Subject: News release: World Blockchain Corp.
PDF Document
File: Attachment 20260603_Corrected_Press_Release.pdf
World Blockchain Corp.
(formerly "Cascadia Blockchain Group Corp.")
World Blockchain Corp. Announces Correction to Previously
Private Placement Announced Financing
VANCOUVER, B.C. June 3, 2026 - World Blockchain Corp. (the "Company" or "WBG") (CSE: WBG) wishes
to clarify and correct certain information contained in its news release dated May 28, 2026 announcing a
proposed non-brokered private placement financing.
The Company advises that the subscription price disclosed in the May 28, 2026 news release was
incorrect. The correct subscription price is $0.016 per common share, not $0.16 per common share.
Accordingly, the Company intends to undertake a private placement financing (the "Financing") to raise
gross proceeds of up to $300,000 through the issuance of up to 18,750,000 common shares at a price of
$0.016 per share. The closing shall occur on a date to be determined by the Company in its sole discretion.
All securities issued in connection with the Financing are subject to a statutory hold period expiring four
months and one day after the closing of the Financing. Completion of the Financing remains subject to
receipt of all necessary regulatory approvals.
The Company intends to use the proceeds of the Financing towards general working capital and to explore
business opportunities.
Except as expressly set forth herein, all other information contained in the Company's May 28, 2026 news
release remains unchanged.
None of the securities issued have been registered under the United States Securities Act of 1933, as
amended (the "1933 Act"), and none of them may be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of the 1933 Act. This press
release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of
the securities in any state where such offer, solicitation, or sale would be unlawful.
For further information, please contact:
Hanxuan Wu
Director
info@worldblockchain.group
www.worldblockchain.group
The CSE does not accept responsibility for the adequacy or accuracy of this release.
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