Blockmate Ventures Inc. announced that it has received CAD 0.903267 million in funding from Carosa Corporation B.V., and other investors

On January 9, 2023, Blockmate Ventures Inc. closed and amended the terms of the transaction. The company issued 1,772,000 units for gross proceeds of CAD 88,600 for its final tranche closing. The company has raised a total of CAD 903,267 in the transaction.

Each warrant can be exercised to purchase an additional common share at a price of CAD 0.075 until January 6, 2026. All the securities issued in the transaction are subject to hold period until May 7, 2023. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.

The transaction included participation from 15 placees.