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Graph Blockchain Corp: Graph Blockchain Completes Acquisition of Babbage Mining

Graph Blockchain Corp: Graph Blockchain Completes Acquisition of Babbage Mining
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Graph Blockchain Corp: Graph Blockchain Signs a Definitive Agreement with Babbage Mining Corp. and Announces Financing

(1)
Toronto, Ontario (Newsfile Corp. - January 26, 2021) - Graph Blockchain Inc. (CSE: GBLC)
( Graph or the Company ), a leading-edge private blockchain solutions company, is pleased to announce that it has entered into a definitive share exchange agreement dated January 25, 2021 (the Agreement ) with Babbage Mining Corp. ( Babbage ) and the shareholders of Babbage whereby Graph will acquire all of the issued and outstanding securities in the capital of Babbage (the Acquisition ). The Acquisition is an arm s length transaction and is expected to close on or before February 1, 2021 or such other date as agreed to by the parties.
Pursuant to the Agreement, Graph will acquire all of the issued and outstanding common shares in the capital of Babbage at an aggregate purchase price of $4.8 Million to be satisfied by the issuance of an aggregate of 60 million units of the Company (the Consideration Units ). Each Consideration Unit will be issued at a deemed price of $0 ....

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Graph Blockchain Corp: Graph Earned $84,483 in Q2

Graph Blockchain Corp: Graph Earned $84,483 in Q2
Graph Blockchain Inc. (
Company or
Graph ) is pleased to announce record second quarter 2021 ( Q2 ) financial and operating results. All currency is in Canadian dollars, unless otherwise stated.
The company s net income increased to $84,483 in Q2 compared to a loss of $11,429 in the same period last year. The Company s current assets improved significantly to $548,028, which includes cash, trade and other receivables and inventory, compared to $128,365 at the end of fiscal year ended April 30, 2020. The Company s revenue was $397,051 for Q2 with a gross profit of $97,803, resulting from the sale of all COVID-19 related essential products, including lab equipment and supplies as well as personal protective equipment. Included in the results for Q2 is a non-cash gain on settlement of debts of $193,002. ....

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Graph Blockchain Corp: Graph Blockchain Announces Grant of Options

Graph Blockchain Corp: Graph Blockchain Announces Grant of Options
Company or
Graph ) announces that it has granted incentive stock options of the Company (the
Options ) to certain directors and officers of the Company to purchase up to 8,500,000 common shares in the capital of the Company (the
Shares ) pursuant to the stock option plan of the Company. The Options are exercisable at a price of $0.05 per Share and will expire two (2) years from the date of grant.
About Graph Blockchain
The Company develops leading-edge private blockchain business intelligence and data management solutions that it will implement into a blockchain supported e-commerce marketplace for the sale of health related products. ....

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