Vancouver, British Columbia, April 5, 2023 – Bitcoin Lightning Network Focused LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), is pleased to announce the appointment of Alex P. Guidi as an independent director of the Company. The board of directors now consists of Shone Anstey, Ashley Garnot, Pino Perone, Kim Evans and Alex P. Guidi.

Mr. Guidi is an experienced public company executive, investor, and successful venture capitalist. At age 26, Alex founded and was principal shareholder in a group of highly successful senior board-listed companies, known as the IREMCO Group of Companies. Under his leadership from 1986 to 2012, the IREMCO group became among the fastest growing international exploration, development, and production enterprises globally. Currently, the IREMCO Group is a privately held investment corporation. 

In conjunction with Mr. Guidi’s board appointment, LQwD will complete a non-brokered private placement of 468,750 units of the Company (each a “Unit”) at a price of $0.64 per Unit for aggregate gross proceeds of $300,000 (the “Private Placement”). Each Unit will consist of 1 common share of the Company and 1 common share purchase warrant, with each warrant exercisable for 1 common share at an exercise price of $0.85 per common share at any time up to 36 months following the closing date of the Private Placement.

The Private Placement will be fully subscribed by Mr. Guidi, a director of the Company. Accordingly, the participation of Mr. Guidi in the Private Placement constitutes a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is exempt from the formal valuation and minority approval requirement under MI 61-101 as the fair market value of Mr. Guidi’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.

The net proceeds from the Private Placement are intended to be used, but are not limited to, continuing to expand LQwD’s Lightning Network business and 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 Venture Exchange (“TSXV”).

In connection with the Private Placement, the Company will not pay finder’s fees.

About LQwD 

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:  

Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com
Twitter: @LQwDFinTech

Forward-Looking Statements

This press 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 press 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 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.

This press 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, British Columbia, February 29, 2023 – Bitcoin Lightning Network Focused LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), is pleased to announce that it is the first third-party Lightning Network service provider (LSP) with a leading Lightning Network wallet, Breez Developments (Breez) in their new open-lightning service model.

“Becoming the first LSP connected with Breez and their Open-LSP Model positions LQwD to provide liquidity to a fast-growing wallet operator and potentially capture significant transaction volume, generate yield on our Bitcoin holdings, all while maintaining full sovereignty and full custody.” commented Shone Anstey, LQwD’s Chief Executive Officer.

In this LSP model, LQwD will be connecting its global routing nodes to a well-connected Breez node on the Lightning Network, allowing for LQwD to get additional volume and connectivity.  LQwD nodes are backed by company owned Bitcoin and will now earn additional fees from Breez’s incoming and outbound liquidity.

Israeli-based Breez, is a well-established fast growing non-custodial Lightning Network wallet for users to buy, sell, and pay for goods, services, and streaming content with low-friction. Breez is building a non-custodial Lightning SDK to interface with existing, real-world apps and launching a hybrid architecture that will let users access their bitcoin on any device and in any participating app.

To learn more about the Breez and LQwD LSP partnership, please visit here.

About LQwD 

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:  

Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.lqwdfintech.com
Twitter: @LQwDFinTech

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.

Lightning Network focused LQwD Fintech Corp. (TSXV: LQWD, OTCQB: LQWDF), announces that it has released a new and updated version of lqwd.tech, the Company’s proprietary, non-custodial Lightning Network Software as a Service platform (SaaS).

LQwD’s Lightning Network platform makes it easier for institutions, businesses, and users, to integrate and use the Lightning Network. The platform, which is highly scalable, allows for millions of Bitcoin transactions to be made in seconds over the Lightning Network.

“We are very excited for the release of the updated version of our Lightning Network platform, lqwd.tech” stated CEO, Shone Anstey “We have learned a lot and made vast improvements to the platform and LQwD as a company has become a key player on the Lightning Network through its global routing nodes and our easy to use platform.”

The updated version of lqwd.tech has a new look and includes updated features, which enables users to:

• Easily create and manage Lightning Network nodes.
• Transact securely, privately, and near-instantaneously on the Lightning Network.
• Create Lightning Network channels with effective routing.
• Request and manage liquidity more efficiently.

The Company has deployed a portion of its Bitcoin holdings to maintain its 19 globally launched nodes and provide liquidity to the platform, thus enabling the Company to earn transaction fees on this rapidly growing global payment rail. Currently, LQwD’s global routing nodes have forwarded over 123 thousand transactions totaling 250 Bitcoin.

For more information on LQwD’s Lightning Network platform, or to sign up as a user, please visit lqwd.tech

About the Lightning Network

The Lightning Network is a solution to mass scaling the usage of Bitcoin for microtransactions globally, dramatically improving upon fees and instant settlement times.

