• Skychain issued 2,757,475 common shares for gross proceeds of $1,158,140
  • The proceeds will be used for general and administrative expenses and for current and new project evaluation and development
  • Skychain Technologies Inc. is a Vancouver based company providing Blockchain Infrastructure services and power solutions
  • Skychain Technologies Inc. (SCT) opened trading at C$0.35 per share

Skychain Technologies (SCT) has completed its non-brokered private placement for gross proceeds of $1,158,140.

Skychain issued 2,757,475 common shares at a price of $0.42 per share.

The proceeds will be used for general and administrative expenses and for current and new project evaluation and development. All securities issued pursuant to the Private Placement will be subject to a hold period of four months and one day.

SkyChain Technologies is a Canadian-based company providing Blockchain Infrastructure services and power solutions.

Skychain Technologies Inc. (SCT) opened trading at C$0.35 per share.

More From The Market Online

Xtract One reports strongest quarterly results in company history

Xtract One Technologies (TSX:XTRA) announced its fiscal second quarter results for the three months ended January 31, 2025.
Hand holding electric battery cutout

E3 and Pure Lithium build new batteries from Alberta brines

Partners E3 Lithium (TSXV:ETL) and Pure Lithium produce lithium batteries using the former's brines and latter's battery technology.
Gamer streaming

GameSquare and efuse partner on intelligent live streaming

Sideqik, a GameSquare (NASDAQ:GAME) company, signs a multi-year partnership with efuse, an AI-powered ad tech company for gamers.