Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), announces that it has amended the terms of the previously announced non-brokered private placement. The new terms of the placement are for up to 7,500,000 common shares at CDN$0.10 per share for total gross proceeds of up to $750,000. The common shares issued under this private placement will be subject to a hold period of four months from the closing date.

View PDF of the news release

The proceeds will be primarily used to fund the launch of Interlapse’s virtual currency platform, coincurve.com into key international markets.

Empowering the Future of Commerce
Interlapse Technologies Corp. is a Canadian-based FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product coincurve.com, enables a simple, safe way to buy and spend Bitcoin. To learn more, visit www.interlapse.com.

Interlapse currently has 17,525,644 shares outstanding (20,175,644 fully diluted).

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Completion of the private placement is subject to several conditions, including TSXV final acceptance. There can be no assurance that the private placement will be completed as proposed or at all. Investors are cautioned that any information released or received with respect to the private placement may not be accurate or complete and should not be relied upon. Trading in the securities of Interlapse should be considered highly speculative. The TSXV has in no way passed upon the merits of the private placement and has neither approved the private placement nor disapproved the contents of this press release.

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), announces that it has amended the terms of the previously announced non-brokered private placement. The new terms of the placement are for up to 5,000,000 common shares at CDN$0.15 per share for total gross proceeds of up to $750,000. The common shares issued under this private placement will be subject to a hold period of four months from the closing date.

The proceeds will be primarily used to fund the launch of Interlapse’s virtual currency platform, coincurve.com into key international markets.

Empowering the Future of Commerce
Interlapse Technologies Corp. is a Canadian-based FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product coincurve.com, enables a simple, safe way to buy and spend Bitcoin. To learn more, visit www.interlapse.com.

Interlapse currently has 17,525,644 shares outstanding (20,175,644 fully diluted).

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com/investors

Completion of the private placement is subject to several conditions, including TSXV final acceptance. There can be no assurance that the private placement will be completed as proposed or at all. Investors are cautioned that any information released or received with respect to the private placement may not be accurate or complete and should not be relied upon. Trading in the securities of Interlapse should be considered highly speculative. The TSXV has in no way passed upon the merits of the private placement and has neither approved the private placement nor disapproved the contents of this press release.

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF) is pleased to report consistent growth momentum on key performance metrics in regards to the Company’s virtual currency platform, Coincurve.com.

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In October 2019, Coincurve had its best performing month with an increase of 72% in daily transactions and an increase of 64% in monthly volume, compared to the average monthly performance from June 19, 2019 to September 30, 2019.

Since January 1, 2019, Coincurve generated consistent average monthly increases of 28% in daily transactions and 32% in volume.

Considering that Coincurve currently facilitates only Canadian customers, the pace of growth in volume and transactions is extremely encouraging. Furthermore, the results demonstrate a proven revenue-generating model that has paved the way for positioning Coincurve into key international virtual currency markets.

Empowering the Future of Commerce

Interlapse Technologies Corp. is a Canadian-based FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product Coincurve, enables a simple, safe way to buy and spend Bitcoin. To learn more, visit www.interlapse.com.

To view a recent video interview with Steve Darling of Proactive Investors and Wayne Chen, CEO of Interlapse discussing the “bright future for cryptocurrency”, please click here.

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA), reports that its shares have commenced trading on the OTCQB Venture Market in the United States, trading symbol: INLAF.

View PDF of this news release

The Company’s cross listing in Canada and now in the United States provides Interlapse with a much broader institutional and retail investor audience. Additionally, the listing in the United States better facilitates trading for Interlapse’s US-based stockholders.

View Interlapse Technologies Corp. on the OTCQB Market.

Virtual Currency is the Future!

Interlapse Technologies Corp. is a Canadian based FinTech company focused on developing the next generation of applications for virtual currency. Our coincurve.com platform, with payment and financial infrastructure, accelerates the global mega trend of virtual currency adoption and the transformation of money. To learn more, visit interlapse.com.

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Interlapse Technologies Corp. (TSXV: INLA), is pleased to announce a non-brokered private placement of approximately 2,000,000 common shares at a price of $0.35.  The common shares issued under this private placement will be subject to resale restrictions for a period of four months from the closing date.

