Creek Road Miners Announces Plans for Uplisting to National Exchange

Rhea-AI Summary

Creek Road Miners, Inc. (OTCQB: CRKR) plans to uplist from OTC to NYSE American to enhance growth. The CEO, Scott D. Kaufman, highlights this move supports their strategy to acquire traditional energy assets for cryptocurrency mining operations. While this uplisting could significantly boost visibility and credibility, it is contingent upon meeting exchange requirements and receiving approval. There are no guarantees on the outcome of this application, emphasizing the inherent uncertainties in such strategic transitions.

Positive

• Plans to uplist to NYSE American to enhance growth.
• Potential for increased visibility and credibility in the market.
• Aligns with strategy to acquire energy assets for cryptocurrency mining.

Negative

• Uplisting is subject to meeting unspecified requirements.
• No assurance that the uplisting application will be approved.

Company Website: CreekRoadMiners.com

PARK CITY, Utah--(BUSINESS WIRE)-- Creek Road Miners, Inc. (OTCQB:CRKR) (“Creek Road Miners,” or “Company”) is pleased to announce its plans to begin the process of uplisting to a national securities exchange.

After careful consideration, the Company has selected NYSE American. Creek Road Miners believes that NYSE American provides a unique platform to enhance the Company’s ability to execute on its Five Cornerstone Strategy.

“For Creek Road Miner’s unique model of acquiring traditional energy assets to support the expansion of our cutting-edge cryptocurrency mining operations, NYSE American is clearly the best fit,” commented Mr. Scott D. Kaufman, Chief Executive Officer of Creek Road Miners. Mr. Kaufman added, “Having achieved a number of critical milestones over the past couple of months, we’re looking forward to the uplisting process and the acquisition of energy assets.”

Completion of the uplisting is subject to meeting certain requirements, as well as the approval of the specific exchange. There is no assurance that the national exchange will approve the listing application or that the Company will complete the uplisting as proposed.

Please visit the company’s website CreekRoadMiners.com for more information and updates.

About Creek Road Miners, Inc. (OTCQB: CRKR)

Creek Road Miners, Inc. (www.creekroadminers.com) is a cryptocurrency mining company that leverages mobile power generation units and mining facilities to overcome the economic barriers to utilizing the abundance of stranded natural gas in the U.S. market, while acquiring energy suppliers to create multiple revenue streams.

Forward-Looking Statements:

This press release contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211213005617/en/

Investor Relations and Media Contact:

Scott A. Sheikh

Creek Road Miners, Inc.

IR@creekroadminers.com

Source: Creek Road Miners, Inc.

FAQ

What is the uplisting plan for Creek Road Miners (CRKR)?

Creek Road Miners plans to uplist to the NYSE American to enhance operational capabilities and visibility.

What are the expected benefits of uplisting to NYSE American for CRKR?

Uplisting to NYSE American may provide increased visibility, access to more investors, and enhance the Company's credibility.

What are the risks associated with CRKR's uplisting plans?

The uplisting is contingent on meeting exchange requirements and receiving approval, with no guarantees of success.