Fortress Blockchain Corp. (TSX-V: FORT) (“Fortress Blockchain” or the “Company”) today announced the appointment of Mr. Sean Ty to the position of Chief Financial Officer (“CFO”) of the Company, effective immediately. Mr. Ty replaces David Pais who has resigned as CFO.
Most recently, Mr. Ty served as the Company’s Controller, acted as interim CFO for a publicly-listed company, BlissCo Cannabis Corp. (CSE: BLIS) and, prior to that, worked as an accountant for public and private Canada companies with a particular focus on growth industries. Mr. Ty is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Science degree and a Diploma in Accounting from the University of British Columbia.
Mr. Ty succeeds David Pais, who joined Fortress Blockchain as Chief Financial Officer in April 2018. Aydin Kilic, Chief Executive Officer (“CEO”), and the Board of Directors express their gratitude to Mr. Pais for his service and wish him the best in the future. “Mr. Pais has contributed greatly to the completion of our Qualifying Transaction to be a Tier 1 listed company on the TSX-V. Also, Mr. Pais and Mr. Ty have worked closely on the financial reporting of the Company throughout this fiscal year, and we are pleased that Mr. Ty will fulfill the duties of Mr. Pais going forward,” said Aydin Kilic.
The Company also announced today that effective November 7th, 2018, Mr. Michael Ages will no longer serve as Fortress Blockchain’s Chief Technology Officer (“CTO”). The CEO and Board of Directors express gratitude to Mr. Ages for his service to the Company. Mr. Ages has provided the Company a wealth of knowledge through robust analysis and research in the digital mining space, while overseeing the Company’s mining operations. In his work, Mr. Ages has closely collaborated with the CEO, and the CEO will assume the duties of CTO moving forward.
About Fortress Blockchain
Fortress Blockchain Corp. is a technology-oriented blockchain mining company committed to operating in low-cost North American green-energy regions. Fortress’s resources are currently dedicated to achieving peak operational efficiency in industrial scale Bitcoin mining to ultimately deliver an industry leading competitive advantage in performance. Fortress has strategically acquired state-of-the-art mining facility in Washington state which has been in continuous operation since 2014, which serves as an R&D facility to optimize and build out the next generation of highly-scalable blockchain mining infrastructure.
For further information, please contact:
Aydin Kilic Chief Executive Officer 604 477 9997 a@fortressblockchain.io |
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