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TAAL Announces Debt Financing

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 ....

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TAAL Announces AGM Results and Senior Management Appointments

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. ....

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