RE:RE:Great!!! We just lost 50% value in one day. SMH!!5 million shares, 5 cents a share, to raise 250$ thousand.
Tried to put a link and couldn't so I'll copy paste it from Stockwatch.com.
It was announced Friday after the close.
BlockchainK2 arranges $250,000 private placement
2023-06-16 16:47 ET - News Release
Mr. Sergei Stetsenko reports
BLOCKCHAINK2 ANNOUNCES PROPOSED PRIVATE PLACEMENT OFFERING
BlockchainK2 Corp. plans to offer, on a private placement basis, up to five million common shares at a price of five cents per share for total proceeds of up to $250,000.
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 may in cash and/or share purchase warrants, in accordance with the rules of the TSX Venture Exchange.
The proceeds of the offering will be used to settle outstanding indebtedness and for general working capital purposes.
Closing of the proposed offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the TSX Venture Exchange.
We seek Safe Harbor.