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company\’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:

Ashley Garnot, Corporate Development

Phone: 1.604.669.0912

Email: [email protected]

Website: www.lqwdfintech.com

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, in light of 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. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, LQwD Financial, their securities, or their respective financial or operating results (as applicable).

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF) announces that the TSX Venture Exchange (the “TSX-V”) has approved the previously announced on November 7, 2022, share consolidation of the outstanding share capital of the Company’s common shares on the basis of ten (10) pre-Consolidation common shares for one (1) post-Consolidation common share (the “Consolidation”).

The Consolidation became effective at the open of the market today (the “Effective Date”). The Company will not change its name as part of the Consolidation but will issue new share certificates under a new CUSIP number, which is 50213W305, ISIN:  CA50213W3057.  The Company’s common shares will continue to trade on the TSX-V under its current symbol, “LQWD”.

As at the Effective Date, the Company will have approximately 9,777,430 post-Consolidated common shares issued and outstanding.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:

Ashley Garnot, Corporate Development

Phone: 1.604.669.0912

Email: [email protected]

Website: www.lqwdfintech.com

Twitter: @LQwDFinTech

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF) announces that it intends to complete a share consolidation of the outstanding share capital of LQwD (the “Consolidation”). On October 18, 2022, LQwD’s Board of Directors approved the Consolidation on the basis of ten (10) pre-Consolidation common shares for one (1) post-Consolidation common share. The reasons for the Consolidation are to increase LQwD’s flexibility and competitiveness in the market, and to make LQwD’s securities more attractive to a wider audience of potential investors. The Consolidation is subject to final acceptance by the TSX Venture Exchange.

As a result of the Consolidation, LQwD’s currently issued and outstanding 97,777,807 common shares will be reduced to approximately 9,777,780 common shares. No fractional common shares will be issued as a result of the Consolidation. Instead, any fractional common shares will be rounded down to the nearest whole number of common shares. The Company’s name and trading symbol will remain unchanged, and the Company anticipates the effective date of the Consolidation to be November 14, 2022.

Registered shareholders will receive a letter of transmittal from LQwD’s transfer agent, Computershare Investor Services Inc. (“Computershare”), with information on how to exchange their old share certificates representing pre-Consolidation common shares with the new share certificates representing post-Consolidation common shares. Computershare will forward to each registered shareholder who has provided the required documents a new share certificate representing the number of post-Consolidation common shares to which the shareholder is entitled. Until surrendered, each share certificate representing pre-Consolidation common shares of LQwD will be deemed for all purposes to represent the number of whole post-Consolidation common shares to which the holder is entitled as a result of the Consolidation.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:

Ashley Garnot, Corporate Development

Phone: 1.604.669.0912

Email: [email protected]

Website: www.lqwdfintech.com

Twitter: @LQwDFinTech

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF) is pleased to announce the results from its 2022 annual general meeting of shareholders (the “Meeting”) held on August 24, 2022.Shareholders voted as follows on the matters before the Meeting.

Election of Directors

All four (4) of the nominees listed in LQwD’s management information circular dated July 27, 2022, that were proposed by management for election to the board of directors at the Meeting were duly elected. The directors will remain in office until the next annual meeting of the Company’s shareholders or until their successors are elected or appointed.

The results of the vote on the election of the directors at the Meeting are as follows:

Appointment of Auditors

Shareholders appointed Kingston Ross Pasnak LLP as auditor of the Company for the upcoming year and authorized the directors of the Company to fix the remuneration of the auditor.

Approval of Stock Option Plan

The Company’s incentive stock option plan, and amendments thereto, were approved by shareholders with 99.78% of shares represented at the Meeting voting in favour. 

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:

Ashley Garnot, Corporate Development

Phone: 1.604.669.0912

Email: [email protected]

Website: www.lqwdfintech.com

Twitter: @LQwDFinTech

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.

LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF) is pleased to announce the appointment of Aziz Pulatov as Chief Technology Officer of the Company. Mr. Pulatov has extensive experience as a senior software architect and Bitcoin expert and is a senior DevOps engineer and Amazon Web Services-certified SysOps Administrator.

To facilitate the new appointment to LQwD’s senior executive team, Albert Szmigielski has resigned from his position as Chief Technology Officer but will remain as a strategic advisor to the Company. LQwD’s management and Board of Directors would like to sincerely thank Mr. Szmigielski for his many contributions and look forward to what he will bring in his new advisory role with the Company.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.

For further information:

Ashley Garnot, Corporate Development

Phone: 1.604.669.0912

Email: [email protected]

Website: www.lqwdfintech.com

Twitter: @LQwDFinTech

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.