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CurrencyWorks Announces Closing of US$3.75 Million Registered Direct Offering

CurrencyWorks Announces Closing of US$3.75 Million Registered Direct Offering

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Los Angeles, CA, July 14, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), a full service blockchain platform provider, today announced that it has closed its previously announced registered direct offering for the sale, under securities purchase agreements with institutional investors, of 4,687,500 shares of common stock and warrants to purchase 4,687,500 shares of common stock. The purchase price for one share of common stock and one warrant to purchase one share of common stock was US$0.80. The warrants have an exercise price of US$1.00 per share, are immediately exercisable and expire five years from the issue date.

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