Except for the statements of historical fact, this website contains “forward-looking information” within the meaning of the applicable securities legislation that is based on expectations, estimates and projections as at the date of this website. “Forward-looking information” in this website includes information about the transaction to take the entire Genesis portfolio public; 200MW cryptocurrency mining facility pipeline in Sweden, New York and Texas; technical advantages and lower capex costs over other cryptocurrency miners; assembly time estimates; power usage efficiency; potential 100% uptime; completion (including price and size) of a subscription receipt financing; the potential for long term growth; and the business goals and objectives.
Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the transaction to take the assets of Genesis Group Limited (“Genesis Mining Group”) public and concurrent private placement financing may not occur on the terms considered herein, or at all; the Company may not have any competitive advantage to is operations; the Company may not operate profitably in the near term, or at all; assembly time and uptime estimates may not be achieved; the Company’s ability to successfully complete the pipeline transactions; the Company may not be able to profitably liquidate its digital currency inventory, or at all; a decline in digital currency prices or other market factors may have a significant negative impact on the Company’s operations; and the volatility of digital currency prices.
The forward-looking information in this website reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this website, the Company has made assumptions about the Company’s ability to complete a go-public transaction and financing (including receipt of required exchange approvals); the Company’s ability to operate profitably and competitively in the cryptocurrency mining space; profitable use of the Company’s assets going forward; the Company’s ability to profitably liquidate its digital currency inventory as required; the Company’s ongoing partnerships with third parties; historical prices of digital currencies and the ability of the Company to mine digital currencies consistent with historical prices; ongoing challenges related to the COVD-19 pandemic; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
Any forward-looking information in the website speaks only as of the date on which it is made and, except as may be required by applicable laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.
In this website, “GMT” or “Company” refers to Butte Energy Inc. (TSXV: BEN.H), which is being renamed Genesis Mining Technologies Corp.