Vancouver, Canada – October 29, 2024 – LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”), a leading provider of enterprise-grade transaction infrastructure and liquidity services for the Bitcoin Lightning Network, announces a corporate update that the Company has granted 500,000 stock options that are exercisable for a period of 5 years at a price of CDN$1.00 per share to various directors, officers, and staff members. The stock options will vest over a period of 12 months.

For more details about the Company, please refer to LQWD’s corporate presentation and stay updated on LQWD’s Lightning Network node growth or connect to the Company’s nodes in real time.

About LQWD Technologies Corp.

LQWD is a Canadian-based, publicly traded company focused on expanding Lightning Network transaction infrastructure to enable instant, low-cost, internet-powered payments. The Company is committed to delivering enterprise-ready solutions for open payments at scale using the Lightning Network.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @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.

Vancouver, Canada – October 29, 2024 – LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”), a leading provider of enterprise-grade transaction infrastructure and liquidity services for the Bitcoin Lightning Network, is pleased to announce that the Company has acquired an additional ~5 Bitcoin.

With this recent purchase, LQWD now holds ~136 Bitcoin, representing 13.6 billion Satoshi’s (Sats), equating to 839 Satoshi’s per LQWD share. LQWD is debt free company and the Company’s Bitcoin holdings are free and clear of any encumbrances.

LQWD plans to continue adding Bitcoin to its balance sheet on an ongoing basis, growing the Company’s Bitcoin-Per-Share holdings. Furthermore, the Company utilizes its Bitcoin holdings to earn fees (paid in Bitcoin/Sats) on LQWD’s industry leading global transaction infrastructure for the Lightning Network.

LQWD’s Lightning Network infrastructure is well placed to continue achieving exponential transaction growth and liquidity services with over 1,200 connected channels established globally. LQWD’s Canada node recently achieved the #1 rank on the Lightning Terminal, a reflection of the stability and performance of LQWD’s network.

This recognition underscores the Company’s focus on network optimization and efficient channel management. Since launch, the LQWD’s infrastructure has routed more than 820 Bitcoin and facilitated over 942,000 transactions through its Lightning Network infrastructure.

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.

About LQWD Technologies Corp.

LQWD is a Canadian-based, publicly traded company focused on expanding Lightning Network transaction infrastructure to enable instant, low-cost, internet-powered payments. The Company is committed to delivering enterprise-ready solutions for open payments at scale using the Lightning Network.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @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.

Vancouver, Canada – October 25, 2024 – LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”), a leading provider of enterprise-grade transaction infrastructure and liquidity services for the Bitcoin Lightning Network, is pleased to announce that the Company has recently acquired an additional ~16 Bitcoin.

With this recent purchase, LQWD now holds 131 Bitcoin, representing 13.1 billion Satoshi’s, equating to 808 Satoshi’s per LQWD share. LQWD’s Bitcoin holdings are free and clear of any encumbrances with a current value of approximately CDN$12.3 million.

This acquisition also aligns with LQWD’s mission to grow Bitcoin-Per-Share holdings and further solidifies LQWD’s position as a leading Lightning Network infrastructure and liquidity services.

Key Highlights:

• Bitcoin-Per-Share Increase: The current and recent Bitcoin purchases boost the Company’s Bitcoin-Per-Share metric.
  
• Market Capitalization Enhancement: With the additional Bitcoin holdings, a larger proportion of LQWD’s market capitalization will be backed by Bitcoin assets, strengthening the Company’s financial position.
  
• Strategic Growth Initiative: This move complements LQWD’s ongoing efforts to expand its industry leading Lightning Network infrastructure, which has now processed over 930,000 transactions since its launch in November 2021.

Shone Anstey, CEO of LQWD, says “We are maximizing shareholder value by increasing and deploying our Bitcoin holdings on LQWD’s Lightning Network infrastructure, which earns fees and compounds our Bitcoin holdings. This investment not only reflects our confidence in Bitcoin as a store-of-value but also reinforces our dedication to advancing the Lightning Network ecosystem.”

