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Neptune Announces an Additional 53,000 Terahash of Bitcoin Mining Machines Are Now Operational

Neptune Announces an Additional 53,000 Terahash of Bitcoin Mining Machines Are Now Operational

Vancouver, British Columbia–September 21, 2022 – Neptune Digital Assets Corp. (TSXV: NDA) (OTC Pink: NPPTF) (FSE: 1NW) (“Neptune” or the “Company“), a blockchain technology and cryptocurrency leader in Canada, is pleased to announce that it has brought an additional 53 petahash per second (PH/s) of mining capacity online and these machines are now producing bitcoin.

New Bitcoin ASIC Mining Machines

These Antminer S19 Pro Bitcoin mining machines have been tested, installed, and are now producing Bitcoin. The Antminer S19 Pro is the latest generation Bitcoin ASIC miner produced by leading hardware manufacturer Bitmain. The Antminer S19 Pro’s mining SHA-256 algorithm boasts a hashrate ranging from 96 to 104 terahash per second (TH/s) with an energy efficiency of 29.5 joules per terahash (J/TH) and a power consumption of 3250W. The Bitcoin mining machine deployment collectively produces a total of 52,496 terahash per second. The new Bitcoin mining machines are deployed using the Luxor mining pool and are hosted in a state-of-the-art facility in the USA owned and operated by Aspen Creek Digital Corporation (ACDC). Launched in 2022, ACDC’s mission is to catalyze the decarbonization of power generation by building the world’s leading fleet of renewably powered high-performance computing facilities.

“We are happy we can finally bring on the additional 53 petahash of mining capacity purchased in late 2021. The mining business has been challenging over the last 12 months, however it does still remain profitable and we will continue to carefully grow these operations while focused on cost savings and profit margins. We look forward to a fruitful partnership with Aspen where we can grow our renewable focused mining operations. We are fortunate to have the financial means to take advantage of the current bear market and acquire assets at a discount using cash raised at the peak of the bull cycle,” stated Cale Moodie, Neptune’s CEO.

Stock Option Issuance

The Company announces the grant of stock options to purchase up 2,000,000 common shares in the capital of the Company to certain directors and officers of the Company in accordance with the terms of the Company’s stock option plan. The stock options will be exercisable at $0.23 per common share and for a period of 10 years from the date of issuance.

About Neptune Digital Assets Corp.
Neptune Digital Assets (TSXV: NDA) is one of the first publicly-traded blockchain companies in Canada and is a cryptocurrency and blockchain infrastructure leader with operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated blockchain technologies.

ON BEHALF OF THE BOARD

Cale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX ‎Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.‎

Forward-Looking Statements

This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, “proposes” or similar terminology. Forward-looking statements and information include, but are not limited to, Company’s operations and sustainable future profitability; potential further improvements to the profitability and efficiency across operations by optimizing cryptocurrency mining output, continuing to lower direct mining operations cost structure, and maximizing existing electrical and infrastructure capacity including with new mining equipment; continued adoption of cryptocurrency; the efficacy of the Antminer S19 Pro Bitcoin mining machines; the estimated hashrate ranging from 96 to 104 terahash per second (TH/s) with an energy efficiency of 29.5 joules ‎per terahash (J/TH), a power consumption of 3250W and the deployment ‎collectively producing a total of 52,496 terahash per second; any statements related to the grant of stock options to certain Neptune directors and officers. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the inherent risks involved in the cryptocurrency and general securities markets; the Company’s ability to successfully mine digital currency; revenue of the Company may not increase as currently anticipated, or at all; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties. The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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Disclaimer
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.

Ballard receives order from Siemens Mobility to power 7 trains and signs LOI for up to an additional 200 modules over the next six years

VANCOUVER, BC and MUNICH, Sept. 22, 2022 – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order for 14 x 200 kW fuel cell modules from Siemens Mobility GmbH (“Siemens Mobility”; www.mobility.siemens.com), a leading supplier in the development of alternative drives, to power a fleet of seven Mireo Plus H passenger trains. Delivery of the 14 fuel cell modules is expected to start in 2023 with the fleet planned to be in service in Berlin-Brandenburg region in late 2024.

