Alexandra Announces LOI, Private Placement

Vancouver, BC – November 10, 2017 – Alexandra Capital Corp. (CSE: AXC) (“Alexandra” or the “Company”) is pleased to announce that it has entered into a non-binding Letter of Intent (“LOI”) with WMC ApS (“WMC”), a private Danish company based in Copenhagen which has developed and operates a platform (the “Technology”) for trading digital assets including digital currencies. The LOI provides for the grant by WMC to the Company of an exclusive license to use, market, sub-license, sell and distribute the Technology in Canada and the United States of America.

The Company also announces that it has arranged a non-brokered private placement of 5,000,000 common shares at a price of $0.10 per common share, for gross proceeds of $500,000.00. The private placement is subject to regulatory approval.

The proceeds of the private placement will be used for working capital.

A Finder’s fee is payable on a portion of the private placement, in shares equal to 10% of the amount placed by the finder.

All securities issued in the private placement will be subject to a four month hold period.



Blake Olafson
President and CEO

For further information contact:

Ms. Vivian Katsuris
CFO and Secretary
+1 (604) 729-2500

(Not for dissemination in the United States of America)

pdfNews release on pdf

SB Property

The Southern Belle Property is an exploration target for low sulphidation epithermal precious metal mineralization. It consists of 8 claims totaling 3,517 hectares and is approximately 25 kilometres west of Merritt, British Columbia with competent road access.

Read more