Coinsquare

WonderFi Announces Expansion into Australia

Retrieved on: 
화요일, 3월 19, 2024

FXI is registered in Australia to offer crypto trading and payment remittances within the region.

Key Points: 
  • FXI is registered in Australia to offer crypto trading and payment remittances within the region.
  • WonderFi, through FXI, will launch over-the-counter (OTC) trading services in Australia in Q2 2024, with plans to roll out a comprehensive suite of offerings for retail and institutional traders in Q3 2024.
  • Tim Lo, recently appointed as Head of Sales in the Asia-Pacific (APAC) region, will spearhead the go-to-market strategy in Australia.
  • With its high cryptocurrency adoption rates and vibrant digital asset community, the Australian market has tremendous potential for WonderFi.

DMG Blockchain Solutions Appoints Lawrence Truong as Strategic Advisor

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목요일, 9월 21, 2023

VANCOUVER, British Columbia, Sept. 20, 2023 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and cryptocurrency technology company, announces it has appointed Lawrence Truong as Strategic Advisor.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 20, 2023 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and cryptocurrency technology company, announces it has appointed Lawrence Truong as Strategic Advisor.
  • Mr. Truong was most recently CEO of Binance Canada, at which he developed its go-to-market strategy.
  • Prior to Binance, Lawrence was Chief Compliance Officer at Tetra Trust Company, at which he developed policies, procedures, training and oversight.
  • Mr. Truong commented, “I am excited to join the DMG team and plan to use my experience and expertise to build bridges between TradFi and blockchain to further blockchain adoption.

Mogo Files Early Warning Report

Retrieved on: 
토요일, 8월 26, 2023

This news release is issued by Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”) pursuant to the early warning requirements of Canada’s National Instrument 62-104 and National Instrument 62-103 with respect to common shares (“WonderFi Shares”) of WonderFi Technologies Inc. (“WonderFi”), a reporting issuer in each of the Provinces and Territories of Canada with a head office at 341-110 Cumberland St., Toronto, Ontario, M5V 3V5.

Key Points: 
  • This news release is issued by Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”) pursuant to the early warning requirements of Canada’s National Instrument 62-104 and National Instrument 62-103 with respect to common shares (“WonderFi Shares”) of WonderFi Technologies Inc. (“WonderFi”), a reporting issuer in each of the Provinces and Territories of Canada with a head office at 341-110 Cumberland St., Toronto, Ontario, M5V 3V5.
  • Mogo acquired the WonderFi Shares as consideration for the acquisition by WonderFi of all of the common shares of Coinsquare under the Arrangement, including the common shares of Coinsquare held by Mogo.
  • The WonderFi Shares beneficially owned by Mogo represented approximately 13% of the WonderFi Shares issued and outstanding as of August 11, 2023 (as disclosed in WonderFi’s August 11, 2023 management’s discussion and analysis).
  • An early warning report (the “Report”) disclosing the Arrangement in respect of Mogo will be filed on WonderFi’s SEDAR+ profile at www.sedarplus.ca and can be obtained from Mogo at its head office 516-409 Granville St, Vancouver, BC, V6C 1T2, attention: Christy Cameron, or phone: 604.659.4380.

Mogo Reports Results for Q2 2023 and Share Consolidation

Retrieved on: 
목요일, 8월 10, 2023

As a result of these initiatives, total operating expenses for Q2 2023 decreased by $8.1 million, or 38%, compared to Q2 2022.

Key Points: 
  • As a result of these initiatives, total operating expenses for Q2 2023 decreased by $8.1 million, or 38%, compared to Q2 2022.
  • Mogo reported a material improvement in Adjusted EBITDA1, which reached $1.8 million in Q2 2023, compared with an Adjusted EBITDA loss of ($4.1) million in Q2 2022.
  • Adjusted net loss1 improved to ($2.9) million in Q2 2023 from ($9.5) million in Q2 2022.
  • Mogo will host a conference call to discuss its Q2 2023 financial results at 3:00 p.m. EDT on August 10, 2023.

WonderFi Technologies Inc. Opens the Market

Retrieved on: 
월요일, 7월 10, 2023

TORONTO, July 10, 2023 /CNW/ - Dean Skurka, Chief Executive Officer, WonderFi Technologies Inc. (TSX: WNDR) (the "Company" or "WonderFi") and his team joined Michael Kousaie, Vice President, Strategy and Product Innovation, Toronto Stock Exchange (TSX), and Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange, to celebrate the company's acquisition of Coinsquare and CoinSmart.

Key Points: 
  • TORONTO, July 10, 2023 /CNW/ - Dean Skurka, Chief Executive Officer, WonderFi Technologies Inc. (TSX: WNDR) (the "Company" or "WonderFi") and his team joined Michael Kousaie, Vice President, Strategy and Product Innovation, Toronto Stock Exchange (TSX), and Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange, to celebrate the company's acquisition of Coinsquare and CoinSmart.
  • WonderFi is a leading technology company with the mission of creating better access to digital assets through compliant centralized and decentralized platforms.
  • WonderFi provides unified access to digital assets including crypto, DeFi, gaming and NFTs, in a compliant and regulated environment.
  • For more information, visit www.wonder.fi .

