Graph Blockchain Announces Financing
February 19 2020 - 3:41PM
Graph Blockchain Inc. ("
Graph" or
"
Company") (
CSE: GBLC) is pleased
to announce it has received approval from the exchange to raise up
to $500,000 CAD in units consisting of a $0.03 common share and a
half warrant at $0.06 for 24 months.
“This financing is an important milestone for Graph as these
funds will kick-off the pivot to creating a blockchain supported
e-commerce marketplace for the psychedelic and ancillary
industries. This will allow the company to be a one-stop shop for
all things psychedelic in legal jurisdictions while allowing us to
sell related products in areas where it is not. Having the ability
to offer products based on the purchaser’s location is key to being
able to provide the best products and services,” says Govinda
Butcher, CEO of the Company.
About Graph Blockchain Inc.
The Company develops leading-edge private
blockchain business intelligence and data management solutions.
Graph leverages its proprietary integration of the AgensGraph
Database engine with Hyperledger Fabric to create a transparent and
immutable ledger with near real-time transactional data processing
and intuitive data visualization.
Additional Information on the Company is
available at: www.graphblockchain.com
For further information, please
contact:
Govinda Butcher – CEOPhone: (416)
522-6688Email: govinda@graphblockchain.com
Forward Looking Statements
This news release contains "forward-looking
statements" within the meaning of applicable securities laws. All
statements contained herein that are not clearly historical in
nature may constitute forward-looking statements. In some cases,
forward-looking statements can be identified by words or phrases
such as "may", "will", "expect", "likely", "should", "would",
"plan", "anticipate", "intend", "potential", "proposed",
"estimate", "believe" or the negative of these terms, or other
similar words, expressions and grammatical variations thereof, or
statements that certain events or conditions "may" or "will"
happen, or by discussions of strategy. Readers are cautioned to
consider these and other factors, uncertainties and potential
events carefully and not to put undue reliance on forward-looking
statements. Such statements may prove to be incorrect and actual
results may differ materially from those anticipated.
Forward-looking statements contained in this
news release are expressly qualified by this cautionary statement
and reflect the Company’s expectations as of the date hereof and
are subject to change thereafter. The Company undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, estimates or opinions,
future events or results or otherwise or to explain any material
difference between subsequent actual events and such
forward-looking information, except as required by applicable
law.
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