Latest News
May 15, 2017
Fireswirl Announces Completion Of Final Tranche Of Acquisition Of Amzon (Hk) Limited Common Shares
May 05, 2017
Fireswirl Announces AMZON Business Update
Apr 27, 2017
Fireswirl Announces Audited Fourth Quarter and Fiscal Year 2016 Financial Results
Apr 21, 2017
Fireswirl announces acquisition of additional common shares of AMZON (HK) Limited
Mar 24, 2017
Fireswirl announces acquisition of common shares of AMZON (HK) Limited
Feb 3, 2017
Fireswirl announces execution of share purchase agreement
Dec 30, 2016
Fireswirl Announces Voting Results from Annual Meeting of Shareholders Held on December 30, 2016
Nov 28, 2016
Fireswirl Announces 2016 Q3 Financial Results
Aug 25, 2016
Fireswirl Announces 2016 Q2 Financial Results
May 27, 2016
Fireswirl Announces Stock Options
May 26, 2016
Fireswirl Announces 2016 Q1 Financial Results
Fireswirl Technologies Inc.

FIRESWIRL ANNOUNCES ACQUISITION OF ADDITIONAL COMMON SHARES OF AMZON (HK) LIMITED

April 21, 2017 - Vancouver, British Columbia - Fireswirl Technologies Inc. (TSXV:FSW)

("Fireswirl" or "the Company") is pleased to announce that, further to its previous news release, it has completed the acquisition of an additional 10% of the outstanding common shares ("Shares") of AMZON (HK) Limited ("AMZON") from the vendor in consideration for an aggregate purchase price of HK$1.2 million (approximately C$200,000) (the "Second Installment").

In accordance with the share purchase agreement dated February 3, 2017 (the "Agreement"), the Company agreed to acquire an aggregate of 60% of the outstanding Shares from the vendor. As of the date hereof, and following completion of the Second Installment, the Company has acquired an aggregate of 50% of the outstanding Shares from the vendor. Fireswirl expects to acquire the remaining 10% of the outstanding Shares from the vendor within 30 days. Completion of the additional purchases of Shares by the Company remains subject to customary closing conditions pursuant to the Agreement.

AMZON is a private company incorporated pursuant to the laws of the Hong Kong Special Administrative Region of the People's Republic of China. AMZON is in the business of providing multimedia and interactive marketing solutions, specializing in 3D visualizations, computer graphics and digital design. It has also developed and deployed AR and VR applications for customers in the property and sports segments. In the property segment, AMZON VR and AR applications are mainly deployed for sales and promotional use. In the sports segment, AMZON has developed its owned branded VX System, which integrates seamlessly with VR technology and indoor cycling applications.

About Fireswirl Technologies Inc.

Fireswirl Technologies Inc. (TSXV: FSW) is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. Fireswirl's technology has broad applications for solutions requiring multiple payment interfaces, multicurrency and multi-language capabilities. Fireswirl's solutions can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users through internet or wireless applications.

For further information, please contact:

Ji Yoon, Interim Chief Financial Officer and Chairman
Telephone: 604.540.8805
Fax: 604.677.6613
Email: jyoon@fireswirl.com
Website: www.fireswirl.com

This news release contains certain forward-looking statements that reflect the current views, beliefs, assumptions and expectations of Fireswirl with respect to its performance, business and future events. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: Fireswirl's expectations regarding its ability to complete, and the anticipated results of, the transaction with XCXD and the funds that will be available to it upon completion of the transaction with XCXD. Although the Company considers these beliefs and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Although Fireswirl has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Fireswirl does not undertake any obligations to update any forward-looking statements, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation 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.

http://www.fireswirl.com/enlive/FSW_NR_Apr_21_17.php