CryptoBlox Closes Acquisition of Crypto Mining Facility
CryptoBlox Closes Acquisition of Crypto Mining Facility
Vancouver, B.C, June 29, 2023 (GLOBE NEWSWIRE) -- CryptoBlox Technologies Inc. (the "Company" or "CryptoBlox") (CSE: BLOX), is pleased to announce, further to its news release dated June 19, 2023 (the "Prior Release"), that it has completed its acquisition (the "Acquisition") of Red Water Acquisition Corp. ("Redwater"), a company specializing in crypto mining technology.
不列顛哥倫比亞省溫哥華，2023 年 6 月 29 日（GLOBE NEWSWIRE）— CryptoBlox Technolox科技公司（”公司“或”CryptoB“)（CSE: BLOX）繼2023年6月19日發佈的新聞稿之後，很高興地宣佈（”之前的版本“)，表示已完成收購（”收購“) 紅水收購公司 (”Redwater“），一家專門從事加密採礦技術的公司。
As discussed in the Prior Release, Redwater's air-cooled data centers and advanced heat recapture products have obtained development rights in Sturgeon County, Alberta, Canada, for its operations. This site will serve as the foundation for Redwater's state-of-the-art crypto mining facility, designed for efficiency and cost-effectiveness.
如先前版本所述，Redwater的風冷數據中心和先進的熱回收產品已獲得加拿大艾伯塔省斯特金縣的運營開發權。該場地將作爲Redwater最先進的加密採礦設施的基礎，該設施旨在提高效率和成本效益。
Both CryptoBlox and Redwater share a common commitment to sustainable and responsible practices in the crypto-mining industry. Through Redwater, CryptoBlox intends to invest in energy-efficient solutions and environmentally friendly mining practices, aligning with its vision of promoting a greener and more sustainable future for the blockchain ecosystem.
CryptoBlox和Redwater都對加密採礦行業的可持續和負責任的實踐有着共同的承諾。通過Redwater，CryptoBlox打算投資節能解決方案和環保採礦實踐，這與其促進區塊鏈生態系統更環保、更可持續未來的願景一致。
The completion of the Acquisition marks a significant milestone for CryptoBlox as it strengthens its position as a leading player in the crypto-mining industry. "Redwater's experience in crypto-mining aligns with our strategic vision of providing comprehensive blockchain solutions," commented CryptoBlox Interim CEO, Taryn Stemp. "Together, we plan to unlock new opportunities and deliver unparalleled value to our clients and partners."
此次收購的完成對CryptoBlox來說是一個重要的里程碑，因爲它鞏固了其作爲加密採礦行業領先者的地位。 “Redwater 在加密領域的經驗-採礦符合我們提供全面區塊鏈解決方案的戰略願景，” CryptoBlox 臨時首席執行官 Taryn Stemp 評論道。 “我們齊心協力 計劃 開啓新機遇，爲我們的客戶和合作夥伴提供無與倫比的價值。”
As compensation for the Acquisition, the Company has issued a total of 118,280,800 common shares of the Company (the "Closing Consideration Shares") at a deemed price of $0.05 per Closing Consideration Share to the vendors of Redwater (the "Vendors"), and will issue another 101,719,200 common shares of the Company (the "Deferred Consideration Shares") at a deemed price of $0.05 per Deferred Consideration Share to the Vendors upon the completion of certain milestones being met by Redwater and the Vendors, for aggregate consideration of 220,000,000 common shares of the Company, having a deemed transaction value of $11,000,000.
作爲對收購的補償，公司共發行了118,280,800股公司普通股（”關閉 對價股“) 以每股收盤對價股0.05美元的認定價格向Redwater的賣方發放（”供應商“），並將再發行公司101,719,200股普通股（”遞延對價股票“）在Redwater和供應商達到某些里程碑後，以每股遞延對價股份0.05美元的認定價格向供應商收取，總對價爲2.2億美元的公司普通股，認定交易價值爲11,000,000美元。
On behalf of the Company,
代表公司，
Taryn Stemp,
Chief Executive Officer
Taryn Stemp，
首席執行官
About CryptoBlox Technologies Inc.
關於 CryptoB 科技 公司
CryptoBlox Technologies Inc. is a blockchain technology company with diversified portfolio of fintech blockchain services, blockchain battery technologies and applications, and crypto mining facilities under development. The Company's acquisition of Redwater marks a significant milestone in its plan to meet the fast-growing demand for cost-effective cryptocurrency infrastructure in North America. By integrating its mining facilities into power generation facilities in Alberta, and using state-of-the-art operations techniques, the Company will be positioned to achieve a high degree of financial optionality and long-term operational certainty that can deliver some of the cleanest and lowest-cost mining operations in the world.
CryptoBlox Technologies Inc. 是一家區塊鏈技術公司，其金融科技區塊鏈服務、區塊鏈電池技術和應用程序以及正在開發的加密採礦設施等多元化產品組合。該公司對Redwater的收購標誌着其計劃中的一個重要里程碑，該計劃旨在滿足北美對具有成本效益的加密貨幣基礎設施的快速增長的需求。通過將其採礦設施整合到艾伯塔省的發電設施中，並使用最先進的運營技術，該公司將有能力實現高度的財務選擇性和長期運營確定性，從而實現世界上一些最乾淨、成本最低的採礦業務。
For further information about the Company, please visit .cryptoblox.ca or call 236-259- 0279.
有關公司的更多信息，請訪問 。cryptobox.ca 或者致電 236-259-0279。
Forward-Looking Statements
前瞻性 聲明
The information in this news release includes certain information and statements about management's view of future events, expectations, plans, and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward- looking statements in this news release include, but are not limited to, statements respecting: the future plans and operations of the Company and Redwater; and the expected benefits to the Company and Redwater from the Acquisition. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements, or otherwise.
本新聞稿中的信息包括有關管理層對未來事件、預期、計劃和前景的看法的某些信息和陳述，這些信息和陳述構成前瞻性陳述。這些陳述基於可能存在風險和不確定性的假設。本新聞稿中的前瞻性陳述包括但不限於以下方面的聲明：公司和Redwater的未來計劃和運營；以及此次收購給公司和Redwater帶來的預期收益。儘管公司認爲前瞻性陳述中反映的預期是合理的，但它無法保證任何前瞻性陳述的預期都會被證明是正確的。除非法律要求，否則公司不打算更新或修改任何前瞻性陳述以反映實際業績，無論是由於新信息、未來事件、假設變化、影響此類前瞻性陳述的因素的變化還是其他原因。
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
這個 案例 （已操作 通過 CNSX 市場 Inc.) 有 也不 已批准 也不 不贊成的 的 這 本新聞稿的內容。
譯文內容由第三人軟體翻譯。