Belgravia Hartford Announces 100% Bitcoin Directed $10M CAD Private Placement Financing to Accelerate Growth of Bitcoin Treasury Holdings

Rhea-AI Summary

Belgravia Hartford Capital (OTC:BLGVF) has announced a non-brokered private placement offering to raise up to CAD $10 million through the issuance of 40 million units at C$0.25 per unit. Each unit includes one common share and half a warrant, with each full warrant exercisable at C$0.50 for 12 months.

The company plans to use 100% of the proceeds to purchase Bitcoin, aligning with its strategic objective of building a Bitcoin treasury. The warrants include an acceleration clause triggered if the stock price exceeds C$0.75 for 10 consecutive trading days. Company insiders may participate in the offering, which will be subject to a four-month statutory hold period.

Positive

• 100% of proceeds dedicated to Bitcoin purchases, showing clear strategic focus
• Potential for warrant acceleration if share price exceeds C$0.75, indicating upside potential
• No finder's fees assigned, reducing offering costs

Negative

• Significant dilution through issuance of 40 million new units
• High concentration risk by allocating all proceeds to Bitcoin
• Related party transaction through insider participation may raise governance concerns

Toronto, Ontario--(Newsfile Corp. - June 24, 2025) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) (OTC Pink: BLGVF) (FSE: ECA) ("Company" or "Belgravia") is pleased to announce a non-brokered private placement of up to 40,000,000 units of the Company (each a "Unit") at a price of C$0.25 per Unit for aggregate proceeds of up to CAD $10,000,000 (the "Offering").

Each Unit will consist of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of C$0.50 per share for a period of 12 months from the date of issuance. The Warrants will be subject to an acceleration clause whereby, if the closing price of the Common Shares on the Canadian Securities Exchange ("CSE") is greater than C$0.75 for a period of ten (10) consecutive trading days, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof. In such case, the Warrants will expire thirty (30) days after the date of such notice.

100% of the proceeds of this offering will be used exclusively to purchase Bitcoin, in line with Belgravia's strategic objective of building a strong Bitcoin treasury.

There are no finders fees assigned to this offering.

It is expected that certain Insiders (as such term is defined under the policies of the CSE of the Company may participate in the Offering. The participation by Insiders in the Offering will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under subsections 5.5(a) and 5.7(a) of MI 61-101 on the basis that as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Offering, insofar as it involves related parties, will exceed 25% of the Company's market capitalization.] The Offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.

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For more information, legal disclaimer and about Belgravia Hartford please visit www.belgraviahartford.com

For More Information, Please Contact:

Mehdi Azodi, President & CEO
Belgravia Hartford Capital Inc.
(416) 779-3268
mazodi@blgv.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256612

FAQ

How much is Belgravia Hartford (BLGVF) planning to raise in their private placement?

Belgravia Hartford is planning to raise up to CAD $10 million through a private placement offering of 40 million units at C$0.25 per unit.

What will BLGVF use the proceeds from the private placement for?

The company will use 100% of the proceeds exclusively to purchase Bitcoin as part of their strategic objective to build a Bitcoin treasury.

What are the terms of the warrants in BLGVF's private placement?

Each unit includes a half-warrant, with each full warrant exercisable at C$0.50 for 12 months. Warrants include an acceleration clause if shares trade above C$0.75 for 10 consecutive trading days.

Are company insiders participating in BLGVF's private placement?

Yes, certain insiders may participate in the offering, which constitutes a related party transaction under MI 61-101, though the company plans to rely on exemptions from formal valuation and minority shareholder approval requirements.

What is the holding period for securities issued in BLGVF's private placement?

All securities issued in the offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.