BTCW:CC - Bitcoin Well Adds Mark Binns as Capital Markets Advisor
(TheNewswire)
Edmonton, Alberta – TheNewswire - April 16, 2024 – Bitcoin WellInc. (“ Bitcoin Well ” or the “ Company ”)( TSXV: BTCW; OTCQB:BCNWF ), the non-custodial bitcoin business on amission to enable independence is pleased to announce that it hasadded Mark Binns as a Capital Markets advisor to the company,effective April 15, 2024.
Mr. Binns has a long history and deep experience in theBitcoin and cryptocurrency markets, and valuable connections in theCanadian and US capital markets, which Bitcoin Well will leverage. Mr.Binns formerly held the positions of CEO at Netcoins, a leadingCanadian cryptocurrency broker, and CEO at BIGG Digital Assets, adiversified public Canadian digital asset company.
“I’m looking forward to working with Mr. O’Brienand the Bitcoin Well team. They are well positioned to take advantageof the crypto bull market setting in, along with the Bitcoin halving,and I look forward to helping them reach their potential.” commentedMr. Binns.
“Working with Mr. Binns will help guide the nextphase of our public markets strategy.” said Adam O’Brien, founder& CEO of the Company. “Mark knows the space, and pace at whichwe need to move in order to properly capitalize on the opportunity athand.”
Stock Option Grant
The Company announces that pursuant to its stock optionplan and subject to regulatory approval, it has granted 500,000incentive stock options to a consultant at an exercise price of $0.12per common share for a two-year term. The securities represented bythis grant will be subject to a four-month hold period.
About Bitcoin Well
Bitcoin Well is on a mission to enable independence. Wedo this by making bitcoin useful to everyday people to give them theconvenience of modern banking and the benefits of bitcoin. We like tothink of it as future-proofing money. Our existing Bitcoin ATM andOnline Bitcoin Portal business units drive cash flow to help fund thismission.
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Bitcoin Well contact information
To book a virtual meeting with our Founder & CEOAdam O’Brien please use the following link: https://bitcoinwell.com/meet-adam
For additional investor & media information, pleasecontact:
Adam O’Brien
Tel: 1 888 711 3866
Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease .
Forward-lookinginformation
Certain statements contained in thisnews release may constitute forward-looking information.Forward-looking information is often, but not always, identified bythe use of words such as "anticipate", "plan","estimate", "expect", "may","will", "intend", "should", or thenegative thereof and similar expressions. All statements herein otherthan statements of historical fact constitute forward-lookinginformation, including but not limited to statements in respect of: Bitcoin Well’s ability toleverage Mr. Binns’ connections in the Canadian and US capitalmarkets ; occurrence of acrypto bull market; Bitcoin Well’s position to take advantage of acrypto bull market and the bitcoin halving; exercise of the options;and Bitcoin Well’s business plans, strategy, and outlook.Forward-looking information involves known and unknown risks,uncertainties and other factors that may cause actual results orevents to differ materially from those anticipated in suchforward-looking information, including but not limited to thefollowing: economic and financial conditions; volatility in thecapital or credit markets; the level of demand and financialperformance of the cryptocurrency and digital asset industry; theoccurrence of force majeure events; the extent to which we aresuccessful in gaining new long-term users or retaining existing users;developments and changes in laws and regulations; disruptions to theCompany’s technology network; competitive factors; and such otherfactors as discussed in the "Risk Factors" section of theCompany’s management's discussion and analysis for the period endedSeptember 30, 2023. BitcoinWell’s actual results could differ materially from those anticipatedin the forward-looking information as a result of the foregoing riskfactors and other factors, many of which are beyond the control ofBitcoin Well.
Bitcoin Well believes that theexpectations reflected in the forward-looking information arereasonable, but no assurance can be given that these expectations willprove to be correct and such forward-looking information should not beunduly relied upon. Any forward-looking information contained in thisnews release represents Bitcoin Well expectations as of the datehereof, and is subject to change after such date. Bitcoin Welldisclaims any intention or obligation to update or revise anyforward-looking information whether as a result of new information,future events or otherwise, except as required by applicablesecurities legislation. For more information, see the Cautionary NoteRegarding Forward Looking Information found in the Bitcoin Wellquarterly Management Discussion and Analysis.
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