Spirit Blockchain Capital Inc. announces that it will begin trading on the Canadian Stock Exchange on September 14, 2022 – StreetInsider.com | Jewelry Dukan


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VANCOUVER, British Columbia, September 13, 2022 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (the “company” or “Spirit‘), a Canadian company that offers its shareholders diversified exposure to the blockchain and digital asset industries, is pleased to announce that the Company’s common stock (the ‘shares”) begins trading on the Canadian Securities Exchange (the “CSE‘) under the ticker ‘SPIR’ on September 14, 2022.

“This is a very important milestone for the company,” stated Spirit Founder and CEO Erich Perroulaz. “Our shareholders, who have supported us on this journey, have invested in us and in the long-term value of this Ecosphere. We believe this sector has a very bright future for the company and our shareholders.” continued Mr. Perroulaz.

The company will continue to capitalize on the positive momentum of this listing and will continue to work toward achieving key milestones, including growing its streaming and royalty businesses, as well as staking.

Antony Turner, COO, commented, “The listing strengthens our offering to the marketplace and gives our clients and investors confidence in our ability to execute on our strategy.”

As set out in the Company’s final prospectus dated 8 August 2022 (the “brochure”) the Company has a total of 5,721,133 incentive stock options (the “options”) and granted a total of 2,860,567 Restricted Share Units (“RSUs“). The Options and RSUs have been granted to certain of the Company’s directors, officers and consultants in accordance with the Company’s stock compensation plan (the “To plan“). The options have an exercise price of $0.125 per share and are exercisable on or before July 31, 2026, unless terminated pursuant to the terms of the plan. The RSUs vest in stages over a period of two years from the date of listing. Prior to listing on the CSE, the Company issued a total of 900,183 shares for RSU awards. The options, the RSUs and any shares issued upon exercise thereof are subject to a four month and one day hold period ending on the date four months and one day after the grant date.

The securities referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to or for the account or benefit of any United States Individuals without registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Spirit Blockchain Capital Inc.

Spirit is a Canadian-Swiss group operating in the blockchain and digital assets sectors with the primary objective of creating value through recurring cash flows and capital appreciation in a fast-growing environment.

Spirit offers investors direct exposure to this sector without the technical complexities or restrictions of buying and holding the underlying crypto assets. Spirit’s strategy is based on management’s belief that the blockchain and digital asset ecosystem will offer significant growth and outperform traditional asset classes over the medium to long term.

The company’s strategy focuses on four complementary business entities:

  • Royalties & streams by lending capital to participants in the blockchain ecosystem, with the repayment of the face value and interest in the form of crypto assets;
  • consulting and research services;
  • Treasury management by investing in major crypto assets with cold storage in Switzerland; and
  • Provision of IT solutions for the sector in the areas of compliance, AML, forensics and risk reporting.

For more information please contact:Erich Perroulaz, Founder and CEO[email protected]

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. Use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “aim”, “may”, “will”, “project”, “should”, “believe”, “plan”, ” intended” and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain material expectations and assumptions of the Company. Although the Company believes that the expectations and assumptions upon which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information as the Company cannot guarantee that they will prove to be accurate become correct. Because forward-looking statements and information address future events and conditions, by their nature they involve risks and uncertainties. Forward-looking information in this press release includes, among other things: the listing of the Company’s securities on the CSE and the proposed listing date; Spirit’s ability to raise capital, form partnerships and implement its broader business strategy; the potential streaming and royalty transaction with a North American bitcoin miner; the company launches its own validator node on the Avalanche network; Comments on prices in the crypto market; and the success and long-term development of blockchain and the crypto industry in general. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors that could materially affect such forward-looking information are described under the heading “Risk Factors” in the Company’s full prospectus dated August 8, 2022, which is available under the Company’s profile on SEDAR at www.sedar.com.

The Company undertakes no obligation to update any forward-looking information, except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statements can be guaranteed and actual future results may differ materially. ‎Accordingly, readers are cautioned not to place undue reliance on any forward-looking ‎statements or ‎information.‎.‎

The CSE has not reviewed, approved or disapproved the contents of this press release.‎

Source: Spirit Blockchain Inc.

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