Bluesky Digital Assets (OTCMKTS:BTCWF) Stock Jumps After Private Placement

May 30, 2023May 30, 2023 Ash K $Bluesky Digital Assets (OTCMKTS:BTCWF), $BTCWF, $BTCWF news, $BTCWF stock, $OTCMKTS:BTCWF

On April 11, 2023 Bluesky Digital Assets Corp (OTCMKTS:BTCWF) had announced a non-brokered private placement of a maximum of 147,500,00 units in the company for the price of C$0.045 a unit to generate gross proceeds of C$663,750.

Trading Data

On Friday, BTCWF stock gained 4.29% to $0.0365 with more than 151.58K shares, compared to volume of 571.10K shares. The stock moved within a range of $0.0350 – 0.0373 after opening trade at $0.0359.

Bluesky Digital Assets Corp. Closes Second and Final Tranche of Non-Brokered Private Placement

Yesterday the company announced that it had been successful in closing the second tranche of the LIFE offering. The company closed the second tranche of the LIFE offering on May 26, 2023 by issuing a total of 12,790,000 units for the price of C$0.045 a unit to generate gross proceeds to the tune of C$575,550. It was on April 28 that the company had been successful in closing the first tranche of the LIFE offering after it issued 1,960,000 units for the price of $0.045 each to generate gross proceeds of C$88,200.

The company announced that the first and second tranches combined involved 1475000 units and the aggregate gross proceeds had been C$663750. Each unit was made up of one common share in Bluesky Digital Assets Corp and a common share purchase warrant. The holder of a warrant would be entitled to pick up an additional share in the company for the price of $0.065.