September 29, 2017 12:00 PM
Vancouver, BC – 360 Capital Financial Services Group Inc. (“360” or the “Company“) (CSE:TSZ, FWB: C5B) announced that Brian Keane, of New York, New York has joined the board of the Company. Nikita Chou and Ulrich Schade have resigned from the board and the Company wishes to thank them for their service.
The Company is undertaking a non-brokered private placement of up to $750,000 by the way of units at $0.06. Each unit consists of one common share of 360, plus one common share purchase warrant exercisable at $0.10 for a period of 2 years from closing. Proceeds will be used for general working capital and to fund future investments.
“We are excited to further strengthen both our capital position and our expertise as we target investments in the blockchain crypto technology space, as previously announced,” said Mr. George Tsafalas, Interim President of 360. “The addition of Brian Keane to our Board will be of substantial benefit as we actively pursue blockchain technology investments. Brian has over 17 years of capital markets, investing and C-level consulting experience. He has invested in, advised upon or restructured over 75 emerging growth companies in the US, Canada, Caribbean and Asia, representing over $2 billion in transaction value,” added Mr. Tsafalas.
Brian Keane has advised several buy-side investment funds and worked at investment banks including: Rodman & Renshaw, LLC, Ladenburg Thalmann & Co, and TechVest. He earned a Bachelor of Science degree from the University of Scranton and a Juris Doctor from New York Law School.