Gunpowder Looks to Build on Blockchain Success

March 07, 2018 7:30 AM EST | Source: Gunpowder Capital Corp.

Toronto, Ontario--(Newsfile Corp. - March 7, 2018) - Gunpowder Capital Corp. (CSE: GPC) (CSE: GPC.PR.A) (OTCQB: GNPWF) (FSE: YS6N) ("Gunpowder" or the "Corporation") announced today that after completing its recent investment in BitBlox Technologies Inc., ("BitBlox") and facilitating the proposed reverse takeover (the "RTO") of Meryllion Resources Corp., (CSE: MYR) by the shareholders of BitBlox, the Corporation is very interested in further establishing itself in the Blockchain / Cryptocurrency space.

The Corporation is announcing that its currently actively seeking private Blockchain / Cryptocurrency companies in both Canada and the USA whom are in need of assistance with back office administration, capital markets support and looking to go public.

Furthermore, the Corporation is also interested in hearing from publicly traded entities who are considering undertaking a Reverse Take Over transaction or who are in need of reorganization and a change of business.

All interested parties should contact the Corporation's CFO, Mr. Paul Haber via the e-mail address indicated below in this press release.

About Gunpowder Capital Corp.

Gunpowder Capital Corp., is a merchant bank and advisory services firm based in Toronto, Ontario, Canada. Gunpowder invests in both publicly traded and private businesses that have successful management teams and attractive economic models. Gunpowder partners with these businesses to support their growth initiatives with its proven methodology of appropriate financing and structured exits. Gunpowder offers debt financing, including mezzanine and bridge loans, equity financing and advisory services. Gunpowder is also building a portfolio of companies in which it takes a long term position and view. For more information please visit www.gunpowdercapitalcorp.com

For further information please contact:

Mr. Frank Kordy
CEO & Director
Gunpowder Capital Corp.
T: (647) 466-4037
E: frank.kordy@gunpowdercapitalcorp.com

Mr. Paul Haber
CFO
Gunpowder Capital Corp.
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com

Forward-Looking Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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