BRIEF-Cleanspark Announces Agreement To Acquire GRIID Infrastructure Based On An Enterprise Value Of $155 Mln And Expansion Plans Of Over 400 MW In Tennessee

Reuters06-27

June 27 (Reuters) - CleanSpark Inc :

* CLEANSPARK ANNOUNCES AGREEMENT TO ACQUIRE GRIID INFRASTRUCTURE BASED ON AN ENTERPRISE VALUE OF $155 MILLION AND EXPANSION PLANS OF OVER 400 MW IN TENNESSEE

* CLEANSPARK INC: PROPOSED DEAL FOR ENTERPRISE VALUE $155 MILLION

* CLEANSPARK INC: PROVIDED GRIID WITH $5 MILLION WORKING CAPITAL LOAN, PAY-DOWN BRIDGE LOAN OF ABOUT $50.9 MILLION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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