Vancouver, Canada – November 27, 2024 – LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”), a leading provider of enterprise-grade transaction infrastructure and liquidity-on-demand for the Bitcoin Lightning Network is pleased to report the voting results for the Company’s annual general meeting of shareholders (the “Meeting”) held on November 26, 2024, in Vancouver, British Columbia.
All nominees, as set forth in the Company’s Management Information Circular dated October 25, 2024 (the “Circular”), were elected as directors of LQWD at the Meeting.
At the Meeting, shareholders also approved: (1) the appointment of Kingston Ross Pasnak LLP as auditor of the Company for the ensuing year and authorizing the Board of Directors to fix the remuneration of the auditor, and (2) the approval of the Company’s stock option, as more particularly described in the Circular.
For further information regarding the matters considered at the Meeting readers are encouraged to review the Circular, a copy of which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca).
LQWD has more than 1,200 connected channels, with channel growth continuing across the Company’s globally connected network. The Company’s primary node, LQWD-Canada, is ranked as the sixth-largest node worldwide.
About LQWD Technologies Corp.
LQWD Technologies Corp. is a Canadian-based, publicly traded company committed to expanding its Bitcoin Lightning Network transaction infrastructure and liquidity-on-demand services. Our infrastructure enables instant, low-cost, global internet-powered payments at scale. LQWD provides scalable solutions for the open payments market, delivering enterprise-grade infrastructure to support the rapid growth of the Lightning Network. LQWD is debt free, holding 141 Bitcoin with an ongoing Bitcoin accumulation strategy.
For more details, please refer to LQWD’s corporate presentation and stay updated on our Lightning Network node growth or connect to the Company’s nodes in real time.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
X: @LQWDTech
Forward-Looking Statements
This release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company’s business plans and the outlook of the Company’s industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
