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Voyager Digital Announces $1.8mm USD Private Placement

VANCOUVER, British Columbia--(BUSINESS WIRE)--

Voyager Digital (Canada) Ltd. (“Voyager” or the “Company”) (CSE:VYGR) (OTC Pink: VYGVF) (UCD2.F) announces its intention to issue an additional 3,037,500 shares (“Shares”) of the Company at a price of CAD $0.80 per Share, for gross proceeds of CAD $2,430,000 (US$1,827,000) as an extension of its previously announced non-brokered private placement (the “Offering”).

Proceeds from the Offering will be used for continued product development, working capital and general corporate purposes. Thrust Capital, an investor in blockchain projects and companies that have successfully built a user base and have real-world uses for their tokenized ecosystem, joins previous participants in the Offering. Thrust Capital is led by Enzo Villani, an active investor and advisor to blockchain projects, crypto exchanges and digital asset offerings. Since 2006, Enzo has completed over $500 million in acquisitions focused on the investor relations, corporate communications, financial technology, media, and trading exchange industries.

“This investment, the expertise and continued support from our private placement participants will be invaluable as we continue to execute upon our expanded product offering,” said Stephen Ehrlich, CEO of Voyager. “We expect to continue our investment in services and products that more effectively serve those holding and investing crypto-assets, and further establish Voyager as a pioneer of the industry.”

Enzo Villani commented, “Steve and his team are experienced executives with solid track-records in financial technology and trading. We look forward to our partnership with Voyager.”

All securities issued in connection with the Offering will be subject to a hold period under applicable Canadian securities laws expiring four months and one day from issuance.

To be added to the Voyager Digital email distribution list, please email Voyager@kcsa.com with Voyager in the subject line.

About Voyager Digital (Canada) Ltd.

Voyager Digital (Canada) Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers customers best execution and safe custody on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information and to review the latest Corporate Presentation.

About Thrust Capital

Thrust Capital was formed in early 2019 to discover and fund blockchain projects and companies that have successfully built a user-base and have proven uses for their tokenized ecosystem. We are focused on growth capital and acceleration. For more information, please visit www.thrustcapital.com.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.

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