Graph Blockchain Announces Financing
TORONTO, Feb. 19, 2020 (GLOBE NEWSWIRE) — Graph Blockchain Inc. (“Graph” or “Company“) (CSE: GBLC) is pleased to announce it has received approval from the exchange to raise up to $500,000 CAD in units consisting of a $0.03 common share and a half warrant at $0.06 for 24 months.
“This financing is an important milestone for Graph as these funds will kick-off the pivot to creating a blockchain supported e-commerce marketplace for the psychedelic and ancillary industries. This will allow the company to be a one-stop shop for all things psychedelic in legal jurisdictions while allowing us to sell related products in areas where it is not. Having the ability to offer products based on the purchaser’s location is key to being able to provide the best products and services,” says Govinda Butcher, CEO of the Company.About Graph Blockchain Inc.The Company develops leading-edge private blockchain business intelligence and data management solutions. Graph leverages its proprietary integration of the AgensGraph Database engine with Hyperledger Fabric to create a transparent and immutable ledger with near real-time transactional data processing and intuitive data visualization.Additional Information on the Company is available at: www.graphblockchain.comFor further information, please contact:Govinda Butcher – CEO
Phone: (416) 522-6688
Email: firstname.lastname@example.orgForward Looking StatementsThis news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Such statements may prove to be incorrect and actual results may differ materially from those anticipated.Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.