VANCOUVER, British Columbia, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Global Remote Technologies Ltd. (“Global Remote” or the “Company”) (CSE:RGT), (OTCMKTS:RGTZF), (Frankfurt:GR9), wishes to inform its shareholders that it is currently reviewing several Blockchain, Cryptocurrency, and Fintech acquisitions. Once a letter of intent has been signed, the company will update its shareholders. Closing of any transaction will be subject to Exchange approval, which may include, among other things, the requirement for shareholder approval.
About Global Remote Technologies
The objective at Global Remote Technologies is to identify and develop technologies to increase shareholder value. Current objectives are to reduce operational costs in the energy domain with unique proprietary techniques and technologies that support upstream, midstream and downstream processes. Services are developed to create custom solutions that improve performance, improve health and safety standards, and bring significant savings to clients. GRT operates in rugged locations around the globe, with offices in Canada, Mexico, Oman, and the United States. Global Remote Technologies is a public company, traded in Canada and Germany under the symbols CSE: RGT and FRA: GR9.
On behalf of the Board of Directors
Akash Patel
CEO, President and Director
Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website, www.grtcse.com.
Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company’s management believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward- looking information because the Company cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and the Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.