In addition to the initial order of 14 fuel cell modules, Siemens Mobility also signed a letter of intent with Ballard for the supply of 200 fuel cell modules totaling 40 MW over the next six years, including a firm commitment on 100 of the fuel cell modules totaling 20MW. The modules will be used for Siemen’s Mireo Plus H trains.

“This is a significant milestone for our multi-year collaboration efforts with Siemens Mobility and the future of zero-emission commuter rail in Europe. Our fuel cell technology is an ideal solution to support the heavy payload, long range and rapid refueling requirements of Siemen Mobility’s passenger train fleet. We look forward to our continued collaboration and are excited for the opportunity to support the Berlin and Brandenburg region’s first hydrogen powered rail network,” said David Mucciacciaro, Ballard Chief Commercial Officer. “We will continue our work to secure platform wins with key partners in our core verticals and to support their scaling plans to achieve decarbonization.”

“We can only meet climate change targets by increasing rail transportation. Our first order for a fleet of hydrogen-powered trains will enable emission-free rail transport on non-electrified routes in Germany,” said Jochen Steinbauer, Platform Director H₂ Technologies at Siemens Mobility. “Our Mireo Plus H is a next-generation hydrogen train, featuring longer range, faster acceleration and state-of-the-art technologies, setting new standards in zero-emission passenger transport.”

About Ballard Power Systems

Ballard Power Systems’ (NASDAQ: BLDP;TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit www.ballard.com.

This release contains forward-looking statements concerning anticipated product performance and other characteristics, product deliveries and deployments. These forward-looking statements reflect Ballard’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard’s assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.

These statements involve risks and uncertainties that may cause Ballard’s actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard’s future performance, please refer to Ballard’s most recent Annual Information Form. Readers should not place undue reliance on Ballard’s forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward-looking statements, other than as required under applicable legislation.

SOURCE Ballard Power Systems Inc.

For further information: Ballard Power Systems: Kate Charlton – VP Corporate Finance & Investor Relations +1.604.453.3939 or

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ARCANE ENTER INTO AN AGREEMENT FOR THE SALE OF 100% OF THE SHARES IN TRIJO

ARCANE ENTER INTO AN AGREEMENT FOR THE SALE OF 100% OF THE SHARES IN TRIJO

Stockholm, 31 August 2022

Arcane Crypto AS, a fully owned subsidiary of Arcane Crypto AB, has entered into an agreement to sell its Swedish crypto exchange, Ijort Invest AB (“Trijo”), to GreenMerc AB (publ).

The transaction is expected to close during the third quarter of 2022 and will not have a material impact on Arcane’s result.

Torbjørn Bull Jenssen, CEO of Arcane Crytpo, said, “With our strategic focus on a pan-European offering, targeting High Net Worth Individuals, Wealth Managers, and the Private Wealth segment, Trijo as a local retail play has become less relevant to Arcane. Selling to Green Merc, secures the continued operation of Trijo, to the benefit of Trijo’s loyal customers, and further focus for Arcane to double down on our core strategy.

Arvid Börje Ramberg, CEO of GreenMerc, says, “We are happy to acquire and continue to operate Trijo. GreenMerc’s self-developed liquidity engine and marketplace provides the basis for developing GreenMerc’s services to deliver maximum customer value. There are strong synergies between Trijo and GreenMerc with no overlapping functions – a perfect match.”

For further information, please contact:
Torbjørn Bull Jenssen, CEO, Arcane Crypto AB
e-mail:
web: investor.arcanecrypto.se

About Arcane Crypto
Arcane Crypto develops the infrastructure and products that enable worldwide adoption of bitcoin and digital assets. Arcane is building a platform for users to learn, trade and invest in digital assets, all from one account. Our market leading research content educates our users and builds trust. Arcane achieves scale by providing a platform with open APIs, allowing third parties to develop their own products using our technology and then distribute their product to our users.

Subscribe to press releases and financial information: https://investor.arcanecrypto.se/

The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser, tel. +46 8 5030 1550, e-mail: , web: www.mangold.se

The information disclosed in this Interim Report is mandatory for Arcane Crypto AB to publish pursuant to the EUs Market Abuse Regulation (MAR). This information was submitted for publication at 19:50 (CEST) on 31 August 2022, through the agency of the CEO.

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