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Classified in: Business
Subject: MISCELLANEOUS

Blockchain Foundry Announces Renewal of Blockchain Development Agreement with the LODE Community


THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR RELEASE, PUBLICATION OR DISSEMINATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Blockchain Foundry Inc. ("BCF" or the "Company") (CSE:BCFN), a leading North American blockchain development firm, has renewed its blockchain development agreement (the "Agreement") with the LODE Community ("LODE"). The Agreement commenced on August 3, 2020 and is valued at approximately C$90,000.

The Company's initial agreement with LODE was announced in February 2019 and more information can be found in the Company's news release dated February 14, 2019.   

About Blockchain Foundry Inc.         

Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology into their businesses.

Blockchain Foundry Contact Information:

Chris Marsh
President
[email protected]
(647) 330-4572

Forward-Looking Information

Certain portions of this press release contain "forward-looking information" within the meaning of applicable Canadian securities legislation, which is also referred to as "forward-looking statements," which may not be based on historical fact. Wherever possible, words such as "will," "plans," "expects," "targets," "continues," "estimates," "scheduled," "anticipates," "believes," "intends," "may," "could," "would" or "might," and the negative of such expressions or statements that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved, have been used to identify forward-looking information.

Forward-looking statements should not be read as guarantees of future events, future performance or results, and will not necessarily be accurate indicators of the times at, or by which, such events, performance or results will be achieved, if achieved at all. Readers should not place undue reliance on such forward-looking statements, as they reflect management's current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by BCF are inherently subject to significant business, economic, regulatory, competitive, political and social uncertainties, and contingencies. Many factors could cause BCF's actual results, performance or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements.


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