- The9 subscribed for $2,000,000 of transferable, convertible debentures and $2,000,000 of units
- The TSX has granted Skychain approval to issue the final tranche of 1,010,628 units to The9
- Skychain the proceeds from the offering to develop its cryptocurrency hosting facility located in Birtle, Manitoba
- Skychain Technologies is a Vancouver-based company providing Blockchain infrastructure services and power solutions
- Skychain Technologies Inc. (SCT) opened trading at C$0.69 per share
Skychain (SCT) has closed the final portion of the financing transaction with The9 Limited.
The9 subscribed for $2,000,000 of transferable, convertible debentures and $2,000,000 of units.
Skychain received approval to close on the offering to the extent that The9 had no more than a 9.9 per cent interest in the company. The issuance of the remainder of the units was subject to the Exchange approving The9 Limited as an insider of the company. The TSX has granted Skychain approval to issue the final tranche of 1,010,628 units to The9.
The units are subject to a four-month hold period.
Skychain the proceeds from the offering to develop its cryptocurrency hosting facility located in Birtle, Manitoba.
Skychain Technologies is a Vancouver-based company providing Blockchain infrastructure services and power solutions.
Skychain Technologies Inc. (SCT) opened trading at C$0.69 per share.
