The offering, previously announced, involves a combination of units and common shares priced at $0.015 per unit/share, aiming to raise up to $2,250,000 in gross proceeds. Each unit will include one share and one common share purchase warrant. Each warrant allows the holder to buy one share for $0.05 within 60 months from the warrant’s issue date.
A.C.N. 117 402 838 PTY LTD, a company with 50% interests held by both David Jellins, CryptoStar’s President and CEO and a director, and Amelia Jones, Chief Commercial Officer and a director, intends to acquire up to 102,624,235 shares under the offering. This makes the offering a “related party transaction” under Multilateral Instrument 61-101, but it is exempt from the instrument’s formal valuation and minority shareholder approval requirements because the value of shares and consideration paid by the insiders does not exceed 25% of the company’s market capitalization.
The TSXV must approve the offering. Securities issued will be subject to a four-month hold period, following securities laws and TSXV policies. CryptoStar plans to allocate the offering’s net proceeds to business operations, digital infrastructure expansion, and working capital, with a focus on emerging high-performance computing (HPC) and artificial intelligence (AI) data center opportunities.
The company is also exploring strategic initiatives that align with the convergence of blockchain, HPC, and AI technologies to foster sustainable growth and innovation. The bolstered balance sheet is expected to provide CryptoStar with more flexibility in managing its operations and pursuing future growth. Finder’s fees may be paid to eligible parties, pending TSXV approval and compliance with securities laws.
Further details about the offering can be found in CryptoStar’s news release dated October 15, 2024, on its SEDAR+ profile.
This announcement does not constitute an offer to sell or a solicitation to buy securities in any jurisdiction where such actions would be unlawful. The securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.
CryptoStar Corp. operates cryptocurrency mining facilities in the U.S. and Canada, aiming to be a low-cost producer in North America and a global supplier of GPU and ASIC miners.
David Jellins, President and Chief Executive Officer and a director of the Company and Amelia Jones, Chief Commercial Officer and a director of the Company
Source: CryptoStar Corp.
, 2025 — Leads & Copy —
CAT DEFI has launched a new intelligent Web3 financial system that deeply integrates AI technology, an on-chain transparency framework, and automated execution mechanisms. The goal is to deliver enhanced security, traceability, and a more intelligent system interaction experience for users amid the accelerating evolution of global digital finance.
The company said that its core engine, powered by AI, can analyze market conditions, user behavior, and predictive models in real time, enhancing the system’s operational efficiency and overall intelligence. Industry observers widely view this technological integration as an important milestone in advancing Web3 intelligent financial infrastructure.
CAT DEFI touts the following core technological values:
-
Multi-Technology Integrated Intelligent System: The platform combines blockchain with artificial intelligence, enabling automated processes, strategic assistance, and real-time monitoring—allowing users to better understand how assets operate on-chain.
-
High Transparency Enabled by Blockchain: All key operations are verifiable on-chain and cannot be altered, strengthening the foundation of trust throughout the system.
-
AI-Assisted Risk Monitoring: The system continuously observes market movements using AI and offers alerts when necessary, helping users make better-informed decisions in complex conditions.
-
Web3 Participation Toolkit: CAT DEFI provides intelligent analytics, automated contract execution, and on-chain interaction tools, making it easier for newcomers to engage with the Web3 ecosystem.
-
Compliance Advantages Under the UK Regulatory Environment: Operating under the UK’s regulatory framework enhances the platform’s credibility and supports its expansion across European markets.
CAT DEFI’s intelligent architecture enables more efficient data processing, clearer operational logic, and more reliable system execution—pushing Web3 infrastructure toward greater maturity as users place increasing emphasis on transparency, verifiability, and structured execution.
CAT DEFI is offering new users a welcome reward to explore platform features, which is intended to help them understand the system’s tools and how they operate.
CAT DEFI focuses on building an intelligent, transparent, and structured Web3 financial infrastructure and enhances system decision-making with AI and improves transparency through blockchain, setting a new technical standard for Web3 financial systems.
As the global digital economy continues expanding, the company expects such verifiable and intelligent systems to play a key role in future innovation.
CAT DEFI
info@catdefi.com
Source: CAT DEFI
