Fernhill Corporation (FERN)

[Diamond42]

Corporate Update and Q3 Action Plan
Press Release | 07/29/2021
Fernhill Corp. (OTC: FERN)

Fernhill Corp is pleased to provide this corporate update regarding its recent acquisition of PerfectMine and outlines its action plan for Q3 2021.

The Companys recent acquisition of PerfectMine is designed to provide an onramp and access point to the broader crypto mining community and to have a unique and commercial grade technology platform for mining, management and monitoring crypto rigs. The successful acquisition of PerfectMine supports that initiative and puts the Company in a position to massively scale the business. PerfectMine currently has an estimated 1,500 mining rigs registered on the platform which has the potential to scale to over one million rigs.

PerfectMine is a great initial stepping stone for Fernhill and places us front and center in the crypto mining, management and monitoring industry with a really powerful technology stack. As an early growth stage company with plenty of room to scale, we plan on adding several new highly valuable functions as well as make complementary acquisitions to expand our presence and capabilities in the crypto and blockchain industries, stated Chris Kern Fernhills Strategic Advisor. Were running a playbook for Fernhill that requires many steps, adds new processes and provides a view for the long game that builds substantial shareholder value and puts us on a path to complete our uplisting next year. This is only the first inning and we have a lot of work to do, however, as a team with a solid plan of action, were extremely confident that well be able to achieve our objectives.

Fernhill has several corporate objectives and milestones set through the end Q3 (September 30, 2021):

Enter into an LOI with another acquisition target by the end of Q3
Align ourselves with institutional investors to facilitate our acquisition financing
Launch a multi-channel marketing plan to quickly scale up PerfectMines client base
Provide new features, functionality, tools and partnerships for PerfectMine potential areas of interest include crypto trading, blockchain wallets, NFTs and green mining pools
Add 1-2 new members to the Fernhill team and Advisory Board
We are committed to doing things the right way at Fernhill Corp. said CEO Marc Lasky. This includes a step by step execution of our detailed plan, being transparent with our shareholders, and most importantly creating maximum shareholder value at all times. We are in this for the long haul and were very excited about the future of FERN.