PHIL NEWS "New York, NY, March 22, 2018 (GLOBE NEWSWIRE) -- PHI Group, Inc., (www.phiglobal.com) (OTCQB: PHIL), a company focused on mergers and acquisitions and investments in natural resources, energy, agriculture and special situations, announced today that it has engaged a renowned blockchain technology company to assist the Company in the formulation of strategy and applications using blockchain technology to create additional shareholder value.

Besides the imminent circulation of Gildex tokens in connection with the American Pacific Resources, Inc.’s underlying gold assets, the Company intends to launch other blockchain tokens for special projects involving natural resources, energy, fintech and logistics that the Company has been working on during the last several months. Some of the upcoming ICO’s will be conducted in conjunction with the Company’s partners and clients.

Henry Fahman, CEO of PHI Group, stated: “Over the next several weeks we will be able provide detailed information regarding some very significant accomplishments and developments, including but not limited to agriculture, energy, natural resources, financial services, fintech and logistics, that should have positive impact on our shareholder value.”