Blockmate Ventures raises $1.4 million in strategic investment round, aims to lead in blockchain innovation.

From GlobeNewswire: 2024-12-23 17:50:47

Blockmate Ventures Inc. has successfully closed a strategic investment round led by Antanas Guoga (Tony G), raising $1.4 million. This funding will support the company’s goal of becoming a leader in blockchain innovation. The offering involved issuing 14,000,000 units at $0.10 per unit, with additional common share purchase warrants. Securities issued are subject to resale restrictions until April 24, 2025. Incentive grants of stock options, restricted share units, and deferred share units have also been awarded in accordance with the company’s incentive plan. Director Domenic Carosa has acquired 5,000,000 options and DSUs for investment purposes.

The company, Blockmate Ventures Inc., focuses on creating technology businesses in blockchain and renewable energy sectors. With a strong leadership team, they have launched successful projects like Hivello and Sunified. Investors can subscribe to updates and research from Blockmate by joining their mailing list. Justin Rosenberg, CEO of Blockmate, invites interested individuals to learn more on their website. The TSX Venture Exchange does not endorse the content of this release, which contains forward-looking statements.



Read more at GlobeNewswire: Blockmate Ventures Announces Closing of Strategic