1-30-18 9:01 AM EST | Email Article

(TheNewswire)



Toronto, Ontario / TheNewswire / January 30, 2018 - Blox Labs Inc. (“BLOX” or the “Company”) (CSE: BLOX) (US OTC: BLLXF) (FSE: BR1B) is pleased to announce that it has qualified to trade on the US OTC Pink Marketplace under the trading symbol “BLLXF”. Additionally, the Company is in the process of applying for eligibility for book-entry delivery and depository services of the Depository Trust Company (DTC) to facilitate electronic settlement of transfers of its common shares in the United States.

This electronic method of clearing securities speeds up the receipt of stock and cash and thus accelerates the settlement process for investors. The DTC is a subsidiary of the Depository Trust and Clearing Corporation (DTCC) and manages the electronic clearing and settlement of securities of publicly traded companies in the United States. Securities that are eligible to be electronically cleared and settled through the DTC are considered DTC eligible. BLOX shall provide confirmation when and if DTC eligibility has been granted for its common shares.

About Blox Labs

Blox Labs Inc. (CSE: BLOX) (US OTC: BLLXF) (FSE: BR1B) is a boutique technology development company focused on creating best-in-class software solutions that are driven by emerging trends in Blockchain, Smart Contracts and Decentralized Application Technologies. BLOX recently entered the Canadian Cannabis space with the development of cannaBLOX, a Blockchain solution focused on Cannabis seed-to-sale provenance verification . The Company is actively targeting partnerships and strategic acquisitions of high growth companies.

Blox Labs Inc.

Harald Seemann

CEO and Director

Phone: +1.416.879.1989

Email: ir@bloxlabs.ca

Website: www.bloxlabs.ca

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information

This news release includes forward-looking information within the meaning of Canadian securities legislation concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company, including future plans for development of technologies by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are made as of the date of this news release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Copyright (c) 2018 TheNewswire - All rights reserved.

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