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Cypher Metaverse Inc. (BKLLF) delivers strategic investments in transformative technologies shaping the digital future. This dedicated news hub provides investors and industry observers with essential updates on the company's activities across blockchain infrastructure, fintech innovation, and metaverse development.
Access real-time announcements including earnings disclosures, strategic partnerships, and technology milestones. Our curated feed ensures you never miss critical updates about private placements, share structure adjustments, or emerging digital initiatives that define BKLLF's market position.
Bookmark this page for direct access to verified press releases and objective reporting on Cypher Metaverse's progress in identifying high-potential opportunities within fast-evolving tech sectors. Regular updates provide insights into how the company maintains financial agility while supporting next-generation digital experiences.
Cypher Metaverse Inc. (CSE:CODE) has announced the appointment of Jake Chernoff as technology consultant to guide the development of its holdings. Chernoff brings nearly a decade of experience in cryptocurrency, blockchain technology, and digital metaverse, specializing in early-stage investments and capital deployment.
The company plans to launch a luxury lounge experience within its Metaverse property holdings in early 2025. This virtual lounge represents the first step in Cypher's broader strategy to create lasting value in the Metaverse, with potential expansions into NFTs, AI Agents, and community-driven projects like memecoins.
Cypher Metaverse has announced a debt settlement agreement through the issuance of 543,079 common shares at $0.70 per share, totaling $380,155.54. Of these shares, 107,057 will be issued to three directors and officers as part of a related party transaction. The shares will be subject to a 4-month restricted hold period and exchange approval. The company is utilizing exemptions under MI 61-101 as the fair market value of the shares being issued represents less than 25% of the company's market capitalization.
Cypher Metaverse Inc. (CSE:CODE) has announced its intention to proceed with a share consolidation on a 15:1 ratio, as approved by shareholders on September 30, 2024, and confirmed by the Board of Directors on October 16, 2024. The consolidation will reduce the company's outstanding shares from 21,529,143 to 1,435,276, assuming no other changes in issued capital.
The company will also consolidate its outstanding warrants on the same 15:1 ratio, adjusting the exercise price accordingly. This move aims to provide Cypher Metaverse with increased flexibility for seeking additional financing opportunities. The consolidation is subject to approval from the Canadian Securities Exchange. The company's shares currently remain halted.
Cypher Metaverse Inc. (CSE:CODE, FSE:C5B, OTCQB:BKLLF) has completed its non-brokered private placement financing. The company raised a total of $159,525.20 by issuing 1,876,767 Units, with the final tranche bringing in $5,100 through the sale of 60,000 Units. Each unit comprises one common share and one common share purchase warrant at $0.085. The warrants allow holders to purchase an additional common share at $0.15 for two years, with an acceleration option if the share price reaches $0.20 for 10 consecutive days. Securities from this final tranche have a statutory hold period until February 10, 2025. Cypher plans to use the proceeds for general working capital and to finance the acquisition of Agape Luxury Brands Inc.
Cypher Metaverse Inc. (CSE:CODE) has completed the second closing of its private placement, raising $50,975 by issuing 599,706 units at $0.085 per unit. Each unit includes one common share and one warrant, exercisable at $0.15 for two years. The company paid $1,253.75 in finder's fees.
Securities from this tranche have trading restrictions until January 19, 2025. Proceeds will be used for general working capital and to finance the acquisition of Agape Luxury Brands Inc. Additionally, Harrison Ross has resigned as a Director, with Michael Hopkinson appointed to the Board effective August 16, 2024.
Cypher Metaverse Inc. (CSE:CODE) has provided an update on its previously announced business combination with Agapi Luxury Brands Inc. The transaction is expected to be completed through a share exchange, making Agapi a wholly-owned subsidiary of Cypher. Key conditions for the transaction include:
1. Completion of financing to provide sufficient working capital
2. CSE approval for listing the shares of the resulting issuer
Trading of CODE Common Shares on the CSE remains halted pending review and satisfaction of conditions. An updated circular reflecting Agapi's progress and business plan will be filed shortly. Cypher focuses on early-stage investments in emerging technology sectors, including blockchain, fintech, and the metaverse.
Cypher Metaverse Inc. (CSE:CODE) has announced a non-brokered private placement to raise up to $1,000,000. The company will issue up to 11,764,705 units at $0.085 per unit, each consisting of one common share and one warrant. Warrants allow holders to purchase an additional share at $0.15 for 2 years, with an acceleration option. The first closing has been completed, raising $115,350 from 1,357,061 units. Proceeds will be used for working capital and the acquisition of Agape Luxury Goods Inc. Qualified finders may receive up to 8% in cash and warrants.
