Graph Blockchain Inc. (CNSX:GBLC) announced a non-brokered private placement of 25,000,000 units at a price of CAD 0.08 per unit for gross proceeds of up to CAD 2,000,000 on January 26, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company at a price of CAD 0.10 per share for a period of 18 months following the date of issuance. The company will issue 15% over allotment option. The transaction is subject to all necessary regulatory approvals. The securities being issued are subject to a four-month and one day hold period in accordance with applicable Canadian securities laws.