Btltm Confirms No Material Change
BTLTM CONFIRMS NO MATERIAL CHANGE
For Immediate Release
Vancouver, Canada / London, UK March 15, 2018
BTL GROUP LTD. (TSX Venture: BTL) (“BTL” or the “Company”), at the request of IIROC,
wishes to confirm that it is not aware of any corporate development, news or undisclosed material
change to the Company or its operations that would account for the recent volatility in the stock
market activity.
“The Company continues to advance towards near-term release of InterbitTM, its proprietary
blockchain technology platform, however, clearly our stock price has been greatly impacted by
the financial flows in the unrelated cryptocurrency markets over the last six months”, stated Brian
Hinchcliffe, Executive Chairman of the Company.
ABOUT BTLTM AND INTERBITTM
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
third generation blockchain platform. Via Interbit, BTL can help companies greatly reduce risks
and costs by securely streamlining existing IT infrastructures. BTL has successfully demonstrated
how Interbit can innovate and transform existing business processes for leading companies in the
finance, energy and gaming sectors.
Interbit is a fast, private, and scalable inter-connected blockchain 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
For further information please contact:
Angus Campbell, Inquiries
Phone: +44 (0) 20 7100 0850
Email: [email protected]
Dominic McCann, CEO
Phone: +1 855 256 5246
Email: [email protected]
TM
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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, 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.