DMG Blockchain Solutions Announces Preliminary June Operational Results

By GlobeNewswire

DMG Blockchain Solutions Announces Preliminary June Operational Results

Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as 鈥渕ay鈥, 鈥渆xpect鈥, 鈥渆stimate鈥, 鈥渁nticipate鈥, 鈥渋ntend鈥, 鈥渂elieve鈥 and 鈥渃ontinue鈥 or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company鈥檚 financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoin; the demand and pricing of AI data centers and usage; security threats, including a loss/theft of DMG鈥檚 bitcoin; DMG鈥檚 relationships with its customers, distributors and business partners; the inability to add more power to DMG鈥檚 facilities; DMG鈥檚 ability to successfully define, design and release new products in a timely manner that meet customers鈥 needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such 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, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG鈥檚 business. For further information concerning these and other risks and uncertainties, refer to the Company鈥檚 filings on www.sedarplus.ca. In addition, DMG鈥檚 past financial performance may not be a reliable indicator of future performance.

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