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Spirit Blockchain Capital Appoints Judy Galvez as Chief Financial Officer and Provides Corporate Update

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(Very Positive)
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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.

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Positive

  • Experienced CFO appointed with 25+ years in public company finance and compliance
  • Leadership continuity as former Interim CFO remains Chairman of the Board
  • Strategic focus on commercializing next-generation technology and recurring revenue opportunities
  • Ongoing review of technology initiatives to align product development with market demand

Negative

  • None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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VANCOUVER, BC / ACCESS Newswire / July 29, 2026 / Spirit Blockchain Capital Inc. (CSE:SPIR)(OTCQB:SBLCF) ("Spirit" or the "Company") is pleased to announce the appointment of Judy Galvez, CPA, CMA, as Chief Financial Officer, effective immediately.

Concurrent with Ms. Galvez's appointment, Raymond O'Neill has transitioned from his role as Interim Chief Financial Officer and will continue to serve as Chairman of the Board.

Ms. Galvez is a seasoned finance executive with more than 25 years of experience leading finance, governance and regulatory compliance functions across publicly listed companies, international organizations and public accounting. Throughout her career, she has built finance departments, implemented audit-ready internal control frameworks, overseen IFRS financial reporting and supported boards of directors through complex strategic transactions and corporate growth initiatives.

Most recently, Ms. Galvez served as Chief Financial Officer of Selva Resources Ltd. and previously served as Chief Financial Officer of Spirit Rock Resources Ltd., where she was responsible for financial reporting, securities disclosure, audit committee support, governance and strategic financing initiatives. Earlier in her career, she held senior finance positions with First American Corp., Mosaic Potash Company and Deloitte LLP, developing extensive expertise in public company reporting, SOX-style internal controls, international operations and cross-border financial management.

Suha Askary, Chief Executive Officer of Spirit, commented:

"We are delighted to welcome Judy to Spirit's executive leadership team. Judy brings an exceptional combination of public company finance, governance, regulatory compliance and international operating experience. As we continue executing our long-term strategy, her leadership will further strengthen our financial foundation, enhance our governance practices and support the commercialization of our technology initiatives. We look forward to working together as we continue building long-term value for our shareholders."

Judy Galvez, Chief Financial Officer of Spirit, commented:

"I am excited to join Spirit at such an important stage in its evolution. The Company has an exciting opportunity to build a scalable technology-focused business supported by strong financial discipline and governance. I look forward to working with Suha, the Board of Directors and the management team to execute the Company's strategic objectives while maintaining the highest standards of financial reporting and corporate governance."

Corporate Update

The Company continues to advance its strategic review of previously announced technology initiatives and is making meaningful progress toward the commercialization of next-generation technology solutions.

Management's current focus is on refining the Company's technology architecture, prioritizing high-value commercial opportunities, and establishing strategic partnerships that support scalable, recurring revenue generation. The Company believes this disciplined approach will strengthen its competitive positioning while aligning future product development with market demand.

Spirit expects to provide additional updates regarding its technology roadmap, commercialization initiatives, and strategic milestones as development progresses.

About Spirit Blockchain Capital

Spirit Blockchain Capital Inc. is a Canadian-based publicly listed company focused on providing shareholders with exposure to the blockchain and digital asset economy. The Company is engaged in the business of developing, acquiring, operating and managing technology solutions, artificial intelligence (AI), blockchain infrastructure and assets, and invests in emerging blockchain ventures and opportunities.

For further information, please contact:

Suha Askary
Chief Executive Officer
Spirit Blockchain Capital Inc.
Email: info@spiritblockchain.com
Phone: +1 604 757-0331

Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors that could materially affect such forward-looking information are described under the heading "Risk Factors" in the Company's long-form prospectus dated August 8, 2022, that is available on the Company's profile on SEDAR+ at www.sedarplus.ca. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

The Canadian Securities Exchange has not reviewed, approved, or disapproved the content of this news release.

SOURCE: Spirit Blockchain Capital Inc.



View the original press release on ACCESS Newswire

FAQ

What did Spirit Blockchain Capital (OTCQB: SBLCF) announce on July 29, 2026?

Spirit Blockchain Capital announced the appointment of Judy Galvez as Chief Financial Officer and provided a corporate technology update. According to Spirit, it is advancing a strategic review of technology initiatives and progressing toward commercialization of next-generation solutions with a focus on recurring revenue.

Who is the new CFO of Spirit Blockchain Capital (SBLCF) and what is her background?

The new CFO of Spirit Blockchain Capital is Judy Galvez, CPA, CMA. According to Spirit, she has over 25 years’ experience in finance, governance, regulatory compliance and IFRS reporting, including prior CFO roles and senior positions at First American, Mosaic Potash and Deloitte.

How did Spirit Blockchain Capital’s leadership structure change with the July 2026 CFO appointment?

With the July 2026 appointment, Judy Galvez became Chief Financial Officer and Raymond O’Neill ended his Interim CFO role. According to Spirit, O’Neill will continue serving as Chairman of the Board, providing leadership continuity alongside the refreshed finance function.

What technology and commercialization priorities did Spirit Blockchain Capital (SBLCF) highlight in its July 2026 update?

Spirit highlighted refining its technology architecture, prioritizing high-value commercial opportunities and building strategic partnerships. According to Spirit, these efforts aim to support scalable, recurring revenue and align future product development with market demand as it advances next-generation technology commercialization.

What business areas does Spirit Blockchain Capital focus on in the blockchain and digital asset sector?

Spirit focuses on developing, acquiring, operating and managing technology solutions, AI, blockchain infrastructure and related assets. According to Spirit, it also invests in emerging blockchain ventures and opportunities, providing shareholders exposure to the broader blockchain and digital asset economy.