Bitcoin Well Announces Shares for Debt
EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), publicizes a shares for debt association.
Shares for Debt
The Firm plans to subject 1,152,273 Widespread Shares having an mixture worth of $63,375 associated to the stability of the earn-out on the Equibytes acquisition, beforehand introduced on September 8, 2021. The Widespread Shares will likely be issued at a deemed value of $0.055 per Widespread Share, being equal to the closing buying and selling value of the Widespread Shares on the TSXV on the date of this information launch. The issuance of the Widespread Shares is topic to the approval of the TSXV, and such Widespread Shares will likely be topic to a four-month plus at some point maintain interval pursuant to TSXV insurance policies.
About Bitcoin Well
Bitcoin Well is within the enterprise of future-proofing cash. We do that by making bitcoin helpful to on a regular basis folks to provide them the comfort of recent banking and the advantages of bitcoin. Our current Bitcoin ATM and Private Companies enterprise unit drives cash-flow to assist fund this mission.
Be part of our investor neighborhood and comply with us on Nostr, LinkedIn, Twitter and YouTube to maintain updated with our enterprise.
Bitcoin Well contact data
To e book a digital assembly with our Founder & CEO Adam O’Brien please use the next hyperlink: https://bitcoinwell.com/meet-adam
For added investor & media data, please contact:
Tel: 1 888 711 3866
ir@bitcoinwell.com
Neither TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.
Ahead-looking data
Sure statements contained on this information launch might represent forward-looking data. Ahead-looking data is commonly, however not at all times, recognized by way of phrases reminiscent of “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, or the detrimental thereof and related expressions. Ahead-looking data includes recognized and unknown dangers, uncertainties and different components that will trigger precise outcomes or occasions to vary materially from these anticipated in such forward-looking data.
Bitcoin Well precise outcomes may differ materially from these anticipated on this forward-looking data because of regulatory selections, aggressive components within the industries through which Bitcoin Well operates, prevailing financial circumstances, and different components, a lot of that are past the management of Bitcoin Well.
Bitcoin Well believes that the expectations mirrored within the forward-looking data are cheap, however no assurance will be provided that these expectations will show to be appropriate and such forward-looking data shouldn’t be unduly relied upon.
Any forward-looking data contained on this information launch represents Bitcoin Well expectations as of the date hereof, and is topic to alter after such date. Bitcoin Well disclaims any intention or obligation to replace or revise any forward-looking data whether or not because of new data, future occasions or in any other case, besides as required by relevant securities laws.
For extra data, see the Cautionary Notice Relating to Ahead Trying Data discovered within the Bitcoin Well quarterly Administration Dialogue and Evaluation.
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