THREED CAPITAL TEAMS UP WITH ST-GEORGES

ThreeD, St-Georges partner on $20M debenture offering

2018-01-08 07:06 ET - News Release

Mr. Sheldon Inwentash reports
THREED CAPITAL TEAMS UP WITH ST-GEORGES ECO-MINING ON $20M DEBENTURE OFFERING FOR SUBSIDIARY ZEU CRYPTO NETWORKS
ThreeD Capital Inc. has teamed up with St-Georges Eco-Mining Corp. to introduce ZeU Crypto Networks to its global network and blockchain ecosystem. St-Georges has announced that its wholly owned subsidiary, ZeU Crypto Networks Inc., a private blockchain technology company, intends to sell $20-million aggregate principal amount of 10.00 per cent convertible unsecured debentures on a non-brokered offering basis.

Sheldon Inwentash, chairman and chief executive officer of ThreeD Capital, stated: "ThreeD Capital, through its wholly owned subsidiary, Blockamoto.io, has set a mandate to provide strategic advice to assist early-stage blockchain solutions in reaching viability as quickly as possible. ZeU Crypto Networks could represent the most disruptive protocol of the already disruptive blockchain industry." Blockchain and smart contract technology licence

On Jan. 4, 2018, St-Georges announced the signing of a significant, non-arm's-length blockchain and smart contract technology licence agreement, with Qingdao Tiande Technologies Inc. St-Georges immediately assigned the licence to its newly formed wholly owned subsidiary, ZeU Crypto Networks Inc. Tiande is led by world-renowned blockchain expert, Dr. Wei-Tek Tsai, who initiated the first academic laboratory dedicated to blockchain research and education in China at Beihang University's School of Computer Science and Engineering.

Dr. Tsai received his SB in computer science and engineering from Massachusetts Institute of Technology (MIT) at Cambridge, Mass., in 1979, MS and PhD in computer science from University of California at Berkeley in 1982 and 1985. He joined Arizona State University, Tempe, Ariz., in 2000 as a full professor of computer science and engineering in the school of computing, informatics and decision systems engineering. He became an emeritus professor in December, 2014. He has authored more than 500 papers in software engineering, service-oriented computing, cloud computing and blockchains. He travels widely and has held various professorships in Asia and Europe.

About ThreeD Capital Inc.
ThreeD is a publicly traded Canada-based venture capital firm focused on opportunistic investments in companies in the junior resources, artificial intelligence and blockchain sectors. ThreeD seeks to invest in early-stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the company's network in order to earn increases to the company's equity stake.

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