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An update from BlockchainK2 ( (TSE:BITK) ) is now available.
BlockchainK2 Corp. announced that its common shares have been reinstated for trading on the TSX Venture Exchange after a delay in filing its financial statements led to a cease trade order. The company plans to address its working capital deficiency by completing a private placement of common shares. Additionally, BlockchainK2 had engaged Orsus Consult GmbH for marketing services, but the contract has since expired. The reinstatement is expected to positively impact the company’s financial position and market operations.
More about BlockchainK2
BlockchainK2 Corp. operates in the blockchain industry, focusing on providing blockchain-based solutions and services. The company is listed on multiple exchanges, including the TSX Venture Exchange, and aims to enhance its market presence through strategic partnerships and financial improvements.
Technical Sentiment Signal: Sell
Current Market Cap: C$2.17M
Find detailed analytics on BITK stock on TipRanks’ Stock Analysis page.