VANCOUVER, BC, April 22, 2025 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR, OTCQB: SBLCF) ("Spirit" or the "Company"), a leading blockchain technology investment company, is pleased to announce its successful upgrade to the OTCQB Venture Market ("OTCQB"), effective April 22, 2025. Spirit's common shares will continue to trade on the Canadian Securities Exchange under the symbol "SPIR".
The Company's common shares will begin trading on the OTCQB under the symbol "SBLCF" as of market open tomorrow. This achievement represents a significant milestone in Spirit's growth trajectory and commitment to enhancing shareholder value.
"Our upgrade to OTCQB marks a pivotal moment for Spirit Blockchain Capital and our shareholders," said Lewis Bateman, Chief Executive Officer of Spirit Blockchain Capital. "This advancement provides greater visibility within the U.S. investment community and improves accessibility for U.S. investors seeking to participate in the expanding blockchain economy through our diversified portfolio of assets."
The OTCQB, operated by OTC Markets Group Inc., is a premier marketplace for entrepreneurial and development stage companies that are current in their financial reporting and undergo an annual verification and management certification process. The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market providing public information for analysis and value of securities.
Real-Time quotes and market information for Spirit can be accessed on the OTC Market's website at www.otcmarkets.com.
Benefits of the OTCQB upgrade include:
- Enhanced visibility and accessibility to the U.S. investment community
- Improved liquidity potential and broader shareholder base
- Greater transparency through higher reporting standards
- Increased credibility with the financial community
Spirit Blockchain Capital continues to focus on its strategic initiatives in blockchain technology investments, cryptocurrency mining operations, and digital asset management across multiple blockchain ecosystems.
About Spirit Blockchain Capital Inc.
Spirit Blockchain Capital Inc. is a growth-oriented investment company focused on the blockchain technology sector. With a diversified portfolio approach, the Company invests in blockchain infrastructure, cryptocurrencies, mining operations, and emerging blockchain technologies. Spirit aims to create shareholder value through strategic investments in a rapidly expanding digital asset landscape.
Investor Relations Contact:
Lewis Bateman
info@spiritblockchain.com
For More Information
Visit: www.spiritblockchain.com
Email: info@spiritblockchain.com
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.
Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. 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 long-form prospectus dated August 8, 2022, that is available on the Company's profile on SEDAR at www.sedar.com. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
Neither the CSE nor OTC Markets Group Inc. has reviewed, approved or disapproved the content of this press release.
