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Blockchain Foundry Closes CAD$10 Million Private Placement with Institutional Investors

Article content THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR RELEASE, PUBLICATION OR DISSEMINATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, March 10, 2021 (GLOBE NEWSWIRE) Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN), a leading North American blockchain development firm, is pleased to announce that it has closed its previously announced private placement of equity securities (the “Private Placement”). The Private Placement was for gross proceeds of approximately CAD$10,055,000 and consisted of the sale of 29,792,595 common shares (“Common Shares”) and warrants to purchase up to 29,792,595 Common Shares (“Warrants”), at a purchase price of CAD$0.3375 per Common Share and associated Warrant. The Warrants have an exercise price of CAD$0.45 per Common Share and may be exercised at any time prior to the fifth-year anniversary of the issuance date.

TWC Enterprises Limited Increases Ownership Position in Automotive Properties REIT

Share: KING CITY, Ontario, March 08, 2021 (GLOBE NEWSWIRE) TWC Enterprises Limited ( TWC ) today announced that, it has acquired beneficial ownership of, or control or direction over 819,600 trust units ( Units ) of Automotive Properties Real Estate Investment Trust ( REIT ) (TSX:APR), through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems between November 19, 2020 and March 5, 2021 at a weighted average price of $10.83 per Unit. The Units acquired by TWC represent 2.17% of the issued and outstanding Units of the REIT (the Acquisition ). Prior to the Acquisition, TWC beneficially owned, or had control or direction over 6,057,457 Units and K. Rai Sahi has 10,000 Units, together representing 16.10% of the issued and outstanding Units of REIT. Following the Acquisition, TWC and K. Rai Sahi have beneficial ownership of, or control or direction over, 6,887,057 Units of REIT, representing 18.27% of the issued and outstanding Units.

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