VANCOUVER, British Columbia, Might 16, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Options Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Firm”), a vertically built-in blockchain and information heart expertise firm, at the moment pronounces it would launch monetary outcomes for its second quarter 2024 ending March 31, 2024 on Wednesday, Might 22, 2024 after the market shut. The Firm will host a convention name to evaluate its outcomes and supply a company replace on Thursday, Might 23, 2024 at 4:30 pm ET. Attendees ought to register upfront here.
About DMG Blockchain Options Inc.
DMG is an environmentally pleasant vertically built-in blockchain and information heart firm that manages, operates and develops end-to-end digital options to monetize the blockchain ecosystem. DMG’s sustainable companies are segmented into two enterprise strains below the Core and Core+ methods and unified by way of DMG’s vertical integration.
For extra data on DMG Blockchain Options go to: www.dmgblockchain.com
Comply with @dmgblockchain on Twitter and subscribe to DMG’s YouTube channel.
For additional data, please contact:
On behalf of the Board of Administrators,
Sheldon Bennett, CEO & Director
Tel: 516-222-2560
Electronic mail: investors@dmgblockchain.com
Internet: www.dmgblockchain.com
Investor Relations Contact:
CORE IR 516-222-2560
For Media Inquiries:
Jules Abraham
CORE IR
917-885-7378
julesa@coreir.com
Neither the TSX Enterprise Alternate nor its Regulation Service Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this information launch.
Cautionary Notice Concerning Ahead-Trying Data
This information launch comprises forward-looking data or statements primarily based on present expectations. Ahead-looking statements contained on this information launch embrace statements concerning the discharge of Q2 outcomes and the convention name, delivering merchandise that allow the monetization of bitcoin transactions, creating and executing on the Firm’s services, growing self-mining, the launch of services, occasions, programs of motion, and the potential of the Firm’s expertise and operations, amongst others, are all forward-looking data.
Future adjustments within the Bitcoin network-wide mining problem fee or Bitcoin hash fee could materially have an effect on the longer term efficiency of DMG’s manufacturing of bitcoin, and future working outcomes is also materially affected by the value of bitcoin and a rise in hash fee mining problem.
Ahead-looking statements include statements that aren’t purely historic, together with any statements concerning beliefs, plans, expectations, or intentions concerning the longer term. Such data can usually be recognized by way of forwarding-looking wording corresponding to “could”, “anticipate”, “estimate”, “anticipate”, “intend”, “consider” and “proceed” or the unfavourable thereof or comparable variations. The reader is cautioned that assumptions used within the preparation of any forward-looking data could show to be incorrect. Occasions or circumstances could trigger precise outcomes to vary materially from these predicted, because of quite a few recognized and unknown dangers, uncertainties, and different components, lots of that are past the management of the Firm, together with however not restricted to, market and different situations, volatility within the buying and selling worth of the frequent shares of the Firm, enterprise, financial and capital market situations; the flexibility to handle working bills, which can adversely have an effect on the Firm’s monetary situation; the flexibility to stay aggressive as different higher financed opponents develop and launch aggressive merchandise; regulatory uncertainties; entry to tools; market situations and the demand and pricing for merchandise; the demand and pricing of bitcoins; safety threats, together with a loss/theft of DMG’s bitcoins; DMG’s relationships with its clients, distributors and enterprise companions; the lack so as to add extra energy to DMG’s services; DMG’s potential to efficiently outline, design and launch new merchandise in a well timed method that meet clients’ wants; the flexibility to draw, retain and encourage certified personnel; competitors within the business; the affect of expertise adjustments on the merchandise and business; failure to develop new and modern merchandise; the flexibility to efficiently preserve and implement our mental property rights and defend third-party claims of infringement of their mental property rights; the affect of mental property litigation that would materially and adversely have an effect on the enterprise; the flexibility to handle working capital; and the dependence on key personnel. DMG could not truly obtain its plans, projections, or expectations. Such statements and knowledge are primarily based on quite a few assumptions concerning current and future enterprise methods and the atmosphere through which the Firm will function sooner or later, together with the demand for its merchandise, the flexibility to efficiently develop software program, that there will probably be no regulation or legislation that can forestall the Firm from working its enterprise, anticipated prices, the flexibility to safe ample capital to finish its enterprise plans, the flexibility to realize objectives and the value of bitcoin. Given these dangers, uncertainties, and assumptions, you shouldn’t place undue reliance on these forward-looking statements. The securities of DMG are thought of extremely speculative because of the nature of DMG’s enterprise. For additional data regarding these and different dangers and uncertainties, seek advice from the Firm’s filings on www.sedarplus.ca. As well as, DMG’s previous monetary efficiency is probably not a dependable indicator of future efficiency.
Elements that would trigger precise outcomes to vary materially from these in forward-looking statements embrace, failure to acquire regulatory approval, the continued availability of capital and financing, tools failures, lack of provide of apparatus, energy and infrastructure, failure to acquire any permits required to function the enterprise, the affect of expertise adjustments on the business, the affect of viruses and illnesses on the Firm’s potential to function, safe tools, and rent personnel, competitors, safety threats together with stolen bitcoins from DMG or its clients, client sentiment in the direction of DMG’s merchandise, companies and blockchain expertise usually, failure to develop new and modern merchandise, litigation, adversarial climate or local weather occasions, improve in working prices, improve in tools and labor prices, tools failures, lower within the worth of Bitcoin, failure of counterparties to carry out their contractual obligations, authorities laws, lack of key staff and consultants, and common financial, market or enterprise situations. Ahead-looking statements contained on this information launch are expressly certified by this cautionary assertion. The reader is cautioned to not place undue reliance on any forward-looking data. The forward-looking statements contained on this information launch are made as of the date of this information launch. Besides as required by legislation, the Firm disclaims any intention and assumes no obligation to replace or revise any forward-looking statements, whether or not because of new data, future occasions, or in any other case. Moreover, the Firm undertakes no obligation to touch upon the expectations of or statements made by third events in respect of the issues mentioned above.
