Blockchain Technology LTD (BTL) is excited to announce that they will be sponsoring two seats in the upcoming January session of Launch Academy’s Lean Entrepreneur Program. The Lean Entrepreneur Program provides first-time entrepreneurs and career-changers with the best practices for building a lean startup. This program focuses on what’s essential to you in the first six months of your startup journey.
BTL Group Ltd. (formerly Northern Aspect Resources Ltd.) (“BTL”), is pleased to announce that it has closed its previously announced qualifying transaction (the “Transaction”) with Blockchain Tech Ltd. (“Blockchain”), a developer of blockchain technologies. As part of the Transaction, BTL changed its name from Northern Aspect Resources Ltd. to BTL Group Ltd. Following completion of the Transaction, Blockchain is now a wholly-owned subsidiary of BTL, BTL intends to meet the listing requirements for a “Tier 2” technology issuer on the TSX Venture Exchange (the “Exchange”) and BTL will continue the business of Blockchain (described in further detail below).
Trading in the common shares of BTL is expected to begin on the TSX Venture Exchange (the “Exchange”) on November 6, 2015 under the symbol “BTL”.
The following is part 2 of a 3 part opinion series on the blockchain by Daniel Sutton.
Blockchain is going to change the way you transact. Drastically.
The Atlantic recently reported that to read all the user agreements that you encounter in your year would take 76 working days. That’s why we don’t read them, for better or worse. Extrapolate then, the time you spend filling in bank forms, applications, online memberships, rental agreements, insurance, tax, and the thousand other daily identity verification procedures you go through to essentially establish: a) that you are who you say you are; and b) that you can be trusted.
Northern Aspect Resources Ltd. (TSX VENTURE:NTH.H) (“NARL” or the “Corporation”), a capital pool company, is pleased to announce that it has entered into a binding definitive share exchange agreement dated August 31, 2015 (the “Definitive Agreement”) with Blockchain Tech Ltd. (“BTL”), to provide for the completion of a business combination with BTL (the “Transaction”), as more particularly described below. The Transaction was initially announced in a NARL press release dated June 17, 2015, indicating NARL and BTL had entered into a binding letter of intent in respect of the Transaction.
The Transaction is subject to a number of terms and conditions as set forth in the Definitive Agreement, including (among other things) the approval of the TSX Venture Exchange (the “Exchange”). If completed, the Transaction will constitute the “Qualifying Transaction” of NARL, as such term is defined in Policy 2.4 of the Exchange.
The following is part 1 of a 3 part opinion series on the blockchain by Daniel Sutton.
Blockchain has the potential to redefine the way we transact. It represents a technological Swiss Army Knife, cropping up in applications from tracability of food to borderless money transfer. While often associated with the indelible ledger of Bitcoin transactions, broader appreciation for the implications of a trustless, two party transaction mechanism are inspiring a new generation of Blockchain companies to diversify their market scope. What TCP/IP is to the internet, Blockchains will be to transactions.
CALGARY, ALBERTA–(Marketwired - Aug. 11, 2015) -
(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)
Northern Aspect Resources Ltd. (NEX:NTH.H) (the “Corporation”), a capital pool company, is pleased to confirm the terms of its previously announced brokered private placement (the “Private Placement”). Further to the Corporation’s press release dated July 13, 2015, the Corporation has engaged M Partners Inc. to act as agent on a commercially reasonable best efforts basis in connection with a proposed brokered private placement of a minimum of 1,400,000 subscription receipts and a maximum of 2,000,000 subscription receipts of the Corporation (“Subscription Receipts”) at a price of CAD$0.50 per Subscription Receipt for minimum gross proceeds of CAD$700,000 and maximum gross proceeds of CAD$1,000,000.
CALGARY, ALBERTA–(Marketwired - June 29, 2015) -
(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)
Northern Aspect Resources Ltd. (NEX:NTH.H) (the “Corporation”), a capital pool company, announces that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 2,000,000 common shares (“Common Shares”) of the Corporation at a price of $0.15 per share for gross proceeds of up to $300,000. The net proceeds of the Private Placement will be used with a view to completing a “Qualifying Transaction” and for general working capital purposes.
The Private Placement is anticipated to close in July 2015; however, completion is subject to certain conditions, including approval of the NEX Board of the TSX Venture Exchange (the “NEX”) to the listing of the Common Shares on the NEX. The Common Shares will be subject to a hold period ending four months and a day from the date of closing.