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.

June 19, 2019 – Interlapse Technologies Corp. announces the official launch of coincurve.com, where Canadians can now purchase virtual currencies such as Bitcoin and Bitcoin Cash in a simple, fast and secure manner.

Today’s press announcement follows the completion of Coincurve’s positive six-month pre-release testing period, which has resulted in internal operational efficiencies and security enhancements, as well as user experience optimizations.

Moreover, during this testing period Interlapse has developed complementary commercial applications for the Coincurve platform, which generates additional, value-added revenue streams.

“We are proud to officially introduce Coincurve to Canadians,” says Interlapse CEO, Wayne Chen. “The virtual currency market has been showing signs of significant breakthrough, and in a more steadied state, with a closer link to the utility value rather than price-swing speculations.”

During the test period, Coincurve established organic growth over six consecutive months, with steady and sharp increases in new customers as well as transaction volumes.

Given these encouraging results, as well as the demonstrated revenue-generating model and scaling prospects, Interlapse plans to introduce coincurve.com into additional jurisdictions.

“Coincurve was developed with the goal of expanding into emerging countries with dense populations, which is the cornerstone of our vision,” Mr. Chen further commented. “We are eager to achieve our next milestones, including expanding our suite of virtual-currency-powered applications.”

About Coincurve

Coincurve.com is wholly owned in a subsidiary of Interlapse Technologies Corp. The Coincurve platform was proudly designed, developed and is operated from Vancouver, Canada. Coincurve is a non-custodial service, greatly minimizing financial risk or loss of customers’ virtual currencies.

About Interlapse Technologies Corp.

Based in Vancouver, Canada, Interlapse is a first mover in developing the next-generation of business applications powered by virtual currency. Our platforms, with payment and financial infrastructure, accelerate 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 8,672,822 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.

May 30, 2019 – Interlapse Technologies Corp. (TSX-V: INLA) announces that the Company’s shares commenced trading today on Canada’s TSX Venture Exchange. Trading symbol: INLA.

This listing follows Interlapse’s acquisition of Vancouver-based Skyrun Technology Corp., which is now a wholly owned subsidiary of the Company.

“The transaction with Skyrun and a concurrent listing on a globally recognized stock exchange brings credibility and authenticity to our business, as well as the entire virtual currency industry,” commented Wayne Chen, co-founder of Skyrun and the newly appointed CEO of Interlapse.

As a result of the Skyrun acquisition, the Company now owns the intellectual property relating to the virtual currency platform coincurve.com, where Canadians, and eventually international customers, can purchase Bitcoin and Bitcoin Cash.

As a public company, customers can rely on coincurve.com for transparency.  Furthermore, coincurve.com is a non-custodial service, greatly minimizing financial risk or loss of customers’ virtual currencies.

“I am privileged to be a part of this opportunity, and enthusiastic about our expansion into global markets,” Mr. Chen further commented. “With the growing acceptance of virtual currency, we are positioned to flourish within this new, globally connected business frontier.”

Interlapse also announces the grant of up to 705,000 share options at a price of $0.70 per share to directors, executive officers, employees and consultants. These options are subject to vesting and selling restrictions.

About Interlapse Technologies Corp.

Listed on the TSX Venture Exchange, trading symbol: INLA, Interlapse is a Vancouver-based company building technology-driven applications to empower future generations of commerce and adoption of virtual currencies. Interlapse currently has 8,672,822 shares issued and outstanding (10,012,022 fully diluted).

For further information:

Ashley Garnot, Corporate Development
Phone: +1.604.669.0912
Contact: [email protected]
Website: http://localhost
Blog: http://localhost/blog

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 ofInterlapse.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.

VANCOUVER, May 28, 2019 /CNW/ – Coronado Resources Ltd. announced today that the TSX Venture Exchange (“TSX-V”) has approved Coronado’s change of business as well as the acquisition of Vancouver-based Skyrun Technology Corp. and the intellectual property relating to the virtual currency platform, coincurve.com.

Corporate Name Change

To reflect the transformation into the technology sector, Coronado has changed its name to Interlapse Technologies Corp. The board of directors of the Company are now John Vaccaro, David Loretto, Wayne Chen, Ashley Garnot and Giuseppe (Pino) Perone.