LQWD continues to experience robust network growth, with over 1,200 connected channels across key regions, including France, Brazil, Sweden, Italy, Singapore, and Japan. The Company’s focus on AI-driven network optimization and efficient channel management has positioned it at the forefront of the Lightning Network landscape.

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.

About LQWD Technologies Corp.

LQWD is a Canadian-based, publicly traded company focused on expanding Lightning Network transaction infrastructure to enable instant, low-cost, internet-powered payments. The Company is committed to delivering enterprise-ready solutions for open payments at scale using the Lightning Network.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @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.

Vancouver, Canada – October 22, 2024 – LQWD Technologies Corp. (TSXV: LQWD, OTCQX: LQWDF) (“LQWD” or the “Company”) is pleased to announce that due to demand LQWD will increase its previously announced non-brokered private placement to aggregate gross proceeds of up to $3,740,000 (the “Private Placement”), which was previously announced on September 27, 2024, and October 9, 2024.

Under the fully subscribed first tranche of the Private Placement, which closed on October 9, 2024, the Company issued an aggregate of 3,200,000 units of the Company at a price of $0.70 per unit to raise gross proceeds of $2,240,000. A second and final tranche of the Private Placement of up to an additional 2,307,692 units at a price of $0.65 per unit for proceeds of up to $1,500,000, remains open and is expected to close in November 2024.

Each $0.65 unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each full warrant is exercisable into one common share at an exercise price of $0.90 per share at any time up to 18 months following the closing date of the Private Placement. If the volume weighted average trading price of the common shares on the TSX Venture Exchange (“TSXV”) is equal to or greater than $1.25 for a period of 20 consecutive trading days, the Company will have the right to accelerate the expiry date of the warrants by giving written notice that the warrants will expire on the date that is not less than 10 days from the date notice is provided by the Company to the warrant holder.

The common shares and warrants from the Private Placement are subject to a 4 month hold period before becoming free trading.

The net proceeds from the Private Placement will be used for, but are not limited to, continuing to expand LQWD’s Lightning Network business, which includes purchasing Bitcoin and expanding the developer team in accordance with the Company’s business strategy, and for general working capital purposes. Completion of the Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including acceptance of the TSX-V. It is anticipated that existing shareholders, directors, and management will be participating in the Private Placement. In connection with the Private Placement, the Company may pay a finder’s fee of up to 5% on the applicable portion of the Private Placement.

In connection with the $0.70 unit first tranche of the Private Placement, the warrants are also subject to acceleration provisions. If the 30 day volume weighted average trading price of the common shares on the TSX-V is greater than 10% above the applicable exercise price of the warrants and the 30 day average daily volume of the common shares on the TSX-V exceeds 5,000,000 common shares per day, then the Company may provide notice in writing to the holders of the warrants that the expiry date of the warrants will be accelerated in whole or in part, to a period which is 61 days following the date of such notice.

The Company also clarifies that 210K Capital, LP’s participation in the first tranche of the Private Placement by purchasing 3,200,000 units for an aggregate subscription price of $2,240,000 did not constitute a “related party transaction” for the Company within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions.

About LQWD Technologies Corp.

LQWD Technologies Corp. is a leading provider of institutional-grade liquidity services for the Lightning Network. The Company’s mission is to enhance the global adoption of Bitcoin by providing reliable and scalable liquidity solutions that power the Lightning Network. LQWD operates a growing number of Lightning Network nodes worldwide, ensuring efficient and cost-effective Bitcoin transactions for businesses and individuals alike.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @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.

Vancouver, Canada – October 9, 2024 – LQWD Technologies Corp. (TSXV: LQWD, OTCQX: LQWDF) (“LQWD” or the “Company”) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of up to $3,215,000 (the “Private Placement”), which was originally announced on September 27, 2024.

