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Bitcoin Well Inc. Announces Completion of Qualifying Transaction

Jun 14, 2021 - GlobeNewswire
Board and Executive Moves-Mergers and Acquisitions

EDMONTON, Alberta, June 14, 2021 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (formerly Red River Capital Corp.) (the “Company”) (TSXV: XBT.P) announces today that it has completed its previously announced arm’s length qualifying transaction (the “Transaction”) with 1739001 Alberta Ltd. (o/a Bitcoin Well) (“Old Bitcoin Well”) along with the conversion of the subscription receipts (the “Subscription Receipts”) issued in connection with the Company’s previously announced $7.0 millio...