Creek Road Miners Strengthens Commitment to Cryptocurrency Mining Strategy | Business
PARK CITY, Utah – (BUSINESS WIRE) – Sep 17, 2021–
Advancing its strategy of simplifying its trading holdings to focus on cryptocurrency mining operations, Creek Road Miners, Inc. (OTCQB: CRKR) (“Creek Road”) today announces the divestiture of its stake in Jevo Holdings, LLC (“Jevo”). Through the sale of Jevo, Creek Road raised additional capital to build and support its now leaner and more focused operations.
âJust three months ago, we presented our new business direction to our shareholders and the idea was met with overwhelming support,â commented Scott D. Kaufman, President and CEO of Creek Road. . Mr Kaufman also said, “With the sale of Jevo, we have completed our pivot to cryptocurrency mining and are continuing on our way to becoming a juggernaut in this space.”
Please visit the CreekRoadMiners.com company website for more information and updates.
About Creek Road Miners, Inc. (OTCQB: CRKR)
Creek Road Miners, Inc. (www.creekroadminers.com) will develop, own and operate ESG-focused mobile bitcoin mining facilities in strategic locations across the United States by creatively tapping otherwise unusable or under-utilized resources. -used.
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This press release contains “forward-looking statements”. Such statements may be preceded by the words âintentionâ, âmayâ, âwillâ, âplansâ, âexpectsâ, âplansâ, âprojectsâ, âpredictsâ, âestimatesâ, âaimsâ. , “Esteem”, “hopes”, “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the control of the Company, and cannot be predicted or quantified and, by therefore, actual results may differ materially from those expressed or implied by these forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements are set out in the documents filed by the Company with the Securities and Exchange Commission (âSECâ), including the Company’s annual report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210917005318/en/
CONTACT: Investor Relations and Media:
Scott A. Sheikh
Creek Road Miners, Inc.
KEYWORD: UNITED STATES NORTH AMERICA UTAH
INDUSTRY KEYWORD: PROFESSIONAL SERVICES NATURAL MINING / MINERAL RESOURCES FINANCE
SOURCE: Creek Road Miners, Inc.
Copyright Business Wire 2021.
PUB: 09/17/2021 9:18 a.m. / DISC: 09/17/2021 9:18 a.m.
Copyright Business Wire 2021.