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    <title>QUARRY DYNAMICS INC. - Latest Press Releases on ReleaseWire</title>
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      <title>Quarry Dynamics Announces Creation of New U.S. Subsidiary and Acquisition of 40,500 Sq. Ft. Mining Facility</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Toronto, ON -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 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.<br />
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Quarry leadership has been working on several additional opportunities to increase its cryptocurrency production capabilities, including ongoing negotiations for additional Canadian-based facilities.<br />
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About Quarry Dynamics Inc<br />
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.<br />
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For more information on Quarry Dynamics visit: www.quarrydynamics.com.<br />
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Cautionary Note Regarding Forward-Looking Statements<br />
<br />
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&apos;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&apos;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&apos;s control. The Company&apos;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&apos;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.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Marketing Department<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/1349278">Click to Email Marketing Department</a><br />Web: <a rel="nofollow" href="https://www.quarrydynamics.com/">https://www.quarrydynamics.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1349278&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Fri, 19 Nov 2021 11:10:01 -0600</pubDate>
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      <title>Quarry Dynamics Inc. Announces Mining Hardware Acquisition</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Toronto, ON -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 08/24/2021 --  Quarry Dynamics Inc.  ("QD", "Quarry" or the "Company"), a Canadian-based crypto mining operations company, is pleased to announce the acquisition of computing power hardware providing a 1,000 total hash rate (TH/s) using the latest generation application-specific integrated circuit (ASIC) miners.<br />
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The Quarry executive team believes this acquisition will support the Company&apos;s goal of positioning QD for future expansion and revenue generation potential, with an estimated contribution of $ 123,019 USD per month in self-mining revenue.  (Source: <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="https://www.cryptocompare.com/" href="https://www.cryptocompare.com/">https://www.cryptocompare.com/</a> Mining metrics are calculated based on a Bitcoin (BTC) – USD exchange rate of 1 BTC = $ 49,857.99 updated at 2021-08-23 11:15 EDT)<br />
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Quarry leadership is confident this acquirement will provide QD with the computing power and security that best aligns with targeted goals for energy consumption, mining efficiency, and return on investment (ROI).<br />
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The QD team has been keenly focused on achieving first-year operational milestones and are currently entering into additional negotiations relating to location and operations.  These negotiations are intended to secure the required capacity to meet 2021 growth milestones and strategically align Quarry Dynamics to successfully meet 2022 revenue, as well as operationalexpectations.<br />
<br />
About Quarry Dynamics Inc.<br />
Quarry Dynamics Inc. is a Canadian-based cryptocurrency mining company, focusing on supporting the Bitcoin mining sector through rapidly expanding industrial scale renewable energy mining facilities and services. We are consistently focused on increasing efficiencies and research.  Quarry is passionate about the future of Bitcoin and Blockchain technology and strives to be a driver for adoption and enhancements in its future.<br />
<br />
For more information on Quarry Dynamics visit: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.quarrydynamics.com" href="http://www.quarrydynamics.com">www.quarrydynamics.com</a><br />
<br />
Cautionary Note Regarding Forward-Looking Statements<br />
<br />
This press release contains "forward-looking statements". Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements made regarding expected operating results; anticipated levels of capital expenditures; management&apos;s belief that the Company has or will have sufficient liquidity to fund business operations; strategies for customer retention, growth, product development, market position, financial results, and reserves; and strategies for risk management. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company&apos;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&apos;s control. The Company&apos;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&apos;s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:  economic and financial conditions; the adequacy of our cash flow and earnings; the level of demand and financial performance of targeted customer businesses; strategic actions, including acquisitions and dispositions; changes in customer demand; the extent to which we are successful in gaining new long-term relationships with customers or retaining existing ones and the level of service failures that could lead customers to use competitors&apos; services; developments and changes in laws and regulations, including increased regulation through legislative action and revised rules and standards; and, disruptions to the Company&apos;s technology network including computer systems and software. 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.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Marketing Director<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/1345077">Click to Email Marketing Director</a><br />Web: <a rel="nofollow" href="http://www.quarrydynamics.com">http://www.quarrydynamics.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1345077&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 24 Aug 2021 14:10:02 -0500</pubDate>
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