TORONTO, Dec. 19, 2022 /CNW/ - TAAL Distributed Information Technologies Inc. (the "Company") (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF), today announced that, at the special meeting (the "Special Meeting") of the Company's shareholders (the "Shareholders") held today, Shareholders voted to approve the previously announced plan of arrangement (the "Transaction") pursuant to which Calvin Ayre, who currently owns approximately 38.5% of the outstanding common shares of the Company (the "Common Shares"), will, subject to the satisfaction of all remaining closing conditions, including receipt of the Final Approval (as defined below), indirectly acquire all of the remaining Common Shares at a...
Toronto, ON (November 23, 2022) – TAAL Distributed Information Technologies Inc. (the “Company”) (CSE: TAAL), today announced its management information circular (the “Circular”) and related materials will be mailed on November 25, 2022 for the special meeting (the “Special Meeting”) of the Company’s shareholders (the “Shareholders”) to consider, among other things, the previously announced plan of arrangement (the “Transaction”) pursuant to which it is proposed that Calvin Ayre, who currently owns approximately 38.5% of the outstanding common shares of the Company (the “Common Shares”), would indirectly acquire all of the remaining Common Shares by way of a statutory plan...
Toronto, Ontario; November 10, 2022 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announces its financial results for the three and nine months ended September 30, 2022 (“Q3 2022”). Financial statements are available for review on the Company’s SEDAR profile at www.sedar.com and on the Company’s website at www.taal.com/investors. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.
TORONTO, Nov. 2, 2022 /CNW/ - TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ("TAAL" or the "Company"), today announced that it has entered into a definitive acquisition agreement (the "Acquisition Agreement") pursuant to which Calvin Ayre, who currently owns approximately 38.5% of the outstanding common shares of the Company (the "Common Shares"), will indirectly acquire all of the remaining Common Shares by way of a statutory plan of arrangement and take the Company private.
Toronto, Ontario; August 29, 2022 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announces its transition to a Metanet Service Provider. Metanet is the next generation of global data commerce, whereby transactions are completed without third-party intervention.
Toronto, Ontario; August 15, 2022 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and technology company for enterprises, announces its financial results for the three and six months ended June 30, 2022 (“Q2 2022”). These filings are available for review on the Company’s SEDAR profile at www.sedar.com and on the Company’s website at www.taal.com/investors. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.
Toronto, Ontario; July 13th, 2022 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announces its wholly owned operating subsidiary has entered into an agreement to acquire 968 Bitmain S19J Pro machines and host them with a subsidiary of LUXXFOLIO Holdings Inc. at a facility in New Mexico, representing an immediate increase of 100 petahash/s (“PH/s“) of additional computing power.
Toronto, Ontario; July 11th, 2022 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL”), a vertically integrated blockchain infrastructure and service provider for enterprise, announces its wholly owned operating subsidiary has entered into a hosting agreement with Lake Parime USA Inc. (a wholly owned subsidiary of UK-headquartered Lake Parime Limited; “Lake Parime”) who provide data centre infrastructure and site origination to transform low-value energy into high-value sustainable computing power.
TORONTO, May 30, 2022 /CNW/ - TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results for the three months ended March 31, 2022 ("Q1 2022"). These filings are available for review on the Company's SEDAR profile at www.sedar.com and on the Company's website at www.taal.com/investors. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.
TORONTO, May 16, 2022 /CNW/ - TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprises, announces a capital markets strategy and investor relations arrangement with Sophic Capital Inc. ("Sophic") pursuant to the terms of a capital markets advisory agreement (the "Agreement").
Vancouver, British Columbia; May 2nd, 2022 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announces its financial results and management discussion and analysis for the fiscal year ended December 31, 2021 (“FY 2021”).
TORONTO, April 18, 2022 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announces the completion of the sale and partnership plans for its New Brunswick facility.
TORONTO, April 5, 2022 /CNW/ - TAAL Distributed Information Technologies Inc. (CSE:TAAL) (FWB: 9SQ1) (OTC:TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, today announces that it has signed a binding letter of intent ("LOI") to sell (the "Sale") all of the shares of Chief Fuels Inc. ("Chief Fuels") to a third-party (the "Purchaser") for an aggregate cash purchase price of US$24 million (the "Purchase Price"), payable in instalments and subject to customary adjustments.
TORONTO, Feb. 17, 2022 /CNW/ - TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, is pleased to announce that TAAL President Chris Naprawa is scheduled to participate in the following upcoming investor conferences.
TORONTO, Ontario – January 24, 2022 - TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, is pleased to announce it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
TAAL Completes Acquisition of a Data Centre in New Brunswick, Canada and Provides Preliminary Q4 2021 Guidance Toronto, Ontario; December 20, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, is pleased to announce that it has closed the previously announced share purchase transaction, acquiring 100% ownership of Chief Fuels Inc., and with it, indirect ownership of a 60,000 sq/ft facility in Grand Falls, New Brunswick. With this transaction, TAAL gains access to 50 megawatts of clean energy, which the Company expects will ultimately…
TORONTO, Ontario – December 7, 2021 – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today it will be participating in the Lytham Partners Winter 2021 Investor Conference taking place from December 13-16, 2021. TAAL will participate in a webcasted Fireside Chat on Monday, December 13, 2021, where the Company will discuss its vision for 2022. The Company will also be conducting 1×1 virtual investor meetings over the course of the three day conference. The webcasted Fireside Chat will be available for…
TORONTO, Nov. 18, 2021 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, today announces Stefan Matthews has advised the board of directors of the Company (the “Board”) that he will be stepping down as Chief Executive Officer effective January 1, 2022. Mr. Matthews will remain as a director and as Executive Chairman of the Board. Succeeding Mr. Matthews as Chief Executive Officer will be Richard Baker. Mr. Baker currently acts as Lead Independent Director and Chairman of the Technology Committee. During…
50-MW energy will power up to 2 Eh/s of mining capacity New Brunswick based facility will become TAAL’s cornerstone Bitcoin mining asset New Brunswick Power Corporation (“NB Power”) supplies energy that is over 80% non-emitting, over 40% from renewables Toronto, Ontario; November 15, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, today announces that it has signed a definitive share purchase agreement to acquire 100% of the shares of Chief Fuels Inc. from its shareholders (“Vendors”). With this acquisition,…
TAAL Announces 2021 Third Quarter Revenue of $ 12.4 Million, and EPS of $0.06/Share TORONTO, Nov. 15, 2021 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL) (FWB:9SQ1) (OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results for the three and nine months ended September 30, 2021 (“Q3 2021”). The Q3 2021 unaudited interim financial statements and related management’s discussion and analysis (“MD&A”) are available for review on the Company’s SEDAR profile at www.sedar.com and on the Company’s website at www.taal.com. All financial information in this press release is reported in Canadian dollars unless…
Driven by strong transaction processing performance and as capacity increases, TAAL's consolidated revenue for Q3 2021 is expected to be in the range of $11.5 to 12 Million, compared to $6.7 million in Q2 2021, an approximately 70% increase quarter on quarter.
