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Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - Digital Commodities Capital Corp. (CSE: RIPP) (OTCQB: DGCMF) (FSE: W040) ("Digital Commodities" or the "Company") is pleased to announce that it has entered into a binding letter of intent (the "LOI") with Vancrypto Inc. ("Vancrypto") to establish a non-exclusive facility (the "Facility") through which the Company may, from time to time and at its discretion, acquire Bitcoin directly from Vancrypto in exchange for cash or securities of the Company. Vancrypto, a privately held company, operates a cryptocurrency mine in Western Canada that is powered entirely by renewable energy.
The Facility provides a flexible structure for the Company to execute Bitcoin acquisitions on a drawdown basis, with pricing to be determined at the time of each transaction. Each drawdown will be subject to customary due diligence and will comply with all applicable Canadian securities laws and the policies of the Canadian Securities Exchange (the "CSE").
"This facility reflects our strategic focus on gaining scalable and compliant access to Bitcoin markets," said Brayden Sutton, CEO of Digital Commodities. "Vancrypto brings robust operational capability, and we are pleased to align with a partner that shares our long-term conviction in Bitcoin as a core digital commodity. We believe this arrangement enhances our ability to be opportunistic in a fast-evolving market."
The LOI is expected to remain in effect for a period of 24 months, unless earlier terminated by either party in accordance with its terms. The Company may elect to negotiate and enter into a more detailed definitive agreement.
Any securities of the Company issued in connection with the Facility will be subject to a statutory four month and one day hold period, in accordance with applicable securities laws, and a concurrent four month hold period imposed under CSE policies, in each case, commencing on the date of issuance.
About Digital Commodities Capital Corp.
Digital Commodities Capital Corp. is an investment issuer that invests in digital and physical non-fiat assets, businesses and both private and publicly listed entities involved in high-growth industries, with a particular focus on hard commodities, cryptocurrencies and the resource sector.
On behalf of the board of directors of Digital Commodities
Brayden Sutton
Chief Executive Officer and Director
Investor Relations
Phone: (778)-656-0377
Email: [email protected]
Web: www.digitalcommodities.com
Disclaimer
Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements relating to the LOI with Vancrypto; that future drawdowns will be subject to customary due diligence and comply with all securities laws and CSE policies; that the arrangement with Vancrypto enhances the Company's ability to be opportunistic in a fast evolving market; the term of the LOI; and that the Company may elect to negotiate and enter into a more detailed definitive agreement.
In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the LOI with Vancrypto will result in the expected benefits; that the Company will complete customary due diligence prior to each drawdown; that the LOI will not be terminated early; that the arrangement will enhance the Company's ability to be opportunistic in a fast evolving market; and that the parties will negotiate and enter into a more detailed definitive agreement.
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things that the LOI will fail to result in the expected benefits; that the Company will fail to complete due diligence prior to each drawdown, which may result in compliance issues with its Bitcoin purchases under the LOI; that the LOI is terminated early; that the arrangement will fail to enhance the Company's ability to be opportunistic in a fast evolving market; adverse changes to the cryptocurrency industry; adverse changes to cryptocurrency regulations; general economic, market or business conditions; uninsured risks; other regulatory changes; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254922
