Dynamite Blockchain Launches Private Placement to Fuel Growth and Innovation
Dynamite blockchain Corp. Announces $2.5 Million Private Placement Offering
Introduction to the Offering
Vancouver, B.C., July 17, 2025 — Dynamite blockchain Corp. (the “Company” or “Dynamite”) (CSE: “KAS”) is excited to unveil a non-brokered private placement (the “Offering”) aimed at raising $2.5 million through the issuance of 50 million units (each, a “Unit”) priced at $0.05 per Unit. Each Unit will comprise one common share (a “Common Share”) and one transferable share purchase warrant (a “Warrant”). Holders of the Warrants will have the right to acquire an additional Common Share at an exercise price of C$0.10 for a period of 24 months post-closing, with the possibility of acceleration if the Common Shares trade above $0.25 for five consecutive days.
Regulatory Framework and Conditions
This Offering will be executed under the listed issuer financing exemption as outlined in Part 5A of National Instrument 45-106, allowing Canadian subscribers to receive Common Shares without a hold period under current Canadian securities regulations. However, the Warrants and any shares acquired through their exercise will be subject to a four-month and one-day resale restriction. Interested investors can access the Offering Document on the Company’s profile at www.sedarplus.ca and www.dynamiteblock.com. It is recommended that potential investors review this document prior to making any investment decisions.
The Offering is anticipated to close around July 31, 2025, contingent upon meeting specific conditions, including securing sufficient subscriptions and obtaining all necessary approvals, including from the Canadian Securities Exchange.
Allocation of Proceeds
The funds raised from this Offering will be directed towards enhancing the Company’s position as a utility-focused digital asset proxy public company. The proceeds will be utilized to settle outstanding payables, acquire utility coins from the market, and further develop the Company’s technologies to strengthen its blockchain Ecosystem, as detailed in the Offering Document.
“Through this Offering, we aim to significantly improve our balance sheet and strategically position ourselves to become the leading ‘Utility-Based Digital Asset Proxy,’ providing our shareholders with exposure to select utility-focused digital assets,” stated Akshay Sood, CEO of Dynamite.
Overview of Dynamite’s blockchain Ecosystem
Key Divisions and Offerings
| Division | Description | Current / Planned Assets & Products |
|---|---|---|
| Utility-Token Holdings | Focus on acquiring fixed-supply, high-utility tokens that meet our criteria. | $KAS, $MOT, and future select digital asset candidates. |
| Utility-Generating Products | Development of software/hardware that enhances digital asset utility and adoption. | IMME non-custodial wallet; Renewable off-grid Kaspa miner. |
| Utility-Generating Services | SaaS and fee-based services that monetize user engagement. | Kaspa card, transaction-fee APIs, staking services. |
The Rationale for Utility-Based Digital Assets
- Scarcity and Utility: Unlike Bitcoin-focused companies, Dynamite is among the few public entities emphasizing a utility-based digital asset strategy.
- Regulatory Compliance: Properly structured utility tokens do not qualify as securities, minimizing regulatory hurdles as authorities develop tailored frameworks.
- Market Accessibility: The CSE listing (ticker “KAS”) provides both retail and institutional investors with a streamlined way to access a diversified portfolio of utility tokens.
- Rigorous Selection Process: The Company employs a unique framework to evaluate all digital assets considered for its utility token holdings.
Important Legal Notice
The securities to be issued in connection with the Offering have not been registered under the United States Securities Act of 1933 and cannot be offered or sold within the United States or to U.S. persons without proper registration or an applicable exemption. This announcement does not constitute an offer to sell or a solicitation to buy securities in the United States or any jurisdiction where such an offer would be illegal.
Conclusion
On behalf of Dynamite blockchain Corp.,
Akshay Sood,
Chief Executive Officer
Telephone: 236-259-0279
About Dynamite blockchain Corp.
Dynamite blockchain is dedicated to building a comprehensive blockchain technology infrastructure, focusing on a diversified ecosystem centered around Kaspa. The Company operates Kaspa mining assets, develops Kaspa-enabled products and services such as the IMME Wallet, and strategically acquires high-utility digital assets to enhance shareholder value.
Forward-Looking Statements
This announcement contains forward-looking statements regarding management’s expectations, plans, and future events. These statements are based on assumptions that involve risks and uncertainties. Forward-looking statements include, but are not limited to, details about the Offering, its timing, intended use of proceeds, and the Company’s focus on utility-based digital assets. While the Company believes these expectations are reasonable, it cannot guarantee their accuracy. The Company disclaims any obligation to update or revise forward-looking statements unless required by law.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
