Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF) announces that the Company intends to increase the size of its previously announced non-brokered private placement offering (see press release dated September 23, 2020) of up to approximately 5,000,000 units of the Company (the “Units”) at C$0.15 per Unit, for aggregate gross proceeds of up to approximately C$750,000.

Each Unit is comprised of one common share of the Company and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of C$0.20 per share for a period of 18 months from the date of issuance. In the event that the closing trading price of the shares on the TSX Venture Exchange (“TSX-V”) is C$0.40 or greater for a period of 10 consecutive trading days, the Company may, at its option, accelerate the warrant expiry date by issuing a press release.

The Company may pay finders’ fees in connection with the private placement. Completion of the private placement is subject to certain conditions, including, but not limited to, the approval of the TSX-V.

Interlapse plans to use the funds towards further development of the Company’s virtual currency and digital asset business.

This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the U.S. Securities Act) unless an exemption from such registration is available.

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a financial technology applications company accelerating the global mega-trend of virtual currency adoption. Our signature product, Coincurve.com, enables a simple, safe way to buy, sell and spend virtual currency.

To learn more, visit www.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, including statements relating to the payment of finders’ fees and planned use of proceeds from the private placement, 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, including that regulatory approval of the private placement will be obtained in a timely manner, that all conditions precedent to completion of the private placement will be satisfied in a timely manner and that general economic and business conditions will not change in a materially adverse manner. 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) announces that the Company intends on completing a non-brokered private placement offering of 3,500,000 units of the Company (the “Units”) at C$0.15 per Unit, for gross proceeds of C$525,000.

Each Unit comprises one common share of the Company and one share purchase warrant. Each warrant entitles the holder to subscribe for one additional share at a price of C$0.20 per share for a period of 18 months from the date of issuance. In the event that the closing trading price of the shares on the TSX Venture Exchange is C$0.40 or greater for a period of 10 consecutive trading days, the Company may, at its option, accelerate the warrant expiry date by issuing a press release.

Interlapse plans to use the funds towards further development of the Company’s virtual currency and digital asset business.

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a financial technology applications company accelerating the global mega-trend of virtual currency adoption. Our signature product, Coincurve.com, enables a simple, safe way to buy, sell and spend virtual currency.

To learn more, visit www.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.

Canadian-based financial technology applications company Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF) provides the following summary of corporate and operational milestones since listing on the TSX Venture Exchange approximately one year ago.

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Over the past year, Interlapse has achieved key business goals, including transforming from pre-revenue to a revenue-generating company. Moreover, Interlapse is now poised to grow internationally at a time when virtual currency awareness and adoption is rapidly increasing world-wide.

• May 30, 2019: Interlapse completes private funding round, acquires Skyrun Technology Corp. and commences trading on TSX Venture Exchange.
• June 19, 2019: Interlapse launches virtual currency platform.
• August 29, 2019: Two-for-one stock split is complete.
• October 9, 2019: Shares begin trading on the OTCQB Venture Market in the United States.
• November 5, 2019: Interlapse demonstrates success, paving the way for international expansion.
• December 5, 2019: Successfully pre-registers as Money Services Business ahead of June 2020 new securities regulations.
• December 20, 2019: Private funding is complete with existing shareholders and new anchor investor.
• February 5, 2020: Interlapse launches merchant solution; partners with Canada’s largest Bitcoin ATM operator.
• March 31, 2020: Interlapse acquires Canadian virtual currency brokerage platform BuyBitcoinCanada.com.
• April 7, 2020: Interlapse reports increase of 163% in transactions and 60% increase in revenue.
• June 10, 2020: Canadian operation posts over $2.3 million in volume and reports successful processing of over 11,000 transactions.

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a financial technology 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 virtual currency.

To learn more, visit www.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.

Canadian-based financial technology applications company, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), reports continued growth from the Company’s virtual currency platform, Coincurve.com.

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Since the beta and the official launch of Coincurve on June 19, 2019, the platform has processed over 11,000 transactions and $2.3 million in sales volume.

“The organic growth for Coincurve and the virtual currency market in Canada has been very encouraging. Also, we are poised to launch our platform into international markets alongside increasing virtual currency adoption.” commented Wayne Chen, CEO of Interlapse Technologies Corp.

In May 2020, Coincurve achieved its best performing month from its Canadian operation. As of May 31, 2020, the Company posted monthly average increase of 102% in volume and a 141% increase in revenues since the beta launch of Coincurve.

“Although in early stages of adoption, virtual currency has a great future on the horizon.” Mr. Chen continued. “In addition to being recognized as a store-of-value, virtual currency is a revolutionary technology, which has immense, international-scale business value for tech-driven financial applications.”

