Wellfield Technologies Inc.

Recent News

• Wellfield Technologies Inc. Announces Planned Launch of Tokenized Gold Ecosystem

  In February 2023 Wellfield acquired Tradewind Markets, a leading blockchain based precious metals platform offering their flagship product VaultChain™ Gold: ownership of institutional gold custodied by the Royal Canadian Mint, digitized on Tradewind Market's enterprise blockchain.Capitalizing on this acquisition, Wellfield announces a planned calendar Q1 2024 launch of its revolutionary tokenized gold ecosystem.Wellfield aims to transform gold - one of the world's most enduring and recognized assets - into a financial product on Ethereum.Toronto, Ontario--(Newsfile Corp. - December 8, 2023)...

  2023-12-08 7:30 AM EST
• Wellfield Technologies, Inc. Reports Q2 Financial Results for the Three Months Ended September 30, 2023 and Other Corporate Updates

  Significant reduction of operating expenses realized resulting from successful operational reorganization of Coinmama announced in July 2023.Wellfield achieved a milestone first, exceeding $1 million dollars in quarterly gross margins during the three months ending September 30, 2023.Coinmama user acquisition from January 2023 to September 2023 exceeded 150,000 organic new user registrations, demonstrating Coinmama's enduring brand awareness and potential for further revenue growth.Toronto, Ontario--(Newsfile Corp. - November 30, 2023) - Wellfield Technologies Inc. (TSXV: WFLD) (OTCQB: WFLDF) (FSE: K8D) (the "Company"...

  2023-11-30 7:30 AM EST
• Wellfield Technologies, Inc. Announces Shareholder Meeting Results

  Toronto, Ontario--(Newsfile Corp. - October 23, 2023) - Wellfield Technologies Inc. (TSXV: WFLD) (OTCQB: WFLDF) (FSE: K8D) (the "Company" or "Wellfield") is pleased to announce the results of its annual general and special meeting of shareholders (the "Meeting"). At the Meeting, the Company's shareholders approved: (i) the re-election of the four nominated directors standing for re-election, being Levy Cohen, Chanan Steinhart, Neal Sample and Kristina Bates; (ii) the appointment of Kingston Ross Pasnak LLP as the Company's auditors; and (iii)...

  2023-10-23 7:30 AM EDT
• Wellfield Announces Appointment of Neal Sample to Chair of the Board in Preparation for Real World Asset Launch and New Revenue Streams

  Toronto, Ontario--(Newsfile Corp. - October 6, 2023) - Wellfield Technologies Inc. (TSXV: WFLD) (OTCQB: WFLDF) (FSE: K8D) (the "Company" or "Wellfield") is pleased to share exciting updates regarding its Board of Directors, aimed at positioning the company for future success as it prepares to add new revenue streams to Tradewind Markets, acquired earlier in the year, and commercialize valuable technology that enables decentralized financial services.The Company is pleased to announce that Neal Sample has been appointed as the Chair of...

  2023-10-06 7:30 AM EDT
• Wellfield Announces Partnership with Stablecorp and Canadian Growth Focus

  Toronto, Ontario--(Newsfile Corp. - September 26, 2023) - Wellfield Technologies Inc. (TSXV: WFLD) (OTCQB: WFLDF) (FSE: K8D) (the "Company" or "Wellfield") today announces, following its recent definitive agreement to acquire Alberta-based Brane Trust, a targeted growth effort aimed at the Canadian marketplace. Wellfield is now an Authorized Dealer of QCAD, a fully fiat-reserved Canadian Digital Dollar issued by Stablecorp Digital Currencies Inc.With this partnership, Wellfield aims to provide Canadians with direct and efficient access to more relevant blockchain opportunities, denominated...

  2023-09-26 7:30 AM EDT
• Wellfield Releases Interim Consolidated Financial Statements for the First Quarter of Fiscal 2024

  Toronto, Ontario--(Newsfile Corp. - August 30, 2023) - Wellfield Technology Services Inc. (TSXV: WFLD) (FSE: K8D) (the "Company" or "Wellfield"), announces the release of its unaudited financial results for the interim period ended June 30, 2023 (the "Interim Financial Statements"). The Interim Financial Statements reflect Wellfield's final full quarter of operations before the July 21 announced successful reorganization of Coinmama, which has led to improved margins. The documents are available on SEDAR+ at www.sedarplus.ca. All currency references used in this...

  2023-08-30 7:30 AM EDT
• Wellfield Announces Acquisition of Interest in Bosonic, Inc. and Closing of Private Placements

  Toronto, Ontario--(Newsfile Corp. - August 4, 2023) - Wellfield Technologies Inc. (TSXV: WFLD) (OTCQB: WFLDF) (FSE: K8D) (the "Company" or "Wellfield") announces that it has closed the transactions contemplated by a definitive share exchange agreement dated August 3, 2023 (the "Share Exchange Agreement") with Earth Corporation ("EarthCo") and Bosonic, Inc. ("Bosonic"). Under the Share Exchange Agreement, Wellfield has acquired 517,100 common shares and 1,155,000 series B preferred shares in the capital of Bosonic (collectively, the "Purchased Shares") from EarthCo. The...

  2023-08-04 9:00 AM EDT
• Wellfield Announces Strategic Investment in Bosonic Inc.

  Toronto, Ontario--(Newsfile Corp. - July 28, 2023) - Wellfield Technologies Inc. (TSXV: WFLD) (OTCQB: WFLDF) (FSE: K8D) (the "Company" or "Wellfield"), today announced that it has signed a non-binding letter of intent (the " LOI") to enter into an agreement with Earth Corporation ("EarthCo") to acquire 517,100 common shares and 1,155,000 series B preferred shares in the capital of Bosonic, Inc. ("Bosonic") (the "Proposed Investment"), representing an approximately 9.7% interest in Bosonic on a fully diluted basis. Bosonic develops unique...

  2023-07-28 8:30 AM EDT
• Wellfield Technologies, Inc. Releases Annual Financial Statements, Announces Financings, and Provides Other Corporate Updates

  Toronto, Ontario--(Newsfile Corp. - July 28, 2023) - Wellfield Technologies Inc. (TSXV: WFLD) (OTCQB: WFLDF) (FSE: K8D) (the "Company" or "Wellfield"), announces the release of its audited annual financial statements for the fifteen months ended March 31, 2023 (the "Financial Statements"), with comparatives for the twelve months ended December 31, 2021, as a result of the change of financial year-end of the Company previously announced in the Company's news release dated December 21, 2022. The Financial Statements highlight Wellfield's corporate...

  2023-07-28 7:30 AM EDT
• Wellfield Executes Definitive Agreement to Acquire Brane Trust Company Ltd.

  Positions Wellfield to wholly own Canada's second qualified digital asset custodian, subject to final registrations and regulatory approvals.Significant untapped opportunity to monetize Wellfield Capital's base of high net worth and institutional customers.Provides custodial capabilities for Wellfield's plan to enable VaultChain Gold ™ on public blockchains.Enables Wellfield to capture custodial demand (via Brane Trust) and non-custodial demand (via Wellfield Capital) as the decentralized finance and digital real world asset ecosystems continues to evolve.Toronto, Ontario--(Newsfile Corp. - July 26, 2023) - Wellfield...

  2023-07-26 7:30 AM EDT