TORONTO and
MELBOURNE, Australia,
Feb. 22,
2024 /CNW/ - Banxa Holdings Inc. (TSXV: BNXA)
(OTCQX: BNXAF) (FSE: AC00) ("Banxa'' or the
"Company") is pleased to announce its reporting date of Q2
FY24 Unaudited FInancial Results and the formal appoint of its
Chief Financial Officer.
UNAUDITED Q2 FY24 FINANCIAL RESULTS RELEASE AND EARNINGS
CALL
Banxa will be releasing its unaudited Q2 FY24
financial results on February 27,
2024 before market open. Banxa will be hosting an
earnings call on the same day at 2pm
EST to discuss the unaudited Q2 FY24 financial results
and all shareholders and investors are encouraged to register for
the call here: http://tinyurl.com/Banxa-Q2FY24
FORMAL APPOINTMENT OF CHIEF FINANCIAL OFFICER
The Board is pleased to appoint Patrick Maguire as Banxa's Chief Financial
Officer as of January 25, 2024.
Patrick joined the business in October
2023 and his appointment to the role of CFO highlights
Banxa's commitment to high quality and timely financial
disclosures. Patrick brings a wealth of experience leading finance
functions across a wide variety of businesses in the public and
private markets. The Board is confident that under Patrick's
stewardship, the finance function will provide the strategic
leadership for Banxa to achieve its mission.
The Board thanks Sean
Moynihan for his immense contributions over the past year in
the role of Interim CFO. Sean stepped into the role at a critical
juncture and played an invaluable role in the completion of the
audits for FY22 and FY23. Sean will return to focusing solely on
his role of Chief Operating Officer to guide the business
forward.
ABOUT BANXA HOLDINGS
INC.
Banxa is the leading infrastructure provider for
enabling embedded crypto - empowering businesses to
embed crypto seamlessly into their existing platforms
and unlocking new opportunities in the rapidly evolving
crypto economy. Through an extensive and growing
network of global and local payment solutions and regulatory
licenses, Banxa helps businesses provide seamless integration of
crypto and fiat for global audiences with lower fees
and higher conversion rates. Headquartered in the USA, Europe,
and Asia-Pacific, the Banxa team
is building for a world where global commerce is run on digital
assets. For further information visit www.banxa.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
ON BEHALF OF THE BOARD OF DIRECTORS
Per: "Zafer Qureshi"
Zafer Qureshi = Executive Director
and Head, Corporate Affairs, +1-888-332-2692
Forward-Looking
Information
This release includes certain statements and
information that may constitute forward-looking information within
the meaning of applicable Canadian securities laws. Forward-looking
statements relate to future events or future performance and
reflect the expectations or beliefs of management of the Company
regarding future events. Generally, forward-looking statements and
information can be identified by the use of forward-looking
terminology such as "intends" or "anticipates", or variations of
such words and phrases or statements that certain actions, events
or results "may", "could", "should", "would" or "occur". This
information and these statements, referred to herein as
"forward‐looking statements", are not historical
facts, are made as of the date of this news release and include
without limitation, statements regarding discussions of future
plans, estimates and forecasts and statements as to management's
expectations and intentions.
These forward‐looking statements
involve numerous risks and uncertainties and actual results might
differ materially from results suggested in any forward-looking
statements. Although management of the Company has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements and forward-looking information. Readers are cautioned
that reliance on such information may not be appropriate for other
purposes. The Company does not undertake to update any
forward-looking statement, forward-looking information or financial
out-look that are incorporated by reference herein, except in
accordance with applicable securities laws. We seek safe
harbor.
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SOURCE Banxa Holding Inc