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Jb528

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Jb528

Re: None

Tuesday, 11/07/2017 6:44:48 PM

Tuesday, November 07, 2017 6:44:48 PM

Post# of 52740
BLKCF - 2.26 News this evening: Global Blockchain Technologies Corp. Announces Bought Deal Private Placement for $30 Million

https://finance.yahoo.com/news/global-blockchain-technologies-corp-announces-230900173.html

"...it has entered into an agreement with Canaccord Genuity Corp., acting as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase 11,800,000 units of the Company (the "Units"), on a "bought deal" private placement basis, at a price per Unit of $2.55 (the "Offering Price"), for total gross proceeds of $30,090,000 (the "Offering").
Each Unit shall consist of one common share of the Company (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $3.50 for a period of 24 months following the Closing Date."
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