TORONTO, Aug. 21, 2018 (GLOBE NEWSWIRE) -- Blockchain Foundry Inc. ("BCF" or the "Company") (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is pleased to announce that the Company's shares have begun trading under the ticker symbol BLFDF on the OTCBB marketplace.
BCF is also in the process of applying for eligibility for book-entry delivery and depository services of the Depository Trust Company ("DTC"), to facilitate electronic settlement of transfers of its common shares in the United States. This electronic method of clearing securities speeds up the receipt of stock and cash and accelerates the settlement process for investors. DTC eligibility will help enhance the Company's potential investor base and offer a more convenient trading experience for current and future shareholders.
DTC is a subsidiary of the Depository Trust and Clearing Corporation ("DTCC") and manages the electronic clearing and settlement of securities of publicly traded companies in the United States. Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible. BCF will provide confirmation when and if DTC eligibility has been granted for its common shares.
BCF is also listed on the Börse Frankfurt under the symbol 8BF. The Company's tri-listing contributes to a genuine global presence and affords investors preeminent access to trading liquidity.
About Blockchain Foundry Inc.
Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology in their businesses.
Blockchain Foundry Media Contact Information:
Chief Financial Officer
Certain portions of this press release contain "forward-looking information" within the meaning of applicable Canadian securities legislation, which is also referred to as "forward-looking statements", which may not be based on historical fact. Wherever possible, words such as "will", "plans," "expects," "targets," "continues", "estimates," "scheduled," "anticipates," "believes," "intends," "may," "could," "would" or might, and the negative of such expressions or statements that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved, have been used to identify forward looking information.
Forward looking statements should not be read as guarantees of future events, future performance or results, and will not necessarily be accurate indicators of the times at, or by which, such events, performance or results will be achieved, if achieved at all. Readers should not place undue reliance on such forward-looking statements, as they reflect management's current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by BCF are inherently subject to significant business, economic, regulatory, competitive, political and social uncertainties and contingencies. Many factors could cause BCF's actual results, performance or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements.
Published by: Nasdaq.com