LQWD Technologies Extends Private Placement Closing Date

VANCOUVER, BC / ACCESSWIRE / September 9, 2024 / LQWD Technologies Corp. (TSXV:LQWD) (OTCQB:LQWDF) has announced an extension granted by the TSX Venture Exchange for their non-brokered private placement. The placement entails up to 1.5 million units at CDN$0.65 per unit, potentially raising up to CDN$975,000. The anticipated new closing date is October 7, 2024, subject to regulatory approvals.

All terms of the original private placement remain unchanged. Earlier, the company indicated strong progress with the Bitcoin Lightning Network, a growing payment layer that has seen a 1,200% increase in activity over the past two years. Recent advancements include the integration of stable coin transactions, enhancing its utility and appeal.

LQWD aims to build infrastructure for instant, low-cost, internet-based payments, reinforcing the role of Bitcoin in modern financial transactions. The company trades on the TSX Venture Market under the symbol LQWD.