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Spirit Blockchain Capital (CSE:SPIR, OTCQB:SBLCF) appointed Judy Galvez, CPA, CMA, as Chief Financial Officer, effective immediately, while Raymond O'Neill transitions from Interim CFO and continues as Chairman of the Board. Galvez brings over 25 years of experience in finance, governance, regulatory compliance and IFRS reporting across public companies and international organizations.
The company reported it is advancing a strategic review of its technology initiatives and progressing toward commercialization of next-generation technology solutions. Current priorities include refining technology architecture, targeting high-value commercial opportunities and forming strategic partnerships aimed at scalable, recurring revenue. Further updates on its technology roadmap and milestones are expected as development continues.
Spirit Blockchain Capital (OTCQB:SBLCF, CSE:SPIR) has appointed Suha Askary as Chief Executive Officer, effective immediately. Raymond O'Neill has transitioned from Interim CEO and will remain Chairman of the Board and Interim Chief Financial Officer.
According to Spirit Blockchain Capital, Ms. Askary brings over 30 years of executive experience in global investment management, capital markets, financial engineering and emerging technologies, including blockchain, digital assets and AI. She previously led Al Bashayer Investment Company and Yield Investments and holds degrees in computer engineering, an MBA, and postgraduate blockchain credentials. Under her leadership, the company intends to strengthen its blockchain infrastructure position through strategic partnerships, disciplined capital allocation and expanded technology initiatives across digital assets, DeFi and artificial intelligence.
Spirit Blockchain Capital (CSE:SPIR, OTC:SBLCF) approved a shares-for-services issuance to consultants and strategic advisors.
The company will issue 7,220,000 common shares at a deemed price of $0.0595, valuing the issuance at $429,527, reducing current liabilities, preserving cash, and supporting its balance sheet and growth strategy.