Eventchain Smartticket Service secures financing

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By Ted Liu

Eventchain Smartticket Service Ltd., a Vancouver based blockchain secured event ticketing service provider, has secured an initial round of private financing raising $808,733.50 from 19 BC, Alberta, US and UK investors. The company issued 3,234,934 units priced at $0.25 per unit. Each unit consists of one commons are and one common share purchase warrant entitling the holder to acquire one additional common shares at $0.75 until December 31, 2019.

Echelon Wealth Partners Inc. acted as placement agent. DuMoulin Black LLP acted as legal counsel.

Eventchain Smartticket Service is led by [mepr-active rule=”374″ ifallowed=”hide”]#Subscribers ONLY – where and how did you get your news? Subscribe today to see our research on this and all other subscriber ONLY news. Be informed!#[/mepr-active][mepr-active rule=”374″]Lance Shaler (COO and Chairman and also CEO of Click4Time Software Inc.), and Ashton Addison (CEO), with Jay Addison (CTO of Click4Time) making up of the three-member board of directors.[/mepr-active]

photo credit: Eventchain Smartticket Service