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TRANSEASTERN POWER TRUST 7.5 PCT DEBS V.TEP.DB



TSXV:TEP.DB - Post by User

Post by vinny19on Dec 21, 2017 9:23am
131 Views
Post# 27203663

NEWS

NEWS

Transeastern Power Trust Changing Name to Blockchain Power Trust (TSXV: BPWR)

Thu Dec 21, 2017 09:12:05

TORONTO, ONTARIO--(Marketwired - Dec. 21, 2017) - Transeastern Power Trust ("Transeastern" or the "Trust") (TSX VENTURE:TEP.UN)(TSX VENTURE:TEP.DB) is pleased to announce that the board of Transeastern Power Administrator Inc, as administrator of the Trust, has approved changing the name of the Trust to Blockchain Power Trust. The Trust has also received a reservation from the TSXV for its new trading symbol "BPWR". The Trust anticipates implementing the name change and making the new trading symbol effective on or before the day it closes its previously announced private placement.

Mr. J. Colter Eadie, Chief Executive Officer of Transeastern, commented: "The change of name for the Trust and implementation of a new trading symbol will better reflect the Trust's expansion into cryptocurrency mining powered predominantly by its self-generated, 100% renewable energy." 

 


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