Banxa Holdings Inc. has announced that the common shares of the Company will be reinstated for trading on the TSX Venture Exchange, effective Monday, July 10, 2023, in connection with the revocation of the Company’s cease trade order (CTO) issued by the British Columbia Securities Commission and the Ontario Securities Commission on November 3, 2022.

The CTO was issued due to the Company’s failure to file its audited financial statements, the related management’s discussion and analysis, and the related certification for the year ended June 30, 2022.

The CTO Financial Statements have now been filed and are available for review by interested parties on the SEDAR filing system.

The Company has also filed interim financial statements, the related management’s discussion and analysis, and the related certifications for the periods ended September 30, 2022, December 31, 2022 and March 31, 2023. These additional filings are also available for review by interested parties on the SEDAR filing system.

Developments & Webinar

Since November 2022, Banxa has achieved noteworthy corporate progress. The Company went live with premium partners MetaMask, ZenGo, BitMart, TheGraph and AtomicHub, and launched direct payment methods in Mexico, Colombia, Argentina, Colombia and Thailand.

Banxa plans to further expand operations in key markets around the globe. In the coming months, Banxa plans to grow its wide selection of local payment options, particularly in South-East Asia, to increase its market share as a global crypto infrastructure provider. Additionally, Banxa plans to continue establishing strategic alliances with world-class partners.

Banxa continues to enhance its corporate controls and processes, including related to financial management and corporate governance. The Company is dedicated to building the infrastructure to extend the benefits of crypto to merchants and consumers around the world.

Banxa will announce details of a Webinar on Monday and encourages investors to register and attend.