Wellfield Commences Trading on OTCQB and Announces DTC Eligibility
Toronto, Ontario--(Newsfile Corp. - December 8, 2022) - Wellfield Technologies, Inc. (TSXV: WFLD) (OTCQB: WFLDF) (FSE: K8D) (the "Company" or "Wellfield"), today announced that, effective as of December 7, the Company's common shares commenced trading on the OTCQB Venture Market ("OTCQB") under the symbol "WFLDF". The Company's shares are also eligible for electronic clearing and settlement in the United States through The Depository Trust Company ("DTC"), making its stock more accessible to...
2022-12-08 7:45 AM EST
Wellfield Reports Financial Results for the Third Quarter Ended September 30, 2022
Wellfield Capital - the Company's recently introduced institutional platform - and the launch of its proprietary blockchain protocols.Toronto, Ontario--(Newsfile Corp....
2022-11-29 7:45 AM EST
Wellfield Sees Continued Growth in Trading Volumes During Q4 - Expects Ongoing Shift Toward Safer Decentralized Alternatives
As previously announced, Wellfield expects to report preliminary unaudited revenue of $19 million in Q3 2022. From October 1, 2022, to November 13, 2022, Wellfield has generated $15 million in preliminary unaudited revenue, driven by the performance of its Coinmama and Wellfield Capital business lines. In both Q3 and Q4 2022, the Company expects gross margin to be approximately consistent with Q2 2022.The Company expects a meaningful portion of global crypto trading volume to continue...
2022-11-15 7:45 AM EST
Wellfield Announces $19 Million Preliminary Unaudited Revenue in Q3 2022 - Launches Global Growth Strategy
Q3 2022 is the first period that includes full quarter results from Coinmama, which the Wellfield acquired at the end of May 2022. The Company expects gross margin in Q3 to be approximately breakeven, consistent with Q2 2022.The Company's early initiatives to grow revenue, users, and engagement have been successful, and are expected to accelerate during Q4 with the launch of its mobile financial app.Wellfield is on track to continue growing quarterly recurring revenue in Q4 and through the...
2022-10-21 7:45 AM EDT
Wellfield Reports Financial Results for the Second Quarter Ended June 30, 2022
Toronto, Ontario--(Newsfile Corp. - August...
2022-08-30 7:55 AM EDT
Early Warning News Release Regarding the Shares of Wellfield Technologies Inc.
Ontario and Vancouver, British Columbia--(Newsfile Corp. - November 24, 2021) - Jennifer Goldman ("Goldman"), L5 Capital Inc. ("L5"), Mode Investments Corp. ("Mode") (collectively, the "Reporters") and Levy Cohen ("Cohen") announce that, immediately following completion of the Business Combination (as defined below), each Reporter's deemed beneficial ownership of common shares ("Common Shares") in the capital of Wellfield Technologies Inc. (formerly, 1290447 B.C. Ltd.) (the "Company")...
2021-11-24 11:22 PM EST
1290447 B.C. Ltd. Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - June 10, 2021) - 1290447 B.C. LTD. (the "Company") is pleased to announce that it has closed a non-brokered private placement on June 9, 2021 for aggregate gross proceeds of approximately $58,666 (the "Private Placement"), through the issuance of 733,333 common shares in the share capital of the Company (each, a "Common Share" and collectively, the "Common Shares"), at a price of $0.08 per Common Share. All Common Shares issued pursuant to the Private...
2021-06-10 2:15 PM EDT
1290447 B.C. Ltd. Announces Proposed Business Combination with Blockchain Innovators Seamless Logic and MoneyClip to Form Wellfield Technologies
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2021) - 1290447 B.C. Ltd. (the "Company") is pleased to announce that it has entered into a business combination agreement (the "Business Combination Agreement") with Seamless Logic Software Limited, a company existing under the laws of Gibraltar ("Seamless") and MoneyClip Inc., a company existing under the laws of the State of Delaware ("MoneyClip"). Upon completion of the Business Combination (as defined below), the Company is expected...
2021-05-21 6:19 PM EDT