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Taal Distributed Information Technologies : Announces the Filing of its Final Prospectus

TAAL or the Company ) a vertically integrated, blockchain infrastructure and service provider for enterprise, is pleased to announce that it has filed a final short form prospectus (the Prospectus ) in connection with its previously announced public offering (the Offering ) of units of the Company (the Units ) at a price of $4.60 per Unit (the Offering Price ) The Offering is oversubscribed and, accordingly, the Company expects to raise the maximum aggregate gross proceeds contemplated by the prospectus of $40.0 million. Agency Agreement ) in respect of the Offering with a syndicate of agents led by Canaccord Genuity Corp. as lead agent and sole bookrunner and including

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