Following the successful Canadian launch on June 19, 2019 and the positive performance of the Company’s coincurve.com virtual currency platform, Interlapse plans to use the funding proceeds to launch Coincurve into select Asian countries.

Empowering the Future of Commerce
Interlapse Technologies Corp. is a Canadian based FinTech company focused on developing the next-generation of applications for virtual currency. Our coincurve.com platform, with payment and financial infrastructure, accelerates the global mega trend of virtual currency adoption and the transformation of money. To learn more, visit interlapse.com

Interlapse currently has 17,465,644 shares outstanding (20,075,644 fully diluted).

For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Completion of the private placement is subject to several conditions, including TSXV final acceptance. There can be no assurance that the private placement will be completed as proposed or at all. Investors are cautioned that any information released or received with respect to the private placement may not be accurate or complete and should not be relied upon. Trading in the securities of Interlapse should be considered highly speculative. The TSXV has in no way passed upon the merits of the private placement and has neither approved the private placement nor disapproved the contents of this press release.

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Virtual currency applications developer, Interlapse Technologies Corp., listed on the TSX Venture exchange, (trading symbol: INLA) advises that further to the Company’s press release dated August 15, 2019, Interlapse’s common stock has now commenced trading on a 2-for-1 forward split basis.

As a result of the forward stock split, Interlapse has 17,465,644 shares issued (20,075,644 shares fully diluted).

The stock split is intended to enhance the capital structure, create additional liquidity and attract a broader range of investors.

Invest in the Future!
Interlapse (TSXV:INLA) is a Vancouver, Canada based FinTech company with a suite of products designed to drive the mass adoption of virtual currencies. Our coincurve.com platform, with payment and financial infrastructure, accelerates the global mega trend of virtual currency adoption and the transformation of money. To learn more, visit http://localhost

For further information:
Ashley Garnot, Corporate Development,
Phone: 1.604.669.0912,
Email: [email protected],
Website: www.interlapse.com

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information
Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse\’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA), announces that it will forward split its common shares on the basis of two (2) new common shares for each one (1) old common share. All shareholders of record on August 23, 2019 will be entitled to the stock split.

Interlapse currently has 8,732,822 common shares issued and outstanding, which will be increased to approximately 17,465,644 common shares after the stock split is completed.

The stock split is intended to create additional liquidity and attract a broader range of investors.

Shareholders do not need to take any action with respect to the stock split. Interlapse’s transfer agent will send owners of common shares a DRS adviceletter in lieu of a share certificate, which will represent the additional number of common shares to be received as a result of the stock split.

As per TSXV policy, the stock split is being conducted on a “push-out” basis and therefore Interlapse’s CUSIP number will remain the same. The common shares of Interlapse will trade on a due bill basis from August 22, 2019 to August 28, 2019, being the effective date for the share subdivision, inclusively. A due bill is an entitlement attached to listed securities undergoing a material corporate action, such as a stock split. In this instance, the entitlement is to the additional common shares issuable as a result of the stock split. Any trades that are executed on the TSXV during this period will be flagged to ensure purchasers receive the entitlement to the additional common shares issuable as a result of the stock split. Interlapse’s common shares will commence trading on a split-adjusted basis on August 29, 2019, at which time, the common shares will no longer have entitlement to additional common shares. The due bill redemption date will be August 30, 2018.

About Interlapse Technologies Corp.

Based in Vancouver, Canada, Interlapse is developing the next generation of virtual currency applications.  Our coincurve.com platform, with payment and financial infrastructure, accelerates the global mega trend of virtual currency adoption and the transformation of money.

Interlapse is a publicly traded company on Canada’s TSX Venture Exchange, trading symbol: INLA. Interlapse has 8,732,822 shares issued (10,037,822 fully diluted).

For further information

Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com

Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. 

Forward-Looking Information

Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Interlapse. In making the forward-looking statements, Interlapse has applied certain assumptions that are based on information available, including Interlapse’s strategic plan for the near and mid-term. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Interlapse does not undertake to update any forward-looking information, except in accordance with applicable securities laws.