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BlockchainK2 ( (TSE:BITK) ) has shared an announcement.
BlockchainK2 Corp. announced the closure of a debt settlement involving the issuance of 4,464,286 common shares at $0.07 per share to settle $312,500 of outstanding debt. This transaction includes a related party component, with 857,143 shares issued to related parties, and is subject to TSX Venture Exchange approval. The move is part of the company’s strategy to manage its financial obligations and improve its financial standing.
More about BlockchainK2
BlockchainK2 Corp. operates in the blockchain industry, focusing on developing and providing blockchain-based solutions and services. The company is listed on multiple stock exchanges, including TSX Venture Exchange, OTCQB, and FSE, indicating a broad market focus.
Average Trading Volume: 42,667
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$2.33M
For an in-depth examination of BITK stock, go to TipRanks’ Overview page.