- Hyper Bit Technologies (HYPAF) on Monday said it launched a non-brokered private placement to raise up to C$1.5M through the sale of up to 15M units priced at C$0.10 each.
- The company said proceeds will be used to purchase cryptocurrency mining equipment, repay debt, fund marketing activities and for working capital. Each unit includes one common share and one warrant exercisable at C$0.15 for three years.