Valour Inc. Appoints Sue Ennis to Board of Directors

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목요일, 6월 22, 2023

Award-winning emerging technology and innovation champion, Sue Ennis, joins Valour's Board of Directors.

Key Points: 
  • Award-winning emerging technology and innovation champion, Sue Ennis, joins Valour's Board of Directors.
  • Sue Ennis brings a wealth of experience, having driven retail and institutional investor interest in under-appreciated Canadian companies, transforming them into multi-billion market cap opportunities.
  • TORONTO, June 22, 2023 /PRNewswire/ - Valour Inc. (the "Company" or "Valour") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, is delighted to announce the appointment of Sue Ennis to its board of directors (the "Board").
  • Please join us in welcoming Sue Ennis to her new role on the Board of Directors at Valour.

Mogo Reports Results for Q1 2023

Retrieved on: 
목요일, 5월 11, 2023

During Q1 2023, Mogo continued to focus on cost efficiency and accelerating its path to profitability.

Key Points: 
  • During Q1 2023, Mogo continued to focus on cost efficiency and accelerating its path to profitability.
  • As a result of these initiatives, total operating expenses for Q1 2023 decreased by $11.1 million, or 45%, compared to Q1 2022.
  • Mogo reported a material improvement in Adjusted EBITDA2, which reached $1.0 million in Q1 2023, compared with an Adjusted EBITDA loss of $5.5 million in Q1 2022.
  • Mogo will host a conference call to discuss its Q1 2023 financial results at 3:00 p.m. EDT on May 11, 2023.

Mogo Announces that Coinsquare has entered into a Business Combination Agreement involving Coinsquare, WonderFi and Coinsmart, creating Canada’s leading public and only fully regulated crypto asset trading platform

Retrieved on: 
월요일, 4월 3, 2023

“This is a milestone transaction for the crypto industry, creating a unique investment opportunity with the leading crypto exchange in Canada.

Key Points: 
  • “This is a milestone transaction for the crypto industry, creating a unique investment opportunity with the leading crypto exchange in Canada.
  • It is anticipated that the shareholders meetings of each party to the Business Combination Agreement will occur in the second quarter of 2023.
  • Closing is expected to occur thereafter, subject to satisfaction of the closing conditions under the Business Combination Agreement.
  • For more information on the Transaction, please refer to the joint press release issued by the parties to the Business Combination Agreement.

Mogo Reports Results for Q4 & FY 2022

Retrieved on: 
목요일, 3월 23, 2023

As a result of these initiatives, total operating expenses for Q4 2022 decreased by $8.1 million, or 34%, compared to Q4 2021 and by 16% from Q3 2022.

Key Points: 
  • As a result of these initiatives, total operating expenses for Q4 2022 decreased by $8.1 million, or 34%, compared to Q4 2021 and by 16% from Q3 2022.
  • Mogo reported positive Adjusted EBITDA2 of $0.2 million in Q4 2022, well in advance of the Company’s target to achieve positive adjusted EBITDA by Q4 2023.
  • Adjusted net loss2 decreased to ($4.3) million in Q4 2022 from ($9.7) million in Q4 2021 and ($8.4) million in Q3 2022.
  • Mogo will host a conference call to discuss its Q4 2022 financial results at 3:00 p.m. EDT on March 23, 2023.

Mogo Closes Acquisition of Additional Shares in Canada’s Leading Crypto Platform, Coinsquare

Retrieved on: 
화요일, 6월 15, 2021

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (Mogo or the Company), a digital payments and financial technology company, today announced that it has closed its previously announced acquisition (the Acquisition) of an additional 2.0% of the outstanding common shares of Coinsquare Ltd. (Coinsquare), Canadas leading cryptocurrency platform, from Michael Diamond and two affiliated companies (the Vendors).

Key Points: 
  • Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (Mogo or the Company), a digital payments and financial technology company, today announced that it has closed its previously announced acquisition (the Acquisition) of an additional 2.0% of the outstanding common shares of Coinsquare Ltd. (Coinsquare), Canadas leading cryptocurrency platform, from Michael Diamond and two affiliated companies (the Vendors).
  • Mogo requires Coinsquare board approval to increase its ownership interest in Coinsquare over 49.9%.
  • Since its founding in 2014, Coinsquare has grown to become the leading cryptocurrency platform in Canada.
  • The Acquisition was made pursuant to a share purchase agreement between Mogo and the Vendors dated June 15, 2021, pursuant to which Mogo acquired 655,644 Coinsquare Shares from the Vendors for aggregate consideration consisting of the issuance of 378,774 common shares of Mogo (the Mogo Shares) and a cash payment of $5 million.