BlockchainK2 (TSE:BITK) has released an update.
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BlockchainK2 Corp. is addressing its $511,071.47 debt by issuing over 1.7 million common shares priced at $0.30 each, with some shares allocated to related parties under specific exemptions. The success of this debt settlement hinges on approval from the TSX Venture Exchange. This strategic financial move aims to streamline the company’s balance sheet and strengthen its financial standing.
For further insights into TSE:BITK stock, check out TipRanks’ Stock Analysis page.
