Le Lézard
Classified in: Mining industry
Subject: NEW PRODUCTS/SERVICES

Netcoins launches in Australia with 7,500 locations via Flexepin


VANCOUVER, British Columbia, April 26, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins ("NETC" or the "Company") (CSE:NETC) is pleased to announce that it has signed a definitive agreement to launch in Australia via Flexepin. Netcoins already has distribution to 3,500 stores in Canada via Flexepin, and will be active in 7,500 more locations throughout the continent of Australia by early May.

The Flexepin system allows a consumer or investor to buy a voucher at retail partner locations, such as convenience stores and gas stations, and redeem the voucher via Netcoins for Bitcoin. Netcoins tested the Australia market with Flexepin in 2016, and now following the success we are achieving in Canada with daily transactions, we are launching in Australia in local currency (AUD).

"To continue to maximize revenues, Netcoins must keep bringing purchase locations closer to consumers throughout the world. Flexepin has been a valuable revenue contributor and partner in Canada, and we are excited to enable Australians to purchase Bitcoin via Netcoins," said Netcoins CEO, Mark Binns. "24 million Australians will have easier access to crypto thanks to Netcoins, overcoming the numerous challenges of online exchanges and traditional (non-virtual) Bitcoin ATM machines. We look forward to accessing more international markets with Flexepin in the coming months as well."

About the Company
The Company is in the business of developing software to better facilitate the purchase and sale of bitcoin for end-users. Netcoins enables the sale of bitcoin through its software at retail outlets, through individual agents and directly to clients purchasing and selling in large quantities.

ON BEHALF OF THE BOARD OF DIRECTORS

"Mark Binns"

Mark Binns
CEO and Director

For Investor Relations Inquiries please contact Skanderbeg Capital Advisors at 604 687 7130 or email [email protected]

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding "Forward-Looking" Information
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


These press releases may also interest you

28 mar 2024
Discovery Silver Corp. ("Discovery" or the "Company") today announced financial results for the three and twelve months ended December 31, 2023 ("Q4 2023" and "2023", respectively). The Company also provided a summary of key events since the...

28 mar 2024
Osisko Development Corp. ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023"). Q4 2023 HIGHLIGHTS Operating, Financial and Corporate Updates: 2,090...

28 mar 2024
Kootenay Silver Inc. ("Kootenay" or the "Company") is pleased to announce that it has obtained a receipt for a final short form base shelf prospectus with the securities regulators in each province and territory of Canada....

28 mar 2024
Robex Resources Inc. ("Robex" or the "Company") announces today that its Board of Directors has approved the implementation of the consolidation of the issued and outstanding common shares of the Company approved by its shareholders on June 29,...

28 mar 2024
Denison Mines Corp. ('Denison' or the 'Company') is pleased to announce that it has filed its 2023 Annual Report on Form 40-F with the U.S. Securities and Exchange Commission ('SEC').  Denison's Form 40-F includes its management discussion and...

28 mar 2024
Cool Company Ltd. ("CoolCo" or the "Company") announces that it has filed its Form 20-F for the year ended December 31, 2023 with the Securities and Exchange Commission (SEC) in the U.S. Form 20-F can be downloaded from the link below, is available...



News published on and distributed by: