Grand Pacaraima Gold Corp (PINKSHEETS: BITCF) Officially Changes Name to First Bitcoin Capital Corp.
March 05 2014 - 6:00AM
Marketwired
Grand Pacaraima Gold Corp (PINKSHEETS: BITCF) Officially Changes
Name to First Bitcoin Capital Corp.
VANCOUVER, BC--(Marketwired - Mar 5, 2014) - Grand Pacaraima
Gold Corp (PINKSHEETS: BITCF) is pleased to announce that the board
and the majority shareholders have voted and approved to change the
company name from Grand Pacaraima Gold Corp. to First Bitcoin
Capital Corp. to better reflect the new direction and focus of the
company.
"Now that Grand Pacaraima Gold Corp. has officially changed its
name to First Bitcoin Capital Corp (PINKSHEETS: BITCF), in our
state of incorporation, we will request FINRA to reflect this
change in the OTC Markets," the company said.
Company also announced today the appointment of Yuri Abramov to
its Board of Directors. For more than three decades, Yuri has
applied his superior analytical skills and expertise to advance the
field of applied physics in his work as a mathematician, algorithms
and software developer, engineer and inventor.
The company is currently preparing to enter the crypto-currency
arena, specifically positioning itself to becoming the first
vertically- integrated consolidator of the emerging Bitcoin and
other crypto-currency industries.
"We expect to see the name change reflected in the stock market
to coincide with the launching of one or more of our businesses
under development relating to crypto-currencies," the company
said.
Company is also working on a project to exchange its gold mining
concessions for a new crypto currency concurrently granting it a
license to use the company's pending application for a
patent-making first dual currency and subsequently backed by those
gold reserves.
"Should this project be successful, we intend to be the first
public company to pay its shareholders a crypto currency as a
dividend," the company said.
The company seeks to consolidate the Bitcoin industry by
acquiring Bitcoin start-ups, raise funding and invest in companies
that are developing advanced Bitcoin software or hardware
applications.
About the company:
First Bitcoin Capital Corp. is a developing Canadian-based
mining company currently holding concessions of Gold in Venezuela
and is preparing to enter the crypto-currency industry.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press
release includes various "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
which represent the Company's expectations or beliefs concerning
future events. Statements containing expressions such as
"believes," "anticipates," "intends," or "expects," used in the
Company's press releases and in Disclosure Statements and Reports
filed with the Over the Counter Markets through the OTC Disclosure
and News Service are intended to identify forward-looking
statements. All forward-looking statements involve risks and
uncertainties. Although the Company believes its expectations are
based upon reasonable assumptions within the bounds of its
knowledge of its business and operations, there can be no
assurances that actual results will not differ materially from
expected results. The Company cautions that these and similar
statements included in this report are further qualified by
important factors that could cause actual results to differ
materially from those in the forward-looking statements. Readers
are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date thereof.
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