Belgravia Hartford Capital, a publicly traded Canadian company, placed a private placement of C$10 million, with all proceeds going towards the purchase of Bitcoin

Foresight News, Canadian-listed company Belgravia Hartford Capital announced a 100% bitcoin reserve directed C$10 million private placement. The company will issue up to 40 million constituent shares in a non-brokered private placement at an issue price of C$0.25 per share for a total value of up to C$10 million. Each constituent stock consists of one common share of the Company and one half of the common share call warrant (each full call warrant, the "Call Warrant"). Each call warrant gives the holder the right to subscribe for one additional common share at an exercise price of C$0.50 per share. The company indicated that all proceeds from the offering will be dedicated to the purchase of Bitcoin.

BTC-0.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)