SECURES $750,000 CAD CREDIT FACILITY
Bluesky Digital Assets Corp. has closed and has secured a unsecured revolving credit facility from a group of three private lenders for the combined amount of $750,000. The facility bears a cash interest rate of 8 per cent per annum. The facility can be drawn upon in multiple advances. Any funds drawn upon will be used for general working capital purposes while the company advances its research and development and its artificial intelligence endeavours and further advances the corporation's BlueskyIntel platform.
The corporation has also agreed to enter into business development agreements with certain consultants where the corporation has agreed to issue 7.5 million common shares as compensation. Upon the issuance of the common shares, no change of control of the corporation will occur. The consultants have been retained to assist the corporation in sourcing acquisition targets to further advance the corporation's AI business model.
About Bluesky Digital Assets Corp.
Bluesky has created a high-value digital enterprise at the intersection of artificial intelligence, blockchain and Web3 business solutions. Leveraging its success as an early adopter providing proprietary technology solutions, Bluesky has invested in its road map. Bluesky's platform, BlueskyIntel, is well positioned to leverage the current exponential growth of artificial intelligence and blockchain-based technologies through a tightly focus built collaborative platform. This innovative Web platform offering supports and better enables businesses to adopt and utilize these emerging and developing technologies.
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