BlockchainK2 plans private placement to raise up to $130,000

BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) announced a proposed private placement offering of up to 1,857,143 common shares at $0.07 per share, seeking to raise up to $130,000, according to a press release from the Vancouver-based company.

The company said it has elected not to proceed with a previously announced private placement from February 26, 2026, replacing it with the current offering.

Proceeds from the offering will be used for general working capital purposes. All securities issued will be subject to a four-month statutory hold period.

The company may pay a finder's fee in cash or share purchase warrants in accordance with TSX Venture Exchange rules. Closing of the offering is subject to conditions including receipt of all necessary corporate and regulatory approvals, including approval from the TSX Venture Exchange.

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