BANXA Completes $15 Million Brokered Private Placement

April 08, 2021

Banxa Holdings Inc. (TSX-V: BNXA) (“BANXA”), a payment services provider facilitating the conversion of fiat currency to digital currency, completed a brokered private placement of units for aggregate gross proceeds of approximately $15,000,000 (the “Offering”).

The Offering was conducted by a syndicate of agents including Stifel GMP and Eight Capital, as co-lead agents, and PI Financial Corp.

Wildeboer Dellelce LLP acted for the agents in connection with the Offering with a team comprised of Geoffrey Cher, Jeff Bookman and Brendan Wu (Corporate/Securities).