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Digital Commodities Inc. — Capital/Financing Update 2023
Feb 3, 2023
43345_rns_2023-02-03_35a25329-77a8-42a5-87d0-de246cc87ad2.pdf
Capital/Financing Update
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| Form 51-102F3 | ||
|---|---|---|
| Material Change Report | ||
| Item | 1 | Name and Address of Company |
| The BC Bud Corporation (the**“Company”**) | ||
| Suite 2080-777 Hornby Street | ||
| Vancouver, British Columbia | ||
| V6Z 1S4 | ||
| Item | 2 | Date of Material Change |
| February 2, 2023 | ||
| Item | 3 | News Release |
| A news release was disseminated on February 2, 2013 through the facilities of Cision. | ||
| Item | 4 | Summary of Material Change |
| The Company has closed a non-brokered private placement (the “Placement”) raising | ||
| gross proceeds of $340,000 through the issuance of 6,800,000 units (each a “Unit”). | ||
| Item | 5 | Full Description of Material Change |
| The Company has completed the Placement. |
| The Placement consists of an aggregate of 6,800,000 Units at a price of $0.05 per Unit | ||
|---|---|---|
| generating gross proceeds of $340,000. Each Unit comprised one common share of the | ||
| Company plus one share purchase warrant (a “Warrant”). Each Warrant entitles the | ||
| holder to acquire one common share of the Company at an exercise price of $0.15 per | ||
| share until February 2, 2025. | ||
| All securities issued in the Placement are subject to a hold period in Canada expiring on | ||
| June 3, 2023. | ||
| Item | 6 | Reliance on subsection 7.1(2) or (3) of National Instrument 51-102 |
| This Report is not being filed on a confidential basis in reliance on subsection 7.1(2) or | ||
| (3) of National Instrument 51-102. | ||
| Item | 7 | Omitted Information |
| No information has been omitted on the basis that it is confidential information. | ||
| Item | 8 | Executive Officer |
| Brayden Sutton is knowledgeable about the material change and the Report and may be | ||
| contacted (778) 656-0377. | ||
| Item | 9 | Date of Report |
| February 3, 2023 |
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