BlockchainK2 Corp. announced a non-brokered private placement to issue 1,886,793 units at a price CAD 0.265 per Unit for total proceeds of up to CAD 500,000.145 on March 21, 2024. Each Unit is comprised of one common share and one half of one whole common share purchase warrant of the Company.

Each whole warrant is exercisable at a price of CAD 0.40 per share for a two year period from the date of issuance. All securities issued in connection with the Offering will be subject to a four-month statutory hold period. The Company may pay a finder?s fee may in cash and or share purchase warrants in accordance with the rules of the TSX Venture Exchange.

Closing of the proposed Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the TSX Venture Exchange.