EDMONTON, Alberta, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Adam O’Brien (“Mr. O’Brien”), a director and chief executive officer of Bitcoin Well Inc. (formerly Red River Capital Corp.) (the “Company”) today announced that on August 27, 2021 he acquired an aggregate of 6,250,000 common shares (“Common Shares”) of the Company pursuant to the conversion (the “Conversion”) of a non-interest bearing convertible note (the “Note”) in the principal sum of $750,000, which was issued to Mr. O’Brien on August 1, 2020. Pursuant to the terms of the Note, the Common Shares issued in connection with the Conversion were issued at a deemed price of $0.12 per Common Share.