BLOK Digital Raises US$414K with 3.19M-Share Private Placement for TSXV Relisting
On January 9, 2026, BLOK Digital Ltd. raised US$414,397.10 through a non-brokered private placement, issuing 3,187,670 common shares at US$0.13 each under a four-month hold. The company will use proceeds for asset acquisitions or business combinations to relist on the TSX Venture Exchange and for working capital.
1. BLOK Digital Completes $414,397 Private Placement
On January 9, 2026, BLOK Digital Ltd. finalized a non-brokered private placement raising aggregate gross proceeds of $414,397.10 through the issuance of 3,187,670 common shares at $0.13 per share. The net proceeds are earmarked for pursuit of asset acquisitions or business combinations designed to facilitate the company’s relisting on the TSX Venture Exchange, as well as for general corporate and working capital purposes. Issued shares will remain under a statutory hold for four months post-closing in accordance with applicable Canadian securities regulations. In connection with the transaction, BLOK has agreed, subject to final NEX board approval, to pay a cash finder's fee of $13,799.99 to Haywood Securities Inc. for investor introductions. This financing reinforces the company’s strategy to rebuild its capitalization, fund due diligence on potential targets, and position itself for renewed visibility and trading liquidity on the TSX Venture platform.