TAAL Announces Correction to December 22, 2020 Press Release
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VANCOUVER, BC, Dec. 23, 2020 /PRNewswire/ - TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ( TAAL or the Company ) a vertically integrated blockchain infrastructure and service provider, would like to amend the press release that was published on December 22, 2020, which incorrectly disclosed that the Company had agreed to purchase 5,000 M30s new blockchain computers. A corrected press release follows:
TAAL BRINGS ON ADDITIONAL PROCESSING POWER TO SUPPORT THE FUTURE OF ENTERPRISE TRANSACTION PROCESSING
VANCOUVER, BC, Dec. 23, 2020 – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ( TAAL or the Company ) a vertically integrated blockchain infrastructure and service provider, has recently purchased new blockchain computers, which once deployed, represent over 130 petahash/s (
TAAL Purchases 5,000 Upgraded M30s Blockchain Computers
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VANCOUVER, BC, Dec. 22, 2020 /PRNewswire/ -
TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ( TAAL or the Company ) a vertically integrated blockchain infrastructure and service provider, today announced it has entered into an agreement with a Canadian provider to purchase 5,000 upgraded M30s blockchain computers. With this transaction, TAAL increases its self-hashing capacity to help fuel the Company s stated growth strategy.
The acquisition of these new, blockchain technologies expedites our expansion plans, representing important progress in building capacity to power TAAL BitcoinSV (BSV) solutions for global enterprise clients, commented Stefan Matthews, TAAL Executive Chairman and Chief Executive Officer.
TAAL Announces Debt Financing itnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itnewsonline.com Daily Mail and Mail on Sunday newspapers.
TAAL Announces Debt Financing
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VANCOUVER, BC, Dec. 18, 2020 /PRNewswire/ -
TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ( TAAL or the Company ) a blockchain infrastructure and service provider, is pleased to announce that it has entered into a loan agreement (the
Note ) with Wright International Investments Ltd., an entity wholly-owned by Craig Wright, advisor to the Company (the
Lender ) providing for debt financing in an aggregate principal amount of US$7,000,000.
The Lender has made an initial advance under the Note in an amount equal to US$3,500,000 in the form of Bitcoin SV (
BSV ) and the Note provides that the Lender will make a further advance of US$3,500,000 (or the equivalent thereof in BSV or Bitcoin core) on January 29, 2021. The Note is unsecured, funds advanced under the Note bear interest of 8% annually and the Note is repayable 30 days following a demand for repayment on or after January 29, 20
TAAL Announces AGM Results and Senior Management Appointments
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VANCOUVER, BC, Dec. 10, 2020 /PRNewswire/ -
TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ( TAAL or the Company ) a blockchain infrastructure and service provider, is pleased to announce that all matters put forward to its shareholders at the Company s annual general and special meeting of shareholders (the Meeting ) were duly approved, including the election of two new members to its Board of Directors and the re-election of all other Board members. The Company is also pleased to announce four new appointments to its senior management team in North America and Europe.