Dr. Diemers is co-founder and partner of SNGLR Group, a VC and tech firm focusing on exponential technologies, such as blockchain and artificial intelligence, and is a member of the national Blockchain Task Force (now Swiss Blockchain Federation).
Gross revenues of $6.7 million for the second quarter ended June 30, 2021, represented an increase of almost 7 times compared to Q1 2021.
The virtual roadshow will feature a corporate presentation from TAAL President Chris Naprawa, followed by a Q & A session led by Noble Senior Research Analyst Joe Gomes, featuring questions submitted by the audience.
TAAL is a proud advocate of the Bitcoin Association and the Bitcoin SV Infrastructure team, who provide key software for and help maintain the network that powers the solutions and services we deliver to our clients.
Developed in the U.K., WOC is the first-ever BSV blockchain explorer, acquired by TAAL in September 2020 as part of its strategic vision to ignite global enterprise adoption of BSV. TAAL mined 25,018 BSV coins in May and June, and TAAL processed over 90% of all BSV transactions in June and over 72% in May.
Hut 8 will provide physical hosting and optimization services and access to competitive electrical power for 960 newly-purchased digital hashing computers owned by TAAL. Hut 8 will also work with TAAL to make their existing fleet more efficient.
The Company continues to make progress on its plans to deploy additional digital asset hashing equipment in Canada, and, as announced on May 21, 2021, recently purchased an additional 3,000 machines, which are expected to be fully operational by the first quarter of 2022.
TAAL Increases Transaction Processing Capacity With Purchase of 3,000 Bitmain S19j Pro Blockchain Computers • Additional 3,000 new, state of the art blockchain computers anticipated for deployment in Q1 2022, costing approximately US$19 million • In addition to the 1000 Bitmain S19j Pro blockchain computers due for deployment in December 2021 • TAAL’s hash rate for the end of June is anticipated to be at least 450 PH/s, ahead of stated goals Vancouver, British Columbia; May 21, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, today announces it…
Vancouver, British Columbia; April 30, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results and Management Discussion and Analysis for the fiscal year ended December 31, 2020. These filings are available for review on the Company’s SEDAR profile at www.sedar.com and on the Company’s website at www.taal.com. All financial information in this press release is reported in Canadian dollars unless otherwise indicated. Subsequent to Year-End As of March 31, 2021, TAAL had…
On March 13, 2021, Company achieved a world record block of 638MB processed on the BitcoinSV blockchain network Expanded computing power follows previously announced next-generation blockchain infrastructure operations successfully deployed in Alberta, Canada Company to host investor webinar with TAAL management team on April 14 at 12:00PM EST Vancouver, British Columbia; March 30, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today that TAAL is on track to reach its computing power target of…
Not for distribution to United States newswire services or dissemination in the United States. Vancouver, British Columbia; March 18, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1) (“TAAL” or the “Company”) a vertically integrated, blockchain infrastructure and service provider for enterprise, is pleased to announce that it has closed its previously announced public offering (the “Offering”) of units of the Company (the “Units”). Pursuant to the Offering, the Company issued 8,695,652 Units at a price of $4.60 per Unit for aggregate gross proceeds of approximately $40.0 million. Calvin Ayre, an existing securityholder, acted as lead investor to the…
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, March 2, 2021 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL) (FWB:9SQ1) (“TAAL” or the “Company”) a vertically integrated, blockchain infrastructure and service provider for enterprise, today announced that it has filed a preliminary short form prospectus in connection with the proposed offering of units of the Company (the “Units”) at a price of $4.60 per Unit (the “Offering Price”) for minimum gross proceeds of $26.0 million and up to a maximum of $40.0 million (the “Offering”). The Offering will be conducted on a “best efforts”…
Vancouver, British Columbia; February 1, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”) a vertically integrated, blockchain infrastructure and service provider for enterprise, today announced the appointment, effective February 1, 2021, of David Allen, CPA, CA as Chief Financial Officer. This appointment sees Mr. Allen transition from Senior Financial Consultant to the Company to Chief Financial Officer. “We are thrilled to welcome a person of David’s calibre and experience to our leadership team,” said Stefan Matthews, TAAL CEO and Executive Chairman. “In a highly accomplished career David has demonstrated strong financial and…
Vancouver, British Columbia; January 14, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”) a vertically integrated, blockchain infrastructure and service provider for enterprise, today reported that it has begun blockchain infrastructure operations at its facility in Alberta, Canada, marking a significant step in bringing on power to support the future of Enterprise scale transaction processing. “We are pleased to mark this important first step in reaching our operational infrastructure milestone for 2021. Despite the global pandemic challenges, we have successfully begun TAAL’s next-generation blockchain infrastructure operations in Alberta, Canada on schedule. This…
VANCOUVER, BC, Jan. 13, 2021 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL) (FWB:9SQ1) (OTC:TAALF) (“TAAL” or the “Company”) a vertically integrated, blockchain infrastructure and service provider for enterprise clients, today announced that its President, Chris Naprawa will present at NobleCon17 – Noble Capital Markets’ Seventeenth Annual Investor Conference on Tuesday January 19th at 3:00 p.m. (EST). The conference will be held virtually, with no cost, obligation or restrictions to attend, at: www.noblecon17.com A high-definition video webcast of the presentation will be available the following day on www.TAAL.com and as part of…
TAAL ANNOUNCES CORRECTION TO DECEMBER 22, 2020 PRESS RELEASE VANCOUVER, BC, Dec. 23, 2020 – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”) a vertically integrated blockchain infrastructure and service provider, would like to amend the press release that was published on December 22, 2020, which incorrectly disclosed that the Company had agreed to purchase 5,000 M30s new blockchain computers. A corrected press release follows: TAAL BRINGS ON ADDITIONAL PROCESSING POWER TO SUPPORT THE FUTURE OF ENTERPRISE TRANSACTION PROCESSING VANCOUVER, BC, Dec. 23, 2020 – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC:…
Vancouver, British Columbia; December 18, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”) a blockchain infrastructure and service provider, is pleased to announce that it has entered into a loan agreement (the “Note”) with Wright International Investments Ltd., an entity wholly-owned by Craig Wright, advisor to the Company (the “Lender”) providing for debt financing in an aggregate principal amount of US$7,000,000. The Lender has made an initial advance under the Note in an amount equal to US$3,500,000 in the form of Bitcoin SV (“BSV”) and the Note provides that the Lender will…