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a financial technology 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 virtual currency.

To learn more, visit www.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.

Canadian-based FinTech applications company, Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), reports strong growth from the Company’s owned and operated, non-custodial, virtual currency platform, Coincurve.com.

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In March 2020, Coincurve posted its best performing month with an increase of 163% in processed transactions and an increase of 60% in revenues, compared to the previous three-month average.

These results do not include any transaction volume or revenue from the recently announced acquisition of BuyBitcoinCanada.com on March 31, 2020, which is now being integrated into the Coincurve platform.

Considering that Coincurve is a relatively new enterprise, which launched on June 19, 2019 and currently serves only Canadian customers; the organic growth of the platform is extremely encouraging.

More importantly, the performance demonstrates the significant potential of the Company’s revenue-generating model, paving the way for global expansion. On this point, and given the strong backdrop developing for virtual currency, the Company remains committed to executing its international expansion strategy.

About Interlapse Technologies Corp.
Interlapse Technologies Corp. is a 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 and Bitcoin Cash.

To learn more, visit www.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 / OTCQB: INLAF), the owner and operator of coincurve.com, announces the acquisition of BuyBitcoinCanada.com, a virtual currency brokerage platform from Canadian blockchain company, Bitaccess Inc., in exchange for 233,333 shares of the Company.

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Simultaneously with the closing of the acquisition, BuyBitcoinCanada’s customers will be immediately incorporated into the Coincurve platform, creating Canada’s leading, non-custodial, virtual currency platform.

This highly complementary acquisition, which integrates seamlessly with Coincurve, broadens the Company’s growth profile and digital asset footprint. Furthermore, this acquisition places Interlapse into a stronger position to capture market share at a time when virtual currency adoption is accelerating globally.

\”This is the first step in our non-organic growth strategy to become the preeminent virtual currency platform in Canada and eventually, globally.” commented Wayne Chen, CEO of Interlapse Technologies Corp. “Today\’s announcement advances our consolidation efforts, which benefits Interlapse and supports virtual currency adoption.”

Founded in 2016 by Bitaccess Inc., BuyBitcoinCanada.com was the first merchant to integrate Flexepin into their brokerage platform and additional services such as EFT (Electronic Funds Transfer), making it easier for Canadians to buy and sell virtual currency.

“We are very pleased to complete this agreement with Interlapse.” Remarked Phillip McKenna, Head of Growth for Bitaccess. “This acquisition represents an opportunity for Canada\’s virtual currency market to move towards greater market sophistication, and as a listed Canadian company, we’re confident Interlapse is well-positioned to serve our users whilst continuing their growth of BuyBitcoinCanada’s existing customer base.”

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a 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 and Bitcoin Cash. To learn more, visit www.interlapse.com.

Interlapse Technologies Corp. currently has 25,478,977 shares outstanding (27,908,977 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.

Coincurve, a virtual currency platform wholly owned and operated by TSXV-listed Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF), has launched Coincurve Direct, a merchant solution product allowing merchants to sell Bitcoin and virtual currencies online.

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Rod Hsu, Chief Operating Officer of Interlapse Technologies Corp. commented, “Coincurve Direct expands our platform through fruitful partnerships with new and existing businesses. Our mission to drive virtual currency adoption is amplified through our merchant partnerships, allowing business growth without additional marketing overhead.”

Complimentary to this announcement, Coincurve Direct has now on-boarded Localcoin, the largest Bitcoin ATM operator in Canada with over 170+ easily accessible ATMs across all major provinces and a recent expansion into the United States. Coincurve Direct enables Localcoin customers to buy Bitcoins from the comfort of their homes instantly and securely.

With a revenue share business model, Coincurve Direct is a turnkey solution for merchants to sell virtual currencies through their own websites, under their own branding, without the cost and maintenance of developing their own technology or handling payment processing. Merchant setup through Coincurve Direct is quick and seamless, with features that include customizable user interface, payment processing, proprietary back-office tools, and banking solutions.

Jay Pandher, co-founder of Localcoin, commented “Our partnership with Coincurve and integration with Coincurve Direct has enabled Localcoin to expand its reach beyond physical Bitcoin ATMs. It is another crucial step to our goal of making cryptocurrency accessible for the every-day user.”

About Interlapse Technologies Corp.

Interlapse Technologies Corp. is a 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 and Bitcoin Cash. To learn more, visit www.interlapse.com.

Interlapse currently has 25,025,644 shares outstanding (27,675,644 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.