Toronto, Ontario--(Newsfile Corp. - July 14, 2026) - Blockmate Ventures Inc. (TSXV: MATE) (OTCQB: MATEF) (FSE: 8MH) ("Blockmate" or the "Company"), a venture builder focused on AI, Bitcoin and digital infrastructure, is pleased to announce the successful closing of its previously announced non-brokered private placement for gross proceeds of $1.0 million (the "Offering"), exceeding the Company's original financing target of $750,000. Approximately 29% of the Offering was subscribed by directors of the Company.
Toronto Investor Roadshow
Following the successful completion of the Offering, Blockmate will undertake a non-deal investor roadshow in Toronto from 22-24 July 2026.
Management expects to meet with existing shareholders, brokers, institutional investors, family offices and strategic partners to discuss the Company's AI, Bitcoin and digital infrastructure strategy, including progress on its Wyoming AI data centre opportunity.
The Toronto meetings follow the Company's recent investor meetings in Vancouver and form part of Blockmate's ongoing commitment to improving shareholder engagement and expanding awareness within the Canadian capital markets.
Domenic Carosa, Chairman of Blockmate, commented:
"The successful completion of the Offering allows us to continue advancing our Wyoming AI data centre opportunity while broadening our engagement with investors and strategic partners. Following a productive week of meetings in Vancouver, we're looking forward to continuing those discussions during our Toronto investor roadshow."
Corporate Presentation
The Company's latest investor presentation is available at:
https://docsend.com/v/b43ft/mate-june-2026
Capital Raising Details
The Offering consisted of 20,000,000 units of the Company (the "Units") at a price of $0.05 per Unit. Each Unit consisted of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder to acquire one additional Common Share of the Company at a price of $0.075 for a period of 24 months from the date of issuance.
The Units were offered pursuant to applicable exemptions from the prospectus requirements in the applicable jurisdictions of Canada, and in jurisdictions outside of Canada, including the United States, as determined by the Company, provided that no prospectus filing, registration or comparable obligation arises in such other jurisdiction. All securities issued pursuant to the Offering are subject to a statutory hold period of four months plus one day from the date of issuance, expiring November 14, 2026, in accordance with applicable securities laws. No finder's fees were paid in connection with the Offering.