LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), a Bitcoin Lightning Network focused company developing institution grade payment infrastructure and solutions, is pleased to announce the appointment of Alexandra Moxin as VP of Product to the Company, effective immediately.

Alexandra has over a decade of experience in product, business development, and digital transformation and has a deep understanding of emerging technologies including Bitcoin, artificial intelligence/machine learning, event-driven systems and how these impact organizations. Alexandra has previously worked for Microsoft in product marketing where she grew engagement in Azure, DevOps and OSS developer communities and was Canadian Ambassador for Microsoft’s Azure Tech Communities.

Alexandra is also the founder of Advance Tech Media, which is home to the Advance Tech Podcast in which she interviews founders, developers, and leaders from around the globe in the emerging tech space. The Advance Tech Podcast has reached 1 million downloads in just over a year and it is now ranked globally in the top 10% of podcasts across all categories.

Shone Anstey, Chairman and CEO of the Company, commented, “The addition of Alexandra to LQwD’s management team is both timely and exciting. She is well versed in digital transformation and will be an integral part of the Company’s growth strategy in the Lightning Network space.”

About the Lightning Network

 The Lightning Network is a solution to mass scaling the usage of Bitcoin for microtransactions globally, dramatically improving upon fees, as well as instant settlement times. The Lightning Network is experiencing explosive growth since January 1, 2021, with node growth doubling and Bitcoin capacity increasing 181% to September 30, 2021.  Some well-known prominent companies such as Jack Dorsey’s Twitter and Square have expressed their enthusiasm to incorporate Bitcoin Lightning Network into their platforms.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused company developing payment infrastructure and solutions. 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 and acquires Bitcoin as an operating asset establishing nodes and payment channels across 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, 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), a Bitcoin Lightning Network focused company developing institution grade payment infrastructure and solutions, announces that it participated in the recent Adopting Bitcoin – A Lightning Summit in El Salvador. The conference, which took place from November 16 to 18, brought together a renowned group of industry experts in the Bitcoin and Lightning Network community to discuss the future of money and payments in the Central American republic and abroad.

LQwD also announces that it continues to increase its Bitcoin holdings. To date, the Company has spent a total of C$9.2 million to purchase 150 Bitcoins at an average cost of approximately C$61,000 (US$48,000) per Bitcoin.

The purchase further strengthens LQwD’s strategic growth initiative to accumulate Bitcoin as a reserve asset and as an operating asset, which underpins the Company’s proprietary multi-pronged, Lightning Network software platform (SaaS), 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, as well as instant settlement times. The Lightning Network is experiencing explosive growth since January 1, 2021, with node growth doubling and Bitcoin capacity increasing 181% to September 30, 2021.  Some well-known prominent companies such as Jack Dorsey’s Twitter and Square have expressed their enthusiasm to incorporate Bitcoin Lightning Network into their platforms.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused company developing payment
infrastructure and solutions. 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 and acquires Bitcoin as an operating asset establishing nodes and payment channels across 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, 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 Software Enables Institutions, Businesses & Investors Easy Access to the World’s Fastest Growing Global Payments Network

Lightning Network focused LQwD FinTech Corp. (TSXV: LQWD, OTCQB: LQWDF), announces the launch of lqwd.tech, the Company’s proprietary multi-pronged, Lightning Network software platform (SaaS). LQwD’s Lightning Network platform provides easy access to a decentralized monetary network-of-the-future payment solution, allowing B2B markets, investors and others broader access, more efficient liquidity, and seamless usage of global payments’ infrastructure.

With the launch of lqwd.tech, the Company will deploy a portion of its substantial Bitcoin holdings to secure additional nodes and provide liquidity to the platform, enabling the Company to earn transaction fees on this rapidly growing global payment rail.

“The Lightning Network is an extremely dynamic new global monetary network that’s growing exponentially,” stated Albert Szmigielski, Chief Technology Officer at LQwD, “and we’re excited and fortunate to be a solutions provider in the space.” He continued, “Developing countries such as El Salvador are using and seeing significant adoption, and one of the world\’s largest social media platforms – Twitter – is making global tipping on the Lightning Network mainstream, with its tipping feature called Tips. Needless to say, we’re looking forward to becoming a major contributor to (and supporter of) Bitcoin’s scaling layer – the Lightning Network.”

