Btl Group Announces Grant of Stock Options
BTL GROUP ANNOUNCES GRANT OF STOCK OPTIONS
For Immediate Release
Vancouver, Canada / London, UK October 12, 2017
BTL GROUP LTD. (TSX Venture: BTL) (“BTL” or the “Company”) announces the grant of
options to acquire a total of 200,000 common shares (“Common Shares”) of the Corporation at
an exercise price of CAD$3.25 per share, such options to vest as to one-half on October 12,
2018 and one-half on October 12, 2019. The options expire five years from the date of grant. Of
those options, 150,000 have been granted to Dominic McCann in connection with his recent
appointment as Chief Executive Officer of the Company (see the Company’s press release of
October 2, 2017).
ABOUT BTL GROUP LTD. AND INTERBIT
Listed on the TSX Venture Exchange (TSX Venture: BTL) and operating from both Canada and
the UK, BTL is an enterprise technology platform provider that is developing Interbit, a
proprietary private blockchain. Via the Interbit platform, BTL can help companies greatly reduce
risks and costs by securely streamlining existing IT infrastructures. To date, BTL has
successfully demonstrated how Interbit can innovate and transform existing business system
processes for leading companies in the finance, energy and gaming sectors.
Interbit is a fast, encrypted and scalable multi-chain technology platform. Via its suite of APIs
and smart contracts, Interbit allows businesses around the world to improve efficiency in trading
and operations, accelerate development of internal systems, and embrace new revenue
generating opportunities, while providing the high levels of security, resilience and auditability
required in regulated enterprise environments.
With offices in Vancouver and Calgary, Canada and London, UK, BTL is positioning itself as a
front-runner in the blockchain ecosystem, partnering with and enabling enterprises on Interbit in
order to improve their existing IT systems.
Website: www.btl.co
Twitter: https://twitter.com/blockchainltd
Videos: https://youtu.be/YFOH0YEHLak and https://youtu.be/V614_0UtHws
For further information about BTL and Interbit please contact:
Angus Campbell, Inquiries
Phone: +44 (0) 20 7100 0850
Email: [email protected]
Brian Hinchcliffe, Executive Chairman
Phone: +1 914 815 2773
Email: [email protected]
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Certain statements in this release are forward-looking statements, which include further
development of BTL’s business relationships and business, the development and success of
BTL’s technologies and products, and other matters. Forward-looking statements consist of
statements that are not purely historical, including any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such information can generally be identified by
the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”,
“believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not
to place undue reliance on forward-looking statements, as there can be no assurance that the
plans, intentions or expectations upon which they are based will occur. By their nature, forward-
looking statements involve numerous assumptions, known and unknown risks and uncertainties,
both general and specific, that contribute to the possibility that the predictions, estimates,
forecasts, projections and other forward-looking statements will not occur. These assumptions,
risks and uncertainties include, among other things, the state of the economy in general and
capital markets in particular, the development of competitive technologies, the marketplace
acceptance of BTL’s technologies and products, as well as those risk factors discussed or
referred to in BTL's annual Management's Discussion and Analysis for the year ended
December 31, 2016 available at www.sedar.com, many of which are beyond the control of BTL.
Forward-looking statements contained in this press release are expressly qualified by this
cautionary statement.
The forward-looking statements contained in this press release are made as of the date of this
press release. Except as required by law, BTL disclaims any intention and assumes no
obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. Additionally, BTL undertakes no obligation to comment
on the expectations of, or statements made by, third parties in respect of the matters discussed
above.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.