Toronto, Ontario–(Newsfile Corp. – September 16, 2021) – Canada Computational Unlimited Corp. (TSXV: SATO) (the “Company” or “CCU.ai”) is happy to announce that it has been accredited for buying and selling on the TSX Venture Exchange (the “TSXV“) on the opening of the market day as of September sixteenth, 2021 below the inventory image ‘SATO‘.
For data on Canada Computational Unlimited Corp. please go to www.ccu.ai. For upcoming investor occasions and firm updates please subscribe right here: CCU_Updates
Key Highlights
- Fully operational, high-grade, 100% renewable power crypto mining facility in place
- Successfully mining Bitcoins since 2017 and Ethereum since 2021
- 150 PHs equal of Mining Power with round 7.5MW of power working now
- 12.5MW of power remaining to be inbuilt Joliette middle for reaching a potential equal of 600 PHs of mining energy, with intention for extra facilities to return for future progress
- Utilizing renewable power to assist high-grade crypto-mining, AI knowledge processing, and fintech infrastructure
- Team to extend and advance our large-scale mining fleet software program
- All cash are newly minted and traceable. 3 years of audited accounts with Raymond Chabot Grant Thornton/Catallaxy
- Established by Mathieu and Romain Nouzareth, two French “serial entrepreneurs” with current backing of True Global Ventures, one of many fastest-growing blockchain fairness funds, which simply closed a $100 million increase.
Romain Nouzareth, CEO and Chairman of CCU.ai commented “We are excited to carry this chance to market. Renewable Energy is the driving pressure of the long run and sustainable infrastructure that can assist computing energy is crucial to this inexperienced power transition. CCU.ai presents traders with a possibility to take part in a useful resource environment friendly funding and the crypto market respectively. We are additionally delighted to have obtained the SATO ticker as an homage to Satoshi Nakamoto and the Bitcoin White Paper revealed in 2008.”
For full phrases on the transaction please reference the discharge accessible on www.ccu.ai dated September 07, 2021.
On behalf of the board,
Romain Nouzareth,
CCU.ai CEO and Chairman
About CCU.ai
CCU.ai operates a state-of-the-art, carbon-neutral bitcoin mining middle with a contract of 20 MW of steady, eco-friendly power. The firm’s high-density calculation facilities are constructed for high-grade cryptocurrency mining, AI knowledge processing, and fintech infrastructure.
Founded in 2017, CCU.ai is led by expertise entrepreneurs, electrical energy and air flow specialists, community specialists, and Canadian industrialists. Since its inception, the corporate has pursued a imaginative and prescient of environmental stewardship all through the mining course of. The extra provide of renewable power within the province of Québec has made this endeavor possible and a terrific base for progress.
About True Global Ventures
True Global Ventures 4 Plus (TGV 4 Plus) (https://www.tgv4plus.com/) is a worldwide Venture Capital agency, regulated in Singapore, constructed by a gaggle of very skilled entrepreneurs with a strong monitor document investing their very own cash along with Limited Partners into early-stage and late-stage ventures run by serial entrepreneurs leveraging Technology, Data, AI and Blockchain as a aggressive benefit to drive change with confirmed merchandise. TGV 4 Plus invests in Equity throughout 4 primary verticals: Infrastructure, Financial Services, Data Analytics & AI, and Entertainment, in firms that are utilizing the most recent expertise together with the Blockchain / Distributed Ledger Technology. Made by serial entrepreneurs for Serial Entrepreneurs, the TGV 4 Plus Fund has a presence in 20 cities throughout the globe. Based out of Singapore, Hong Kong, Taipei, Seoul, Dubai, Moscow, London, Stockholm, Paris, Warsaw, New York, San Francisco, Vancouver amongst others. True Global Ventures intently helps the portfolio firms to speed up progress in new markets, broaden internationally, introduce new shoppers, construct administration groups, set up new partnerships and leverage on 3000+ B2B relationships throughout the globe.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Cautionary Statement Regarding Forward-Looking Information
This information launch accommodates sure forward-looking statements, together with statements referring to the Transaction and sure phrases and situations thereof, the flexibility of the events to finish the Transaction, the Consolidation, the Exchange Ratio, the Name Change, the Resulting Issuer’s capability to qualify as a Tier 1 Life Sciences issuer, the TSXV sponsorship necessities, the discovering of a sponsor, shareholder, director and regulatory approvals, future press releases and disclosure, and different statements that aren’t historic info. Wherever potential, phrases such as “might”, “will”, “ought to”, “might”, “anticipate”, “plan”, “intend”, “anticipate”, “consider”, “estimate”, “predict” or “potential” or the adverse or different variations of those phrases, or comparable phrases or phrases, have been used to determine these forward-looking statements. These statements mirror administration’s present beliefs and are primarily based on data presently accessible to administration as on the date hereof.
Forward-looking statements contain vital danger, uncertainties and assumptions. Many elements might trigger precise outcomes, efficiency or achievements to vary materially from the outcomes mentioned or implied within the forward-looking statements. As a end result, the Corporation can not assure that the Transaction will probably be accomplished on the phrases described herein or in any respect. These elements must be thought of fastidiously and readers mustn’t place undue reliance on the forward-looking statements. Although the forward-looking statements contained on this press launch are primarily based upon what administration believes to be cheap assumptions, the Corporation can not guarantee readers that precise outcomes will probably be in step with these forward-looking statements. These forward-looking statements are made as of the date of this press launch, and the Corporation assumes no obligation to replace or revise them to mirror new occasions or circumstances, besides as required by regulation.
For extra data, please contact:
Caroline Klukowski
Tel: 604.260.5490
[email protected]
Canada Computational Unlimited Corp. (“CCU.ai”)
INVESTORS can learn extra about CCU high-grade, carbon-free bitcoin mining and ESG imaginative and prescient at: www.ccu.ai/investors
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/96750