Vancouver, British Columbia; December 10, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”) a blockchain infrastructure and service provider, is pleased to announce that all matters put forward to its shareholders at the Company’s annual general and special meeting of shareholders (the “Meeting”) were duly approved, including the election of two new members to its Board of Directors and the re-election of all other Board members. The Company is also pleased to announce four new appointments to its senior management team in North America and Europe. “As part of TAAL’s…
VANCOUVER, BC, Nov. 30, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL” or the “Company”) a blockchain infrastructure and service provider, today announced its financial results for the three and nine months ended September 30, 2020 (“Q3-2020”). The Q3-2020 unaudited interim financial statements and related management discussion and analysis (“MD&A”) are available for review on the Company’s SEDAR profile at www.sedar.com. TAAL reports all amounts in Canadian dollars, unless otherwise stated. Q3-2020 Highlights Company had $12,993,341 million in working capital at the end of September, 2020. Completed the acquisition of WhatsOnChain Limited…
· TAAL enters agreement to establish North American capacity to power BitcoinSV (BSV) transaction solutions for global enterprise clients · Agreement secures approximately 175 PH of custom blockchain computing power to be operational by Q1, 2021 · BitcoinSV recognized as optimal to scale large transaction volumes for enterprise organizations, allowing them to complete microtransactions autonomously, safely, at a low-cost and without human intervention · TAAL brings fully regulated and compliant blockchain transaction solutions for global enterprise clients · …
Vancouver, British Columbia; October 13, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”) a vertically integrated, blockchain infrastructure and service provider, today announced the recruitment of Mr. Chris Naprawa as President of the Company. In addition, Mr. Stefan Matthews, the Chairman of the board of directors of the Company, has taken on the position of Chief Executive Officer effective October 12, 2020. In his new role as Executive Chairman and Chief Executive Officer, Mr. Matthews will relocate and work from the Zug, Switzerland offices of the Company, oversee the building…
Vancouver, British Columbia; September 15, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC: TAALF) (“TAAL“) announces that through its wholly owned subsidiary, Taal Technologies SEZC, it has purchased all of the issued and outstanding shares of WhatsOnChain Limited (“WhatsOnChain”) enhancing TAAL’s technology portfolio and accelerating TAAL’s strategy as a leading provider of enterprise blockchain infrastructure services. WhatsOnChain owns proprietary Bitcoin SV blockchain explorer technology developed by its founders who created the first-ever BSV block explorer to provide data in an easy and user-friendly manner. A blockchain explorer is a browser for the blockchain, similar…
Vancouver, British Columbia; September 10, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC: TAALF) (“TAAL” or the “Company”) a vertically integrated, blockchain infrastructure and service provider, today announced the opening of its new office in Zug, Switzerland, along with key hires in c-suite and senior management roles and also provided an update on its ongoing operations. Swiss Office Switzerland is known for its legislation upon which a globally-recognized banking and finance industry has developed, and the city of Zug, which has a well-earned reputation as one of the fastest growing technology hubs in Europe, has recently…
VANCOUVER, August 25, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQX:TAALF) (“TAAL” or the “Company” ), a vertically integrated, blockchain infrastructure and service provider, enabling customized solutions to enterprise clients, today announces its financial results for the second quarter ended June 30, 2020 (“Q2-2020”). TAAL reports all amounts in Canadian dollars unless otherwise stated. Q2-2020 Financial Highlights The Company reported gross revenue of $1,604,452 for the three-months ended June 30, 2020, as compared to $4,304,627 for the same period in 2019, a 62.7% decline that reflects the termination of hashing operation in May 2020,…
Vancouver, British Columbia; August 6, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB: OTC:TAALF) (“TAAL” or the “Company”) announces that its operating subsidiary has filed a second patent application (the “Patent Application”) with the United Kingdom patent office with respect to its newly acquired Layer 1 token blockchain technology for the BSV (Bitcoin SV) network. Layer 1 tokens are validated by computers operating on the blockchain directly, unlike more common Layer 2 token systems which require separate Layer 2 protocol servers. Processing transactions directly on the network is synergistic with TAAL’s vision and roadmap for its…
VANCOUVER, August 5, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTCQX:TAALF) (“TAAL” or the “Company”), a vertically integrated, blockchain infrastructure and service provider, is pleased to announce that it has entered into a consulting agreement (the “Consulting Agreement”) with MC International Partners Limited (“MC International”). Through the Consulting Agreement, MC International will provide the Company with business development services focused on blockchain and digital asset investment opportunities. Effective August 2, 2020, the Agreement provides that MC International will earn a commission upon completion of each investment or acquisition opportunity introduced by it to the Company,…
VANCOUVER, July 13, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated, blockchain infrastructure and service provider, has qualified to trade on the OTCQX Best Market, an upgrade to OTCQX from the Pink market. TAAL began trading today on OTCQX under the symbol “TAALF.” Upgrading to the OTCQX Market is an important step for TAAL as the Company seeks to provide transparent trading for U.S. investors. A listing on a qualified international exchange streamlines market standards, enabling utilization of Canadian market reporting to make information available in the U.S.. …
VANCOUVER, July 6, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC: SQRMF) (“TAAL” or the “Company“) is pleased to announce that, in connection with the dispute between the sellers of the hashing equipment purchased by TAAL and their former hosting provider (the “Hosting Provider”), an arbitration tribunal has unanimously determined that TAAL is not properly a party to the proceedings. On June 12, 2020, TAAL disclosed that the Hosting Provider had sought to include the Company in its arbitration with Tansley Equipment Limited (“Tansley”)…
VANCOUVER, June 23, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:SQRMF) (“TAAL” or the “Company“) today announced that it has welcomed nine new clients to its transaction processing business on the Bitcoin SV (“BSV”) network, executing on TAAL’s five-year strategic vision released last month. “The onboarding of these new clients is a testament to TAAL’s commitment to our strategic vision, which places transaction processing at the core of our business,” said Jerry Chan, CEO of TAAL. “There are currently several hundred active projects building on BSV, and this number…
Today announces its financial results for the first quarter ending March 31, 2020 (“Q1-2020”). TAAL reports all amounts in Canadian dollars unless otherwise stated.
