Red River Capital Corp. (TSXV:XBT.P) will look for acquisition opportunities. The company and Bitcoin Well have engaged Canaccord Genuity Corp. (the "Agent") to act as agent on a "commercially reasonable efforts" basis in connection with a private placement offering of up to 2,800,000 subscription receipts of Bitcoin Well (the "Subscription Receipts") at a price of $2.50 per Subscription Receipt (the "Offering Price") for aggregate gross proceeds of up to $7,000,000 (the "Offering"). Closing of the Offering is subject to minimum aggregate gross proceeds of $6,234,000. The net proceeds from the Offering are intended to be used to increase the working capital inventory and accelerate global expansion through organically increasing the number of deployed ATMs, along with pursuing highly synergistic asset or corporate acquisition opportunities.