BIGG Digital Assets Inc. Closes Upsized Brokered LIFE Financing for Gross Proceeds of C$8 Million
VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins, Blockchain Intelligence Group, and TerraZero is pleased to announce the closing of its previously announced commercially reasonable efforts upsized private placement (the “Offering”). Under the Offering, the Company sold 33,333,333 units of the Company (the “Units”) at a price of C$0.24 per Unit for gross proceeds of C$8,000,000. A.G.P. Canada Investments ULC (“A.G.P. Canada”) acted as sole agent and bookrunner under the Offering.
- Under the Offering, the Company sold 33,333,333 units of the Company (the “Units”) at a price of C$0.24 per Unit for gross proceeds of C$8,000,000.
- A.G.P.
- Each Unit consists of one common share of the Company (a “Share”) and one Share purchase warrant (a “Warrant”).
- The Units were sold pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the “LIFE Exemption”).