Rockshield Capital Corp. (CSE:RKS), (US:CRUOF), (FSE:6BC) (“Rockshield” or the “Company”) is pleased to provide an update on the company’s investment portfolio.
Over the past 6 months the nascent blockchain industry has experienced incredible growth driven by the price appreciation of various crypto currencies and the increased awareness of the potential benefits this new technology could unlock. With the overall growth of the industry there have been a number of investment opportunities that have emerged both in the private and public markets and Rockshield has been diligently reviewing countless opportunities and to date has invested in a number of blockchain companies that we think are best positioned to capitalize on this emerging global industry.
Leveraging our professional network we have gained access to a number of investments at early stage private rounds that are attractively priced and should position Rockshield to capture significant value appreciation as these companies expand operations and go public providing investment liquidity. In addition to continuing to screen for attractive investment opportunities the Company is reviewing opportunities to unlock the value of our private holdings potentially by way of a spin out into separate public market vehicles in order to generate further shareholder returns.
We have recently updated our corporate website (www.rockshield.ca) to provide greater clarity into our investment strategy and current holdings in the cannabis, blockchain, healthcare and resources sectors and we will look to provide a more detailed summary of the recent investments we have made in the blockchain and cannabis industry shortly.
Dave Doherty, President and CEO said “We are extremely pleased with the portfolio of blockchain and cannabis companies we have invested in, as we think we have backed some of the best management teams in the business, with professional and scalable operations, that are well positioned to prosper within the their respective industries. In addition we continue to evaluate various strategies to unlock the value of our holdings in order to maximize shareholder returns”.
ROCKSHIELD CAPITAL CORP.
Rockshield is an actively managed venture capital fund and merchant bank, focused on small cap high growth companies. Rockshield’s management team has been seed financing and investing in early stage venture companies for over the past 20 years and performs extensive due diligence as it looks to build a portfolio of opportunistic investments with the aim of generating superior long-term returns while managing risks. Leveraging the vast professional network and experience of the management team, Rockshield has early access to private and public deals and reviews hundreds of deals a year selecting only those with the best potential returns.
For further information regarding Rockshield, see Rockshield’s disclosure documents on SEDAR at www.sedar.com. The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.
Rockshield Capital Corp.
President and CEO