3iQ Corp. and iMining Technologies join forces to innovate and expand blockchain and digital assets on a global scale
Vancouver, British Columbia–(Newsfile Corp. – November 2, 2022) – iMining Technologies Inc. (TSXV: IMIN) (FSE: P1A) (“iMining” or the “Company”), a publicly traded energy infrastructure investment company, blockchain technology and Web3.0 ecosystem, announces the appointment of Mr. Pascal St-Jean, President of 3iQ Corp. (“3iQ”), to assume an advisory role as an innovation advisor to the President of iMining Technologies on energy, blockchain and metaverse technologies.
Based in Ottawa, Canada, Mr. St-Jean has focused on transforming and disrupting industries through rapidly scaling businesses under his leadership. Having created and developed several business ventures, Mr. St-Jean was recognized as one of the youngest recipients of Ottawa’s Forty Under 40 award.
Mr. St-Jean’s experience in open source technology and distributed systems led him to invest in cryptocurrency in 2016, and served as an educational resource on digital asset investments to several organizations. In addition, Mr. St-Jean has served as a strategic consultant to bitcoin mining companies and founded a private multi-strategy Bitcoin fund. He currently serves as President of 3iQ Corp, Canada’s leading digital asset investment fund.
“My long-term vision is simple yet ambitious – to provide advice and inspiration to iMining Technologies and its management team so that they can reach their full potential. I have done this over the past 20 years, mainly by facilitating understanding and developing the kind of strategic thinking, planning and execution that helps businesses succeed.” said Mr. Pascal St-Jean, “I am impressed with iMining’s ability to articulate a vision that leverages sustainable energy resources across Alberta to power digital asset mining and data center infrastructure,” added Mr. St-Jean.
iMining’s CEO, Mr. Khurram Shroff, notes, “Today’s announcement is another milestone in the development of iMining’s future vision. Our company is laser-focused on developing clean, sustainable energy and stranded energy processing solutions to power digital infrastructure. We welcome Pascal to iMining Technologies and look forward to building value together.Pascal brings a unique perspective as he understands both the blockchain industry and the North American public markets, and we look forward to his advice on expanding our strategic partnership, developing the Web3.0 ecosystem together and look forward to his guidance on future funding. I remain confident that with the appointment of Pascal as an advisor, we will be able to transform our strategic ambitions into commercial viability.”
3iQ is pleased to announce the appointment of Mr. Khurram Shroff, President and CEO of iMining Technologies., to assume a senior advisory role to advise on the expansion of 3iQ Corp globally.
Based in Calgary, Canada, Khurram has over 20 years of business experience and has advised the family office on investments across various sectors and geographies, including finance and banking, real estate, food and beverage, book publishing, gold trading and technology. Khurram is an early adopter of blockchain technology and has been mining bitcoin since 2010.
Currently, Khurram is the President and CEO of iMining Technologies, a Vancouver-based publicly traded sustainable energy, blockchain infrastructure and Web3.0 investment company; iMining is listed on the TSXV under the symbol IMIN. Khurram has been appointed by the Canadian Armed Forces College as the civilian sponsor for the UAE and Saudi Arabian Armed Forces in Canada. In 2018, Khurram was nominated as the 100 most influential and powerful Muslims in the world and was awarded the Finance and Banking Excellence Award.
“I look forward to helping 3iQ Corp successfully realize the great value potential that has been created over the past few years with respect to its Canadian fund management business and assets,” says Khurram Shroff. “With 3iQ’s highly innovative institutional quality investments in Canada, I look forward to advising the President of 3iQ to better understand and navigate the global regulatory and evolving digital assets internationally. 3iQ Corp is well positioned to deliver exceptional fund value and educate a global audience, especially against a backdrop of the current macro environment,” he added.
“We are fortunate to have Khurram as an international advisor,” said Pascal St-Jean, president of 3iQ Corp. “He brings with him a lifelong passion for helping the blockchain ecosystem flourish globally, as well as recognized expertise in sustainable energy, blockchain infrastructure and Web 3.0. We welcome Khurram to 3iQ Corp and look forward to building global value together.” “
About 3iQ Corp.
Founded in 2012, 3iQ Corp. (3iQ) is Canada’s leading digital asset investment fund with more than C$700 million in assets under management. 3iQ was the first Canadian mutual fund manager to offer a public bitcoin mutual fund, The Bitcoin Fund, and a public ether mutual fund, The Ether Fund. More recently, 3iQ launched the 3iQ CoinShares Bitcoin ETF and the 3iQ CoinShares Ether ETF. 3iQ offers investors practical and familiar investment products to gain exposure to digital assets. To learn more about 3iQ’s digital asset offerings, visit www.3iQ.ca.
About iMining Technologies Inc.
iMining is a publicly traded company that invests in energy infrastructure, blockchain technology and the Web3.0 ecosystem. It develops sustainable energy and technology solutions for Digital Asset Mining, Decentralized Finance (“DeFi”) and Non-Fungible Tokens (“NFT”). With various blockchain investments and infrastructure solutions, iMining appears to be leading the way in accelerating the growth of Web3.0 for the enterprise market. iMining is committed to building strong global blockchain ecosystems and supporting inclusive access to digital tools and technologies. To learn more about iMining technologies, visit www.imining.com.
ON BEHALF OF THE BOARD
Signed “Khurram Shroff“
Khurram Shroff, President and CEO
FOR MORE INFORMATION, please contact:
iMining corporate offices:
Saleem Moosa, Director
Email: [email protected]
Phone: +1 (844) IMININC (464-6462)
Neither the TSX Venture Exchange nor its regulatory services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements
This press release contains certain forward-looking statements, which relate to future events or future performance, and reflect management’s current expectations and assumptions, and are based on assumptions made by and information available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that could cause future results to differ materially from those expected, including, but not limited to, market conditions, availability of financing, actual results of activities, future cryptocurrency prices, operational risk and other risks in the cryptocurrency industry. All forward-looking statements in this press release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof, and the Company undertakes no obligation to update or revise them to reflect new events or circumstances except as required by applicable law.
To view the source version of this press release, please visit
