Bryn Resources Inc
BRYN Acquires Next Generation online transfer agency software
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Press Release | 02/04/2019
NIAGARA FALLS, N.Y., Feb 4, 2019, BRYN RESOURCES signed the agreement to acquire the online transfer agency application from TOWNHILL SOFTWARE. First announced on January 15, the companies have agreed to transfer the ownership from TOWNHILL to BRYN for a combination of cash and shares. The head of TOWNHILL, Marco Janeczek will stay on in his capacity of Project Manager and Sales. The software application will initially be a division of BRYN, and has been actively seeking out contracts to white-label it's software to a range of firms involved with private enterprise. The acquisition is part of a strategic plan to be executed by BRYN to create a new subsidiary in cap table management and transfer agency by rolling in strategic assets, talent and companies under one company. The assets include the CAPTABLE.CA brand and a technology portal associated to the brand. The portal allows owners of small businesses and startups to create a shareholder and option registry and have the ability to distribute shares and options in an easy well understood way to the founder. The platform will allow BRYN to provide a product to many SMEs in a SaaS (Software as a Service) model. The initial focus is to target Canada which has 1.1M small businesses in Canada. BRYN is a publicly listed company on the OTC markets under the symbol BRYN and is the business of acquiring talent and technology to form subsidiaries that one day will be spinned out and listed publicly.
BRYN to launch the next generation of online transfer agent business through acquisition
Bryn Resources Inc
Bryn Resources Inc. engages in the mining and exploration of gold properties primarily in Canada. It holds a 100% interest in the Renfew property, which consists of in 62 mineral claims comprising a total of 2,480 acres located in the Hants County District of Nova Scotia. The company also holds a 100% interest in the Wine Harbour property that comprises 53 mineral claims covering a total of 2,100 acres located in the Wine Harbour District of Nova Scotia. Bryn Resources Inc. was formerly known as RnetHealth, Inc. and changed its name to Bryn Resources Inc. in December 2008. The company was incorporated in 1995 and is based in Burlington, Canada.
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