TSX Venture Exchange Listing

The shares of Interlapse Technologies Corp. are expected to begin trading on the TSX-V on May 30, 2019. Trading Symbol:INLA.

Non-Brokered Private Placement

Coronado has completed a non-brokered private placement of 2,210,000 common shares at $0.50 per share for gross proceeds of $1,105,000. The common shares issued under this private placement are subject to resale restrictions for a period of four months from the closing date. The proceeds of this funding will be used to further advance the development of coincurve.com and planned international expansion.

Capital Structure

After completion of the aforementioned private placement, the Company will have 8,672,822 shares issued and outstanding.

Executive Team

Interlapse welcomes incoming executives Wayne Chen, Chief Executive Officer, and Rod Hsu, Chief Operating Officer. They are the founders of Skyrun Technology Corp. and have extensive experience in operating technology, specialized payments and virtual currency platforms. The executive team of the Company is as follows:

• Wayne Chen – Chief Executive Officer
• Rod Hsu – Chief Operating Officer
• Giuseppe (Pino) Perone – President
• Barry MacNeil – Chief Financial Officer
• Ashley Garnot – Corporate Development
• Stephanie Yoneda – Controller

For further information:

Ashley M. Garnot, Director
Phone: +1.604.682-6496
Contact:[email protected]  
Website: http://coronadoltd.com
Blog: http://coronadoltd.com/blog

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. The transaction and the name change are subject to the final approval of the TSX-V. The TSX-V is in the process of reviewing the final materials submitted by the Company. 

Cautionary Note Regarding Forward-Looking Statements

VANCOUVER, April 29, 2019 /CNW/ – Coronado Resources Ltd. (NEX: CRD.H) advises that further to its press release dated February 27, 2019, the Company has (subject to regulatory approval) completed a non-brokered private placement of 2,210,000 shares at C$0.50 per share for gross proceeds of $1,105,000. The common shares issued under this private placement will be subject to resale restrictions for a period of four months from the closing date.

The proceeds from the private placement, together with existing working capital, will be used to advance the development of Coronado\’s technology business.

Trading in Coronado\’s shares will remain halted pending final approval by the TSX Venture Exchange to formally close Coronado’s acquisition of Skyrun Technology Corp. as announced on August 28, 2018, along with the private placement and name change to Interlapse Technologies Corp.

For further information:
Ashley Garnot, Corporate Development
Phone: +1.604.682-6496
Contact: [email protected]
Website: http://www.coronadoltd.com/

Completion of the private placement is subject to several conditions, including TSX-V 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 Coronado should be considered highly speculative. The TSX-V has in no way passed upon the merits of the Offering and has neither approved the private placement nor disapproved the contents of this press release.

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.

Cautionary Note Regarding Forward-Looking Statements:

Statements contained in this news release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Coronado. Such statements can generally, but not always, be identified by words such as \”expects\”, \”plans\”, \”anticipates\”, \”intends\”, \”estimates\”, \”forecasts\”, \”schedules\”, \”prepares\”, \”potential\” and similar expressions, or that events or conditions \”will\”, \”would\”, \”may\”, \”could\” or \”should\” occur. Forward-looking statements and information concerning anticipated financial performance are based on management\’s assumptions using information currently available. Forward-looking statements in this news release include Coronado\’s expectations regarding the ability to complete, and the anticipated results of, the private placement.

In making the forward-looking statements in this news release, Coronado has applied certain factors and assumptions that are based on information currently available to Coronado as well as Coronado\’s current beliefs and assumptions made by Coronado, including that Coronado will be able to complete the private placement. Although Coronado considers these beliefs and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, market conditions, changes in the applicable regulatory regime, changes to the cryptocurrency market, and risks inherent in the development of a start-up plan business. Although Coronado has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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. Coronado does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

VANCOUVER, March 11, 2019 /CNW/ – Coronado Resources Ltd. (NEX: CRD.H) announced today that the Company will increase its loan to Skyrun Technology Corp. (\”Skyrun\”) by $80,000 in support of the Company’s acquisition announced August 28, 2018 to acquire Skyrun. The loan increase will be secured and bear interest at the business prime rate quoted from time to time by the Bank of Canada plus 2%. The loan will mature on the first anniversary from the date the monies are advanced and may be repaid in advance without bonus or penalty.

