DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF)
(FRANKFURT: 6AX) (“DMG” or the “Company”), the only vertically
integrated blockchain and cryptocurrency technology company, is
pleased to announce that its CEO, Sheldon Bennett will host a
conference call to review second quarter 2021 financial results and
provide a corporate update Thursday, May 27, 2021 at 4:30 pm EDT.
Participants are asked to pre-register for the
call through the following link:
https://dpregister.com/sreg/10156694/e8abf12e64.
Please note that registered participants will
receive their dial in number upon registration and will dial
directly into the call without delay. Those without Internet access
or unable to pre-register may dial in by calling: 1-866-777-2509
(U.S. toll free), 1-412-317-5413
(international) or 1-866-450-4696 (Canadian toll free). All callers
should dial in approximately 10 minutes prior to the scheduled
start time and ask to be added to the DMG Blockchain call.
The conference call will also be available
through a live webcast found here.
A telephonic replay of the call will be
available through August 25, 2021 and may be accessed by
calling 1-877-344-7529 (U.S. toll free), 1-412-317-0088
(international) or 855-669-9658 (Canadian toll free) and using the
access code 10156694.
Although there will be no live Q&A session,
management will address pre-submitted questions during the call.
Those wishing to submit a question may do so via
investors@dmgblockchain.com using the subject line ‘Conference Call
Question Submission” through 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 be participating in a panel discussion at
Consensus 2021 to discuss "Why the Future of Mining is Green'',
moderated by Peter Wall, CEO of Argo, featuring Jesse Morris of
Energy Web/Crypto Climate Accord and Max Song of The Sustainable
Bitcoin Standard. The panel will cover topics such as
sustainability in the Crypto space, crypto mining with clean
energy, and the advantages of “Green” Bitcoin. DMG recently
partnered with Crypto Climate Accord to Support CCA through the
Implementation of Carbon-Neutral Initiatives and CCA Green Hash
Rate Working Group, which was announced recently in the press
release on May 14 .
About DMG Blockchain Solutions
Inc.DMG is an environmentally friendly vertically
integrated blockchain and cryptocurrency company that manages,
operates, and develops end-to-end digital solutions to monetize the
blockchain ecosystem. DMG’s sustainable businesses are segmented
into three main divisions: data centre operations, data analytics
and forensics and developing enterprise blockchains. DMG’s
non-polluting data centre operations focus on earning
eco-friendly revenues from block rewards and transaction fees by
mining primarily bitcoin as well as providing hosting services for
industrial mining clients entirely powered by renewable energy.
DMG’s data analytics and forensic services provide technical
expertise software products such as Blockseer Pool, Mine Manager
and Walletscore, as well as working with auditors, law firms, and
law enforcement organizations. DMG’s permissioned blockchain
technology is focused on developing enterprise software for the
supply chain management of controlled products. DMG’s strategy is
to become the domain experts across the business verticals it
focuses on. DMG’s environmentally committed management team
includes seasoned crypto experts, forensic & financial
professionals and blockchain developers with deep relationships
throughout the industry and a strong ecological consciousness.
Future changes in the Bitcoin network-wide
mining difficulty rate or Bitcoin hashrate may materially affect
the future performance of DMG’s production of Bitcoin, and future
operational results could also be materially affected by the price
of Bitcoin and an increase in hashrate mining difficulty.
For more information on DMG Blockchain Solutions
visit: www.dmgblockchain.com
On behalf of the Board of Directors,Sheldon Bennett, CEO and
Director
For further information, please contact:
DMG Blockchain Solutions Inc.Email:
investors@dmgblockchain.com Web: www.dmgblockchain.com
Investor Relations
Contact:CORE IR 516-222-2560
For Media Inquiries:Jules
Abraham, Head of Public RelationsCORE IR
917-885-7378julesa@coreir.com
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Cautionary Note Regarding Forward-Looking
Information
This news release contains forward-looking
information based on current expectations. Statements about the
Company’s planned update call, plans and goals to increase petahash
(PH) by self-mining in 2021 and beyond, price of bitcoin, plans and
intentions, other potential transactions, acquisition of customers,
product development, events, courses of action, and the potential
of the Company’s technology and operations, among others, are all
forward-looking information. Forward-looking statements consist of
statements that are not purely historical, including any statements
regarding beliefs, plans, expectations or intentions regarding the
future. Such information can generally be identified by the use of
forwarding looking wording such as “may”, “expect”, “estimate”,
“anticipate”, “intend”, “believe” and “continue” or the negative
thereof or similar variations. The reader is cautioned that
assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may
cause actual results to differ materially from those predicted, as
a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company,
including but not limited to, business, economic and capital market
conditions; the ability to manage operating expenses, which may
adversely affect the Company’s financial condition; the ability to
remain competitive as other better financed competitors develop and
release competitive products; regulatory uncertainties; access to
equipment; market conditions and the demand and pricing for
products; the demand and pricing of bitcoins; security threats,
including a loss/theft of DMG’s bitcoins; DMG’s relationships with
its customers, distributors and business partners; the inability to
add more power to DMG’s facilities; DMG’s ability to successfully
define, design and release new products in a timely manner that
meet customers’ needs; the ability to attract, retain and motivate
qualified personnel; competition in the industry; the impact of
technology changes on the products and industry; failure to develop
new and innovative products; the ability to successfully maintain
and enforce our intellectual property rights and defend third-party
claims of infringement of their intellectual property rights; the
impact of intellectual property litigation that could materially
and adversely affect the business; the ability to manage working
capital; and the dependence on key personnel. DMG may not actually
achieve its plans, projections, or expectations. Such statements
and information are based on numerous assumptions regarding present
and future business strategies and the environment in which the
Company will operate in the future, including the demand for its
products, the ability to successfully develop software, that there
will be no regulation or law that will prevent the Company from
operating its business, anticipated costs, the ability to secure
sufficient capital to complete its business plans, the ability to
achieve goals and the price of bitcoin. Given these risks,
uncertainties and assumptions, you should not place undue reliance
on these forward-looking statements.
The securities of DMG are considered highly
speculative due to the nature of DMG’s business.
Factors that could cause actual results to
differ materially from those in forward-looking statements include,
failure to obtain regulatory approval, the continued availability
of capital and financing, equipment failures, lack of supply of
equipment, power and infrastructure, failure to obtain any permits
required to operate the business, the impact of technology changes
on the industry, the impact of Covid-19 or other viruses and
diseases on the Company’s ability to operate, secure equipment, and
hire personnel, competition, security threats including stolen
bitcoins from DMG or its customers, consumer sentiment towards
DMG’s products, services and blockchain technology generally,
decrease in the price of Bitcoin and other cryptocurrencies,
failure to develop new and innovative products, litigation,
increase in operating costs, increase in equipment and labor costs,
failure of other Bitcoin mining companies to join any pool DMG has
an interest in, failure of counterparties to perform their
contractual obligations, government regulations, loss of key
employees and consultants, and general economic, market or business
conditions. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
reader is cautioned not to place undue reliance on any
forward-looking information. The forward-looking statements
contained in this news release are made as of the date of this news
release. Except as required by law, the Company disclaims any
intention and assumes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Additionally, the Company undertakes no
obligation to comment on the expectations of, or statements made by
third parties in respect of the matters discussed above.
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