CALGARY, Alberta, April 10, 2018 (GLOBE NEWSWIRE) -- Vogogo Inc. (“Vogogo” or the “Company”) (CSE:VGO) today announces an update further to its press release on April 3, 2018 regarding the acquisition of Crypto 205 Inc. The Company has successfully installed and commenced operation of the additional 1,500 cryptocurrency miners that were acquired as part of this acquisition, expanding its operations to 4,125 miners.
About Vogogo Inc.
Vogogo provided web-based payment processing and related risk management services focused since 2013 on cryptocurrency transactions. The Company suspended operations in late 2016 and, in April 2018, resumed operations following a significant acquisition that broadens the scope of activities to include mining for cryptocurrencies for its own account, as a service for third party customers and within mining pools, together with corresponding payment services. Vogogo currently operates its cryptocurrency mining activities at state-of-the-art facilities in Pointe-Claire, Québec.
For information or interview please contact:
John Kennedy FitzGerald
Chief Executive Officer and President
403-648-9292
READER ADVISORY
Neither the Canadian Securities Exchange (“CSE”) nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements. All information, other than information regarding historic fact that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future is forward-looking information. The words “will,” “anticipate,” “believe,” “estimate,” “expect,” “intent,” “may,” “project,” “should,” and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by Vogogo. Readers are cautioned that assumptions used in the preparation of such 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 Vogogo. Vogogo does not have any obligation to update or revise any forward-looking statements except as expressly required by applicable securities laws.