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The latest announcement is out from Cryptoblox Technologies ( (TSE:KAS) ).
Dynamite Blockchain Corp., a company listed on the Canadian Securities Exchange, has announced a non-brokered private placement aiming to raise up to $1,000,000. This initiative is structured to issue 10,000,000 units, each priced at $0.10, comprising one common share and one transferable share purchase warrant. The raised capital will be utilized to enhance the company’s focus on Kaspa, including purchasing Kaspa coins, investing in Kaspa mining operations, and developing Kaspa products. The offering is anticipated to close around February 20, 2025, subject to certain conditions, and will support the company’s strategic positioning within the blockchain sector.
More about Cryptoblox Technologies
YTD Price Performance: -30.91%
Average Trading Volume: 38,994
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.74M
For an in-depth examination of KAS stock, go to TipRanks’ Stock Analysis page.