The Company’s lqwd.tech platform empowers institutions, business and investors by making it easy to integrate and use the Lightning Network. It is designed to be highly scalable and adaptive to the incredible growth of the Lightning Network, which allows for millions of Bitcoin transactions to be made in seconds.

It enables users to:

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

For more information on the B2B 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. The Lightning Network has been experiencing explosive growth since January 1, 2021, with node growth doubling and Bitcoin capacity increasing 181% to September 30, 2021.  Twitter, Square and other prominent companies have expressed their enthusiasm to incorporate Bitcoin Lightning Network into their platforms.

About LQwD FinTech Corp.

LQwD is a Lightning Network Service Provider (LSP) focused company developing payment infrastructure and solutions. 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 of Bitcoin. LQwD also holds Bitcoin as an operating asset, establishing nodes and payment channels across 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), a Bitcoin Lightning Network focused company developing institution grade payment infrastructure and solutions, announces that it has entered into an agreement with Israeli-based Breez Development Ltd. (\”Breez\”), a leading Lightning Network service provider.

Under the agreement, LQwD intends to offer Lightning Network liquidity services to Breez clients and provide on-demand Lightning Network channels whenever required. In addition, LQwD will run one or more Breez-modified Lightning Network routing nodes. Upon LQwD completing its services, Breez will add LQwD as a liquidity partner within Breez’s service.

“We are excited to work with Breez and become a liquidity partner within the Breez App. This development is another step forward for LQwD’s mandate of positioning the Company as the most prominent institutional grade Lightning Network service provider.” Commented Shone Anstey, CEO of LQwD Fintech Corp. “In addition, we will continue to acquire Bitcoin as an operating and strategic asset enabling the Company to establish nodes and payment channels on the rapidly growing Lightning Network as well as benefit from potential capital appreciation.”

The Breez mobile app is a Lightning Network interface where users can buy, sell, and pay for goods, services, and streaming content with a non-custodial, seamless, and open platform. It is an intuitive point-of-sale app for merchants that applies the most sophisticated technology in the Bitcoin and Lightning Network spaces as it combines a full-service LSP, an intuitive point-of-sale app for merchants, and a seamless, non-custodial end-user app.

The Company has also increased its Bitcoin holdings by acquiring a further number of Bitcoins since its previous release. To date, the Company has spent a total of C$8.3 million to purchase approximately 139 Bitcoins, which it now holds, at an average cost of approximately C$60,000 (US$48,000) per Bitcoin.

Bitcoin Lightning Network focused company,  LQwD Fintech Corp. (TSXV: LQWD, OTC: LQWDF), announces that it has entered into an agreement with Maynard Communications Limited (\”Maynard\”) dated November 4, 2021, for various corporate communications services at an aggregate cost of C$740,000. The activities commenced on November 4, 2021 and will continue for a period of six (6) months, renewable each month thereafter.

“Branding, media relations and corporate awareness is of upmost importance and a critical component of our business strategy as we prepare to launch our suite of institutional grade products and payment channels on the rapidly growing Bitcoin Lightning Network.” Commented Shone Anstey, CEO of LQwD Fintech Corp. “We selected Maynard based on their proven success and they are a perfect fit to help LQwD’s ambitious goals of rapidly becoming one of the most dominant global Lightning Network service providers.”

The wide range of services to be provided by Maynard will include search engine optimization, digital media campaigns for branding, media relations consulting, general business development, multimedia services and project management. Furthermore, in anticipation of the coming launch of the Company’s Lightning Network payment and infrastructure solutions, a significant portion of these efforts will be devoted to product and services marketing/advertising.

Maynard is an arm’s length consultant. To the knowledge of the Company, Maynard did not acquire and has no plans to acquire any securities in the Company. Neither the Company nor any of its directors, officers or employees have any interest, directly or indirectly, in Maynard, or their securities, or any right or intent to acquire such an interest. Maynard manages a marketing team headquartered in Hong Kong and has been successfully marketing for a broad range of companies listed on the TSX Venture Exchange. Karl Marek is the President of Maynard.  

