Blockchain Foundry Inc. BLFDF

BCFN SP IS A STEAL !!

[bohemian61]

On December 20, 2017, the Company closed the first tranche (“Tranche 1”) of a nonbrokered private placement offering by issuing 11,418,249 common shares at a price of $0.27 per common share (the “Issue Price”) for total aggregate proceeds of approximately $3,100,000. On January 22, 2018, the Company closed the second tranche (“Tranche 2”) of a nonbrokered private placement offering, issuing 7,705,983 common shares at the Issue Price for aggregate proceeds of approximately $2,100,000. On January 22, 2018, the Company issued 4,863,885 common shares and 4,863,885 options to acquire common shares (the "Options") to certain directors, officers and employees of the Company as consideration of services rendered and a bonus. The Company fixed the consideration for the 4,863,885 common shares at $0.27 per common share. Each Option is exercisable for a period of five years from the date of issue at a price of $0.27 per common share.

[bohemian61]

BCF has been engaged by several consulting clients in a variety of industry verticals. The Company expects several of its pre-solution and solution design mandates to become largerscale development and implementation projects after the initial discovery phases have been completed. While the Company still intends to focus on its product development roadmap, consulting opportunities are expected to