New York, NY, July 12, 2021 (GLOBE NEWSWIRE) – Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada company, today announced that it has filed a registration statement on the Form S-1, in order to register for resale the GTII ordinary shares underlying the warrants distributed to GTII shareholders in April 2021. Each ordinary share held by a shareholder on April 1, 2021 gave that shareholder the right to 1 / 10 of a warrant to purchase one common share of GTII at a price per share of $ 2.75. From the entry into force of S-1, the shareholder concerned may resell the shares underlying the warrants, after correct exercise of the warrants, without restriction or minimum holding period.
GTII also announced today that its active cryptocurrency trading platform, www.BeyondBlockchain.us, is launching its mobile app for cryptocurrency trading, where its clients should be able to trade where and when they want. wish. www.BeyondBlockchain.us is an online cryptocurrency trading platform that provides access to digital currency and could change the way GTII shareholders and other clients deal with digital assets. Beyond Block chain currently allows multi-currency clearing and direct settlements in Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), Bitcoin SV (BSV), Aave (AAVE), Compound (COMP ), Uniswap (UNI), Chainlink (LINK) and Yearn Finance (YFI).
David Reichman, CEO of GTII, commented: “The legal, accounting and technical teams at GTII have been working overtime in recent weeks, putting together the registration statement and continuing to upgrade our digital trading platform. Our goal is to provide our shareholders with the ability to exercise their warrants without restriction on the resale of the underlying common shares and to participate more fully in the crytpo currency market through Beyond Blockchaim if they wish.
Aabout Global Tech Industries Group, Inc .: GTII, a publicly traded company incorporated in the State of Nevada, specializing in the continued acquisition of new and innovative technologies.
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