VANCOUVER, British Columbia, December 13, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, announces that it will report financial results for its fourth quarter and fiscal 2024 ending September 30. 2024 on Wednesday December 18, 2024 after market close.
Fourth Quarter and Full Year 2024 Earnings Conference Call Details
The Company will host a conference call to review its results and provide a corporate update on Thursday, December 19, 2024 at 4:30 p.m. ET. Participants must register for the call via the registration link.
In addition to a live Q&A session via chat, management will also answer pre-submitted questions. Those wishing to ask a question can do so by email at investors@dmgblockchain.comusing the subject line “Conference Call Question Submission,” until 2 p.m. ET on December 19, 2024.
About DMG Blockchain Solutions inc.
DMG is a publicly traded, sustainability-focused, vertically integrated blockchain and data center technology company that develops, manages and operates end-to-end digital solutions to monetize digital assets and IT ecosystems of generative artificial intelligence. DMG’s activities are segmented into two business segments according to the Core (data center infrastructure) and Core+ (software and services) strategies and are unified through DMG’s vertical integration.
For more information on DMG Blockchain solutions, visit: www.dmgblockchain.com
Follow @dmgblockchain on X and subscribe to the DMG YouTube channel.
For more information, please contact:
On behalf of the board of directors,
Sheldon Bennett, CEO and Director
Tel: +1 (778) 300-5406
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
For investor relations:
investors@dmgblockchain.com
For media inquiries:
Chantelle Borelli
Communications manager
chantelle@dmgblockchain.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Caution Regarding Forward-Looking Information
This press release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this press release include the filing of year-end results and the conduct of a conference call, the Company’s growth strategy, the anticipated monetization of certain product and service offerings, the development and execution of the Company’s products, services and business plans. , product and service launches, events, action plans and the potential of the Company’s technology and operations, among others, are all forward-looking information.
Future changes in Bitcoin network-wide mining difficulty or Bitcoin hashrate could materially affect the future performance of DMG’s bitcoin production, and future operating results could also be materially affected by price of bitcoin and an increase in hashrate and mining difficulties.
Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. This information generally can be identified by the use of forward-looking language such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or their negative form or similar variants. . The reader is cautioned that assumptions used in preparing any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those anticipated, due to numerous known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control, including but not limited to limit, market and other factors. conditions, volatility of the price of the Company’s common stock, business, economic and financial market conditions; the ability to manage operating expenses, which could adversely affect the Company’s financial condition; the ability to remain competitive as other, better-funded competitors develop and launch competitive products; regulatory uncertainties; access to equipment; market conditions, demand and prices for products; the demand and price of bitcoin; security threats, including loss/theft of DMG’s bitcoin; DMG’s relationships with its customers, distributors and commercial partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and launch new products in a timely manner that meet customer needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technological changes on products and the industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third party claims regarding infringement of their intellectual property rights; the impact of intellectual property litigation that could have a material adverse effect on the business; the ability to manage working capital; and dependence on key personnel. DMG may not actually achieve its plans, projections or expectations. These statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, the lack of regulation or law. which will prevent the Company from operating its business, anticipated costs, the ability to obtain sufficient capital to carry out its business plans, the ability to achieve its objectives and the price of Bitcoin. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. DMG securities are considered highly speculative due to the nature of DMG’s business. For additional information regarding these and other risks and uncertainties, see the Company’s filings at www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.
Factors that could cause actual results to differ materially from those in forward-looking statements include inability to obtain regulatory approval, continued availability of capital and financing, equipment failures, lack of supply in equipment, electricity and infrastructure, the inability to obtain permits. required to operate the business, the impact of technological changes on the industry, the impact of viruses and diseases on the business’s ability to operate, secure equipment and hire personnel, competition, security threats, including theft of bitcoins from DMG or its customers, consumer sentiment. to DMG’s products, services and blockchain technology in general, inability to develop new and innovative products, litigation, adverse weather or climate events, increased operating costs, increased costs of equipment and labor, equipment failures, decline in the price of Bitcoin, inability of counterparties to fulfill their contractual obligations, government regulations, loss of key employees and consultants and general conditions of the economy, the market or business. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on forward-looking information. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, the Company undertakes no obligation to comment on any expectations or statements made by third parties regarding the matters discussed above.
