PRESS RELEASE-- Toronto, Canada, 14 th June 2022]
SATO Unveils Rebrand With Launch Of New Name And Website
SATO Technologies Corp. (TSXV: SATO/ OTCQB: CCPU.F) (" SATO" or "the Company") (formerly Canada Computational Unlimited Corp.) presents its brand-new brand name and site to much better reveal its dedication to accountable Bitcoin mining. SATO's brand-new image will be more detailed lined up with its objective to lead with complete openness and to cultivate neighborhood through the advancement of blockchain applications, especially on the Bitcoin Blockchain and the Lightning Network.
The brand-new website is available at: https://www.bysato.com
" This rebrand imitates the business's development with a more distinct and friendly appearance while admiring Satoshi Nakamoto. A strong business is constantly progressing, for that reason SATO's group is constantly establishing its accountable and extremely reliable Bitcoin mining organization while innovating on the Bitcoin Blockchain and the Lightning Network, which provides us a competitive benefit," commented Romain Nouzareth, Co-Founder, Chairman & & CEO.
As authorized at the Company's Annual and Special Meeting on May 31, 2022, the Company has actually submitted posts of modification to effect the modification of its name to SATO Technologies Corp. The Company anticipates the shares to start trading under the brand-new name on the TSX Venture Exchange on or around June 16,2022 The Company's sign will stay "SATO". A brand-new CUSIP number has actually been released, and Shareholders are not needed to take any action with regard to the name modification.
SATO's focus is to broaden its accountable Bitcoin Mining operations internationally. The Company is likewise in the procedure of introducing brand-new tasks constructed on the Bitcoin Blockchain and the Lightning Network. Job X at SATO is a group of users innovating and constructing the future with Bitcoin at its core, individuals will have the ability to independently evaluate brand-new items prior to public launch. Interested celebrations are welcomed to sign up with the SATO task X
SATO runs a modern, carbon-neutral bitcoin mining center with an agreement of 20 MW of steady, renewable resource from Joliette, Québec. The Company's high-density computation centers are developed for top-quality cryptocurrency mining, AI information processing, and fintech facilities.
Founded in 2017, SATO is led by innovation business owners, electrical energy and ventilation specialists, network professionals, and Canadian industrialists. Given that its beginning, the business has actually pursued a vision of ecological stewardship throughout the mining procedure. The excess supply of renewable resource in the province of Québec has actually made this undertaking possible and an excellent base for development. Extra details can be discovered at www.bysato.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 RELEASE.
Cautionary Statement Regarding Forward-Looking Information
This press release includes specific positive declarations, consisting of declarations associating with the future efficiency of the Company, and other declarations that are not historic truths. Wherever possible, words such as "might", "will", "ought to", "might", "anticipate", "strategy", "plan", "expect", "think", "price quote", "anticipate" or "prospective" or the unfavorable or other variations of these words, or comparable words or expressions, have actually been utilized to determine these positive declarations. These declarations show management's present beliefs and are based upon info presently offered to management as at the date hereof.
Forward-looking declarations include considerable danger, unpredictabilities and presumptions. Lots of aspects might trigger real outcomes, efficiency or accomplishments to vary materially from the outcomes talked about or indicated in the positive declarations. These aspects must be thought about thoroughly and readers need to not put unnecessary dependence on the positive declarations. The positive declarations consisted of in this press release are based upon what management thinks to be affordable presumptions, the Company can not guarantee readers that real outcomes will be constant with these positive declarations. These positive declarations are made since the date of this news release, and the Company presumes no responsibility to upgrade or modify them to show brand-new occasions or scenarios, other than as needed by law.
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Read More https://bitcofun.com/bitcoin-miner-ccu-honors-satoshi-nakamoto-changes-name-to-sato-technologies/?feed_id=25847&_unique_id=62b93bd5135f0
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