NEW YORK, March 22, 2022 (GLOBE NEWSWIRE) — Bubblr Inc., (OTC PINK: BBLR), the technology company developing Web 3 Open Source tools, today announced the completion of its preferred equity subscriptions with GHS Investments and Proactive Capital Partners. In addition, Bubblr has signed a new equity line agreement with GHS Investments for $15 million, replacing a previous $10 million equity line from White Lion Capital.
Bubblr’s Chief Executive Officer, Rik Willard, commented, “Our new equity partnership with GHS, and the addition of Proactive Capital as an investor, provides access to capital for the rapid acceleration of our program in 2022, adding depth and momentum to our mission to transform how the world conceives of, creates, and engages with a more equitable Internet.”
The investments will be used to drive company growth, add executive talent, and list on the OTCQB. Further information regarding the Financing Documents can be found in Bubblr’s Form 8-K on file with the Securities Exchange Commission.
About Bubblr, Inc.
Bubblr, Inc. is an ethical technology company focused on mobile-first technology that aims to bring back privacy to users, trust in online content, and sustainability to the digital marketplace. Our mission is to empower developers to join in our commitment to improve the Internet and create a new Ethical Internet Ecosystem (EIE) by leveraging our intellectual property through our open-source platform advanced digital tools that enable the building of fair-forward digital solutions. For more information, visit https://www.bubblr.com.
