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$BLQC ~ BlockQuarry Announces Acquisition of Blockchain Energy Services, LLC, a Subsidiary of Pantheon Resources, Inc.
https://www.globenewswire.com/news-release/2023/05/04/2661443/0/en/BlockQuarry-Announces-Acquisition-of-Blockchain-Energy-Services-LLC-a-Subsidiary-of-Pantheon-Resources-Inc.html

In connection with this agreement, the Company entered into a strategic partnership agreement with Pantheon whereby the Company will fund and develop the infrastructure needed to make the data processing site operational, with Pantheon providing operational and engineering expertise. The partnership has an initial term of 12 months and is thereafter cancelable by either party with 90 days’ notice. The Company will pay 10% of all revenues from the mining site to Pantheon as consideration for the agreement.