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Aquarius AI Inc Provides a Corporate Update on Current Bitcoin Mining Initiatives

Aquarius AI Inc Provides a Corporate Update on Current Bitcoin Mining Initiatives

Aquarius AI Inc.提供当前比特币挖掘计划的最新公司信息
newsfile ·  2022/03/10 09:10

Vancouver, British Columbia--(Newsfile Corp. - March 10, 2022) - Aquarius AI Inc. (CSE: AQUA) ("AQUA" or the "Company"), is pleased to provide a corporate update regarding ongoing initiatives.

温哥华,不列颠哥伦比亚省-(Newsfile Corp.-2022年3月10日)-Aquarius AI Inc.(CSE:AQUA)(以下简称“AQUA”或“公司”)很高兴提供有关正在进行的计划的最新公司信息。

First, the Company is pleased to announce that the purchase of 10 PH/s of Bitcoin mining rigs as announced on November 25, 2021 has been confirmed and on schedule for an April 2022 launch. The Company reiterates its goal of implementing a "HODL strategy" to accumulate Bitcoin rewards as an asset to hold onto long-term, which the Company believes will maximize the value to its shareholders.

首先,本公司高兴地宣布,2021年11月25日宣布的购买10PH/s比特币采矿钻机的计划已得到确认,并按计划于2022年4月推出。公司重申其实施“Hodl战略”的目标,将比特币奖励作为长期持有的资产进行积累,公司相信这将为股东带来最大价值。

Second, the Company is pleased to announce that it is continuing to make good progress with regards to the debt financing as initially announced on November 25, 2021 and is in advanced discussions with multiple debt providers. While not yet guaranteed, the Company remains cautiously optimistic that a debt facility will be available for the purchase of additional Bitcoin mining capacity in due course.

其次,本公司高兴地宣布,在最初于2021年11月25日宣布的债务融资方面继续取得良好进展,并正在与多家债务提供商进行深入谈判。虽然尚未得到担保,但本公司仍谨慎乐观地认为,将在适当时候提供债务融资,用于购买额外的比特币开采能力。

Finally, in connection with its previously disclosed plans to have sustainable power and support facilities to support future growth, the Company is pleased to announce that it has continued to seek appropriate data center facilities with scalable power to sustain this planned growth, has begun due diligence on several sites, and has identified a shortlist of appropriate sites. Further information will be available in due course.

最后,关于之前披露的拥有可持续电力和支持设施以支持未来增长的计划,公司高兴地宣布,它继续寻求具有可扩展能力的适当数据中心设施,以维持这一计划中的增长,并已开始对几个地点进行尽职调查,并确定了合适地点的入围名单。更多信息将在适当的时候公布。

Owen Sagness, Director of Operations at AQUA stated, "Despite being only early March, the Company has made progress on all fronts. Our first batch of mining rigs are on schedule to go live in April so we can be up and hashing very soon". He further added, "While our success cannot be guaranteed, the progress towards obtaining our own data center facility is happening faster than anticipated, as is a debt facility to allow us to fill it with state-of-the-art bitcoin mining rigs."

AQUA运营董事的欧文·萨吉尼斯说,“尽管现在才3月初,但公司在所有方面都取得了进展。我们的第一批采矿钻机按计划将于4月份上线,这样我们就可以很快上线并开始工作。”他进一步补充说,虽然我们不能保证成功,但获得我们自己的数据中心设施的进展比预期的要快,让我们能够用最先进的比特币采矿机填满它的债务设施也是如此。“

The Company will provide further updates on these initiatives in due course.

该公司将在适当时候提供有关这些举措的进一步更新。

Contact: Owen Sagness Director of Operations
Investors@aquariusai.ca
(604) 265-7511

联系人:运营部门的欧文·萨吉尼斯·董事
邮箱:Investors@aquariusai.ca
(604) 265-7511

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CSE未对本新闻稿的充分性或准确性进行审查,也不承担任何责任。

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

有关前瞻性陈述的警示说明

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release may include, but are not limited to, statements with respect to internal expectations; the Company's intention to accumulate Bitcoin and hold onto these assets long term; increases in shareholder value through its HODL strategy; its ability to secure debt financing upon the completion of its discussion with debt provides on terms acceptable to the Company; the intended use of the proceeds of any future debt financing; the Company's ability to obtain sustainable power and support facilities on commercially favorable terms, if at all; the ability of future power and support facility to support the Company's future growth; successful completion of its on-going due diligence of data centers; and the anticipated 'go live' date for the Company's first batch of mining rigs and the date they will begin hashing. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the bitcoin industry generally, income tax and regulatory matters; the ability of Aqua to implement its business strategies; competition; currency and interest rate fluctuations and other risks.

根据适用的证券法,本新闻稿中的某些信息构成前瞻性陈述。本新闻稿中包含的任何非历史事实的陈述都可能被视为前瞻性陈述。前瞻性陈述通常由诸如“可能”、“应该”、“预期”、“预期”、“潜在”、“相信”、“打算”等术语或这些术语及类似表述的否定词来识别。本新闻稿中的前瞻性陈述可能包括但不限于有关内部预期的陈述;公司积累比特币并长期持有这些资产的意图;通过Hodl战略增加股东价值;完成与债务的讨论后获得债务融资的能力;以公司可以接受的条款提供支持的能力;未来任何债务融资收益的预期用途;公司以商业上有利的条款获得可持续电力和支持设施的能力(如果有的话);支持公司的未来电力和支持设施的能力。成功完成正在进行的数据中心尽职调查;以及公司第一批采矿钻机的预期“上线”日期和它们将开始散列的日期。前瞻性陈述必然涉及已知和未知的风险,包括但不限于与一般经济状况有关的风险;不利的行业事件;营销成本;市场损失;涉及的未来立法和监管发展;无法从内部和外部来源获得足够的资本,和/或无法以有利的条件获得足够的资本;比特币行业普遍存在的风险。, 所得税和监管事项;Aqua实施其业务战略的能力;竞争;货币和利率波动以及其他风险。

Readers are cautioned that the foregoing list is not exhaustive and should carefully review the various risks and uncertainties identified in the Company's filings on SEDAR. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

请读者注意,上述清单并不详尽,应仔细审查该公司提交给SEDAR的文件中确定的各种风险和不确定因素。进一步告诫读者不要过度依赖前瞻性陈述,因为不能保证这些前瞻性陈述所依据的计划、意图或期望一定会发生。这些信息虽然在准备时被管理层认为是合理的,但可能被证明是不正确的,实际结果可能与预期的大不相同。

The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

本新闻稿中包含的前瞻性陈述是截至本新闻稿发布之日作出的,除非适用的证券法要求,否则公司没有义务公开更新此类前瞻性陈述,以反映新信息、后续事件或其他情况。本新闻稿中包含的前瞻性陈述明确受本警告性声明的限制。

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