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Blockmate Ventures Inc. Investor Presentation Update
Globenewswireยท 2025-07-09 11:54
Core Viewpoint - Blockmate Ventures Inc. is actively engaging with sophisticated investors to raise capital for its subsidiary, Blockmate Mining, following its recent launch, which aims to enhance its operational capacity and financial performance [1][2]. Group 1: Company Structure and Strategy - Blockmate Mining is positioned as a key investment alongside Hivello Holdings, with a focus on raising funds directly into its subsidiary rather than the parent company, Blockmate Ventures Inc. This strategy aims to prevent dilution of MATE shares for existing shareholders [2]. - The capital raised will support a 'Mine-and-Hold' strategy at the Wyoming facility, which has low operating costs of 3.3 cents per kWh, with plans to scale up to 200MW capacity [3]. Group 2: Investor Engagement - An Investor Presentation has been released, which will be shared with potential investors over the coming weeks, detailing the updated structure of Blockmate and its strategic initiatives [1][4]. - The company plans to provide updates on the funding round through the TSX Venture Exchange, ensuring transparency with its investors [3].