TSXV:SEW.H - Post Discussion
Post by
rebob313 on Dec 01, 2017 9:49am
Bockchain and Cryptocurrency
Its a go...
Seaway's $3-million placement is oversubscribed
2017-12-01 06:19 ET - News Release
Mr. Dylan Sidoo reports
SEAWAY PROVIDES UPDATE ON FINANCING AND BUSINESS PLANS
Seaway Energy Services Inc. has provided this update in regard to the company's non-brokered private placement financing of 15 million units to raise $3-million.
The financing was significantly oversubscribed and the company has finalized the placement list and all subscription agreements have been received. The company is making all necessary filings with the regulatory authorities in order to obtain TSX Venture Exchange final acceptance to the financing.
As previously announced the company is focusing on acquisition opportunities related to blockchain and cryptocurrency. "Per the extensive network that I have developed in the entertainment and tech space, I am reviewing a number of business models related to digital ledgers. We will be conducting technical and legal due diligence on the merits of the opportunities identified," said Dylan Sidoo, director.
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