Corporate Update
The Company announces that Mr. Rodney Prescott has made the decision to resign as Chief Technology Officer of the Company's wholly owned subsidiary GlobalBlock Limited effective June 1, 2022. Having set the technology course for the Company, Mr. Prescott has decided to focus on his Doctoral studies, with the GlobalBlock team more than capable of moving the platform ahead. The Company wishes Mr. Prescott well in his future pursuits.
ABOUT THE COMPANY
GlobalBlock Digital Asset Trading Limited is a publicly traded holding company (TSXV: BLOK) whose wholly owned subsidiary, GlobalBlock Limited (https://www.globalblock.co.uk), is at this time a United Kingdom based digital asset broker that provides a personalised telephone brokerage service, trading platform and mobile app. Established in 2018 by an experienced team of financial services professionals, GlobalBlock Limited acts as a trusted agent serving the digital asset needs of individuals, corporates, institutional financial firms and intermediaries, providing best execution trading and safe custody of digital assets.
GlobalBlock has incorporated a Lithuania based subsidiary named GlobalBlock Europe UAB and is in the process of transitioning its digital asset broker business to Lithuania and becoming a European based Virtual Asset Service Provider, which is expected to occur by May 25, 2022. See the Company's March 24, 2022 press release for more information.
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