Lynx Global attracts FinTech expert to the Board
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Lynx Global attracts FinTech expert to the Board
Vancouver, BC and London, UK -- (Newsfile Corp. – November 2, 2021) - Lynx Global Digital Finance
Corporation (CSE: LYNX) (OTC Pink: CNONF) (FSE: 3CT0) ("Lynx" or the "Company") is pleased to announce
the addition of Dr. Georg Hochwimmer to the board of directors.
Dr. Hochwimmer is the Chief Analyst at General Research, GmbH, a leading Munich -based securities
research and analysis firm.
Dr. Hochwimmer is a noted business consultant and academic responsible for aiding in the development
of several highly profitable companies thr oughout Europe. He serves as the CEO of supraMAT
Technologies AG, a business incubator for German technology companies and is a Managing Director of
Microdrop Technologies.
“I have been working with Lynx on a consulting basis and in doing research I have become very excited
about the opportunities and business strategy they are executing. The concept of a financial ecosystem
that uses technology to drive down transaction cost s and make digital banking widely available in
untapped markets is a very timely strategy. I believe I will be able to bring a lot of accretive opportunities
to the management team over the coming quarters,” stated Dr. Hochwimmer.
Dr. Hochwimmer joins the board as the Company is working diligently to harmonize the components of
Lynx’s digital payment platform, including a fully licensed Bank.
“I have enjoyed working with Dr. Hochwimmer immensely and I look forward to having his exper ience
and skills come to bear on financing and growing a multi-national corporation. We have already discussed
the many ways his client base can help increase the revenue streams at Lynx ,” stated Mike Penner, CEO
Lynx.
For more information, please contact:
Michael Penner, CEO
+1 (604) 396-9974
[email protected] www.lynxglobal.io
ABOUT LYNX DIGITAL GLOBAL FINANCE:
Lynx seeks to become a leader in financial technology, solutions, and services for large -scale merchants, financial
institutions and other B2B industry partners by way of integration to the Lynx digital payment platform. The
Company's payment solutions are powered by a broad suite of payment technologies and services. The Company
has targeted banking and fintech relationships in ASEAN and Oceania, a region with a population approaching 700
million, that can provide Lynx a financial network hub location to service and operate a global traditional and digital
financial infrastructure. By working with selected banking and/or licensed EMI partners, the Company will be able
to offer a digital payment platform with a full suite of payment solutions, which may incl ude merchant acquiring
solutions; card issuing; remittance and forex; and custodial digital asset services, including digital wallet services.
The Company seeks organic growth while investigating potential strategic acquisitions that may contribute critica l
technology applications, additional services and revenue streams, and that can complement or enhance existing
offerings and potentially increase or expedite the path to future profitability. While Lynx believes that significant
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near-term opportunities ex ist for the Company's strategic initiatives, there can be no assurance that goals and
objectives will be reached or that any such underlying efforts or agreements will provide successful or positive
outcomes should they be implemented.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR
ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD-LOOKING STATEMENTS: Certain information contained herein may constitute "forward -looking
information" under Canadian securities legislation, including the ability of Dr. Hochwimmer to bring accretive
opportunities to the management of Lynx over the coming quarters, the impact of Dr. Hochwimmer on Lynx’s ability
to finance and grow as a multinational corporation and the ways in which his client base c ould help increase the
revenue streams at Lynx . Generally, forward -looking information can be identif ied by the use of forward -looking
terminology such as, "will be", or variations of such words and phrases or statements that certain actions, events,
or results "will" occur. Forward-looking statements are based on the Company's estimates and are subject to known
and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance,
or achievements of Lynx to be materially different from those expressed or implied by such forward -looking
statements or forward-looking information, including capital expenditures, other costs, or implied future forecasts.
The Company further again cautions that all forward -looking statements are inherently uncertain, and that actual
performance may be affected by a number of materi al factors, many of which are beyond the Company's control.
Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history
and the need to comply with environmental and governmental regulations. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements
and information. Lynx will not update any forward -looking statements or forward -looking information that are
incorporated by reference herein, except as required by applicable securities laws.