Bitcoin Well Announces $2.5 Million Non-Brokered Private Placement - Seite 2

In connection with the Offering, the Company may pay certain finders (each, a “Finder”) a cash commission equal to up to 8% of the aggregate gross proceeds raised from those purchasers introduced by such Finders and/or issue to such Finders such number of non-transferable finder warrants (each, a “Finder Warrant”) equal to up to 8% of the total number of Units sold to purchasers introduced by such Finders, with each Finder Warrant exercisable to acquire one Unit at a price of $0.06 per Unit for a period of 36 months from the date of issuance.

There is an offering document related to the Offering that can be accessed under the Company’s profile at www.sedar.com and at www.bitcoinwell.com/investors. Prospective investors should read this offering document before making an investment decision.

Completion of the Offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange. None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

The Offering is expected to close on or about September 1, 2023.

About Bitcoin Well

Bitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM business unit drives cash-flow to help fund this mission.

Join our investor community and follow us on Nostr, LinkedIn, Twitter and YouTube to keep up to date with our business.

Bitcoin Well contact information

To book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link: https://bitcoinwell.com/meet-adam

For additional investor & media information, please contact:
Tel: [phone]
[e-mail]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.