Spirit Blockchain Announces Adjustment to Terms of Strategic Investment in InvestDEFY Technologies

Vancouver, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (CSE: SPIR) (the “Company” or “Spirit”), a leading digital asset investment firm, reports that, further to its press release dated February 6, 2023, it has reached a mutual agreement with InvestDEFY Technologies Inc. (“InvestDEFY”), a full stack AI platform that powers unique structured products for the digital asset space, to settle the cash component of the consideration in common shares of the Company (the “Common Shares”) in order to increase InvestDEFY’s equity position in Spirit. Accordingly, the Company will issue an aggregate of ‎4,275,000 Common Shares to InvestDEFY at a price of $0.05 per Common Share on October 20, 2023 in accordance with the policies of the Canadian Securities Exchange.

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