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LiteLink Technologies Inc. has officially changed its name to TechX Technologies Inc., effective February 26, 2021. This rebranding reflects the company's commitment to advancements in cryptocurrency, blockchain, AI, and IOT. The Canadian Securities Exchange has approved the name change, along with a symbol update to TECX for CSE and TECXF for OTC. Additionally, TechX is launching two marketing campaigns, investing $200,000 CAD total, aimed at attracting new investors and engaging current shareholders.
LiteLink Technologies announces a C$2,000,000 equity investment in CatalX CTS Ltd., acquiring 24,217 Class A voting shares, representing 19% of CatalX's outstanding share capital. The transaction involves issuing 15,000,000 common shares and a cash payment of C$500,000. CatalX, a leading Canadian cryptocurrency exchange, reported significant growth, with net deposits up 236% and trading volume up 426% in January 2021. This investment aligns with LiteLink's focus on emerging technologies, aiming to strengthen its position in the growing crypto market.
LiteLink Technologies Inc. (CSE: LLT, OTC: LLNKD) plans to rebrand as TechX Technologies Inc. This name change reflects the Company’s commitment to digital technology solutions in sectors such as cryptocurrency, blockchain, AI, IOT, and cloud technologies. LiteLink aims to leverage the growing market for digital assets, focusing on strategic investments to enhance value for shareholders. The name change is pending approval from the Canadian Securities Exchange, with further announcements to follow.
LiteLink Technologies Inc. announced the completion of a private placement, raising C$1,005,000 through the issuance of 10,050,000 common shares at C$0.10 per share. The funds will support future acquisitions, organic growth, working capital, and general corporate purposes. LiteLink also updated its OTC ticker from LLNKF to LLNKD. Chairman and CEO Peter Green expressed gratitude to shareholders and emphasized using the new resources for growth strategies. All securities are subject to a four-month-and-one-day hold period.
