Canada Computational Unlimited (SATO) Announces Listing on the OTCQB
Toronto, Ontario--(Newsfile Corp. - April 6, 2022) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Company") is pleased to announce that its common shares are now listed for quotation and sale on the OTCQB Market (the "OTCQB") in the United States under the symbol "CCPUF".The Company's common shares will continue to trade in Canada on the TSX Venture Exchange under the symbol "SATO". The OTCQB Venture Market is for entrepreneurial and development stage U.S. and International...
2022-04-06 9:45 AM EDT
CCU Record Financial Results for the Year-End 2021 Including Revenue Growth of 229% from 2020 and Appoints Chief Operating Officer
Toronto, Ontario--(Newsfile Corp. - March 11, 2022) - Canada Computational Unlimited Corp. (TSXV: SATO) ("CCU" or "the Company") is pleased to announce its year-end financial results for December 31, 2021 ("2021"). All amounts in this news release are in Canadian dollars.JOIN LIVE PRESENTATION AND Q&A on Tuesday 15th 2022, 1PM/ EST 2021 Highlights - Best Year to Date● Total revenue of $6,118,420 in 2021 represent a growth of 229% compared to 2020● Revenue from digital...
2022-03-11 10:11 AM EST
Canada Computational Unlimited (SATO) Increases Hashrate and Investment in Infrastructure
Toronto, Ontario--(Newsfile Corp. - January 26, 2022) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Company", "CCU.ai" or "SATO") is pleased to announce that it has increased its hashrate by 269% from 63.65 PH/s to 235 PH/s in the month of December from the previous year. Furthermore, the Company has increased CAPEX expenditures which represent an investment of over $4M in current and future infrastructure. Key Highlights231%, year over year, increase of estimated CAPEX...
2022-01-26 8:30 AM EST
Canada Computational Unlimited Corp. Closes Private Placement With Total Proceeds Of $3,286,484
Toronto, Ontario--(Newsfile Corp. - January 21, 2022) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Corporation") announces the closing of a non-brokered private placement (the "Offering") of common shares (the "Shares"). The Corporation issued 3,912,481 Shares at a price of $0.84 per Share for gross proceeds of approximately $3,286,484. The Corporation intends to use the net proceeds from the Offering for general working capital purposes. The Shares issued in connection with the...
2022-01-21 8:29 AM EST
Canada Computational Unlimited (SATO) Signs LOI to Acquire New Miners for Its Center One Facility
Toronto, Ontario--(Newsfile Corp. - December 28, 2021) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Company","CCU.ai" or "SATO") is pleased to announce the signing of a non-binding letter of intent with Foundry Digital LLC for a transaction that would make it possible for the Company to purchase 700 miners. This addition of an equivalent of 65 PH/s at Center One shows our progress and commitment to reach 600 PHs.Key HighlightsAddition of mining equipment for 65 PH/s Center One...
2021-12-28 8:30 AM EST
Canada Computational Unlimited Announces Best Quarter In History With Q3 2021 Financial Results Including Revenue Growth Of 247% From Q3 2020
Toronto, Ontario--(Newsfile Corp. - November 19, 2021) - Canada Computational Unlimited Corp. (TSXV: SATO) ("CCU" or "the Company") is pleased to announce its financial results for the three and nine months ending September 30, 2021 ("Q3 2021"). All amounts in this news release are unaudited and, unless otherwise indicated, are in Canadian dollars. Q3 2021 Highlights:Revenue from digital assets mined grew 247% and 150% for the three and nine months ended September 30, 2021 compared to the...
2021-11-19 9:00 AM EST
Canada Computational Unlimited (SATO) Announces New Apps to REWARD Bitcoin on the Lightning Network
Toronto, Ontario--(Newsfile Corp. - November 2, 2021) - Canada Computational Unlimited Inc. (TSXV: SATO) (the "Company", "CCU.ai" or "SATO") is pleased to announce the launch of two new Apps to expand the understanding and usage of Bitcoin around the world. Bitcoin eStory is an interactive guide through Bitcoin's history, helping newcomers to the space understand exactly what Bitcoin is, why it was created, how it works, and why the world needs it.
