VANCOUVER, British Columbia, Dec. 31, 2020 (GLOBE NEWSWIRE) — DMG Blockchain Options Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (“DMG” or the “Firm”), a diversified blockchain and know-how firm, is happy to announce that it filed its Audited Annual Monetary Statements and Administration Dialogue and Evaluation on December 30, 2020.
A full copy of those paperwork is on the market on www.sedar.com.
Sheldon Bennett, the Firm’s Chief Operations Officer, emphasised, “I’m very happy with all our staff’s efforts in collaborating over these difficult COVID circumstances to not solely obtain improved monetary ends in nearly all the Firm’s operations, but in addition to finish our annual audit course of a full month earlier than required submitting.”
DMG additionally broadcasts that it has issued 3,655,000 inventory choices to administrators, officers, staff and consultants at an train worth of $0.65 for a three-year time period.
About DMG Blockchain Options Inc.
DMG is a diversified cryptocurrency and blockchain platform firm that’s centered on the 2 major alternatives within the sector – mining public blockchains and making use of permissioned blockchain know-how. DMG focuses on mining bitcoin, offering internet hosting providers for industrial mining shoppers, incomes revenues from block rewards and transaction charges, creating knowledge analytics and forensic software program merchandise, working with auditors, legislation companies, and legislation enforcement to offer technical experience. DMG’s permissioned blockchain know-how is concentrated on creating enterprise software program for the availability chain administration of managed merchandise. DMG’s technique is to develop into the area consultants throughout the enterprise verticals it focuses on. DMG’s administration staff contains seasoned crypto consultants, forensic & monetary professionals and blockchain builders with deep relationships all through the trade, with earlier expertise working at Bitfury, PwC, EY, Cisco and UBS.
For extra info on the Firm go to: www.dmgblockchain.com
On behalf of the Board,
Daniel Reitzik, CEO & Director
For additional info contact:
Investor Relations: Dan Reitzik
E mail: buyers@dmgblockchain.com
Net: www.dmgblockchain.com
Cautionary Word Relating to Ahead-Trying Data
This information launch comprises forward-looking info primarily based on present expectations. Statements in regards to the Firm’s plans and intentions, different potential transactions, acquisition of consumers, product improvement, occasions, programs of motion, and the potential of the Firm’s know-how and operations, amongst others, are all forward-looking info. Ahead-looking statements include statements that aren’t purely historic, together with any statements relating to beliefs, plans, expectations or intentions relating to the longer term. Such info can typically be recognized by means of forwarding wanting wording comparable to “might”, “anticipate”, “estimate”, “anticipate”, “intend”, “consider” and “proceed” or the destructive thereof or related variations. The reader is cautioned that assumptions used within the preparation of any forward-looking info might show to be incorrect. Occasions or circumstances might trigger precise outcomes to vary materially from these predicted, on account of quite a few recognized and unknown dangers, uncertainties, and different components, lots of that are past the management of the Firm, together with however not restricted to, enterprise, financial and capital market circumstances; the power to handle working bills, which can adversely have an effect on the Firm’s monetary situation; the power to stay aggressive as different higher financed opponents develop and launch aggressive merchandise; regulatory uncertainties; entry to gear; market circumstances and the demand and pricing for merchandise; the demand and pricing of bitcoins; safety threats, together with a loss/theft of DMG’s bitcoins; DMG’s relationships with its clients, distributors and enterprise companions; the shortcoming so as to add extra energy to DMG’s services; DMG’s skill to efficiently outline, design and launch new merchandise in a well timed method that meet clients’ wants; the power to draw, retain and inspire certified personnel; competitors within the trade; the influence of know-how adjustments on the merchandise and trade; failure to develop new and modern merchandise; the power to efficiently keep and implement our mental property rights and defend third-party claims of infringement of their mental property rights; the influence of mental property litigation that might materially and adversely have an effect on the enterprise; the power to handle working capital; and the dependence on key personnel. DMG might not truly obtain its plans, projections, or expectations. Such statements and data are primarily based on quite a few assumptions relating to current and future enterprise methods and the setting wherein the Firm will function sooner or later, together with the demand for its merchandise, the power to efficiently develop software program, that there will likely be no regulation or legislation that can forestall the Firm from working its enterprise, anticipated prices, the power to safe enough capital to finish its enterprise plans, the power to attain targets and the worth of bitcoin. Given these dangers, uncertainties and assumptions, you shouldn’t place undue reliance on these forward-looking statements.
The securities of DMG are thought of extremely speculative because of the nature of DMG’s enterprise.
Components that might trigger precise outcomes to vary materially from these in forward-looking statements embody, failure to acquire regulatory approval, the continued availability of capital and financing, gear failures, lack of provide of apparatus, energy and infrastructure, failure to acquire any permits required to function the enterprise, the influence of know-how adjustments on the trade, the influence of Covid-19 or different viruses and illnesses on the Firm’s skill to function, safe gear, and rent personnel, competitors, safety threats together with stolen bitcoins from DMG or its clients, client sentiment in direction of DMG’s merchandise, providers and blockchain know-how typically, failure to develop new and modern merchandise, litigation, lower within the worth of bitcoin, improve in working prices, improve in gear and labor prices, failure of counterparties to carry out their contractual obligations, authorities laws, lack of key staff and consultants, and basic financial, market or enterprise circumstances. Ahead-looking statements contained on this information launch are expressly certified by this cautionary assertion. The reader is cautioned to not place undue reliance on any forward-looking info. The forward-looking statements contained on this information launch are made as of the date of this information launch. Besides as required by legislation, the Firm disclaims any intention and assumes no obligation to replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case. Moreover, the Firm undertakes no obligation to touch upon the expectations of, or statements made by third events in respect of the issues mentioned above.
Neither the TSX Enterprise Change nor its Regulation Service Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this information launch.