About the Lightning Network

The Lightning Network is a solution to mass scaling the usage of Bitcoin for microtransactions
globally, dramatically improving upon fees, as well as instant settlement times. The Lightning Network is experiencing explosive growth since January 1, 2021 with node growth doubling and Bitcoin capacity increasing 181% to September 30, 2021.  Some well-known prominent companies such as Jack Dorsey’s Twitter and Square have expressed their enthusiasm to incorporate Bitcoin Lightning Network into their platforms.

About LQwD
LQwD is a Lightning Network Service Provider (LSP) focused company developing payment infrastructure and solutions. 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 and acquires Bitcoin as an operating asset establishing nodes and payment channels across 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.

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 has it has purchased an additional C$4.5 million worth of Bitcoin since closing its previously announced financing. To date, the Company has spent a total of C$7.8 million to purchase approximately 133 Bitcoins, which it now holds, at an average cost of approximately C$59,000 (US$47,500) per Bitcoin.

This purchase signifies the further strengthening of LQwD’s strategic growth initiative to accumulate Bitcoin as a reserve asset, but more importantly as an operating asset, which underpins the Company’s Lightning Network SaaS platform that is under development.

“Closing the $8 million financing has allowed us to acquire further Bitcoin, which is an important step for the Company to progress its short-term business goals to launch our Platform as a Service commercially, then focus on on-boarding clients and providing them with strong connectivity to the Lightning Network. This plays into our long-term objective of having a significant number of Lightning Network payment channels with Bitcoin staked on them (a requirement of the network) that are active across the Lightning Network and allow us to forward and route transactions as a major network participant, and earn fees for doing so,” says Chairman and CEO Shone Anstey.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused company developing payment infrastructure and solutions. 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 as an operating asset establishing nodes and payment channels across 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. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the use of proceeds of the Offering) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities, many of which are beyond the Company\’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. 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.

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 company, LQwD FinTech Corp. (TSXV: LQWD, OTC: LQWDF) (“LQwD” or the “Company”) is pleased to announce that it has closed its previously announced offering of 20,000,000 units (the “Units”) at a price of C$0.35 per Unit (the “Offering Price”) for total gross proceeds of C$7,000,000 (the “Offering”). The Offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp. and including PI Financial Corp. (together, the “Underwriters”). The Underwriters also exercised their over-allotment option in full to purchase an additional 3,000,000 Units for additional gross proceeds of C$1,050,000.  Including the proceeds from the exercise of the over-allotment option, the total gross proceeds of the Offering are C$8,050,000 with an aggregate of 23,000,000 Units issued.

Each Unit consists of one common share of the Company (a “Common Share”) and one half of one common share purchase warrant (each whole purchase warrant, a “Warrant”).  Each Warrant is exercisable to acquire one Common Share until October 28, 2023, at an exercise price of C$0.50.

The net proceeds from the Offering will be used to acquire Bitcoin and for general corporate and working capital purposes.

In consideration for their services, the Company paid the Underwriters a cash fee equal to 7.0% of the aggregate gross proceeds of the Offering, other than in respect of Units sold to purchasers designated by the Company, for which a cash fee of 3.5% was paid, and issued an aggregate of 1,528,765 compensation Warrants and 214,285 Common Shares as partial payment of a corporate finance fee. Each Compensation Warrant will be exercisable to acquire one Common Share at an exercise price equal to the Offering Price for a period of 24 months from the closing of the Offering, subject to adjustment in certain events.

Certain directors and officers of the Company participated in the Offering by purchasing a total of 413,500 Units.  Accordingly, the Offering constituted to that extent a \”related party transaction\” under applicable Canadian securities laws.  The Company did not file a material change report more than 21 days before the expected closing of the Offering as the details of the Offering and the participation therein by related parties of the Company were not settled until shortly prior to closing and the Company wished to close on an expedited basis for sound business reasons.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the 1933 Act and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the 1933 Act, and applicable state securities laws. “United States” and “U.S. person” are as defined in Regulation S under the 1933 Act.

About LQwD

LQwD is a Lightning Network Service Provider (LSP) focused company developing payment infrastructure and solutions. 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 as an operating asset establishing nodes and payment channels across 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. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the use of proceeds of the Offering) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities, many of which are beyond the Company\’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. 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.

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.