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Flexwork Properties ( (TSE:BVCI) ) just unveiled an announcement.
Blockchain Venture Capital Inc. has closed its 2025 non-brokered private placement, raising C$470,000 in gross proceeds through the issuance of 1,566,667 common shares at C$0.30 and an equal number of common share purchase warrants exercisable at C$0.35, with funds earmarked for general working capital and repayment or refund of prior accounts payable, including interest on outstanding loans. The company also converted certain outstanding consulting fees into equity, issuing 333,333 common shares at a deemed price of C$0.15 to ZTBY Consulting and Advisory Ltd. and 20,000 shares at the same price to consultant Wenhong Fan, a move that both conserves cash and modestly broadens its shareholder base as it continues to develop its blockchain infrastructure and stablecoin-focused services under Canadian regulatory oversight.
Spark’s Take on TSE:BVCI Stock
According to Spark, TipRanks’ AI Analyst, TSE:BVCI is a Underperform.
Flexwork Properties faces significant financial challenges, with persistent losses, negative cash flows, and high leverage. The technical indicators suggest bearish momentum, and the valuation metrics highlight the company’s unprofitability. Overall, the stock carries high risks with limited appeal for investors.
To see Spark’s full report on TSE:BVCI stock, click here.
More about Flexwork Properties
Blockchain Venture Capital Inc., based in Ontario and registered as a Money Services Business with FINTRAC, provides blockchain-based financial infrastructure. Its offerings include BVC Chain, a proprietary blockchain and distributed-ledger platform; BvcPay, a mobile wallet supporting Bitcoin, Ethereum and its CADT stablecoin; Trillium Coin, an over-the-counter bitcoin trading service; and CADT, a planned Canadian dollar-backed stablecoin intended for payments, settlements, digital-asset issuance and ledger services, subject to required regulatory approvals.
Average Trading Volume: 8,612
Technical Sentiment Signal: Sell
Current Market Cap: C$6.62M
For an in-depth examination of BVCI stock, go to TipRanks’ Overview page.