DIGI -- Partnership with Bitget; Crypto Fund Launch within daysBullish MACD cross (technical buy signal) on major news. Pickup in volume + breaking out of Bull Pennant pattern...
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DigiMax Enters Collaboration Agreement with Singapore-Based Bitget Exchange
LISTED AS 7TH LARGEST GLOBAL DERIVATIVES EXCHANGE BY COINMARKETCAP
TORONTO, ON / ACCESSWIRE / August 30, 2021 / DigiMax Global Inc. (the "Company" or "DigiMax") (CSE:DIGI)(OTC PINK:DBKSF), a company that provides artificial intelligence ("AI") and cryptocurrency technology solutions, is pleased to announce that it has signed a Collaboration Agreement with Bitget Exchange based in Singapore ("Bitget").
Established in July 2018, Bitget has become the fastest growing derivatives exchange in the world, with over 1.6 million registered users. According to CoinMarketCap, a world-renowned website for cryptocurrency markets, the average daily trading volume of Bitget has exceeded US$5 billion, ranking seventh after professional derivatives exchanges (FTX and Bybit), and the top three traditional comprehensive cryptocurrency exchanges: Binance, OKEx and Huobi.
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The CryptoHawk results provide a strong foundation to launch the CryptoHawk-based Crypto Fund domiciled in the Cayman Islands and expected to be launched by the end of August 2021 as previously announced. Pre-marketing of the fund is progressing well and the stated goal of achieving $1 billion of Assets Under Management within 24 months seems realistic at this time.
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DIGI trade ideas
DIGI - Just raised $13.2M at .35. Trading at big discount!DIGI is another crypto play that is caught in BTC/markets headwinds and is offering a very attractive entry below just closed institutional financing.
DigiMax Announces Closing of CAD$13.2 Million Private Placement with Institutional Investors to Fund Future Expansion
TORONTO, ON / ACCESSWIRE / March 19, 2021 / DigiCrypts Blockchain Solutions Inc. o/a DIGIMAX GLOBAL SOLUTIONS (the "Company" or "DigiMax") (CSE:DIGI) is pleased to announce that it has closed its previously announced private placement of equity securities (the "Offering"). The Offering was for gross proceeds of approximately CAD$13.2 million and consisted of the sale of 37,793,715 common shares, along with warrants to purchase an aggregate of up to 37,793,715 common shares, at a purchase price of CAD$0.35 per common share and associated warrant. The warrants have an exercise price of CAD$0.365 per common share and exercise period of three and one-half years (on or before September 17, 2024).
The net proceeds of the private placement will be used by the Company for working capital and general corporate purposes and may be used to fund strategic partnerships that may include an acquisition of all or part of existing companies operating in similar artificial intelligence, or blockchain/crypto spaces. However, no agreements have been signed, nor any terms agreed on, in respect of any such transactions.
H.C. Wainwright & Co. acted as the exclusive placement agent for the private placement.
H.C. Wainwright & Co. received (i) a cash commission equal to 8.0% of the gross proceeds of the Offering and (ii) 3,023,497 non-transferable broker warrants (the "Broker Warrants"). Each Broker Warrant will entitle the holder to purchase one common share at an exercise price of CAD$0.4375 at any time on or before September 17, 2024.
No securities were offered for sale or sold to Canadian residents. The securities issued under the Offering are subject to customary resale restrictions in the United States with no resale restrictions in Canada.
DIGI.C -- Cheap $2.4 mcap crypto play trading below PPDIGI.C has a Definitive Agreement pending and trading below recent financing of .05. Very speculative opportunity but also cheap at $2.4M market cap and pretty tight float. Strong technical support at .04 (EMA 20 + EMA 50 + Fibonacci support). Bullish Ascending Triangle setup that could see some serious gains on breakout. I am in at .04.