Global Gaming Technologies Corp. (BLKCF)

[Monksdream]

Let's have a look at the final paragraph that discusses the terms of the deal.

Terms & Closing Conditions
49.9% of the issued and outstanding shares of Coinstream will be acquired by Global Blockchain Mining Corp. in exchange for 3.8 million common shares of Global Blockchain.
The agreement remains subject to various conditions precedent including that Global Blockchain raise not less than US$30,000,000 at which point they would make a commitment to fund US$10,000,000.
Closing of the transaction remains subject to all requisite approvals including TSX Venture Exchange approval.
For more information on the streaming partnerships available through Global Blockchain Mining Corp., please contact [e-mail].
For more information about Global Blockchain Technologies Corp., please contact [e-mail].
About Global Blockchain Technologies Corp.
Global Blockchain Technologies Corp. is an investment company providing investors access to a basket of holdings within the blockchain space, managed by a team of industry pioneers and early adopters of all major cryptocurrencies. GBT is focused on streamlining the current arduous, lengthy and complicated process that interested investors need to undergo in order to gain exposure to the cryptocurrency space with a view to becoming the first vertically integrated originator and manager of top-tier blockchains and digital currencies. GBT is listed on the TSX Venture Exchange and its common shares trade under the ticker symbol 'BLOC.' Other information relating to GBT is available on SEDAR at www.sedar.com as well as on the Company's website atwww.globalblockchain.io.
On behalf of:
GLOBAL BLOCKCHAIN TECHNOLOGIES CORP.
Shidan Gouran
President

So BLKCF has elected to pay out 3.8M of its shares, instead of cash or a combination of cash and stock, to acquire a 49.9% interest in this private company.

Notice the amount of money BLKCF must raise to keep the deal going -- $30M.

Quite a sum.