Under the fully subscribed first tranche of the Private Placement, the Company has issued an aggregate of 3,200,000 units of the Company at a price of $0.70 per unit to raise gross proceeds of $2,240,000. Each $0.70 unit consists of one common share of the Company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share for a period of 5 years following the closing date with exercise prices as follows: 1/5^th of the warrants will have an exercise price of $1.00 per share; 1/5^th of the warrants will have an exercise price of $1.25 per share; 1/5^th of the warrants will have an exercise price of $1.50 per share; 1/5^th of the warrants will have an exercise price of $1.75 per share; and the remaining 1/5^th of the warrants will have an exercise price of $2.00 per share.

The common shares and warrants from the Private Placement are subject to a 4 month hold period before becoming free trading, and the warrants are also subject to acceleration provisions.

A second and final tranche of the Private Placement of up to an additional 1.5 million units at a price of $0.65 per unit for proceeds of up to $975,000, remains open and is expected to close in November 2024. Each $0.65 unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each full warrant is exercisable into one common share at an exercise price of $0.90 per share at any time up to 18 months following the closing date of the Private Placement.

The net proceeds from the Private Placement will be used for, but are not limited to, continuing to expand LQWD’s Lightning Network business, which includes purchasing Bitcoin and expanding the developer team in accordance with the Company’s business strategy, and for general working capital purposes.

In connection with the first tranche of the Private Placement, the Company issued to the finder $112,000 in cash and 160,000 share purchase warrants (each, a “Compensation Warrant”). Each such Compensation Warrant will entitle the holder to purchase one common share for a period of 5 years following the closing date with exercise prices as follows: 1/5^th of the warrants will have an exercise price of $1.00 per share; 1/5^th of the warrants will have an exercise price of $1.25 per share; 1/5^th of the warrants will have an exercise price of $1.50 per share; 1/5^th of the warrants will have an exercise price of $1.75 per share; and the remaining 1/5^th of the warrants will have an exercise price of $2.00 per share.

210K Capital, LP (“210K Capital”) is an insider of the Company by virtue of its participation in the Private Placement. 210K Capital participated in the first tranche of the Private Placement by purchasing 3,200,000 units for an aggregate subscription price of $2,240,000, and the Private Placement constitutes a “related party transaction” for the Company within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval under MI 61-101 as the fair market value of each of the insider’s participation in the Private Placement does not exceed more than 25% of the market capitalization of the Company, as set forth in Sections 5.5(a) and 5.7(1)(a) of MI 61-101.

210K Capital is a US-based private investment fund managed by UTXO Management. Since 2019, UTXO Management has been investing in the Bitcoin ecosystem across public and private markets. The firm was founded by Managing Partners David Bailey, Coyn Mateer, and Tyler Evans who have been investing and advocating for Bitcoin since early 2013.

About LQWD Technologies Corp.

LQWD Technologies Corp. is a leading provider of institutional-grade liquidity services for the Lightning Network. The Company’s mission is to enhance the global adoption of Bitcoin by providing reliable and scalable liquidity solutions that power the Lightning Network. LQWD operates a growing number of Lightning Network nodes worldwide, ensuring efficient and cost-effective Bitcoin transactions for businesses and individuals alike.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @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.

October 3, 2024 – Vancouver, Canada, LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”), a leading provider of enterprise-grade transaction infrastructure for the Bitcoin Lightning Network, is pleased to report a substantial increase in transaction volume and the achievement of a significant milestone.

In September, LQWD’s routing volume reached a new monthly high of 96,946 transactions, with an average of 3,231 transactions per day. This growth represents consistent month-over-month increases, bringing the total number of transactions processed through LQWD’s infrastructure to over 875,000 since its launch in November 2021.

Contributing to this growth, the Company’s LQWD-Canada node recently achieved the #1 rank on the Lightning Terminal, a reflection of the stability and performance of LQWD’s network. This recognition underscores the Company’s strategic focus on network optimization and efficient channel management.