VANCOUVER, BC, June 16, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTC:SQRMF) (“TAAL” or the “Company”), a vertically integrated, blockchain infrastructure and service provider, enabling customized solutions to enterprise clients, today announces data size upgrade to 10MB. In early June, the Bitcoin SV (BSV) blockchain processed two of its largest data transactions ever, at 5.8MB and 9.74MB, respectively. TAAL anticipated continued demand growth and market engagement for large data transactions (“txns”). To meet this demand, TAAL increased blockchain support by increasing the data size of txns that TAAL clients can send instantly
Vancouver, British Columbia; June 12, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ) (“TAAL” or the “Company”) provides an update regarding the dispute between the sellers of the cloud computing assets recently purchased by TAAL and their former hosting provider (the “Hosting Provider”). On March 9, 2020 TAAL closed the asset purchase transaction with Tansley Equipment Limited (“Tansley”), Fractical Sense Limited and Laser Lollypop Limited, three companies affiliated with Mr. Calvin Ayre (the “Principal”), to acquire over 50,000 non-operational cloud computing units (the “Cloud Computing Assets”). Further to the Company’s press release of March 31, 2020, the Hosting Provider…
("TAAL") has entered into a definitive share purchase and equity financing agreement and development agreement (the "Agreements") with Codugh Pty Ltd. (the "Company") an Australian technology company.
TAAL Releases Its 5 Year Strategic Vision Featuring New Innovations For A New Economy
Taal Announces 2019 Fiscal Year End Financial Results
Taal Announces Conversion Of Debt And The Appointment Of Calvin Ayre To Advisory Board
Taal Delays Filing of Annual Financial Statements Announces Intention to Convert Outstanding Debt to Equity and the Suspension of Operations in Kazakhstan
VANCOUVER, April 20, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL“) announces that it has entered into a strategic licensing agreement with nChain Group Holdings Ltd. (“nChain”) effective as of April 20, 2020 for ten (10) years to use key elements of their intellectual property patent portfolio (the “IP Licensing Agreement”). Strategic Partnership The IP Licensing Agreement with nChain provides TAAL with non-exclusive access and rights over 10 years to develop advanced blockchain transactional systems on top of nChain’s existing granted patents, pending patents and future filed patent applications in the area of specialised blockchain transaction…
TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) ("TAAL") provides an update on its 5-year technology roadmap and on the launch of two new components.
VANCOUVER, April 2, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL” or the “Company“) announces that its operating subsidiary has filed a patent application (the “Patent“) with the United Kingdom patent office, an important step in realizing the Company’s strategic vision and in leveraging the power of blockchain infrastructure technologies in applications for transaction processing for general computational tasks. New United Kingdom National Patent ApplicationTAAL Technology SEZC Applicant: TAAL Technology SEZC Application No: 2004684.3
VANCOUVER, April 2, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL” or the “Company“) announces the appointment of Satoshi Kitahama to its executive team to head finance functions. TAAL has previously advised that it is expanding its operations and building a business to lead the future of blockchain transaction processing. The appointment of Mr. Kitahama is the first of several key appointments that the Company expects to announce as the executive team is built out to accommodate the leadership necessary to deliver against a 5-year strategic infrastructure and transactional roadmap. Mr. Kitahama will work with the…
VANCOUVER, March 31, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL” or the “Company“) discloses that certain sellers of the cloud computing assets recently purchased by TAAL are involved in a dispute with the hosting provider (the “Hosting Provider“) where such assets were previously operational. Further to the Company’s press release of March 9, 2020, TAAL closed the asset purchase agreement (the “Agreement“) with Tansley Equipment Limited (“Tansley“), Fractical Sense Limited and Laser Lollypop Limited, three companies affiliated with Mr. Calvin Ayre (the “Principal“), to acquire over 50,000 non-operational cloud computing units (the “Cloud Computing Assets“)….
VANCOUVER, March 24, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL” or the “Company“) announces an update regarding its operations and business. On March 11, 2020, the World Health Organization declared the outbreak of a strain of novel coronavirus disease, COVID-19, a global pandemic. The spread of COVID-19 has had disruptive effects on TAAL’s operations, as it has with many other businesses globally, and has also caused increased volatility in global financial markets. If the pandemic is prolonged the adverse impact on the global economy could deepen and result in further disruptive effects on…
VANCOUVER, March 19, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE: TAAL | FWB: 9SQ | OTCQB: SQRMF) (“TAAL” or the “Company“) is pleased to announce that it has appointed Jerry D. Chan to the positions of President and Chief Executive Officer (“CEO“) of the Company. Mr. Chan holds a BASc in Electrical Engineering from the University of Waterloo and is a 15-year veteran of Wall Street technology, having worked at Goldman Sachs and JPMorgan Technology in the FX, FICC, and Equities GSAT trading desks in both New York and Tokyo. He has expertise in financial systems, global markets, risk management and…
VANCOUVER, March 9, 2020 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL“) is pleased to announce that today it has closed on the asset purchase agreement (the “Agreement“) with Tansley Equipment Limited, Fractical Sense Limited and Laser Lollypop Limited (together, the “Sellers“), three companies affiliated with Mr. Calvin Ayre (the “Principal“), to acquire over 50,000 non-operational cloud computing units (the “Cloud Computing Assets“) located in the United States (the “Transaction“). TAAL intends to use the acquired Cloud Computing Assets to support its ongoing operations and blockchain infrastructure in order to generate cash proceeds. Further, TAAL intends to upgrade…
VANCOUVER, British Columbia, Feb. 17, 2020 (GLOBE NEWSWIRE) — TAAL Distributed Information Technologies Inc. CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL“) is pleased to announce that today it has entered into an asset purchase agreement (the “Agreement“) with Tansley Equipment Limited, Fractical Sense Limited and Laser Lollypop Limited (together, the “Sellers“), three companies affiliated with Mr. Calvin Ayre, to acquire over 50,000 non-operational cloud computing units located in the United States (the “Transaction“). The aggregate purchase price (the “Purchase Price“) payable by TAAL to the Sellers for the North American cloud computing assets to be acquired is approximately US$4,093,374….
