BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of blockchain company, Xapcash Technologies Inc. (“Xapcash”).
“The completion of this acquisition marks a strategic milestone for BTL and the addition of the Xapcash management and blockchain expertise are a perfect compliment to the BTL team.” commented Guy Halford-Thompson, CEO of BTL. “The Xapcash platform will change the way consumers and businesses send money abroad, and allow BTL to penetrate the global remittance market with our blockchain solutions and start building revenues and margin.”
BTL GROUP LTD. (“BTL” or the “Corporation”) (TSX VENTURE:BTL) is pleased to announce the following appointments effective immediately: Mr. Brian Hinchcliffe as Executive Chairman; Mr. Rob Suttie as Chief Financial Officer and Corporate Secretary; and Mr. John Thomson as Lead Director.
Brian Hinchcliffe - Executive Chairman of the Board of Directors
Mr. Hinchcliffe has been a director of the Corporation since its inception and will now act as Executive Chairman. Mr. Hinchcliffe has been involved in projects in the natural resources sector for nearly 20 years and has sat on the board of directors of numerous publicly listed companies. He served as Vice President at Goldman Sachs for ten years before launching an entrepreneurial career. Mr. Hinchcliffe is a co-founder of Kirkland Lake Gold Inc. and previously served as its President and CEO. Mr. Hinchcliffe is currently Executive Chairman and Chief Executive Officer of Belvedere Resources Ltd. and a director of Rupert Resources Ltd., both Exchange listed companies.
Blockchain Tech Ltd (BTL) – a Level39 member, providing blockchain-based solutions for a variety of clients around the globe, was featured in L39’s most recent edition of #MeetourMembers.
Watch CEO Guy Halford-Thompson discuss the varied use of blockchain technology, including the burgeoning fantasy sports sector.
BTL GROUP LTD. (TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has entered into a binding letter of intent dated effective February 16, 2016 (“LOI”) with Xapcash Technologies Inc. (“Xapcash”) to complete a business combination, whereby BTL has agreed, subject to certain conditions, to acquire all of the issued and outstanding securities of Xapcash (the “Transaction”). BTL and Xapcash are working together on new blockchain based remittance products utilizing Xapcash’s front-end remittance product and BTL’s back-end remittance platform (Interbit) to transmit funds globally, efficiently and at significantly reduced costs to users. Of particular importance to the Transaction and the launch of BTL’s blockchain remittance solution is the money service business (MSB) registration that Xapcash has obtained in Canada.
(TSX VENTURE:BTL) (“BTL” or the “Corporation”) is pleased to announce that it has been invited to showcase its blockchain technology at the BC Tech Summit, January 18th & 19th, 2016 in Vancouver, British Columbia. At the Summit, BTL will be launching Interbit, it’s remittance platform, with a live demo showing real-time remittances and displaying the low transaction costs of those remittances. The live Interbit demo will demonstrate the ability of this platform to significantly reduce the cost of remitting funds from Canada to the Philippines and Mexico. In addition, BTL has accepted invitations to meet during the event with a number of companies seeking opportunities to innovate using blockchain technology. BTL seeks to build on its accomplishments by developing strategic business relationships and a client base for its innovative blockchain technologies.
BTL Group Ltd. (“BTL” or the “Corporation”) is pleased to announce that it has established an Advisory Board and that Nicholas Stalder has been appointed as the initial member of the Advisory Board. Mr. Stalder’s appointment as an advisor furthers the commitment of the Corporation to become a world leader in blockchain technologies.
“We welcome Nick Stalder as the initial member of the newly established Advisory Board. Nick has 30 years of experience in the financial services industry, which experience will be valuable to the Corporation as it develops its blockchain and Interbit product solutions,” stated Guy Halford-Thompson, CEO of BTL.
Blockchain Technology LTD (BTL) is excited to announce that they will be sponsoring two seats in the upcoming January session of Launch Academy’s Lean Entrepreneur Program. The Lean Entrepreneur Program provides first-time entrepreneurs and career-changers with the best practices for building a lean startup. This program focuses on what’s essential to you in the first six months of your startup journey.
Blockchain Tech Ltd. (TSXV: BTL) started trading on the TSX Venture Exchange as a wholly-owned subsidiary of BTL Group Ltd. under the symbol BTL, following approval of its qualifying transaction with Capital Pool Company “Northern Aspect Resources”. As part of the transaction, Northern Aspect changed its name to BTL Group and will continue the business of Blockchain.
InvestmentPitch.com has produced a video news alert which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter “BTL Group” in the search box.
BTL Group Ltd. (formerly Northern Aspect Resources Ltd.) (“BTL”), is pleased to announce that it has closed its previously announced qualifying transaction (the “Transaction”) with Blockchain Tech Ltd. (“Blockchain”), a developer of blockchain technologies. As part of the Transaction, BTL changed its name from Northern Aspect Resources Ltd. to BTL Group Ltd. Following completion of the Transaction, Blockchain is now a wholly-owned subsidiary of BTL, BTL intends to meet the listing requirements for a “Tier 2” technology issuer on the TSX Venture Exchange (the “Exchange”) and BTL will continue the business of Blockchain (described in further detail below).
Trading in the common shares of BTL is expected to begin on the TSX Venture Exchange (the “Exchange”) on November 6, 2015 under the symbol “BTL”.
Northern Aspect Resources Ltd. (TSX VENTURE:NTH.H) (“NARL” or the “Corporation”), a capital pool company, is pleased to announce that it has entered into a binding definitive share exchange agreement dated August 31, 2015 (the “Definitive Agreement”) with Blockchain Tech Ltd. (“BTL”), to provide for the completion of a business combination with BTL (the “Transaction”), as more particularly described below. The Transaction was initially announced in a NARL press release dated June 17, 2015, indicating NARL and BTL had entered into a binding letter of intent in respect of the Transaction.
The Transaction is subject to a number of terms and conditions as set forth in the Definitive Agreement, including (among other things) the approval of the TSX Venture Exchange (the “Exchange”). If completed, the Transaction will constitute the “Qualifying Transaction” of NARL, as such term is defined in Policy 2.4 of the Exchange.
CALGARY, ALBERTA–(Marketwired - Aug. 11, 2015) -
(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)
Northern Aspect Resources Ltd. (NEX:NTH.H) (the “Corporation”), a capital pool company, is pleased to confirm the terms of its previously announced brokered private placement (the “Private Placement”). Further to the Corporation’s press release dated July 13, 2015, the Corporation has engaged M Partners Inc. to act as agent on a commercially reasonable best efforts basis in connection with a proposed brokered private placement of a minimum of 1,400,000 subscription receipts and a maximum of 2,000,000 subscription receipts of the Corporation (“Subscription Receipts”) at a price of CAD$0.50 per Subscription Receipt for minimum gross proceeds of CAD$700,000 and maximum gross proceeds of CAD$1,000,000.
CALGARY, ALBERTA–(Marketwired - June 29, 2015) -
(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)
Northern Aspect Resources Ltd. (NEX:NTH.H) (the “Corporation”), a capital pool company, announces that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 2,000,000 common shares (“Common Shares”) of the Corporation at a price of $0.15 per share for gross proceeds of up to $300,000. The net proceeds of the Private Placement will be used with a view to completing a “Qualifying Transaction” and for general working capital purposes.
The Private Placement is anticipated to close in July 2015; however, completion is subject to certain conditions, including approval of the NEX Board of the TSX Venture Exchange (the “NEX”) to the listing of the Common Shares on the NEX. The Common Shares will be subject to a hold period ending four months and a day from the date of closing.