NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, Sept.  09, 2021  (GLOBE NEWSWIRE) -- Global Care Capital Inc. (CSE:HLTH, FRANKFURT: L6V2) (the “Company” or “Global Care”) a global investment company which engages in early-stage investment opportunities in private and public companies, is pleased to announce that its wholly owned subsidiary, ASIC Power Company (“ASIC”) received net income for the period from August 2nd until September 3rd, 2021 of 1.32779163 BTC equaling approximately $85,000 CAD with a current BTC price of $64,928.94 CAD per BTC as of September 6th 2021. Our daily average over the last 3 days amounted to 0.04023611. This is higher than the average in the prior months and due to a lower mining difficulty level in the first half of August and colder climate in the second half, allowing the ASIC miners to run at a higher speed. At the current price and mining level, the Company expects to break even within less than a year. The coins will be liquidated to FIAT. If Global Care successfully changes its status from Investment Issuer to Single Purpose Company, the royalty stream will be held in its treasury as part of a “HODL” strategy and not immediately converted to FIAT. Global Care also plans to utilize derivatives to hedge the Company’s spot position. About ASIC Power Company
ASIC gives mining companies access to its innovative cryptocurrency mining streaming contracts and chip pipeline through its partnerships with leading hardware producers. It intends to identify low cost, renewably powered mining operations to implement new financing strategies in the form of royalties and streaming contracts globally. For more information and to register to ASIC’s mailing list and follow @asicpower on Twitter. About Global Care
Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. The Company engages in new, early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile. Cautionary Note
All information contained in this news release with respect to ASIC was supplied by ASIC for inclusion herein, and Global Care’s directors and officers have relied on ASIC for such information. Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com

Operations Update: Global Care Portfolio Company, ASIC Power Company Receives August Revenue From its First Royalty Streaming Deal

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, Aug.  10, 2021  (GLOBE NEWSWIRE) -- Global Care Capital Inc. (CSE: HLTH, FRANKFURT: L6V2) (the “Company” or “Global Care”) a global investment company which engages in early-stage investment opportunities in private and public companies, is pleased to provide an update for its 100% owned portfolio company, ASIC Power Company (“ASIC”). Further to the press release dated July 21st, 2021, ASIC received its second royalty streaming payment for the period from July 17th until August 2nd, 2021, receiving 0.71004 Bitcoin (“BTC”) equating to approximately CDN $38,780 with a current BTC price of $54,618.04 CAD per BTC as of August 9th, 2021. Average daily revenue for ASIC’s second royalty payment increased by 23% due to a decrease in network complexity and efficient operation of our ASIC machines. At the current price and mining level, the Company expects to break even within less than a year. The BTC will be liquidated to FIAT. ASIC is currently looking at expanding its royalty portfolio with additional royalty streams to be able to generate a stable diversified income stream from multiple cryptocurrency miners to offer investors a more attractive risk profile and yield. About ASIC Power Company
ASIC gives mining companies access to its innovative cryptocurrency mining streaming contracts and chip pipeline through its partnerships with leading hardware producers. It intends to identify low cost, renewably powered mining operations to implement new financing strategies in the form of royalties and streaming contracts globally. For more information and to register to ASIC’s mailing list and follow @asicpower on Twitter. About Global Care
Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. The Company engages in new, early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile. Cautionary Note
All information contained in this news release with respect to ASIC was supplied by ASIC for inclusion herein, and Global Care’s directors and officers have relied on ASIC for such information. Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com

Global Care Portfolio Company, ASIC Power Company Receives Second Payment From Its First Royalty Streaming Deal

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VANCOUVER, British Columbia, July  21, 2021  (GLOBE NEWSWIRE) -- Global Care Capital Inc. (CSE: HLTH, FRANKFURT: L6V2) (the “Company” or “Global Care”) a global investment company which engages in early-stage investment opportunities in private and public companies, is pleased provide an update for its 100% owned portfolio company, ASIC Power Company (“ASIC”). Further to the press release dated April 8th, 2021, ASIC generated its first royalty streaming revenue for the period from May 19th until July 16th, 2021, receiving 2.19679213 Bitcoin (“BTC”) equating to approximately CDN $90,000 with a current BTC price of $39,973.80 CAD per BTC as of July 18th, 2021. At the current price and mining level, the company currently expects to break even within less than a year. The coins will be liquidated to FIAT. Although in recent weeks global cryptocurrencies have been volatile, Elon Musk will participate today in a live discussion with Square and Twitter CEO Jack Dorsey and Ark Invest founder and CEO Cathie Wood during the Bitcoin-centered conference “The ₿ Word”. The conference aims to demystify and destigmatize narratives about Bitcoin and explain how institutions can embrace it. The Company is also pleased to announce that it currently intends to propose a name and ticker change at the next shareholder meeting. After finalization of the audit for CCM Technologies Inc., the company will file a Business Acquisition Report and mail a management information circular to its shareholders. The Company also currently plans to move its status from an investment issuer to a single purpose entity. About ASIC Power Co.
ASIC gives mining companies access to its innovative cryptocurrency mining streaming contracts and chip pipeline through its partnerships with leading hardware producers. It intends to identify low cost, renewably powered mining operations to implement new financing strategies in the form of royalties and streaming contracts globally. For more information and to register to ASIC’s mailing list and follow @asicpower on Twitter. About Global Care
Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. The Company engages in new, early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile. Cautionary Note
All information contained in this news release with respect to ASIC was supplied by ASIC for inclusion herein, and Global Care’s directors and officers have relied on ASIC for such information. Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com