TAAL ANNOUNCES APPOINTMENT OF AUDITOR Vancouver, British Columbia; February 5, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL”) is pleased to announce that, effective January 30, 2020, it has appointed Marcum LLP (the “Successor Auditor”) to serve as auditor until the next annual general meeting of shareholders of TAAL. Further to TAAL’s press release dated November 12, 2019, DeVisser Gray LLP (the “Former Auditor”) previously resigned, at its own initiative, effective on November 11, 2019. The Former Auditor’s reports with respect to TAAL’s financial statements for the fiscal years ended December 31, 2018 and October 31, 2017 did not contain a modified…
TAAL.COM MINES HISTORIC BLOCK TO LOCK IN “GENESIS” PROTOCOL UPDATE OF BITCOIN SV NETWORK Vancouver, British Columbia; February 5, 2020 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL”) is pleased to announce that it has successfully completed the upgrade to its Bitcoin SV Node mining software to support the “Genesis” network upgrade code-named “Genesis” that activated on February 4, 2020. In addition, TAAL mined the historic block (https://whatsonchain.com/block-height/620539) considered to lock-in activation of the new Genesis rules on the Bitcoin SV network. At 1:35 am GMT on February 4, block 620,538 was mined and Bitcoin SV nodes using v1.0.0 or…
VANCOUVER, British Columbia, Jan. 29, 2020 (GLOBE NEWSWIRE) — TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (“TAAL”) is pleased to announce that it has issued a Request for Proposal (“RFP”) from qualified firms or individuals to provide managed blockchain mining hosting services. Background TAAL is planning on deploying a fleet of up to 90 megawatts of computing power with a managed hosting provider within North America. The managed hosting solution should be able to provide the appropriate infrastructure and power to host equipment associated with blockchain mining and the expertise required to deliver large scale…
VANCOUVER, British Columbia, Jan. 29, 2020 (GLOBE NEWSWIRE) — TAAL Distributed Information Technologies Inc. (CSE: TAAL) (“TAAL”) has implemented the Miner ID protocol offered on the Bitcoin SV (BSV) network, and on December 20, 2019 and December 24, 2019, at block height 614551 (as reported on: https://whatsonchain.com/block-height/614551), began identifying blocks on the Bitcoin SV blockchain mined by the Company and its fleets under management as TAAL.com. TAAL is using Miner ID as part of its efforts to lead business innovation and professionalizing of the Bitcoin mining industry. Miner ID Miner ID is an…
Vancouver, British Columbia; January 28, 2020 – Taal Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ | OTCQB:SQRMF) (the “Taal”) announced that it is not in favour of, and will not support, the newly-announced proposal to cause mining operations active on the Bitcoin Cash (“BCH”) blockchain to pay a 12.5% contribution on earned rewards to a Hong Kong-based corporation backed by four leaders representing five of the current largest known BCH mining pools (the “BCH Mining Group”), as first announced on the website medium.com by the head of BTC.toppool. On January 22, 2020, it was announced that a funding plan (the “Mandatory Funding Plan”) had been privately…
Taal Distributed Information Technologies Inc. (formerly Squire Mining Ltd.) (CSE:TAAL) (“TAAL”) is pleased to announce that it will be implementing the following changes to transaction fees charged by its cloud computing operations on the Bitcoin SV (“BSV“) network: A reduction in the transaction acceptance fee (-blockmintxfee) from 1 satoshi/byte to 0.5 satoshis/byte. A reduction in the relay fee (-minrelaytxfee which is the minimum fee required for double spend protection and for relaying of a transaction) from 1 satoshi/byte to 0.25 satoshis/byte. In an additional, but unrelated, change the restrictive limit of 25 unconfirmed ancestors will be immediately…
SQUIRE MINING ANNOUNCES CORPORATE NAME CHANGE AND COMPLETION OF SHARE CONSOLIDATION
SQUIRE MINING ANNOUNCES VOTING RESULTS FROM ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS
SQUIRE ANNOUNCES TESTING OF BITCOIN SV NODE
Squire Agrees to Terminate Cloud Computing Share Purchase Agreement
EXTENSION OF TERMINATION DEADLINE AS SQUIRE AWAITS APPROVAL OF CSE
Squire Mining Announces Appointment of New Head of Investor Relations and Stock Option Grant
Squire agrees to purchase companies with cloud computing assets totaling approx. 2,982 petahash to become one of the world’s largest public blockchain computing companies
Vancouver, British Columbia – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) is pleased to announce it has entered into a continuous development and services agreement (the “Agreement”) with leading U.K. blockchain research and development firm nChain Limited (“nChain”) to collaborate and develop leading blockchain software solutions. With the recent acquisition of custom cloud computing management and pooling software and source code (called “Taal Orchestrator”) announced on May 2, 2019, Squire plans to enhance this software solution in collaboration with nChain to create operational performance optimization, efficiencies and internal controls. Taal Orchestrator conducts and coordinates pools of cloud computing…
Squire mining provides update to shareholders on its transaction to acquire cloud computing companies and notification of postponement of special meeting
Squire mining files amended business acquisition report
Squire Mining announces appointment of Kevin Turner to advisory board
Squire releases first month financial results since acquiring first phase of Coingeek cloud computing operations
Vancouver, British Columbia; June 4, 2019 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) is pleased to announce that it has entered into a binding letter of intent (the “Agreement“) to relocate 41,166 blockchain cloud computing units (the “Assets”) pursuant to a hosting agreement with Core Scientific Inc. (“Core Scientific”). Pursuant to the Agreement, the Assets will be hosted at Core Scientific’s state‐of‐the‐art facilities in the United States and performance will be optimized using Core Scientific’s proprietary technology. Additionally, the parties have agreed on a collaboration with respect to the development of a Bitcoin SV‐based blockchain supply management and distribution solution…
Vancouver, British Columbia – May 30, 2019 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) is pleased to announce that on May 29, 2019 it entered into a letter agreement (the “Agreement”) with Calvin Ayre, Cunning Hams Limited (“Cunning Hams”) and Tansley Equipment Limited (“Tansley”) to directly or indirectly purchase all of the issued and outstanding shares of four corporations (consisting of Cunning Hams, Tansley, Woodland Technology Group Inc. (“Woodland”) and Laser Lollipop Limited (collectively, the “Companies”)) which own and operate a fleet of cloud computing assets in Canada, the United States and China, representing approximately 2,985 petahash (the “Transaction”).
