Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Bitcoin Well Announces Appointment of Chief Financial Officer

EDMONTON, Alberta , Dec. 20, 2021 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (TSXV: BTCW) (“Bitcoin Well” or “Company”), a technology company building and utilizing products that offer safe and easy ways to buy, sell and use bitcoin, today announces the appointment of Mr. Allen D. Stephen, CPA, CA, MBA who joins Bitcoin Well as our Chief Financial Officer.

Mr. Stephen is a seasoned finance executive with extensive experience in banking and fintech. For the past two years, Mr. Stephen was the Head of Finance at Neo Financial Technologies Inc., (“Neo”) a high-growth, fintech start-up based in Calgary, Alberta. He led debt financing and venture capital fundraising and was responsible for building the finance, credit risk, compliance and legal teams. Prior to his role at Neo, Mr. Stephen was a senior leader at Canadian Western Bank, a publicly traded company headquartered in Edmonton, Alberta. As the Vice President of Finance and Chief Accountant, his 12-year tenure at Canadian Western Bank included oversight of internal and external financial reporting, taxation, forecasting, regulatory compliance, acquisitions & divestitures, capital issuances, and investor relations. In addition to his extensive banking and public company experience, Mr. Stephen has led finance teams in the utilities industry. Mr. Stephen holds a Bachelor of Commerce degree from the University of Saskatchewan, a Masters of Business Administration degree from the University of Regina, and is a member in good standing with the Chartered Professional Accountants of Alberta.

“We are incredibly excited to welcome Mr. Stephen as our CFO, starting with the Company on January 4, 2022.” said Adam O’Brien, CEO of Bitcoin Well. “His wealth of experience in both banking and financial technology will be a tremendous asset as we continue our mission to give society the fastest and safest way to buy, sell and use bitcoin.”

Mr. Stephen assumes the CFO position from Mr. Luke Thibodeau who was Controller and had been serving as the Interim Chief Financial Officer of Bitcoin Well. We thank Mr. Thibodeau for his support during this CFO transition. He will remain with Bitcoin Well in the role of Director of Finance.

About Bitcoin Well

Bitcoin Well (TSXV: BTCW) offers convenient, secure and reliable ways to buy and sell bitcoin through a trusted Bitcoin ATM network, white glove in-person service and a suite of web-based transaction services. Based on management’s assessment of publicly-available data, Bitcoin Well is the first publicly traded Bitcoin ATM company in the world, with an enterprising consolidation strategy to deliver accretive and cost-effective expansion in North America and globally. As leaders of the longest-running, founder-led Bitcoin ATM company in Canada, management of Bitcoin Well brings deep operational capabilities that span the entire value chain along with access to proprietary, cutting-edge software development that supports further expansion. Bitcoin Well is on a mission to shift the relationship that society has with money by offering an ecosystem of products and services that make Bitcoin accessible and understood. This ecosystem includes non-custodial financial offerings (both in-person and online); technology development, including SaaS and internal technology developments through Ghostlab, the technology arm of the business; and educational resources designed with the needs of both the customers, and the industry, in mind.

Sign up for our newsletter and follow us on LinkedIn, Twitter, YouTube, Facebook, and Instagram to keep up to date with our business. For information on where to access in-person services visit bitcoinwell.com/appointment/.

Contact Information
For investor information, please contact:

Bitcoin Well

10142 82 Avenue NW
Edmonton, AB T6E 1Z4
bitcoinwell.com

Adam O’Brien, President & CEO or
Dave Bradley, Chief Revenue Officer
Tel: 1 888 711 3866
[email protected]

Myles Dougan, Director of Investor Relations
Tel: 587 982 2769
[email protected]

For media queries and further information, please contact:

Karen Smola, Director of Marketing
Tel: 587 735 1570
[email protected]

Reader Advisory / Forward-Looking Statements

Statements in this press release regarding Bitcoin Well which are not historical facts are “forward-looking statements” that involve risks and uncertainties, such as the timing of expansion plans and activities, allocation of the proceeds from the private placement as well as various business objectives. 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. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties such as the risk that the closing may not occur for any reason. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) adverse market conditions and (ii) the need for additional financing. Except as required by law, Bitcoin Well does not intend to update any changes to such statements.


Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).