Written by SmallCappower.com
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Global Blockchain Technologies Corp. (BLKCF) is starting to make some waves in the emerging Canadian Blockchain space with two strategic investment announcements over the past couple of days.
- The KodakCoin ICO will open on January 31, 2018, and is a Regulation D 506 (c) private placement open only to accredited investors from the U.S., the U.K., and Canada.
- The ICO offers photographers a new revenue stream and secure platform that uses Blockchain technology for protecting their work.
- Shidan Gouran, President of Global Blockchain Technologies Corp., said: “Global Blockchain Technology Corp. is excited to join the KodakCoin ICO as its lead investor. This groundbreaking endeavor addresses a pressing need to manage and monetize digital assets globally. By tapping into a significant marketplace and establishing relationships with top-tier technology partners, KodakCoin allows Global Blockchain the opportunity to join what will become a very large and active community.”
- Global Blockchain’s investment in Spectra7 was made as part of the latter’s recently completed $15.3 million bought deal financing. GBT received 2,000 senior unsecured convertible debentures with a principal amount of $1,000 each bearing 7.0% annual interest and 2.85 million common share purchase warrants, convertible into one common share of Spectra7 at $0.50 per common share until January 9, 2021.