Squire advisory board member, Dr. Craig Wright granted US copyright registrations for original bitcoin white paper and early code
Vancouver, British Columbia; May 2, 2019 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) announced that it has completed the acquisition of all of the outstanding securities of Freschette Limited (“OpCo”), which owns and operates a fleet of cloud computing assets in Kazakhstan representing 276 petahash/second (PH/s) of computing power. Pursuant to the share purchase agreement among Squire, OpCo and Mr. Calvin Ayre dated March 22, 2019 (the “Share Purchase Agreement”) Squire purchased OpCo for a purchase price of C$24.1 million (inclusive of operational prepayments and subject to post‐closing adjustments) satisfied by issuance of an unsecured convertible…
Vancouver, British Columbia; March 25, 2018 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) announced that it has entered into a definitive share purchase agreement with Mr. Calvin Ayre (the “Share Purchase Agreement“) to acquire all of the outstanding securities of Freschette Limited (“OpCo“), a company wholly owned by Mr. Ayre. OpCo owns and operates a fleet of cloud computing assets in Kazakhstan representing 276 petahash/second (PH/s) of computing power. Closing of the transaction is expected May 1, 2019. The purchase price for OpCo is C$22.5 million (inclusive of operational prepayments), to be satisfied by way…
VANCOUVER, British Columbia, Feb. 01, 2019 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) announced today that it and Bigfoot Holdings Group Ltd. (operating as CoinGeek Mining & Hardware) (together with its affiliates, “CoinGeek”) have agreed to further extend exclusive negotiations to March 31, 2019 for Squire to acquire the mining assets owned by CoinGeek and certain of its affiliates and other blockchain related assets (the “Transaction”). While both parties are engaged with sophisticated financial, legal advisors and tax auditors and professionals to support this Transaction in the most efficient way possible, those advising…
VANCOUVER, B.C., Squire Mining Ltd. (CSE: SQR) – August 21, 2018 – Further to the Company’s news release of August 10, 2018, Squire Mining announces an associate of Coingeek.com, the world’s largest miner of Bitcoin Cash (BCH), is the exclusive worldwide distributor (the “Distributor”) of the Company’s next generation ASIC chips and mining systems currently under development. Upon completion of development and manufacture of the Company’s initial ASIC chip and mining rig, the Distributor will have the exclusive right to market, promote, solicit, sell and distribute the Company’s new ASIC chip and mining system to Bitcoin BCH and other alt…
Vancouver, British Columbia; January 22, 2018 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) reported today that pre‐tape‐out simulation testing of its prototype FPGA (field programmable gate array) ASIC microchip for mining Bitcoin SV, Bitcoin and other SHA‐256 associated cryptocurrencies has produced results inconsistent with design parameters. Squire has commenced an independent audit of the results and Peter Kim President of Squire’s subsidiary AraCore Technology Corp., and his team of front‐end microchip engineers and programmers leading the design project have undertaken further testing and review of chip design. Additionally, Squire announced the resignation of Taras Kulyk as…
Vancouver, British Columbia; January 7, 2018 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) announced today that it and Future Farm Developments Ltd. (“Future Farms”) have entered into a binding Letter of Intent (“LOI”) to wind up their joint venture company Arasystems Technology Corp. (“Arasystems”). All of the business functions contemplated to be performed by Arasystems will be taken on directly by Squire going forward. Subject to Future Farms meeting certain conditions, Squire and Future Farms will enter into (a) a services agreement pursuant to which Future Farms will provide certain project management services to support Squire’s mining…
Vancouver, British Columbia; January 2, 2018 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) announced today that it and Bigfoot Holdings Group Ltd. (operating as CoinGeek Mining & Hardware) (together with its affiliates, “CoinGeek”) have agreed to extend exclusive negotiations to January 31, 2019 for Squire to acquire crypto mining assets owned by CoinGeek and certain of its affiliates representing approximately 1 million terahash/s of computing power (or approximately 960 petahash/s) and other blockchain related assets (the “Transaction”). Upon completion of the Transaction, Squire will become the largest publicly traded crypto mining company globally, as measured by…
Vancouver, British Columbia; December 12, 2018 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire” or the “Company”) announces that at the Company’s annual general meeting held on December 12, 2018 Stefan Matthews, Taras Kulyk and Marco Strub were elected as directors of the Company for the ensuing year. Peter Wielgosz has stepped down as a director for personal reasons. The board would like to thank Peter for his hard work and dedication in helping to advance the development of the Company’s initial ASIC chip and mining rig as the Company prepares to begin fabrication of its initial chip in…
Vancouver, British Columbia; December 12, 2018 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire” or the “Company”) announces that it has established an advisory board of industry experts to broaden the Company’s expertise and keep abreast of developing trends in the rapidly evolving fields of blockchain and cryptocurrencies. To this end, the Company has appointed Jimmy Nguyen and Dr. Craig S. Wright as inaugural members of the Company’s advisory board. Jimmy Nguyen is the founding President of the bComm Association, the first‐ever organization dedicated to bCommerce (Bitcoin commerce). The bComm Association brings together developers, merchants, exchanges, miners…
Vancouver, British Columbia; November 30, 2018 – Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) is pleased to announce today it has entered into a non‐binding letter of intent (the “Agreement”) and exclusivity with Bigfoot Holdings Group Ltd. (c.o.b. as CoinGeek Mining & Hardware) (together with its affiliates, “CoinGeek”) to purchase crypto mining assets owned by CoinGeek and certain of its affiliates representing approximately 1 million terahash/s of computing power (or approximately 960 petahash/s) and other blockchain related assets (the “Assets”), for total consideration of approximately CAD$60.3 million consisting of (i) 114,793,565 common shares of Squire, having a…