Trading in Coronado\’s shares will remain halted pending closing of the Skyrun acquisition and final approval by the TSX Venture Exchange.

For further information:

Ashley Garnot, Corporate Development
Phone: +1.604.682-6496
Contact: [email protected]
Website: http://www.coronadoltd.com/
Blog: http://coronadoltd.com/blog/

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.

Cautionary Note Regarding Forward-Looking Statements:

Statements contained in this news release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Coronado. Such statements can generally, but not always, be identified by words such as \”expects\”, \”plans\”, \”anticipates\”, \”intends\”, \”estimates\”, \”forecasts\”, \”schedules\”, \”prepares\”, \”potential\” and similar expressions, or that events or conditions \”will\”, \”would\”, \”may\”, \”could\” or \”should\” occur.

In making the forward-looking statements in this news release, Coronado has applied certain factors and assumptions that are based on information currently available to Coronado as well as Coronado\’s current beliefs and assumptions made by Coronado, including that Coronado will be able to complete the loan and the acquisition and that a strategic plan for the near and mid-term can be determined. Although Coronado considers these beliefs and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Although Coronado has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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. Coronado does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

VANCOUVER, February 27, 2019 – Coronado Resources Ltd. (NEX: CRD.H) announced today that it has received conditional TSX Venture Exchange (“TSX-V”) approval for the Company’s acquisition announced August 28, 2018 to acquire Vancouver-based Skyrun Technology Corp. (\”Skyrun\”) and Coronado’s “change of business” to a technology issuer (the “COB Transaction”). Upon completion of the Skyrun acquisition and final approval by the TSX-V, Coronado will change its name to: Interlapse Blockchain Corp.

Coronado intends to complete a non-brokered private placement of approximately 2,000,000 common shares concurrent with the closing of the Skyrun acquisition at a price of $0.50 per share for gross proceeds of approximately $1,000,000.

Completion of the COB Transaction is subject to the TSX-V’s customary closing conditions. As previously announced in the Company’s August 28, 2018 press release, shareholder approval is not required in relation to the COB Transaction. Shareholder approval is not required as, in accordance with TSX-V Policy 5.2, the Skyrun acquisition is not a related party transaction within the meaning of TSX-V Policy 5.9, Coronado is without active operations and listed on the NEX, is not and will not be subject to a cease trade order and will not otherwise be suspended from trading on completion of the COB Transaction, and shareholder approval is not required under applicable corporate and securities laws.

Trading in Coronado\’s shares will remain halted pending closing of the COB Transaction and final approval by the TSX-V.

For further information:

Ashley Garnot, Corporate Development
Phone: +1.604.669.0912
Contact: [email protected]
Website: www.interlapse.com
Blog: http://localhost/blog/

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

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.

Cautionary Note Regarding Forward-Looking Statements:

Statements contained in this news release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Coronado. Such statements can generally, but not always, be identified by words such as \”expects\”, \”plans\”, \”anticipates\”, \”intends\”, \”estimates\”, \”forecasts\”, \”schedules\”, \”prepares\”, \”potential\” and similar expressions, or that events or conditions \”will\”, \”would\”, \”may\”, \”could\” or \”should\” occur. Forward-looking statements and information concerning anticipated financial performance are based on management\’s assumptions using information currently available. Forward-looking statements in this news release include Coronado\’s expectations regarding the ability to complete, and the anticipated results of, the private placement and the COB Transaction.

In making the forward-looking statements in this news release, Coronado has applied certain factors and assumptions that are based on information currently available to Coronado as well as Coronado\’s current beliefs and assumptions made by Coronado, including that Coronado will be able to complete the private placement and the COB Transaction and that a strategic plan for the near and mid-term can be determined. Although Coronado considers these beliefs and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, uncertainties in the development of Skyrun\’s business, changes in the applicable regulatory regime, changes to the cryptocurrency market, and risks inherent in the development of a start-up plan business. Although Coronado has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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. Coronado does not undertake to update any forward-looking information, except in accordance with applicable securities laws.