2021-11-02 9:30 AM EDT
Canada Computational Unlimited (SATO) Issues 3,085,001 Common Shares Upon Exercise Of Warrants
Toronto, Ontario--(Newsfile Corp. - October 27, 2021) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Company", "CCU.ai") is pleased to announce that True Global Ventures 4 Plus Fund PTE LTD exercised warrants to acquire 3,085,001 common shares at a price of $0.75 per common share for proceeds of $2,313,750.75. Romain Nouzareth, CEO of CCU.ai commented, "We are encouraged by the shareholder support and confidence in SATO. This strengthens our cash position and allows us to continue...
2021-10-27 4:00 AM EDT
Canada Computational Unlimited (SATO) Participates in the Bitcoin Council Survey and Data Review
Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - Canada Computational Unlimited Inc. (TSXV: SATO) (the "Company", "CCU.ai" or "SATO") is pleased to announce that as part of its commitment toward renewable energy and sustainability, it has taken part in the Bitcoin Mining Council's ("BMC") Q3 Data Review. SATO is one of 29 participants in the survey representing 33% of the entire Bitcoin Mining Network and currently uses 100% renewable energy for all its mining operations. The Bitcoin...
2021-10-20 1:07 PM EDT
Canada Computational Unlimited Corp. (SATO) Purchases Additional Equipment For Future Development
Toronto, Ontario--(Newsfile Corp. - October 15, 2021) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Company") is pleased to announce that it has purchased electrical equipment for 10 MW for its Center One Facility in Joliette (Quebec) and an additional 8 MW for future expansions through its wholly owned subsidiary Canada Computational Unlimited Inc. ("CCU.ai"). The delivery for the equipment is expected before the end of this year.Update On Mining PowerThe Company is currently...
2021-10-15 9:00 AM EDT
CORRECTION FROM SOURCE: Canada Computational Unlimited Corp. Announces Early Repayment of Bitcoin Loans
Toronto, Ontario--(Newsfile Corp. - September 29, 2021) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Corporation") announces today that Canada Computational Unlimited Inc. ("CCU.ai"), a wholly owned subsidiary of the Corporation, completed the early repayment of loans payable which are repayable in Bitcoin on September 29, 2021 (the "Termination Date"). Description of the BTC Loan Agreements On June 30, 2019, CCU entered into bitcoin loan agreements (the "BTC Loan Agreements")...
2021-09-29 9:49 PM EDT
Canada Computational Unlimited Corp. Announces Early Repayment of Bitcoin Loans and Purchase of Equipment
Toronto, Ontario--(Newsfile Corp. - September 29, 2021) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Corporation") announces today that Canada Computational Unlimited Inc. ("CCU.ai"), a wholly owned subsidiary of the Corporation, completed the early repayment of loans payable which are repayable in Bitcoin on September 29, 2021 (the "Termination Date"). Description of the BTC Loan Agreements On June 30, 2019, CCU entered into bitcoin loan agreements (the "BTC Loan Agreements")...
2021-09-29 9:10 PM EDT
Bitcoin Miner Canada Computational Unlimited Corp. Commences Trading as "SATO"
Toronto, Ontario--(Newsfile Corp. - September 16, 2021) - Canada Computational Unlimited Corp. (TSXV: SATO) (the "Company" or "CCU.ai") is pleased to announce that it has been approved for trading on the TSX Venture Exchange (the "TSXV") at the opening of the market day as of September 16th, 2021 under the stock symbol 'SATO'.For information on Canada Computational Unlimited Corp. please visit www.ccu.ai. For upcoming investor events and company updates please subscribe here: CCU_Updates Key...
2021-09-16 8:30 AM EDT