Mr. Ben Gelfand reports
BLUESKY DIGITAL ASSETS ANNOUNCES CORPORATE UPDATE
Bluesky Digital Assets Corp. has granted 6.25 million performance warrants to directors and consultants to the corporation. Each warrant entitles the holder of the warrant to purchase one common share of the corporation at an exercise price of 25 cents. The warrants expire 24 months after the date of issuance. No vesting restrictions have been placed on the warrants.
The corporation further announced that it has elected to draw upon the $750,000 revolving credit facility that the corporation announced it had secured through a press release on Jan. 7, 2025. The corporation has elected to borrow $150,000 from the facility on the terms and conditions as stated in a Jan. 7, 2025, press release. Proceeds from the facility will be used for general working capital purposes.
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.
We seek Safe Harbor.
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