Business
BLOK Digital Completes Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - January 12, 2026) - BLOK Digital Ltd. (NEX: BLOK.H) (OTC Pink...
About this update from Blok Digital Ltd.
BLOK Digital Completes Non-Brokered Private PlacementCalgary, Alberta--(Newsfile Corp. - January 12, 2026) - BLOK Digital Ltd. (NEX: BLOK.H) (OTC Pink: BLVDF) (FSE: BD4) (the "Company") is pleased to announce that on January 9, 2026, it completed its previously announced non-brokered private placement for aggregate proceeds of $414,397.10 (the "Private Placement"). In connection with the Private Placement, 3,187,670 common shares of the Company ("Common Shares") were issued at a price of $0.13 per Common Share.The Company intends to use the net proceeds of the Private Placement to pursue the acquisition of assets, combination with a business, and/or development and launch of a business that would enable its return to the TSX Venture Exchange, as well as for general corporate and working capital purposes.The Common Shares issued in connection with the Private Placement are subject to a four-month hold period from the closing of the Private Placement, in accordance with applicable securities laws. Subject to the final review by the NEX board of the TSX Venture Exchange, the Company has agreed to pay a cash finder's fee of $13,799.99 to Haywood Securities Inc. in respect of the aggregate sales to subscribers under the Private Placement that were introduced by Haywood.For further information, please contact:BLOK Digital Ltd.Angus Campbell, CEOTelephone: +44 7881 625098Email: [email protected] press release is not an offer of the Company's securities for sale in the United States. The Company's securities may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and applicable U.S. state securities laws. The Company will not make any public offering of its securities in the United States. The Company's securities have not been and will not be registered under the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful.CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTSCertain information set out in this news release constitutes forward-looking statements or information. Forward-looking statements are often, but not alway...