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TORONTO, May 26, 2023 /CNW/ – Blockchain Venture Capital Inc. (the “Company” or “BVCI”) announces that its non-brokered private placement offering previously announced on October 21, 2022, December 16, 2022 and April 21, 2023 (the “Private Placement”) has closed. In the final traches of its Private Placement, the Company issued a total of 492,000 Common Shares (the “Shares”) and 1,080,000 units, each at a price of $1.25, with each unit comprised of one Share and one-half of a warrant, for total gross proceeds of $1,965,000.00. Each warrant issued as part of a unit will be exercisable for one Share at an exercise price of $1.50 for a period of 24 months from the date of issue. The Company issued an aggregate of 2,398,134 Shares and 540,000 warrants under the Private Placement for aggregate gross proceeds of $2,997,667.50.
Blockchain Venture Capital Inc.announces its non-brokered private placement…