August 24, 2022 15:18 ET | Source: Spirit Blockchain Inc.
VANCOUVER, British Columbia, Aug. 24, 2022 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (the “Company” or “Spirit”), a Canadian company that offers shareholders diversified exposure to the Blockchain and crypto industry, is pleased to announce that it has filed its long form prospectus dated August 8, 2022, which was receipted by the British Columbia Securities Commission and Ontario Securities Commission on August 9, 2022. Spirit’s common shares (the “Shares”) have been approved for listing on the Canadian Securities Exchange (“CSE“), subject to customary listing conditions.
The Company anticipates the Shares will commence trading in September 2022 and will update the market pending confirmation of a listing date from the CSE.
Listing of Spirit on the CSE is a key strategic goal for the Company and is expected to improve Spirit’s ability to raise capital, create partnerships, and execute on its wider business strategy.
“I’m excited that the Company has been approved by the CSE, and am looking forward to growing the business as a public company, with all the opportunities that brings” stated Spirit’s Founder and CEO, Erich Perroulaz. “Being listed will provide more opportunities in the fast growing Blockchain industry. Decentralized Digital Assets are still relatively new and will change the process of how people and corporations interact with each other. There is a bright future ahead in this sector.” continued Mr. Perroulaz.
The Company will be capitalizing on this momentum and continue to drive towards accomplishing major milestones, including closing a Streaming and Royalty deal with a North American Bitcoin Miner and launching its own Validator Node on the Avalanche network.
Antony Turner, COO, noted “We are looking forward to going public as global markets and the ecosphere start their recovery. We’re confident that the crypto market has reached its bottom, and are bullish that new highs will be seen in the next 12 months.”
The securities being referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the U.S. or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Spirit Blockchain Capital Inc.
Spirit is a Canadian-Swiss group operating in the blockchain and digital asset sectors with the primary goal of creating value in a rapidly growing environment through recurring cash flows and capital appreciation.
Spirit provides investors with direct exposure to the sector, without the technical complexity or constraints of purchasing and holding the underlying crypto assets. Spirit’s strategy is based upon management’s conviction that the blockchain and digital asset ecosystem will provide significant growth and outperform traditional asset classes over the medium to long-term.
The Company’s strategy focuses on four complimentary economic units:
- Royalties & Streams by lending capital to blockchain ecosystem participants, where repayment of the notional and interest takes place in the form of crypto assets;
- Advisory & Research Services;
- Treasury management through investment in major crypto assets with cold storage in Switzerland; and
- Providing IT Solutions to the sector in the areas of Compliance, AML, Forensics and Risk Reporting.
For additional information, please contact:
Erich Perroulaz, Founder & CEO