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DMG Announces Closing of Cdn$70 Million Private Placement Offering with Institutional Investors - Vimarsana News

DMG Announces Closing of Cdn$70 Million Private Placement Offering with Institutional Investors

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 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 t...