Neptune Dash Closes Alumina Drawdown
26 May 2020 - 11:23PM
Neptune Dash Technologies Corp. (TSX.V:DASH) (OTC:NPPTF)
(FSE:1NW) (the "
Company") announces it has closed
a non-brokered private placement as part of a series of drawdowns
on the Alumina Equity Agreement consisting of 1,250,000 units at a
price of CAD$0.08 per unit for gross proceeds of $100,000.
Each unit consists of one common share and one transferable
common share purchase warrant. Each warrant entitles the holder to
purchase one common share at a price of $0.13 for a period of three
years from the issue date. The securities will be subject to a four
month and one day hold period under securities laws.
The Company intends to use the proceeds from the private
placement for strategic crypto currency acquisitions and associated
administrative expenses.
About Neptune Dash Technologies
Corp.
The Company primarily builds and operates Masternodes and
invests in Node technologies. The Company also has a diversified
cryptocurrency portfolio through investments made in Proof-Of-Stake
tokens and their associated blockchain technologies.
ON BEHALF OF THE BOARD
Cale Moodie, President and CEONeptune Dash Technologies
Corp.https://neptunedash.com/Phone: (604)
319-6955Email: info@neptunedash.com
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