Bitcoin Well Announces Shares for Debt

Bitcoin Well Announces Shares for Debt

Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV:BTCW; OTCQB:BCNWF ), announces a shares for debt arrangement.

Shares for Debt

The Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced on September 8, 2021 . The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies.

About Bitcoin Well

Bitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission.

Join our investor community and follow us on Nostr , LinkedIn , Twitter and YouTube to keep up to date with our business.

Bitcoin Well contact information

To book a virtual meeting with our Founder & CEO Adam O'Brien please use the following link: https://bitcoinwell.com/meet-adam

For additional investor & media information, please contact:
Tel: 1 888 711 3866
ir@bitcoinwell.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release   .

Forward-looking information
Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions.   Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.

Bitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well.

Bitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be   correct   and such forward-looking information should not be unduly relied upon.

Any forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

For more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

BTCW:CC
Bitcoin Well

Bitcoin Well Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Bitcoin Well (TSXV:BTCW)

Bitcoin Well


Keep reading...Show less
Bitcoin Well Announces Bitcoin Purchase and Brokered Private Placement Offering of Up to $2.0 Million of Convertible Debenture Units Led by Haywood Securities Inc. with $500,000 of Insider Participation

Bitcoin Well Announces Bitcoin Purchase and Brokered Private Placement Offering of Up to $2.0 Million of Convertible Debenture Units Led by Haywood Securities Inc. with $500,000 of Insider Participation

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence, is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (" Haywood ") to act as lead agent and sole bookrunner, together with a syndicate of agents (the " Agents "), in connection with a best-efforts private placement of up to approximately $2,000,000 convertible debenture units (the " Debenture Units ") at a price of $1,000 per Debenture Unit (the " Offering "). Each Debenture Unit shall consist of: (i) one 8% $1,000 principal amount unsecured convertible debenture (each, a " Debenture "); and (ii) 4,347 common share purchase warrants of the Company (each, a " Warrant ").

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Bitcoin Well Provides Update to the Bitcoin Super Company Vision and Bitcoin Reserve Fund

Bitcoin Well Provides Update to the Bitcoin Super Company Vision and Bitcoin Reserve Fund

(TheNewswire)

Bitcoin Well Inc.

Edmonton, Alberta November 14, 2024 TheNewswire - Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence announces an update to the Bitcoin Super Company vision and a strategic bitcoin reserve fund.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Bitcoin Well Reports Q3 2024 Financial Results; Revenue Increased 57% Year Over Year

Bitcoin Well Reports Q3 2024 Financial Results; Revenue Increased 57% Year Over Year

(TheNewswire)

Bitcoin Well Inc.

Edmonton, Alberta TheNewswire - November 12, 2024 Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence, today announced financial and operating results for the third quarter and nine months ended September 30, 2024.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Bitcoin Well Achieves Record Active Users and Number of Transactions on the Bitcoin Portal in October

Bitcoin Well Achieves Record Active Users and Number of Transactions on the Bitcoin Portal in October

(TheNewswire)

Bitcoin Well Inc.

Edmonton, Alberta TheNewswire - November 4, 2024 Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence, announces +18% month over month growth in their active user rate, while processing nearly 5,000 revenue generating transactions, the highest number on the Bitcoin Portal in a single month.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Bitcoin Well Infinite Launches OTC Service In Multiple Countries Through A Strategic Partnership

Bitcoin Well Infinite Launches OTC Service In Multiple Countries Through A Strategic Partnership

(TheNewswire)

Bitcoin Well Inc.

New partnership enables Bitcoin Well Infinite to offer White Glove OTC Services to individuals for transactions of $50,000 and higher.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
CHARBONE Hydrogen Announces Receipt of $371,150 from warrant exercises and Other Corporate Updates

CHARBONE Hydrogen Announces Receipt of $371,150 from warrant exercises and Other Corporate Updates

(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Québec TheNewswire - December 13, 2024 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's only publicly traded pure-play green hydrogen company, is pleased to announce that it has received $371,150 from the exercise of warrants expiring in December 2024 as well as February 2025.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Charbone Hydrogene annonce la reception de 371 150 $ provenant de l'exercice de bons de souscription et d'autres mises a jour corporatives

Charbone Hydrogene annonce la reception de 371 150 $ provenant de l'exercice de bons de souscription et d'autres mises a jour corporatives

(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Québec TheNewswire - le 13 décembre 2024 - CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule société d'Amérique du Nord cotée en bourse spécialisée dans l'hydrogène vert, est heureuse d'annoncer qu'elle a reçu 371 150 $ provenant de l'exercice de bons de souscription expirant en décembre 2024 ainsi qu'en février 2025.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

Veritiv Completes Acquisition of Orora Packaging Solutions

Veritiv Operating Company, a leader in specialty packaging distribution, today announced it has completed its acquisition of Orora Packaging Solutions (OPS). 1

On September 3, 2024 , Veritiv announced it had entered into a binding agreement with Orora (ASX: ORA) to acquire their North American packaging and distribution business Orora Packaging Solutions.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
Troy Minerals Submits Drilling Permit Application for Table Mountain Silica Project, British Columbia

Troy Minerals Submits Drilling Permit Application for Table Mountain Silica Project, British Columbia

Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce the submission of a drilling permit application for the Table Mountain Silica Project in British Columbia. This key milestone supports Troy's strategic plan to evolve from an exploration-focused company into a revenue-generating mining operation, with production anticipated in the near term

The permit application details a comprehensive drilling program, requesting approval for a program involving up to 34 drill holes in 2025, totaling approximately 1,700 meters of drilling in the first year, and an additional 20 holes planned in subsequent years, bringing the total to approximately 2,700 meters over the proposed five-year period, with provisions for additional exploration activities as needed. This phased approach enables Troy to methodically advance the Table Mountain project, ensuring alignment with both operational goals and market demand.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Hempalta Corp. Completes 100% Acquisition of Hemp Carbon Standard, Expanding Company's Leadership in Hemp Carbon Credits

Hempalta Corp. Completes 100% Acquisition of Hemp Carbon Standard, Expanding Company's Leadership in Hemp Carbon Credits

Acquisition strengthens Hempalta's capacity to scale carbon credit solutions while establishing strategic foundation for advancing biochar expansion initiatives

Hempalta Corp. (TSXV: HEMP) ("Hempalta" or the "Company") today announced its acquisition of the remaining 49.9% of Hemp Carbon Standard Inc. ("HCS"), granting Hempalta full ownership of the carbon credit platform.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Canadian Investment Regulatory Organization Trade Resumption - CH

Canadian Investment Regulatory Organization Trade Resumption - CH

Trading resumes in:

Company: Charbone Hydrogen Corporation

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Bitcoin Well

Bitcoin Well Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×