VANCOUVER, British Columbia, Nov. 30, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) is pleased to announce today it has entered into a non-binding letter of intent (the “Agreement”) and exclusivity with Bigfoot Holdings Group Ltd. (c.o.b. as CoinGeek Mining & Hardware) (together with its affiliates, “CoinGeek”) to purchase crypto mining assets owned by CoinGeek and certain of its affiliates representing approximately 1 million terahash/s of computing power (or approximately 960 petahash/s) and other blockchain related assets (the “Assets”), for total consideration of approximately CAD$60.3 million consisting of (i) 114,793,565 common shares of…
You can download this document here: 2018.11.27 – SQR – CG Presentation
You can download this document here: 181212 SQR Return Card
You can download this document here Squire AGM Circular – FINAL (Oct 30, 2018)
VANCOUVER, British Columbia, Oct. 26, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR; FRA:9SQ; OTCQB:SQRMF) (“Squire” or the “Company”). Squire is pleased to announce the appointments of two new Directors and the subsequent appointment of three accomplished executives to its leadership team. Given the recent successful milestones achieved by the Company, specifically related to progress with the development of Squire’s next-generation ASIC chip and mining rigs for Bitcoin Cash (BCH), Bitcoin Core (BTC) and associated cryptocurrencies, the Board has undertaken to establish a market leading executive team to help evolve the Company from a research and development business to…
October 11, 2018 – VANCOUVER, B.C., Squire Mining Ltd. (CSE:SQR; FRA:9SQ; OTCQB:SQRMF) (“Squire” or the “Company”). Squire is pleased to announce Ennoconn Corporation (“Ennoconn”) as our hardware manufacturer for next-generation mining systems to mine Bitcoin Cash, Bitcoin, and other associated cryptocurrencies. Ennoconn is a leading industrial motherboard designer and total hardware system solution provider headquartered in Taipei, Taiwan and listed on the Taiwan stock exchange (TPE:6414). In 2007, Foxconn Technology Group, the largest “Electronic Manufacturing Service” company in the world, became the majority shareholder of Ennoconn, forming a strong strategic alliance in embedded system and electronic manufacturing. On August 21,…
The Company is pleased to report on its prototype ASIC chip testing event held in Seoul, South Korea. With executives and board members from Squire, Future Farm, CoinGeek, Gaonchips and Samsung Electronics
September 25, 2018 – VANCOUVER, B.C., Squire Mining Ltd. (CSE: SQR; OTCQB: SQRMF) –Squire is very pleased to announce Gaonchips as our design house and Samsung Electronics as our chosen foundry partner to manufacture our ASIC chips in Korea. On August 1, 2018, we announced that Squire had engaged an undisclosed arm’s length design fabrication firm to perform the back-end design, testing and initial mass production run of our next generation ASIC chip for mining Bitcoin. We are delighted that we are now able to disclose Gaonchips as our design house and Samsung Electronics as our…
VANCOUVER, B.C., Squire Mining Ltd. (CSE: SQR; OTCQB: SQRMF) – September 19, 2018 – Squire Mining Ltd. is pleased to announce that effective at the opening of the market on Wednesday, September 19, 2018, the Company’s common shares will begin trading on the OTCQB Venture Marketplace under the symbol “SQRMF”. Rich Wheeless, Chief Financial Officer of Squire, stated today “Listing on the OTCQB is a significant milestone for Squire. While we will continue to trade on the Canadian Securities Exchange, our OTCQB listing will provide better access to institutional investors and a broader shareholder base while providing our current and…
VANCOUVER, B.C., Squire Mining Ltd. (CSE: SQR) – September 10, 2018 – Squire is pleased to announce that Stefan Matthews has been appointed to the Board of Directors. Mr. Matthews has significant senior management and executive leadership experience totalling more than 30 years in the technology and online services sector, where he has been responsible for operations in Australia, Japan, Hong Kong, South Korea, Singapore, Spain, Malta and the United Kingdom at CIO, CTO and CEO level. He has been actively involved in several IPOs (Australia and USA) and multiple mergers and acquisitions. In 2015, Mr. Matthews was a founder…
VANCOUVER, British Columbia, Aug. 10, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE: SQR) – Further to the Company’s news release dated July 5, 2018, the Company is pleased to announce that it has closed its non-brokered private placement equity financing of $25,500,000 (the “Financing”) to fund its change in business (the “Change in Business”) as more particularly described in the Company’s Form 2A Listing Statement dated July 31, 2018 (the “Listing Statement”) posted under the Company’s profile on the Canadian Securities Exchange’s website at https://thecse.com/ and on SEDAR at www.sedar.com. …
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Aug. 02, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE: SQR) Further to the Company’s news releases dated July 5, 2018 and August 1, 2018, the Company has now posted its Form 2A Listing Statement dated July 31, 2018 (the “Listing Statement”) with respect to its previously announced change of business (the “Change of Business”) on the Canadian Securities Exchange’s website at https://thecse.com/. A copy of the Listing Statement has also been filed and is available…
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Aug. 01, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) – Further to the Company’s news release dated July 5, 2018 announcing its change of business (the “Change of Business”) to the development and manufacture of data mining infrastructure and system technology to support global blockchain applications in the mining space, the Company has entered into a design service agreement (the “Design Agreement”) with an arm’s length design fabrication company (the “Design Firm”) for the back-end design, testing and initial mass production…
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 05, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) – The Company announces that, subject to shareholder and regulatory approvals, it is undertaking a change of business (the “Change of Business”) from a mineral exploration company to a developer and manufacturer of data mining infrastructure and system technology to support global blockchain applications in the mining space. (more…)
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 29, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) – The Company has now completed the second and final tranche of its non-brokered private placement announced on March 14, 2018, as amended May 4, 2018. The Company issued an additional 3,744,500 units (the “Units”) at a price of C$0.25 per Unit for gross proceeds of $936,125. Each Unit consisted of one common share and one-half (1/2) of a share purchase warrant, each whole warrant entitling the holder to purchase an…
