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VANCOUVER, BC / ACCESSWIRE / June 27, 2021 / LINK GLOBAL TECHNOLOGIES INC. (CSE:LNK)(FRA:LGT)(OTC PINK:LGLOF) ( LINK or the Company ), an innovative power and infrastructure solutions provider for Bitcoin mining, and data hosting operations, is pleased to announce that the Company has entered into a strategic co-mining agreement (the
Agreement ) with Atlas Mining Investments Ltd. (
Atlas ).
Highlights:
Signed agreement for 40MW turnkey solution for hosting 12,000 of Atlas Mining s latest generation Bitcoin miners.
The first 40MW is set to be commissioned in late Q3 through Q4, 2021, with an option to expand an additional 40MW, or 12,000 miners in Q1/Q2, 2022.
Latest generation miners planned for installation; this adds 1.3 EH/s for 2021 with an optional 1.3 EH/s for a total of 2.6 EH/s for early 2022.
Link Global Technologies Signs Binding Term Sheet to Co-Development Site With Mission World Group for 270 PH
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Link Global Technologies CEO Stephen Jenkins Responds to Recent Concerns About Dirty Bitcoin Mining
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION. This news release contains forward-looking statements within the meaning of applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Often, but not always, forward-looking statements can be identified by the use of words such as plans , expects , is expected , forecast , budget , scheduled , estimates , forecasts , intends , anticipates , or believes , or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results may , would , could , should or might occur. Forward-looking statements made in this news release relate to: the intended use of the net proceeds
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VANCOUVER, BC / ACCESSWIRE / May 12, 2021 / LINK GLOBAL TECHNOLOGIES INC. (CSE:LNK)(FRA:LGT)(OTC PINK:LGLOF) ( LINK or the Company ), an innovative power and infrastructure solutions provider for Bitcoin mining, and data hosting operations, is pleased to announce the closing of a private placement of units (the Private Placement or Offering ), previously announced on April 19, 2021.
The Company issued 2,185,000 units (each, a Unit ) at a price of $0.80 per Unit for gross proceeds of $1,748,000. Each Unit consists of one common share (each, a Share ) and one common share purchase warrant (each, a Warrant ), with each Warrant entitling the holder to acquire one additional share at a