Quarry Dynamics Announces Creation of New U.S. Subsidiary and Acquisition of 40,500 Sq. Ft. Mining Facility


Toronto, ON -- (ReleaseWire) -- 11/19/2021 --Quarry Dynamics Inc. ("QD", "Quarry" or the "Company"), a Canadian-based cryptocurrency mining operations company, is pleased to announce the incorporation of a 100% owned U.S. subsidiary, QDI (USA) Inc. ("QDI", or the "Subsidiary"). QDI has recently secured a 40,500 sq. ft. bitcoin mining facility in west-central Georgia,USA capable of providing up to 20 MW of power and host approximately 5,000 ASIC miners.

Quarry leadership has been working on several additional opportunities to increase its cryptocurrency production capabilities, including ongoing negotiations for additional Canadian-based facilities.

About Quarry Dynamics Inc
Quarry Dynamics Inc. is a Canadian-based cryptocurrency mining company, focusing on supporting the cryptocurrency mining sector through rapidly expanding industrial scale renewable energy mining facilities and services. Quarry is passionate about the future of Bitcoin and Blockchain technology and strives to be a driver for the design and development of enhancements in its future.

For more information on Quarry Dynamics visit: www.quarrydynamics.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements". Forward-looking statements can be identified by words such as: "intend," "believe," "estimate," "expect," "strategy," "future," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements made regarding expected operating results and management's belief that the Company has or will have sufficient liquidity to fund business operations. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, no reliance should be placed on any of these forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements. Any forward-looking statement made in this press release is based only on information currently available to the Company and speaks only as of the date on which it is made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments, or otherwise.