Clear Leisure Plc Bitcoin Mining Investment Update
19 January 2018 - 8:53PM
UK Regulatory
TIDMCLP
19 January 2018
Clear Leisure Plc
("Clear Leisure" or "the Company")
Bitcoin Mining Investment Update
Clear Leisure (AIM: CLP) is pleased to announce that, following its
notification on 27 December 2017 regarding the Company's investment in Miner
One Limited, a blockchain data centre operator, it has completed the
acquisition of the first batch of computer "miners", representing 20% of the
planned final computing power, and has acquired the mobile unit in which the IT
infrastructure will be housed.
Negotiations with an established power supply provider in Serbia, are at an
advanced stage and it is expected that the first batch of miners will be
operational by the second half of February 2018.
An order for additional miners has been placed with a leading manufacturer and
will be dispatched as soon as practical, albeit that extremely high demand for
Bitcoin mining ASIC computers is affecting delivery schedules worldwide.
As notified on 27 December 2017, Eufingest, the beneficial holder of 27.81 per
cent of the ordinary share capital of the Company, agreed to lend Clear Leisure
EUR200,000 to fund the Company's 50% share of the Miner One Limited
joint-venture's mining blockchain data centre: the first tranche of EUR50,000 has
now been released by Eufingest.
-ends-
For further information please contact:
Clear Leisure Plc
+39 335 296573
Francesco Gardin, CEO and Executive Chairman
SP Angel Corporate Finance (Nominated Adviser & Joint Broker) +44 (0)20
3407 0470
Jeff Keating / John Mackay / Charlie
Bouverat
Peterhouse Corporate Finance (Joint Broker) +44
(0) 20 7469 0935
Lucy Williams / Heena Karani
Leander (Financial PR)
+44 (0)
7795 168 157
Christian Taylor-Wilkinson
About Clear Leisure Plc
Clear Leisure plc (AIM: CLP) is an AIM listed investment company with a
portfolio of companies primarily encompassing the leisure and real estate
sectors mainly in Italy. The focus of management is to pursue the monetisation
of all of the Company's existing assets, through selected realisations,
court-led recoveries of misappropriated assets and substantial debt-recovery
processes. Under its existing investment policy the Company can seek new
investment opportunities, in different sectors, including information
technology. For further information, please visit, www.clearleisure.co.uk
END
(END) Dow Jones Newswires
January 19, 2018 04:53 ET (09:53 GMT)
Quantum Blockchain Techn... (LSE:QBT)
Historical Stock Chart
From Apr 2024 to May 2024
Quantum Blockchain Techn... (LSE:QBT)
Historical Stock Chart
From May 2023 to May 2024