Cryptoblox Technologies Inc C.BLOX

Alternate Symbol(s): CRYBF

Technology Software - Application

CryptoBlox Technologies Inc. is a Canada-based blockchain technology infrastructure company. It is focused on building out its diversified blockchain ecosystem strategy that consists of digital asset mining and infrastructure, mining products and technology, and structured digital asset products and blockchain payments. Its infrastructure is based on the value chain that stems from off-grid/alternate energy powered digital asset mining, along with a diversified portfolio of sustainable mining and blockchain fintech products and services enabled by both the sustainable mining products and technology and structured blockchain products and services divisions. It is focused on providing alternate energy solutions to power digital asset mining operations throughout North America (Redwater, Alberta). Redwater is a modular air-cooled data center facility powered by flared gas and equipped with heat recapture capabilities. It also owns approximately five IceRiver KS3 Kaspa mining units.

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Cryptoblox Technologies Inc

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Post by Betteryear2on Jul 20, 2023 7:20am

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Post# 35549312

Redwater Secures $0.015 kWh Gas Supply Agreement

Vancouver, B.C, July 20, 2023 (GLOBE NEWSWIRE) -- CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that its wholly-owned subsidiary, Redwater Acquisition Corp. (“Redwater”), has secured an advantageous gas supply agreement (the “GSA”) with the Redwater site owner. The GSA is expected to result in a significant reduction in energy costs, lowering energy expenses by approximately 90.91%, as compared with average market rates reported by EPCOR's Regulated Rate Option (the “RRO").

Redwater Secures $0.015 kWh Gas Supply Agreement, Reducing (globenewswire.com)

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