Core Viewpoint - Bitcoin Well Inc. has issued a total of 870,806 common shares as payment for services rendered under a sponsorship agreement with Energon Entertainment LLC, with share prices set at C$0.15 and C$0.135 for different service periods [1]. Group 1: Share Issuance Details - The company issued 412,740 common shares at a deemed price of C$0.15 per share for services from March 1, 2025, to May 31, 2025 [1]. - An additional 458,066 common shares were issued at a deemed price of C$0.135 per share for services from June 1, 2025, to August 31, 2025 [1]. - All shares issued are subject to a statutory hold period of four months plus one day [2]. Group 2: Company Overview - Bitcoin Well aims to make bitcoin accessible to everyday people, providing modern banking conveniences alongside the benefits of bitcoin [3]. - The company operates Bitcoin ATM and Online Bitcoin Portal business units, which generate cash flow to support its mission [3].
Bitcoin Well Announces Share Issuance
Thenewswireยท2025-09-17 20:30