BlockchainK2 Closes Debt Settlement
BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) announces the closing of its debt settlement, settling $312,500 of outstanding indebtedness through the issuance of 4,464,286 common shares at $0.07 per share.
Vancouver, British Columbia — Newsfile Corp., November 26, 2025
BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) announces that the Company has closed its previously announced debt settlement (see September 15, 2025 press release) settling outstanding indebtedness totaling $312,500 through the issuance of 4,464,286 common shares at a price of $0.07 per share (the "Debt Settlement Shares"). The previously announced debt settlement contemplated the settlement of $340,000 of outstanding indebtedness through the issuance of 4,857,142 common shares.
A portion of the above-described transaction constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101. The Company is relying on exemptions from the valuation and minority shareholder approval requirements of MI 61-101, as the fair market value of the Debt Settlement Shares does not exceed 25% of the market capitalization of the Company.
Closing of the debt settlement is subject to the approval of the TSX Venture Exchange.
About BlockchainK2 Corp.
BlockchainK2 Corp. (TSXV: BITK; OTCQB: BIDCF; FSE: KRL2) is a holding company investing in blockchain technology solutions for capital markets and other sectors. The Company owns a majority interest in RealBlocks, a technology platform for private equity, private credit, and real estate that provides tokenized secondary trading and fund distribution solutions.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable Canadian securities legislation. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements.