Btl Group Files Q1 2017 Financials
BTL GROUP FILES Q1 2017 FINANCIALS
For Immediate Release
Vancouver, Canada / London, UK May 30, 2017
BTL GROUP LTD. (TSX Venture: BTL) (“BTL” or the “Company”) announces that it has filed its
interim financial statements and Management’s Discussion and Analysis for the period ended 31st
March 2017, which can be found under BTL’s profile on SEDAR (www.sedar.com), and which
sets forth detailed operating and financial results for the Company.
BTL is working towards the Beta release of Interbit in Q3 of this year, and continues to test and
validate Interbit in the market with its pilot projects.
“The first quarter of 2017 has already been a busy and productive one for BTL,” said Guy Halford-
Thompson, BTL’s Chief Executive Officer. “In addition to the ongoing pilots we are running, we
are honored to have been recognized as a TSX Venture 50 Company during the first quarter of
2017. The Q3 release of the Beta version of Interbit is on track and benefiting from input and
suggestions from key clients.”
ABOUT BTL GROUP LTD AND INTERBIT
Operating from both Canada and the UK, BTL is an enterprise technology platform provider that
has built Interbit, a proprietary private blockchain. Via its 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 system processes for leading
companies in the finance, energy and gaming sectors.
Interbit is a fast, encrypted, scalable, privat e, but open, multi-chain technology platform. Via its
suite of APIs and smart contracts Interbit allow s businesses from across the world to improve
efficiency by securely trading and auditing assets in compliance with relevant regulations.
With offices in Vancouver and Canary Wharf in London, BTL is positioning itself as a front-runner
in the blockchain ecosystem, partnering with and enabling enterprises on Interbit in order to im-
prove their existing IT systems.
Website: www.btl.co
Twitter: https://twitter.com/blockchainltd
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For further information please contact:
Angus Campbell, Inquiries
Phone: +44 (0) 20 7100 0850
Email: [email protected]
Guy Halford-Thompson, CEO
Phone: +1 855 256 5246
Email: [email protected]
Certain statements in this release are forward-looking statements, which include further
development of BTL’s business relationships and business and the development and success of
BTL’s technologies and products, including the development and timing of the launch of the Beta
version of Interbit, 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, and other factors, 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.