BTL Accelerates Its Blockchain Strategy Acquiring Xapcash Technologies

BTL Accelerates Its Blockchain Strategy Acquiring Xapcash Technologies

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 02/16/16 — BTL GROUP LTD. (TSX VENTURE: BTL) ("BTL" or the "Corporation") is pleased to announce that it has entered into a binding letter of intent dated effective February 16, 2016 ("LOI") with Xapcash Technologies Inc. ("Xapcash") to complete a business combination, whereby BTL has agreed, subject to certain conditions, to acquire all of the issued and outstanding securities of Xapcash (the "Transa