SCT Skychain Technologies

Skychain's Debt Settlement Transaction

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Skychain Technologies Inc. (TSXV: SCT) (OTCQB: SKTCF) (the "Company") is pleased to announce that the Exchange has approved a debt settlement with Houston BC Mining Power Corp. previously announced on June 7, 2021. Pursuant to the settlement, the Company issued 243,590 common shares (the "Settlement Shares") at a deemed price of $0.78 per share to settle $190,000 of debt owing to Houston BC Mining Power Corp. The Settlement Shares are subject to a hold period of four months and one day.

About Skychain Technologies INC

Skychain Technologies is a Vancouver based company providing Blockchain Infrastructure services and power solutions. Our vision is to become a leading player in the crypto/data mining hosting by growing to 100Mw of crypto hosting capacity. To learn more, visit .

ON BEHALF OF THE BOARD OF DIRECTORS

Bill Zhang
President and CEO

Neither the TSX Venture Exchange, OTCQB nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

Statements in this news release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the company can fulfill such forward-looking statements and the company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the company, some of which are beyond the company's control.

To view the source version of this press release, please visit

EN
30/07/2021

Underlying

SCTSkychain Technologies

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Skychain Technologies

 PRESS RELEASE
Free
SCT Skychain Techno...

SkyChain Closes August Private Placement

Vancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - SkyChain Technologies Inc. (TSXV: SCT) (OTCQB: SKTCF) ("SkyChain" or the "Company") is pleased to announce that it has successfully completed its non-brokered private placement (the "Offering") described in its news release on August 9, 2021. Under the Offering, the Company issued 619,500 units (the "Units") at a price of CDN$0.80 per Unit for gross proceeds of $495,600. Each Unit consists of one common share in the capital of the Company (a "Share") and one whole non-transferable common share purchase warrant (a "Warrant"). Eac...

August 23, 2021 1 EN
 PRESS RELEASE
Free
SCT Skychain Techno...

Skychain's Proposed Private Placement

Vancouver, British Columbia--(Newsfile Corp. - August 15, 2021) - Skychain Technologies Inc. (TSXV: SCT) (OTCQB: SKTCF) ("Skychain" or the "Company") announces that the Company proposes to undertake a non-brokered private placement (the "Private Placement") of up to 342,857 units (the "Units") at a price of $0.70 per Unit for gross proceeds of up to $240,000 if the entire Private Placement is sold. Each Unit will consist of one common share and one non-transferrable share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase an additional common share (a "Warrant Sha...

August 15, 2021 1 EN
 PRESS RELEASE
Free
SCT Skychain Techno...

Skychain's Proposed Private Placement

Vancouver, British Columbia--(Newsfile Corp. - August 9, 2021) - Skychain Technologies Inc. (TSXV: SCT) (OTCQB: SKTCF) ("Skychain" or the "Company") announces that the Company proposes to undertake a non-brokered private placement (the "Private Placement") of up to 619,500 units (the "Units") at a price of $0.80 per Unit for gross proceeds of up to $495,600 if the entire Private Placement is sold. The proceeds from the Private Placement will be used for purchase of equipment. Each Unit will consist of one common share and one non-transferrable share purchase warrant (a "Warrant"). Each Warrant...

August 9, 2021 1 EN
 PRESS RELEASE
Free
SCT Skychain Techno...

SkyChain Closes Second and Final Tranche of June Private Placement

Vancouver, British Columbia--(Newsfile Corp. - August 6, 2021) - SkyChain Technologies Inc. (TSXV: SCT) (OTCQB: SKTCF) ("SkyChain" or the "Company") is pleased to announce that it has successfully completed the second tranche of the non-brokered private placement (the "Offering") described in its news release on June 7, 2021. Under the second tranche of the Offering, the Company issued 317,949 units (the "Units") at a price of CDN$0.78 per Unit for gross proceeds of $248,000. Each Unit consists of one common share in the capital of the Company (a "Share") and one whole non-transferable common ...

August 6, 2021 1 EN
 PRESS RELEASE
Free
SCT Skychain Techno...

Skychain's Debt Settlement Transaction

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Skychain Technologies Inc. (TSXV: SCT) (OTCQB: SKTCF) (the "Company") is pleased to announce that the Exchange has approved a debt settlement with Houston BC Mining Power Corp. previously announced on June 7, 2021. Pursuant to the settlement, the Company issued 243,590 common shares (the "Settlement Shares") at a deemed price of $0.78 per share to settle $190,000 of debt owing to Houston BC Mining Power Corp. The Settlement Shares are subject to a hold period of four months and one day.About Skychain Technologies INCSkychain Techn...

July 30, 2021 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch