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CurrencyWorks Announces US$500,000 Strategic Financing Led By Management

CurrencyWorks Announces US$500,000 Strategic Financing Led By Management

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Los Angeles, CA, Dec. 29, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), a blockchain pioneer, NFT, and digital payment provider, today announced that the Company intends to complete a non-brokered private placement pursuant to Section 4(a)(2) of the Securities Act of 1933 or Regulation S under the Securities Act of 1933, as applicable, pursuant to which the Company plans to sell to Jimmy Geiskopf, Cameron Chell and Swapan Kakumanu, directors and executive officers of the Company, shares of common stock for gross proceeds of US$50,000 of the Company. These shares are to be priced at the market as of the market close (OTCQB) on Tuesday, December 28, 2021 with no discount, no warrant and will be subject a hold period under United States securities laws and, if applicable, under Canadian securities laws.

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