BlockchainK2 Corp. announced a private placement to issue up to 5,000,000 common shares at a price of CAD 0.105 per share for the gross proceeds of CAD 525,000 on January 18, 2024. All securities issued in connection with the offering will be subject to a four-month statutory hold period.

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