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     1898  0 Kommentare BIG Blockchain Intelligence Group Inc. Announces Bought Deal Financing for Gross Proceeds of $10 Million

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 6, 2017) -

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

    BIG Blockchain Intelligence Group Inc. (CSE:BIGG)(CSE:BIGG.CN)(CNSX:BIGG) (the "Company" or "BIG") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 13,340,000 common shares of the Company (the "Shares") at a price of $0.75 per Share (the "Offering Price"), for aggregate gross proceeds of approximately $10.0 million (the "Offering"). The Company has also granted the Underwriters an option, exercisable up to two business days prior to the Closing Date, to arrange for the purchase of up to an additional 2,001,000 Shares at the Offering Price for total gross proceeds of up to $11.5 million.

    The net proceeds of the Offering are expected to be used to further build out the Company's development and sales team, acquire additional hardware adding to existing infrastructure and providing additional capacity to deliver big data and search analytics, and for general working capital purposes.

    The Offering will take place by way of a private placement to accredited investors in such provinces of Canada as the Underwriters may designate, and otherwise in those jurisdictions where the Offering can lawfully be made on a private placement basis. All Shares issued under the Offering will be subject to a four month and one day hold period from the date of issue in accordance with applicable securities laws in Canada, and potentially additional restrictions under the laws of other jurisdictions in which the Offering may be made.

    The Offering is expected to close on or about December 21, 2017 (the "Closing Date"). Closing of the Offering is subject to certain conditions typical for a transaction of this nature and the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange (the "Exchange").

    This news release does not constitute an offer to sell the Shares in the United States or to US persons. The Shares have not been and will not be registered under the United States Securities Act of 1933, as amended, and they may not be offered or sold in the United States or to a US person unless an exemption from registration is available.

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    BIG Blockchain Intelligence Group Inc. Announces Bought Deal Financing for Gross Proceeds of $10 Million VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 6, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. BIG Blockchain Intelligence Group Inc. (CSE:BIGG)(CSE:BIGG.CN)(CNSX:BIGG) (the "Company" or …

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