Core Points - Birchtree Investments Ltd. has successfully closed a non-brokered private placement, raising $860,000 by issuing 43,000,000 common shares at a price of $0.02 per share [1][2] - The net proceeds from the Offering will be utilized for potential new investments, working capital, and general corporate purposes, with a focus on the cryptocurrency and Web3 ecosystem [2][5] - The common shares issued are subject to a hold period of four months and a day from the closing date of the Offering [3] Company Strategy - The Company aims to expand its participation in the cryptocurrency and Web3 sectors by researching and pursuing strategic investments in digital assets, tokenization technologies, and real-world asset opportunities [2] - The focus will be on identifying high-potential projects and platforms that support the growth and institutional adoption of blockchain-based financial infrastructure [2] Regulatory and Compliance - No finders fees were paid in connection with the Offering, and the completion of any new potential investments will be subject to applicable director, shareholder, and regulatory approvals [3][5]
Birchtree Investments Announces Private Placement Closing
Globenewswire·2025-10-31 11:30