{"success":true,"data":{"pressRelease":{"id":"168899","rtpr_id":"nNFC6QN6bV-20261014","ticker":"BITK","exchange":"","all_tickers":["BITK"],"title":"BlockchainK2 Closes Non-Brokered Private Placement","author":"Newsfile Corp","published_at":"2026-10-14T12:17:02.076Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 14, 2026) -\nBlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (the \"Company\") is\npleased to announce that, further to its news release dated September 22,\n2026, it has closed its non-brokered private placement of 1,857,142 common\nshares at a price of $0.07 per share for gross proceeds of $130,000 (the\n\"Offering\").\n\nAll securities issued in connection with the Offering will be subject to a\nfour‐month statutory hold period. No finder's fee was paid in connection\nwith the Offering.\n\nThe proceeds of the Offering will be used for general working capital\npurposes.\n\nThe Offering is subject to final acceptance of the TSX Venture Exchange.\n\nBlockchainK2 Corp.\nMichael Forstl\nCEO\nPhone: 604 630-8746\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nForward-Looking Information Cautionary Statement\n\nExcept for statements of historic fact, this news release contains certain\n\"forward-looking information\" within the meaning of applicable securities law.\nForward-looking information is frequently characterized by words such as\n\"plan\", \"expect\", \"project\", \"intend\", \"believe\", \"anticipate\", \"estimate\" and\nother similar words, or statements that certain events or conditions \"may\" or\n\"will\" occur. Forward-looking statements are based on the opinions and\nestimates at the date the statements are made, and are subject to a variety of\nrisks and uncertainties and other factors that could cause actual events or\nresults to differ materially from those anticipated in the forward-looking\nstatements including, but not limited to delays or uncertainties with\nregulatory approvals, including that of the TSX-V. There are uncertainties\ninherent in forward-looking information, including factors beyond the\nCompany's control. There are no assurances that the business plans for the\nCompany as described in this news release will come into effect on the terms\nor time frame described herein. The Company undertakes no obligation to update\nforward-looking information if circumstances or management's estimates or\nopinions should change except as required by law. The reader is cautioned not\nto place undue reliance on forward-looking statements. Additional information\nidentifying risks and uncertainties that could affect financial results is\ncontained in the Company's filings with Canadian securities regulators, which\nare available at www.sedarplus.ca.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/318912","article_body_html":"","raw_payload":{"data":{"id":"nNFC6QN6bV-20261014","title":"BlockchainK2 Closes Non-Brokered Private Placement","author":"Newsfile Corp","ticker":"BITK","created":"2026-10-14T12:17:02.076Z","tickers":["BITK"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 14, 2026) -\nBlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (the \"Company\") is\npleased to announce that, further to its news release dated September 22,\n2026, it has closed its non-brokered private placement of 1,857,142 common\nshares at a price of $0.07 per share for gross proceeds of $130,000 (the\n\"Offering\").\n\nAll securities issued in connection with the Offering will be subject to a\nfour‐month statutory hold period. No finder's fee was paid in connection\nwith the Offering.\n\nThe proceeds of the Offering will be used for general working capital\npurposes.\n\nThe Offering is subject to final acceptance of the TSX Venture Exchange.\n\nBlockchainK2 Corp.\nMichael Forstl\nCEO\nPhone: 604 630-8746\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nForward-Looking Information Cautionary Statement\n\nExcept for statements of historic fact, this news release contains certain\n\"forward-looking information\" within the meaning of applicable securities law.