Neptune Digital Assets Corp. to provide an update on its planned expansion into renewable energy Bitcoin ("BTC") mining. The Company and LINK GLOBAL TECHNOLOGIES INC. have incorporated a joint venture company, Pure Digital Power Corp.

("Pure"), and in connection therewith, the Company, Link and Pure have entered into a shareholders' agreement governing the management of Pure. Pure is a power and Bitcoin mining infrastructure company with an emphasis on clean sustainable energy. Through Pure, Neptune and Link have agreed to develop an initial 5 megawatt ("MW") renewable energy dominated BTC mining facility in Alberta, with potential for expansion and scaling.

Establishing Pure and entering into the corresponding shareholders agreement follows shortly after the March 19, 2021 announcement of the proposed joint venture between LINK and Neptune to develop a green energy facility. All BTC mined under Pure's operation are expected to be held in the treasury for reinvestment and decentralized finance (defi) based earnings, similar to Neptune's current approach to treasury and asset management. Highlights: Pure is a joint venture company owned equally by LINK and Neptune -- sharing equally in costs and crypto based revenues.

The first Pure site will be in Alberta, Canada where LINK operates the majority of its BTC mining operations. The Pure site will be powered by clean energy sources -- Solar, wind, and minimal natural gas. Focused on development of a Pure carbon credit token or NFT.