Vancouver, British Columbia – BCIT Student Association (BCITSA) is happy to announce that Newnote Financial Corp. (the “Companyâ€) (CSE: NEU; FSE: 1W4) will be installing a Bitcoin ATM at The British Columbia Institute of Technology (BCIT). The installation of the machine in building SE2 at the BCIT Burnaby campus will be completed within the next 10 days and will be available to students interested in obtaining Bitcoin.
“We are very excited and fortunate to have made this arrangement with the BCITSA. We feel this is an excellent location for a Bitcoin ATM and look forward to working with BCITSAâ€, reports Paul Dickson, President & CEO of Newnote Financial. While BCITSA’s VP of External Affairs, Tyra Bermudez notes “It is very exciting to see the advancements BCITSA is able to provide our student population. Having a BITCOIN machine is one of the many ways we are able to provide students with up-to-date industry and business trendsâ€.
The terms of the agreement include a revenue share of one percent of transaction fee’s to the BCITSA and two percent of transaction fees to Newnote Financial. BCITSA supports this opportunity to use an open-sourced peer-to-peer form of payment and is looking forward to student’s response to this new addition on campus.
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.
British Columbia Institute of Technology Student Association (BCITSA)
The British Columbia Institute of Technology Student Association (BCITSA) is a non-profit student services and advocacy organization for the British Columbia Institute of Technology (BCIT), the second largest post-secondary institution in British Columbia. A board of directors composed of 11 elected Student Executive members and Student Councilors from each of the different schools of BCIT governs the affairs of the BCITSA.
The BCIT Student Association supports and enhances the quality of student life for over 48,000 BCIT full-time and part-time students across BCIT’s five campuses.
Students lead our organization, and drive strategically what happens. Everything that we do is about increasing the value of the BCIT student experience.
Find us at: Twitter.com/bcitsa , Facebook.com/bcitsa
For further information please contact:
Paul Dickson
President, CEO & Director
Suite 709-700 West Pender Street
Vancouver, BC V6C 1G8
P: 604-800-6749
F: 604-685-3833
Genevieve Neugebauer
BCITSA Marketing Communications Strategist
3700 Willingdon Ave, Burnaby BC V5G 3H2
C: 778-839-2042
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The CSE has not reviewed, approved or disapproved the content of this press release.
