AgriFORCE Announces Evolution of Business Model to Follow Bitcoin Mining Facility Acquisition [Canadian Business Journal (Canada)]
AgriFORCE Growing Systems Ltd. - Common Shares (AGRI)
Company Research
Source: Canadian Business Journal
VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) — AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused technology company, announces the evolution of its business model to follow the closing of its recently announced bitcoin mining facility acquisition.AgriFORCE CEO Jolie Kahn commented, “As we approach a key milestone in the progression of our growth strategy it is important to clarify how our adoption of an innovative combination of technologies will reduce the environmental impact of data centers while simultaneously producing revenue from high yield agricultural operations. Upon closing we intend to utilize our new data center to leverage energy generated from flare natural gas-powered operations to increase the environmental mitigation and revenue potential of our integrated cogeneration site. Located in Alberta, Canada, at the site of the intended acquisition, we will be testing an integrated and automated onsite
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News
- AgriFORCE Expands Acquisition Strategy with Focus on Sustainability and Digital InnovationGlobeNewswire
- AgriFORCE Growing Systems Acquires Alberta Bitcoin Mining Facility, Unlocking Revolutionary Synergies in Technology, Agriculture, and Sustainability [Yahoo! Finance]Yahoo! Finance
- AgriFORCE Growing Systems Acquires Alberta Bitcoin Mining Facility, Unlocking Revolutionary Synergies in Technology, Agriculture, and SustainabilityGlobeNewswire
- AgriFORCE Announces Reverse Stock Split for Nasdaq Compliance [Yahoo! Finance]Yahoo! Finance
- AgriFORCE Announces Reverse Stock Split for Nasdaq ComplianceGlobeNewswire
AGRI
Sec Filings
- 11/29/24 - Form 8-K
- 11/22/24 - Form DEFA14A
- 11/21/24 - Form DEFA14A
- AGRI's page on the SEC website