Digital Commodities Announces Closing of Final Tranche of Fully Subscribed $2 Million Private Placement

Core Viewpoint - Digital Commodities Capital Corp. successfully closed the second and final tranche of its non-brokered private placement, raising a total of $2 million, indicating strong investor interest in the company's strategy and outlook [1][2]. Financing Details - The second tranche involved the issuance of 13,333,332 units at a price of $0.075 per unit, generating gross proceeds of $1 million [3]. - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.10 for two years [3]. - The company paid finders fees totaling $13,680 in cash, along with 1,066,666 common shares and 1,249,066 finder warrants [5]. Strategic Investor Participation - Mogo Inc. participated as a strategic investor with a cornerstone investment of $1 million, reflecting confidence in Digital Commodities' approach to leveraging non-fiat assets [2]. Use of Proceeds - The net proceeds from the financing will be utilized to advance a dual-pronged treasury strategy focused on acquiring Bitcoin and gold, which are viewed as resilient stores of value [4]. - Proceeds will also support general corporate purposes [4]. Company Overview - Digital Commodities is focused on building a differentiated capital platform primarily centered on acquiring Bitcoin and precious metals, aiming to establish a non-fiat asset base for long-term value creation [10].