\nForward-looking information is frequently characterized by words such as\n\"plan\", \"expect\", \"project\", \"intend\", \"believe\", \"anticipate\", \"estimate\" and\nother similar words, or statements that certain events or conditions \"may\" or\n\"will\" occur. Forward-looking statements are based on the opinions and\nestimates at the date the statements are made, and are subject to a variety of\nrisks and uncertainties and other factors that could cause actual events or\nresults to differ materially from those anticipated in the forward-looking\nstatements including, but not limited to delays or uncertainties with\nregulatory approvals, including that of the TSX-V. There are uncertainties\ninherent in forward-looking information, including factors beyond the\nCompany's control. There are no assurances that the business plans for the\nCompany as described in this news release will come into effect on the terms\nor time frame described herein. The Company undertakes no obligation to update\nforward-looking information if circumstances or management's estimates or\nopinions should change except as required by law. The reader is cautioned not\nto place undue reliance on forward-looking statements. Additional information\nidentifying risks and uncertainties that could affect financial results is\ncontained in the Company's filings with Canadian securities regulators, which\nare available at www.sedarplus.ca.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/318912"},"type":"article","timestamp":"2026-10-14T12:17:02.12354042Z","server_sent_at_ms":1791980222123},"received_at":"2026-10-14T12:17:02.174Z","source_url":"https://www.newsfilecorp.com/release/318912"},"analysis":{"id":"157149","press_release_id":"168899","analysis_json":{"industry":{"label":"Financial Services","sector":"Financials"},"redFlags":["dilutive raise at $0.07 per share for working capital only","tiny $130,000 raise suggests limited cash runway or lack of institutional interest"],"eventType":"offering","narrative":"BlockchainK2 closed a non-brokered private placement of 1,857,142 common shares at $0.07 per share for gross proceeds of $130,000.\n\nProceeds are earmarked for general working capital, and the securities carry a four-month statutory hold period with no finder's fee paid.\n\nThe offering remains subject to final TSX Venture Exchange acceptance; the micro-cap raise adds modest dilution at a very low share price.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine micro-cap private placement close at $0.07 for working capital — minimal market relevance."},"keyFigures":{"dealValueUsd":130000,"offeringPrice":0.07,"sharesOffered":1857142},"namedEntities":{"people":[{"name":"Michael Forstl","role":"CEO"}],"products":[],"companies":[{"name":"BlockchainK2 Corp.","ticker":"BITK"}],"dollarAmounts":[{"amount":"$130,000","context":"gross proceeds of private placement"},{"amount":"$0.07","context":"price per share of private placement"}]},"materialImpact":{"score":2,"reasoning":"Closed non-brokered private placement of only $130,000 at $0.07 per share — a token dilutive raise for working capital at a micro-cap with no prior close stated in the release."},"tickerRelevance":{"others":[],"primary":"BITK"},"globalImportance":5,"audienceRelevance":5,"eventTypeSecondary":["dilution"],"importanceComponents":{"dealSize":"$130,000","tickerTier":"micro-cap","eventGravity":"micro-cap private placement close","issuerAuthored":true}},"event_type":"offering","event_type_secondary":["dilution"],"sentiment":"bearish","material_impact_score":2,"narrative":"BlockchainK2 closed a non-brokered private placement of 1,857,142 common shares at $0.07 per share for gross proceeds of $130,000.\n\nProceeds are earmarked for general working capital, and the securities carry a four-month statutory hold period with no finder's fee paid.\n\nThe offering remains subject to final TSX Venture Exchange acceptance; the micro-cap raise adds modest dilution at a very low share price.","key_figures":{"dealValueUsd":130000,"offeringPrice":0.07,"sharesOffered":1857142},"named_entities":{"people":[{"name":"Michael Forstl","role":"CEO"}],"products":[],"companies":[{"name":"BlockchainK2 Corp.","ticker":"BITK"}],"dollarAmounts":[{"amount":"$130,000","context":"gross proceeds of private placement"},{"amount":"$0.07","context":"price per share of private placement"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-14T12:17:06.843Z","global_importance":5,"audience_relevance":5,"importance_components":{"dealSize":"$130,000","tickerTier":"micro-cap","eventGravity":"micro-cap private placement close","issuerAuthored":true}},"durationMs":4659,"modelName":"glm-5.3-flashx"}}