ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

BIS Blackchain Solutions Inc.

0.03
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Blackchain Solutions Inc. CSE:BIS CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.03 0.02 0.145 0 01:00:00

BlackIce Enterprise Risk Management Inc. (Formerly Bonaparte Resources Inc.) Completes RTO and New CSE Listing

04/06/2014 2:00pm

Marketwired Canada


NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES

BlackIce Enterprise Risk Management Inc. (CSE:BIS) ("BlackIce" or the "Company")
is pleased to announce that it has formally completed the acquisition of the
BlackIce "ERA(TM)" and "GCD(TM)" source code and risk analysis software and will
have its securities listed for trading on the Canadian Securities Exchange
("CSE") commencing June 4, 2014.


The Company has issued 43,000,000 common shares for the acquisition of the
software and 1,000,000 common shares as finders' shares all of which are subject
to an Escrow Agreement and are released in accordance with its terms and are
also subject to a hold period which expires on October 4, 2014. In addition, the
Company issued 650,000 common shares to settle outstanding debts.


The Company has accepted the resignations of Mr. Mike England and Dr. Tom
McCandless as Directors and Mr. Randy Saunders as CEO, President and Secretary.
The Company has appointed Mr. Mac Kalyan as CEO, President, Secretary and
Director; Ms. Judy Kalyan as Chief Information Officer and Director; and Mr.
David Taylor as Director. Mr. Robert Jamieson will continue to be CFO and
Director and Mr. Randy Saunders will continue as a Director.


The Company has also completed a non-brokered private placement for gross
proceeds of $600,000 by way of the issuance of 4,000,000 units at a subscription
price of $0.15 per unit. Each unit consists of one common share and one-half of
one common share purchase warrant entitling the holder to acquire one share at a
price of $0.30 for a period of 24 months from today. 


Mr. Mac Kalyan, BlackIce's incoming CEO stated, "We are elated to commence a new
and exciting era for the Company in the big data marketplace. Our ERA(TM) and
GCD(TM) software products are market ready and we have commenced an aggressive
sales campaign to introduce BlackIce to the international banking industry."


About BlackIce Enterprise Risk Management Inc. 

BlackIce has developed ERA(TM), a practical, open platform that delivers
end-to-end data and analytical standards to support a comprehensive ERM
(Enterprise Risk Management) environment and provides all the relevant
enterprise-wide risk and finance data elements and calculations required to meet
all of the regulatory expectations of Basel (I, II & III); the BCBS Risk Data
Aggregation & Reporting (RDA) requirements, and the FSB (Financial Stability
Board) Legal Entity Identifier program for monitoring concentration risk.
ERA(TM) includes prebuilt, out-of-the-box reports to satisfy all regulatory
requirements and an extensive selection of management reports addressing all
Risk related issues faced by financial institutions. Also, ERA(TM) includes
prebuilt analytics for RWA, Economic Capital, CVA, VaR, Stress Testing and
modeling. 


The Governance & Compliance Database (GCD(TM)) is an application that allows
financial institutions to assess adherence to Minimum Regulatory Requirements or
to requirements specific to the institution (e.g. the Risk Data Framework).
BlackIce developed this tool from several global Basel Implementations and
offers it to assist financial institutions with overall tracking of progress and
capture of compliance to, and governance of Regulatory Regulations and Best
Practices, while at the same time providing comprehensive examples of artifacts
and supporting extensive reporting.


BlackIce Enterprise Risk Management Inc. 

Mac Kalyan, CEO, Director

Forward-Looking Information: 

This press release may include forward-looking information within the meaning of
Canadian securities legislation, concerning the business and trading in the
common stock of BlackIce Enterprise Risk Management Inc. and includes: whether
the Company will have its securities listed on the Canadian Securities Exchange
on June 4, 2014; whether the Company will commence a new era in the big data
marketplace; and whether the ERA(TM) and GCD(TM) software are market ready. The
forward-looking information is based on certain key expectations and assumptions
made by the Company's management. Although the Company 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 can give no assurance that they 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. 


The CSE has not reviewed, approved or disapproved the content of this press
release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
BlackIce Enterprise Risk Management Inc.
Mac Kalyan
CEO, Director
604-336-0107
www.blackiceinc.com

1 Year Blackchain Solutions Inc. Chart

1 Year Blackchain Solutions Inc. Chart

1 Month Blackchain Solutions Inc. Chart

1 Month Blackchain Solutions Inc. Chart

Your Recent History

Delayed Upgrade Clock