Global Blockchain Technologies Announces Commencement of Australian Listing

- October 16th, 2017

Global Blockchain Technologies (TSXV:BLOC; FSE:BWSP; OTCP:BLKCF) has announced that it has commenced an Australian Stock Exchange listing application. As quoted in the press release: The Company plans to apply as an ASX Foreign Exempt Listing. This category is for entities listed on another securities exchange which wish to have a secondary listing on the ASX … Continued

Global Blockchain Technologies (TSXV:BLOC; FSE:BWSP; OTCP:BLKCF) has announced that it has commenced an Australian Stock Exchange listing application.
As quoted in the press release:

The Company plans to apply as an ASX Foreign Exempt Listing. This category is for entities listed on another securities exchange which wish to have a secondary listing on the ASX and which meet certain eligibility criteria. Entities in this category are expected to comply with the listing rules of the TSX.V and are exempt from complying with most of ASX’s Listing Rules.
The ASX listing will bring significant benefits to the Company’s exiting listings. These include:

  • One of the world’s largest investment pools underpinned by Australia’s mandatory superannuation system;
  • Price discovery in a deep and liquid market worth well over a trillion dollars;
  • The world class trading platform and clearing and settlement infrastructure of ASX

Global Blockchain President Shidan Gouran noted, “The addition of a listing in Australia to our listing in Frankfurt brings access to trading much closer to 24 hours a day on conventional exchanges, which should be the standard in the digital age.
It is important that investors internationally have access to a basket of holdings within the blockchain space, managed by a team of industry pioneers and early adopters of all major cryptocurrencies.”

Click here to read the full press release.

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