Redwater Secures Prime Site in Sturgeon County, Alberta
Retrieved on:
Tuesday, July 18, 2023
Vancouver, B.C, July 18, 2023 (GLOBE NEWSWIRE) -- CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that its wholly-owned subsidiary, Red Water Acquisition Corp. (“Redwater”) has successfully acquired development rights for a prime site in Sturgeon County, Alberta, Canada.
Key Points:
- Vancouver, B.C, July 18, 2023 (GLOBE NEWSWIRE) -- CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX), is pleased to announce that its wholly-owned subsidiary, Red Water Acquisition Corp. (“Redwater”) has successfully acquired development rights for a prime site in Sturgeon County, Alberta, Canada.
- TNDS, acting on behalf of the site owner, an oil and gas producer, played a pivotal role in facilitating the commissioning of the site.
- As part of the ongoing collaboration, TNDS is currently negotiating a Gas Supply Agreement (GSA) with the site owner.
- The acquisition of the Sturgeon County site and the collaboration with TNDS mark significant milestones for Redwater's mission to become a leader in eco-conscious mining practices.