AgriFORCE Expands Acquisition Strategy with Focus on Sustainability and Digital Innovation
AgriFORCE Growing Systems Ltd. - Common Shares (AGRI)
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), a technology-driven company committed to sustainable innovation, has signed a Letter of Intent (LOI) to acquire a Bitcoin mining facility in Madison Township, Ohio. The facility is powered by sustainable energy, advancing AgriFORCE’s mission to integrate innovative technologies that promote environmental stewardship while generating significant financial returns. The 5MW facility mirrors a recently announced acquisition in Sturgeon County, Alberta, Canada. It features five 1MW natural gas generator power plants that support Bitcoin mining activities. AgriFORCE plans to optimize the facility’s operations by repurposing heat and carbon offsets, driving revenue diversification through sustainable agribusinesses like premium crop cultivation and aquaculture. Expanding Bitcoin Mining with a Vision for SustainabilityDavid Welch, AgriFORCE Chairman, emphasized the importance of a
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News
- 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
- AgriFORCE Announces Evolution of Business Model to Follow Bitcoin Mining Facility Acquisition [Canadian Business Journal (Canada)]Canadian Business Journal
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