HYPE News Releaese - Termination of agreement with Aktiencheck
NOT FOR DISTRIBUTION IN THE UNITED STATE
VANCOUVER, BRITISH COLUMBIA – May 12, 2025 — HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTC:HYPAF) (FWB: N7S0) (the “Company” or “Hyper Bit") announces that the Company has terminated its previously announced agreement with Aktiencheck.de AG.
On April 15th, 2025 the Company announced it had engaged Aktiencheck.de AG (“Aktiencheck") and its principal, Stefan Lindam, pursuant to which Aktiencheck would assist with an initial European marketing awareness program. The engagement included up to five editorial write-ups, stand-alone e-mail marketing campaign distribution of the editorial write-ups to opt-in e-mail addresses of active investors, targeted distribution of the editorial reports to active investors, distribution of the editorial write-ups through social media to active financial investors and distribution of the editorial write-ups through the aktiencheck.de website and search engine marketing. Aktiencheck.de AG was to set up on-line advertising portals and digital marketing and was retained commencing April 28th, 2025, for a period of up to 2 months. In consideration of the marketing services to be provided by Aktiencheck, the Company had agreed to pay a total of €12,500. No shares or options were issued to Aktiencheck.de AG or its principal as part of this engagement and they do not own any shares in Hyper Bit Technologies Ltd. The principal of Aktiencheck.de AG is Mr. Lindam of Bahnhofstrase 6 56470 Bad Marienberg Deutschland.
The Company further announces that Gina Pala has resigned from its board of directors. The Company thanks Ms. Pala for her tenure with the Company and wishes her well in her future endeavours.
About Hyper Bit Technologies Ltd.
Hyper Bit Technologies Ltd. is a forward-thinking, diversified technology company specializing in the acquisition, development, and strategic deployment of crypto mining operations and blockchain-based innovations. As global interest in digital assets accelerates—driven by the rise of blockchain, decentralized finance (DeFi), and increasing institutional and retail adoption—Hyper Bit is committed to unlocking value across the crypto ecosystem while delivering growth for our stakeholders.
Hyper Bit Technologies Ltd. is a member of the Blockchain Association of Canada, a Not-For-Profit Incorporated Association registered in Vancouver, Canada. The goal of the Association is to grow and enhance the Canadian Blockchain community and to further enhance the ecosystem. Learn more about the Association at The Blockchain Association of Canada: a club of crypto enthusiasts.
Stay informed on our latest developments by subscribing to Company updates at Hyperbit.ca and follow us across our social media channels: X.com, TikTok, Instagram, and LinkedIn. Hyper Bit Technologies Ltd. is publicly listed in Canada (CSE: HYPE), the U.S.A (OTC:HYPAF) and in Europe (FWB: N7S0).
ON BEHALF OF THE BOARD
(Signed) “Robert Eadie"
Robert Eadie, President, Chief Executive Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-602-4935
Facsimile: 1-604-602-4936
e-mail: team@hyperbit.ca
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS:
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates”, “believes”, “intends”, “estimates”, “projects", "potential" and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements in this news release includes statements related to the proposed Transaction and related matters. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
No investment is without risk. Crypto currencies are particularly volatile and therefore particularly risky. Companies that are developing technologies and investing in crypto mining can potentially be adversely affected by its inherent volatility. Readers are cautioned to always consult an investment advisor to determine if an opportunity is right for you.