12 April 18
"OpenPort actively seeking investors for blockchain transport technology reverse takeover - CEO
OpenPort, a Hong Kong-based global blockchain transport management technology company, is actively seeking investors for its reverse takeover (RTO) of Canada’s Canoe Mining Ventures [TSX:CLV], said Chief Executive Officer Max Ward.
The company, which is raising USD 10m via a convertible note, has raised USD 3m so far and expects to complete the raise in the next three months and to list on the TSX in June, Ward said.
Queensland-based corporate advisory firm BlueMount Capital in Australia and Louisville, Kentucky-based IronClad Capital in the US are assisting with the fundraising, but OpenPort is interested to hear from other advisors that can bring investors, Ward said. It is specifically pitching to investors in Australia, the US, Canada, the Philippines, Hong Kong, Singapore, India, China, Pakistan, and the Middle East."
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