New Secret Penny Stock: Bluesky Digital Assets Corp (BTC) (BTCWF)
68New Secret Penny Stock: Bluesky Digital Assets Corp (BTC) (BTCWF) - RICH TV LIVE - December 16, 2020 - Bluesky Digital Assets Corp., (CNSX:BTC.CN) (CNSX:BTC-PR-A.CN) (OTCPink:BTCWF) ("Bluesky" or the "Corporation") announced today that it had closed the second and final tranche of its previously announced non-brokered private placement financing. In total the Corporation raised Eighty-Two Thousand, Two Hundred and Fifty Dollars ("$82,250.00") CDN in the second tranche via the sale of Nine Hundred and Thirteen Thousand, Eight Hundred and Eighty-Eight ("913,888") Units. With the closing of the second tranche, the Corporation in total raised Eight Hundred and Five Thousand, Seven Hundred and Fifty Dollars ("$805,750.00") CDN via the sale of the Eight Million, Nine Hundred and Fifty-Two Thousand, Seven Hundred and Seventy-Eight ("8,952,778") Units.
As previously stated in the Corporation's November 24, 2020 press release, all Units were offered at a price of Nine Cents ("$0.09") CDN per Unit. Each Unit consists of One Common Share (a "Share") in the capital of the Corporation and one Common Share Purchase Warrant ("Warrant"), with each Warrant entitling the holder thereof to purchase one additional Common Share of the Corporation at an exercise price of Fifteen Cents ("$0.15") CDN per Common Share for a period of 36 months from the closing of the financing. All common shares issued in connection with this placement will be subject to a four month plus one day hold period under applicable Canadian securities laws. With the issuance of the 8,952,778 Units from this private placement, the Corporation now has 28,244,732 Common Shares issued and outstanding.
Proceeds from the financing will be used for purchasing of additional Digital Asset Mining Equipment, advancing the company's DeFi Division and projects; (Bluesky DeFi) and further development of our AI product. We will have additional details in the coming weeks and months on all fronts.
"With Bitcoin recently hitting an all time of nearly US$20,000.00 and decentralized finance gaining momentum, we are extremely excited to close on this financing and expand on our digital currency initiative," commented Ben Gelfand, CEO of Bluesky.
Bluesky is pleased to announce that ThreeD Capital Inc., a Canadian venture capital firm that invests in disruptive companies has subscribed for 2,500,000 units in the placement for gross proceeds of $225,000.00. In addition to participating in this private placement, Bluesky is pleased to announce that ThreeD Capital Inc CEO Sheldon Inwentash has agreed to act as a strategic advisor to Bluesky.
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