Global Care Portfolio Company, ASIC Power Company Receives Revenue From Its First Royalty Streaming Deal

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, July 21, 2021 (GLOBE NEWSWIRE) — Global Care Capital Inc. (CSE: HLTH, FRANKFURT: L6V2) (the “Company” or “Global Care”) a global investment company which engages in early-stage investment opportunities in private and public companies, is pleased provide an update for its 100% owned portfolio company, ASIC Power Company (“ASIC”). Further to the press release dated April 8th, 2021, ASIC generated its first royalty streaming revenue for the period from May 19th until July 16th, 2021, receiving 2.19679213 Bitcoin (“BTC”) equating to approximately CDN $90,000 with a current BTC price of $39,973.80 CAD per BTC as of July 18th, 2021. At the current price and mining level, the company currently expects to break even within less than a year. The coins will be liquidated to FIAT. Although in recent weeks global cryptocurrencies have been volatile, Elon Musk will participate today in a live discussion with Square and Twitter CEO Jack Dorsey and Ark Invest founder and CEO Cathie Wood during the Bitcoin-centered conference “The ₿ Word”. The conference aims to demystify and destigmatize narratives about Bitcoin and explain how institutions can embrace it. The Company is also pleased to announce that it currently intends to propose a name and ticker change at the next shareholder meeting. After finalization of the audit for CCM Technologies Inc., the company will file a Business Acquisition Report and mail a management information circular to its shareholders. The Company also currently plans to move its status from an investment issuer to a single purpose entity. About ASIC Power Co.
ASIC gives mining companies access to its innovative cryptocurrency mining streaming contracts and chip pipeline through its partnerships with leading hardware producers. It intends to identify low cost, renewably powered mining operations to implement new financing strategies in the form of royalties and streaming contracts globally. For more information and to register to ASIC’s mailing list and follow @asicpower on Twitter. About Global Care
Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. The Company engages in new, early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile. Cautionary Note
All information contained in this news release with respect to ASIC was supplied by ASIC for inclusion herein, and Global Care’s directors and officers have relied on ASIC for such information. Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com

06/08/2021 | 02:00am EDT
Message :
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, June  08, 2021  (GLOBE NEWSWIRE) -- Global Care Capital Inc. (CSE:HLTH, FRANKFURT: L6V2) (the “Company” or “Global Care”) a global investment company which engages in early-stage investment opportunities in private and public companies, is pleased to announce the appointment of senior investment executive, Stephen Otter, to its Board of Directors. As Chair of the Board, Otter will guide and assist the day-to-day executive management team with respect to the company’s recent investment in the cryptocurrency royalty streaming space through the acquisition of ASIC Power Corporation (“ASIC”). “Creating tailored structured investments has been a key focus for me and I am a strong believer in the relevance of the royalty streaming space in providing creative funding solutions to counterparts,” says Otter. “I am therefore delighted to have the opportunity to help guide the ASIC Power executive team in bringing the royalty steaming business model to the ever-growing cryptocurrency space which has large funding needs and yet has relatively scarce sources of capital currently available.”
With an extensive background of working in royalty streaming, Otter brings expertise in structuring transactions, mitigating risks, and providing general oversight and leadership to the Board and management team. Wouter Witvoet, Co-founder of ASIC says: “Stephen is a very experienced investment professional having spent close to a decade in investment banking followed by a lengthy period in the royalty streaming space. We believe he is the ideal fit to Chair the Board and help guide the executive management team through this next phase of growth and expansion into the royalty streaming space. With a wealth of experience in traditional finance and royalty streaming, we feel very lucky to bring him on as Chairman.”
About Stephen Otter
Stephen Otter is a senior investment executive with a focus on the royalty streaming space. He graduated with first class honours in Economics from the London School of Economics before working in Investment Banking in London for close to a decade. Post his stint in Investment Banking, Stephen moved into the royalty streaming space where he deployed capital into multiple royalty streams on behalf of US Private Equity. In this role he analysed hundreds of royalty streaming deals including executing on $100m of stream funding to Premier Oil and up to US$200m of stream funding to Cairn Energy. Stephen advises several companies and high net worth individuals on their growth and investment strategies. About ASIC Power Co.
ASIC gives mining companies access to its innovative cryptocurrency mining streaming contracts and chip pipeline through its partnerships with leading hardware producers. It intends to identify low cost, renewably powered mining operations to implement new financing strategies in the form of royalties and streaming contracts globally. For more information and to register to ASIC’s mailing list follow @asicpower on Twitter. About Global Care
Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. The Company engages in new, early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile.

Royalty Streaming Executive Stephen Otter Joins Global Care Capital as Chairman of the Board of Directors

Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.

Semiconductors, Chips, and Advanced Electronics

Acq - Fin

ASIC Power Corporation is a company focused on vertical integration of blockchain infrastructure, covering energy, hardware and software optimization focused on bitcoin as an underlying asset.

Date	1/21/2021
Round	Acq - Fin
Amount
Investors	Global Care Capital
Valuation
Revenue	0 FY undefined
Sources	8

First funding	1/21/2021
Last Funding	1/21/2021
Investor	Global Care Capital
Rounds	1 Acq - Fin
Board Seats
Type	Asset/Investment Management
Location	Canada

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ASIC Power Corporation

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