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Voyager Digital closes C$2.9 million private placement

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Voyager Digital Canada Ltd

On June 15, 2020, Voyager Digital (Canada) Ltd. (“the Company”), a crypto-asset broker providing investors with a turnkey solution to trade crypto assets founded by established Wall Street and Silicon Valley entrepreneurs, announced the closing of its previously-announced non-brokered private placement for gross proceeds of C$2,896,888 through the sale and distribution of 14,484,440 units in the capital of the Company at a price of C$0.20 per unit.

The Company settled C$103,112 of outstanding payables through the issuance of 515,560 Units at a deemed price of C$0.20 per unit in connection with the private placement.

Proceeds will be used for marketing and product development to increase Voyager's customer account base and for other general corporate purposes.

Fasken advised Voyager Digital (Canada) Ltd. with a team lead by Krisztian Toth and including Matt Downer.



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