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Neptune Digital Assets Corp
Symbol NDA
Shares Issued 124,909,811
Close 2021-08-25 C$ 0.60
Recent Sedar Documents

Neptune Digital's 200 ordered miners arrive in U.S.

2021-08-26 09:59 ET - News Release

Mr. Cale Moodie reports

NEPTUNE DIGITAL ASSETS ANNOUNCES ARRIVAL OF NEXT GENERATION BITCOIN MINERS

Neptune Digital Assets Corp.'s recent purchase of 200 new Antminer S19 Pro next-generation bitcoin ASIC mining machines announced July 7, 2021, have arrived in the United States and are securely warehoused awaiting distribution to the company's bitcoin mining facility.

"We are quite pleased with our timing on this most recent purchase as rig prices have moved up a significant amount since we placed this order. This will add another 22,000 TH/s of capacity to our existing 12,000 TH/s, and we look forward to working with Luxor and our U.S. partners to get these new bitcoin mining machines operational as soon as possible. We continue to source the best machines at competitive pricing as we scale our bitcoin mining operations cautiously and strategically with market forces in mind," stated Cale Moodie, Neptune chief executive officer. "As we have mentioned before, the COVID-19 pandemic continues to impact logistics and the supply of miners, and we are working closely with our partners to maximize speed and decrease cost."

At the time of this release and under prevailing cryptocurrency prices, Neptune Digital has total assets of approximately $54-million and monthly revenues of $505,000 per month. The company has no debt and no material liabilities at this time.

About Neptune Digital Assets Corp.

Neptune Digital Assets is one of the first publicly traded blockchain companies in Canada, and is a cryptocurrency leader with diversified assets and cryptocurrency operations across the digital asset ecosystem, including bitcoin mining, tokens, proof-of-stake cryptocurrencies, decentralized finance and associated blockchain technologies.

We seek Safe Harbor.

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