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Global Care Capital Closes Acquisition of Cryptocurrency Company ASIC Power.

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Vincent

MANews-(C)2009-2021

US-based investment company Global Care Capital Inc. (CSE: HLTH) (FRANKFURT: L6V1) has completed the acquisition of all of the issued and outstanding securities in the capital of ASIC Power Corp. under the terms of a share exchange agreement dated January 19, 2021 among the company, ASIC and the shareholders of ASIC, the company said.

ASIC is the first cryptocurrency company combining state of the art ASIC chips with royalty streaming contracts.

In connection with closing Global Care issued an aggregate of 100m common shares of Global Care to ASIC shareholders at a deemed price of USD 0.095 per consideration share.

There is no hold period for the consideration shares pursuant to applicable securities laws.

The transaction is an arms-length transaction and no change in management, or the board of directors of Global Care is being contemplated at this time.

ASIC Power Corp. is a company focused on vertical integration of blockchain infrastructure, covering energy, hardware and software optimisation focused on...

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