November 29, 2018
Helix Joins CitizenOS Project With Xinova and BTL Group
CALGARY, Alberta, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Helix Applications Inc. (TSX-V: HELX) (the “Company” or “Helix”) announces that it has joined the CitizenOS venture (the “Venture”) with Xinova, LLC (“Xinova”) and BTL Group Ltd. (“BTL”) in respect of the CitizenOS Project. Helix will become the technology and App developer for the Venture and BTL will contribute version 3 of its InterbitTM megachain technology platform – which is still being developed. The parties have agreed to use the initial 6 months to evaluate the agreed technology and commercial benchmarks before deciding to form an Equity Joint Venture (as described below).
October 30, 2018
Belvedere Completes Change of Business Transaction and Name Change to Helix Applications Inc.
VANCOUVER, British Columbia, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Helix Applications Inc. (formerly Belvedere Resources Ltd.) (TSX-V: HELX) (the “Company” or “Helix”) is pleased to announce that it has completed its previously announced “Change of Business” transaction (“COB Transaction”) with BlockCoBuilders Inc. (“BlockCo”), a developer of blockchain technologies and applications. Following completion of the COB Transaction, BlockCo is now a wholly-owned subsidiary of the Company. Helix intends to meet the listing requirements for a “Tier 2” technology issuer on the TSX Venture Exchange (the “Exchange”) and Helix will continue the business of BlockCo.
June 13, 2018
Belvedere Resources announces letter of intent to acquire Helix Accelerator, formerly known as BlockCoBuilders
VANCOUVER, British Columbia, June 13, 2018 (GLOBE NEWSWIRE) -- Belvedere Resources Ltd. (TSX-V:BEL) (the “Company”) is pleased to announce that it has entered into an arm’s length, binding letter of intent dated effective June 12, 2018 (the “LOI”) with BlockCoBuilders Inc. (“BlockCo”) to complete a business combination, whereby the Company has agreed, subject to certain conditions, to acquire all of the issued and outstanding securities of BlockCo (the “COB Transaction”). Upon completion of the COB Transaction, the combined entity (the “Resulting Issuer”) will continue the business of BlockCo. The COB Transaction is intended to constitute a “Change of Business” transaction pursuant to Policy 5.2 – Changes of Business and Reverse Takeovers (“Policy 5.2”) of the TSX Venture Exchange (the “Exchange”).