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BC metaverse firm claims former consultant won't return crypto properties - BC News

BC metaverse firm claims former consultant won't return crypto properties - BC News
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DMG Announces Closing of Cdn$70 Million Private Placement Offering with Institutional Investors


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VANCOUVER, British Columbia, March 05, 2021 (GLOBE NEWSWIRE) DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTCQB US) (FRANKFURT:6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, is pleased to announce that it has closed its previously announced sale to U.S. and foreign institutional investors of its common shares (“
Common Shares“) and warrants to purchase common shares (“
Warrants“) for aggregate gross proceeds to the Company of approximately Cdn$70 million (the “
Private Placement“). Pursuant to the Private Placement, the Company issued 23,333,334 Common Shares and Warrants to purchase up to 11,666,667 Common Shares at a purchase price of Cdn ....

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