The increase in activity is also supported by the deployment of automated rebalancing tools, which have optimized liquidity management across LQWD’s global network. With over 1,200 connected channels, the Company is seeing strong traction in regions such as France, Brazil, Sweden, Italy, Singapore, and Japan.

LQWD is poised for continued growth as the Company expands its network and enhances its infrastructure. With the global adoption of the Lightning Network accelerating, LQWD is focused on capturing market share and increasing transaction volumes. Fees from transactions are paid in fractions of Bitcoin (Sats: 100M Sats = 1 Bitcoin), which are nominal in terms of dollar value at the present time. However, LQWD’s scalable revenue model, which generates fees for each transaction over our infrastructure, positions the Company to benefit from the ongoing growth of the Lightning Network.

For more details, check out LQWD’s corporate presentation, and stay updated on Lightning Network node growth or connect to the Company’s nodes in real time.

About LQWD Technologies Corp.

LQWD is a Bitcoin-backed, audited publicly traded company focused on building the infrastructure to enable instant, low-cost, internet-powered payments. The Company is committed to delivering enterprise-ready solutions for open payments at scale using the Lightning Network.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @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 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.

Vancouver, Canada – September 17, 2024 – LQWD Technologies Corp., a leading institutional provider of Lightning Network Liquidity services, is pleased to announce a strategic partnership with Alby Inc. (“Alby”), a pioneering technology company specializing in the Lightning Network, Bitcoin’s Layer 2 scaling solution. This collaboration positions LQWD as a key liquidity service provider for Alby, enhancing the operational efficiency and liquidity of Alby’s Lightning Network services.

Alby’s business consists of Alby Hub, a self-custodial lightning wallet, a browser extension and a mobile app that enables seamless Bitcoin transactions on the Lightning Network, along with other innovative solutions for developers. Through this partnership, LQWD will provide Alby’s users with robust liquidity solutions, ensuring that Alby’s users experience fast, reliable, and low-cost transactions across the Lightning Network.

“Partnering with Alby is a powerful step forward in our mission to solidify our position as a leading service provider on the Lightning Network,” said Shone Anstey, CEO of LQwD Technologies Corp. “Through this collaboration, we’re not only expanding our footprint on the Lightning Network but also driving the efficiency of transactions and accelerating the adoption of Bitcoin’s transformative Layer 2 technology.”

This partnership marks another significant milestone in LQWD’s dedication to advancing the growth and scalability of the Lightning Network by delivering top-tier liquidity services to a key industry leader. Through these growing partnerships, LQWD will further expand its Lightning Network nodes and strengthen its presence in the global Bitcoin economy.

”Setting up payment channels to transact on the Lightning Network has traditionally been complex and time-consuming. With Alby Hub, a self-custodial Lightning wallet, this process is simplified through seamless integration of a Lightning Service Provider like LQwD.” Moritz Kaminski, Co-founder of Alby Inc., “Users enjoy an intuitive wallet experience, enabling one-click channel setup while maintaining full control over transaction fees.”

For more information on LQWD’s liquidity services, please visit lqwdtech.com.

For more details, check out LQWD’s corporate presentation, and stay updated on Lightning Network node growth or connect to the Company’s nodes in real time.

About LQWD Technologies Corp.

LQWD Technologies Corp. is a leading provider of institutional-grade liquidity services for the Lightning Network. The company’s mission is to enhance the global adoption of Bitcoin by providing reliable and scalable liquidity solutions that power the Lightning Network. LQWD operates a growing number of Lightning Network nodes worldwide, ensuring efficient and cost-effective Bitcoin transactions for businesses and individuals alike.

About Alby Inc.

Alby is a pioneering software development company focusing on making bitcoin the native currency of the internet. With contributions from the open-source community Alby creates solutions for consumers, developers and Bitcoin users, prioritizing ease of use and interoperability. https://getalby.com

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdtech.com
Twitter: @LQWDTech

Forward-Looking Statements

This news 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.