Bitcoin Well Announces OTCQB Listing in the U.S.
August 16 2022 - 8:30AM
Bitcoin Well Inc. (the “Company” or “Bitcoin
Well”) (TSXV: BTCW) (OTCQB: BCNWF), is pleased to announce that the
Company's common shares will begin trading in the United States on
the OTCQB market on August 16, 2022, under the symbol "[BCNWF]".
OTC Markets Group Inc. operates regulated markets for trading
12,000 U.S. and international securities.
The Bitcoin Well common shares are eligible for
electronic clearing and settlement through The Depository Trust
Company ("DTC"). DTC eligibility simplifies the process of trading
and transferring the common shares, enhances trading liquidity, and
enables the Company's common shares to be traded over a wider
selection of brokerage firms in the U.S.
“This U.S. listing allows us to more easily
expand our investor base and gives us the ability to introduce our
Company to a much larger audience outside of the Canadian market,
enhancing liquidity and visibility for our shareholders,” said
Allen Stephen, CFO of Bitcoin Well. “Our renewed strategy, along
with this new listing, presents an exciting opportunity for U.S.
investors who are seeking growth in this industry.” The Company’s
common shares will continue to trade in Canada on the TSX Venture
Exchange under the symbol "BTCW".
About Bitcoin Well Bitcoin Well
offers convenient, secure and reliable ways to buy, sell and use
bitcoin. Bitcoin Well is on a mission to enable independence by
offering an ecosystem of products and services that give users the
convenient control of their bitcoin. This ecosystem will
future-proof money by including self custodial financial offerings
(both in-person and online) and educational resources designed with
the needs of both the customers, and the industry, in mind.
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date with our business. For OTC location information visit
bitcoinwell.com/locations.
Bitcoin Well Contact Information To book a
virtual meeting with Founder & CEO Adam O’Brien please use the
following link: https://calendly.com/adamobitcoin/meet-adam
For additional investor & media information, please
contact:Tel: 1 888 711 3866ir@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.
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