Brief: Stronghold Digital Mining Provides Update On Previously Announced Debt Reduction And Favorable Mutual Termination Of Northern Data Hosting Agreement

Stronghold Digital Mining

14/10/2022 12:06

Oct 14 (Reuters) - Stronghold Digital Mining Inc
 SDIG.O :
    * STRONGHOLD DIGITAL MINING PROVIDES UPDATE ON PREVIOUSLY
ANNOUNCED DEBT REDUCTION AND FAVORABLE MUTUAL TERMINATION OF
NORTHERN DATA HOSTING AGREEMENT
    * ANNOUNCED ITS RECENT MUTUAL TERMINATION AND SETTLEMENT OF
ITS
DATA CENTER HOSTING AGREEMENT
    * BELIEVES SETTLEMENT IS MATERIALLY BENEFICIAL TO CASH FLOW
GENERATION AND OPERATIONAL FLEXIBILITY
    * WILL NOT PAY ANY FUTURE PROFIT SHARE PAYMENTS TO NORTHERN
DATA

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