VANCOUVER, British Columbia, May 21, 2021 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), the one vertically built-in blockchain and cryptocurrency know-how firm, is happy to announce that its CEO, Sheldon Bennett will host a convention name to evaluate second quarter 2021 monetary outcomes and supply a company replace Thursday, May 27, 2021 at 4:30 pm EDT.
Participants are requested to pre-register for the decision via the next hyperlink: https://dpregister.com/sreg/10156694/e8abf12e64.
Please be aware that registered contributors will obtain their dial in quantity upon registration and can dial instantly into the decision directly. Those with out Internet entry or unable to pre-register might dial in by calling: 1-866-777-2509 (U.S. toll free), 1-412-317-5413 (worldwide) or 1-866-450-4696 (Canadian toll free). All callers ought to dial in roughly 10 minutes prior to the scheduled begin time and ask to be added to the DMG Blockchain name.
The convention name may even be obtainable via a reside webcast discovered right here.
A telephonic replay of the decision will probably be obtainable via August 25, 2021 and could also be accessed by calling 1-877-344-7529 (U.S. toll free), 1-412-317-0088 (worldwide) or 855-669-9658 (Canadian toll free) and utilizing the entry code 10156694.
Although there will probably be no reside Q&A session, administration will deal with pre-submitted questions throughout the name. Those wishing to submit a query might achieve this by way of [email protected] utilizing the topic line ‘Conference Call Question Submission” via May 25, 2021 at 5:00 PM ET.
Consensus 2021 – “Why the Future of Mining is Green” Panel Discussion
On Monday, May 24th at 3:00 PM EDT, our CEO Sheldon Bennett will probably be collaborating in a panel dialogue at Consensus 2021 to focus on “Why the Future of Mining is Green”, moderated by Peter Wall, CEO of Argo, that includes Jesse Morris of Energy Web/Crypto Climate Accord and Max Song of The Sustainable Bitcoin Standard. The panel will cowl matters reminiscent of sustainability within the Crypto house, crypto mining with clear power, and the benefits of “Green” Bitcoin. DMG lately partnered with Crypto Climate Accord to Support CCA via the Implementation of Carbon-Neutral Initiatives and CCA Green Hash Rate Working Group, which was introduced lately in the press launch on May 14 .
About DMG Blockchain Solutions Inc.
DMG is an environmentally pleasant vertically built-in blockchain and cryptocurrency firm that manages, operates, and develops end-to-end digital options to monetize the blockchain ecosystem. DMG’s sustainable companies are segmented into three most important divisions: knowledge centre operations, knowledge analytics and forensics and growing enterprise blockchains. DMG’s non-polluting knowledge centre operations deal with incomes eco-friendly revenues from block rewards and transaction charges by mining primarily bitcoin in addition to offering internet hosting companies for industrial mining shoppers solely powered by renewable power. DMG’s knowledge analytics and forensic companies present technical experience software program merchandise reminiscent of Blockseer Pool, Mine Manager and Walletscore, in addition to working with auditors, legislation companies, and legislation enforcement organizations. DMG’s permissioned blockchain know-how is targeted on growing enterprise software program for the availability chain administration of managed merchandise. DMG’s technique is to develop into the area consultants throughout the enterprise verticals it focuses on. DMG’s environmentally dedicated administration crew contains seasoned crypto consultants, forensic & monetary professionals and blockchain builders with deep relationships all through the business and a robust ecological consciousness.
Future modifications within the Bitcoin network-wide mining problem charge or Bitcoin hashrate might materially have an effect on the longer term efficiency of DMG’s manufacturing of Bitcoin, and future operational outcomes may be materially affected by the worth of Bitcoin and a rise in hashrate mining problem.
For extra info on DMG Blockchain Solutions go to: www.dmgblockchain.com
On behalf of the Board of Directors,
Sheldon Bennett, CEO and Director
For additional info, please contact:
DMG Blockchain Solutions Inc.
Email: [email protected]
Investor Relations Contact:
CORE IR 516-222-2560
For Media Inquiries:
Jules Abraham, Head of Public Relations
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that time period is outlined within the insurance policies of the TSX Venture Exchange) accepts accountability for the adequacy or accuracy of this information launch.
Cautionary Note Regarding Forward-Looking Information
This information launch comprises forward-looking info primarily based on present expectations. Statements in regards to the Company’s deliberate replace name, plans and objectives to enhance petahash (PH) by self-mining in 2021 and past, worth of bitcoin, plans and intentions, different potential transactions, acquisition of shoppers, product growth, occasions, programs of motion, and the potential of the Company’s know-how and operations, amongst others, are all forward-looking info. Forward-looking statements include statements that aren’t purely historic, together with any statements concerning beliefs, plans, expectations or intentions concerning the longer term. Such info can typically be recognized by way of forwarding trying wording reminiscent of “might”, “count on”, “estimate”, “anticipate”, “intend”, “imagine” and “proceed” or the damaging thereof or comparable variations. The reader is cautioned that assumptions used within the preparation of any forward-looking info might show to be incorrect. Events or circumstances might trigger precise outcomes to differ materially from these predicted, on account of quite a few identified and unknown dangers, uncertainties, and different elements, a lot of that are past the management of the Company, together with however not restricted to, enterprise, financial and capital market situations; the power to handle working bills, which can adversely have an effect on the Company’s monetary situation; the power 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 prospects, distributors and enterprise companions; the lack to add extra energy to DMG’s amenities; DMG’s capability to efficiently outline, design and launch new merchandise in a well timed method that meet prospects’ wants; the power to appeal to, retain and inspire certified personnel; competitors within the business; the affect of know-how modifications on the merchandise and business; failure to develop new and modern merchandise; the power to efficiently keep 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 power to handle working capital; and the dependence on key personnel. DMG might 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 Company will function sooner or later, together with the demand for its merchandise, the power to efficiently develop software program, that there will probably be no regulation or legislation that may forestall the Company from working its enterprise, anticipated prices, the power to safe enough capital to full its enterprise plans, the power to obtain objectives and the worth 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-about extremely speculative due to the character of DMG’s enterprise.
Factors that would trigger precise outcomes to differ 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 kit, energy and infrastructure, failure to acquire any permits required to function the enterprise, the affect of know-how modifications on the business, the affect of Covid-19 or different viruses and ailments on the Company’s capability to function, safe tools, and rent personnel, competitors, safety threats together with stolen bitcoins from DMG or its prospects, client sentiment in the direction of DMG’s merchandise, companies and blockchain know-how typically, lower within the worth of Bitcoin and different cryptocurrencies, failure to develop new and modern merchandise, litigation, enhance in working prices, enhance in tools and labor prices, failure of different Bitcoin mining corporations to be a part of any pool DMG has an curiosity in, failure of counterparties to carry out their contractual obligations, authorities laws, lack of key staff and consultants, and basic financial, market or enterprise situations. Forward-looking statements contained on this information launch are expressly certified by this cautionary assertion. The reader is cautioned not to place undue reliance on any forward-looking info. The forward-looking statements contained on this information launch are made as of the date of this information launch. Except as required by legislation, the Company disclaims any intention and assumes no obligation to replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case. Additionally, the Company undertakes no obligation to touch upon the expectations of, or statements made by third events in respect of the issues mentioned above.