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 16, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) – The Company announces that it has increased the first tranche of its non-brokered private placement announced on March 14, 2018 and May 4, 2018. In addition to the 2,000,000 units announced on May 9, 2018, the Company has issued an additional 1,430,000 units, for a total of $2,357,500 raised to date. The units were issued at a price of C$0.25 per unit, with each unit comprised of one common share and…
VANCOUVER, British Columbia, May 09, 2018 (GLOBE NEWSWIRE) — NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Squire Mining Ltd. (CSE:SQR) – The Company announces that it has closed the first tranche (“Tranche 1”) of its non-brokered private placement announced on March 14, 2018 and May 4, 2018. A total of 8,000,000 units (the “Units”) were issued at a price of C$0.25 per Unit for gross proceeds of C$2,000,000. Each Unit is comprised of one common share and one-half (1/2) of a share purchase warrant, each whole warrant entitling the holder to…
VANCOUVER, British Columbia, May 04, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) – The Company announces that it has amended the terms of its non-brokered private placement announced on March 14, 2018. The private placement will now consist of a total of up to 12,000,000 units (the “Units”) at a price of C$0.25 per Unit for gross proceeds of up to C$3,000,000 (the “Financing”). Each Unit will be comprised of one common share and one-half (1/2) of a share purchase warrant, each whole warrant entitling the holder to purchase an additional common share at a price of C$0.50 for a…
VANCOUVER, British Columbia, April 12, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) (“Squire”) is pleased to announce the appointment of David Rokoss to the Board of Directors. Mr. Rokoss has a twenty year career as an entrepreneur and consultant, working with a variety of private and publicly listed companies, focusing on concept development, finance and operational management. For the last decade, he has consulted with numerous early stage companies across the mining, clean tech, retail and technology sectors, focusing on business and corporate development opportunities.
VANCOUVER, British Columbia, March 26, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) (“Squire”) is pleased to report the acquisition of seven mineral properties in the Chilcotin and Netchako regions of British Columbia. These properties cover an area of 4191.51 hectares and are prospective for gold and silver. The properties were acquired by staking and range from geological concepts to properties that have seen considerable previous work. These claims are located in central British Columbia 40 to 200 km southeast of New Gold’s Blackwater/Davidson deposit.
VANCOUVER, British Columbia, March 14, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. – The Company would like to announce it has entered into a binding letter of agreement with Peter Kim (“Kim”) to undertake, on an exclusive basis, the joint development of application specific integrated circuit (ASIC) chips to mine bitcoin and other crypto-currencies. The rapid growth shown in the blockchain and digital currencies sectors present clear opportunities for new providers developing next generation chips and system architecture. Upon completion of the ASIC chip development, it is expected the joint venture company will also initiate the sale of bitcoin and…
VANCOUVER, British Columbia, Feb. 13, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) – Further to the Company’s news release of December 6, 2017, the Company has amended the terms of its option agreement to acquire an interest in the Star property located 40 kilometres south southeast of Nazko in central British Columbia (the “Star Property”). Under the amended option, the Company has the right to acquire an initial 51% undivided interest in the Star Property in consideration for cash payments totalling $60,000 and exploration expenditures of $785,000 over a period of two and one-half years as follows:
VANCOUVER, British Columbia, Jan. 18, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (“Squire” or the “Company”) (CSE:SQR) announces that further to its release of December 6th regarding the proposed acquisition of a minority interest in the mining-related aspects of mesh technology, that the Company has begun to investigate other technology acquisitions in the internet-of-things, mesh networking and blockchain ecosystems. Squire continues to emphasize acquisitions that are resource-technology-related, but may consider making acquisitions that have global applications and then identifying partners to manage the non-resource-related aspects of the technology. “Squire has been exposed to numerous interesting technologies while completing due diligence…
VANCOUVER, British Columbia, Jan. 12, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR) – The Company announces that it has granted incentive stock options to certain directors, officers, employees and consultants, to purchase up to an aggregate of 3,500,000 common shares at an exercise price of $0.15 per share, exercisable for a term of two years from the date of grant. For further information contact: Kevin R. Hanson, Chief Financial Officer Telephone: (604) 929-0900 The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Squire Mining Ltd. (CSE:SQR) – Further to the Company’s news releases of November 20, 2017 and earlier today, the Company has now closed its non-brokered private placement of 10,133,333 units (the “Units”) at a price of $0.06 per Unit for gross proceeds of $608,000 (the “Financing”). Each Unit consists of one common share and one transferable share purchase warrant to purchase one additional common share at a price of $0.08 for a period of two years.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 15, 2017 (GLOBE NEWSWIRE) — Squire Mining Ltd. (“Squire” or the “Company”) (CSE:SQR) announces it has received subscriptions for a total of 10,133,333 units (the “Units”) at a price of $0.06 per Unit for gross proceeds of $608,000 pursuant to its non-brokered private placement announced on November 20, 2017 (the “Financing”). Each Unit consists of one common share and one transferable share purchase warrant to purchase an additional share at a price of $0.08 for a period of two years….
VANCOUVER, British Columbia, Dec. 06, 2017 (GLOBE NEWSWIRE) — Squire Mining Ltd. (“Squire” or the “Company”) (CSE:SQR) announces that due to, inter alia, forest fire closures and wild fires in the area of the Company’s Star property located 40 kilometres south southeast of Nazko in central British Columbia (the “Star Property”), the Company did not carry out exploration work on the Star Property during 2017. In light of same, the owner of the Star Property has indicated his agreement to extend the Company’s option to acquire an undivided 51% interest in the Star Property (the “Option”) for a period of one…
VANCOUVER, British Columbia, Dec. 01, 2017 (GLOBE NEWSWIRE) — Squire Mining Ltd. (“Squire” or the “Company”) (CSE:SQR) is pleased to report the appointment of Garry Stock as a director of the Company. (more…)