LQWD Appoints Bitcoin Veteran Coyn Mateer to its Board of Directors

Rhea-AI Summary

LQWD Technologies (OTCQX: LQWDF) has appointed Samuel Coyn Mateer as a non-executive director, effective immediately. Mateer brings extensive Bitcoin experience as a founding partner at UTXO Management and co-founder of 210k Capital, LP, where he has been actively investing in Bitcoin since 2013.

Through 210k Capital, which Mateer co-founded in 2019, he maintains approximately 19% ownership in LQWD, demonstrating significant commitment to the company. CEO Shone Anstey highlighted that Mateer's expertise will be important in accelerating LQWD's strategy to increase Bitcoin treasury holdings and expand their Lightning Network ecosystem presence.

Positive

• Strategic appointment of Bitcoin veteran with 10+ years of experience
• Significant 19% ownership stake demonstrates strong investor commitment
• Board member brings extensive Bitcoin investment expertise since 2013

Negative

• None.

News Market Reaction

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-0.70% News Effect

On the day this news was published, LQWDF declined 0.70%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - April 2, 2025) - LQWD Technologies Corp. (TSXV: LQWD) (OTCQX: LQWDF) ("LQWD" or the "Company") is pleased to announce the strategic appointment of Samuel Coyn Mateer as a non-executive director of the Company, effective immediately.

Mr. Mateer is a seasoned leader, investor, and has extensive experience in the Bitcoin space. As a founding partner at UTXO Management, he has been actively investing in and advocating for Bitcoin since early 2013. He co-founded 210k Capital, LP, a US-based private investment fund managed by UTXO Management, which has been investing in the Bitcoin ecosystem across public and private markets since 2019.

Shone Anstey, CEO of LQWD, stated, "We are thrilled to welcome Coyn to our board of directors. His deep expertise in Bitcoin and substantial investment in LQWD through 210k Capital, which holds directly and indirectly approximately 19% ownership in the Company, underscore his commitment to our vision. Coyn's insights will be invaluable as we accelerate our strategy to increase our Bitcoin treasury holdings and expand our presence in the Lightning Network ecosystem."

About LQWD Technologies Corp.

LQWD is focused on enhancing shareholder value through its innovative Bitcoin accumulation strategy and scalable yield-generating opportunities through the Company's Lightning Network operations.

For more information, please visit LQWD's corporate presentation and connect with the Company's Lightning Network nodes in real time.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: ashley@lqwdtech.com
Website: www.lqwdtech.com
X: @LQWDTech

Forward-Looking Statements

This 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247070

FAQ

What percentage ownership does 210k Capital hold in LQWD Technologies (LQWDF)?

210k Capital holds approximately 19% ownership in LQWD Technologies, both directly and indirectly.

When did Samuel Coyn Mateer start investing in Bitcoin?

Samuel Coyn Mateer has been actively investing in and advocating for Bitcoin since early 2013.

What are LQWD Technologies' (LQWDF) strategic goals mentioned in the announcement?

LQWD aims to increase their Bitcoin treasury holdings and expand their presence in the Lightning Network ecosystem.

When was 210k Capital, LP founded and what is its focus?

210k Capital, LP was founded in 2019 as a US-based private investment fund managed by UTXO Management, focusing on Bitcoin ecosystem investments across public and private markets.