Neptune Digital Assets Recognized as a Top 50 TSX Venture Exchange Company

Rhea-AI Summary

Neptune Digital Assets Corp. (NPPTF) has been named as one of the top performers on the TSX Venture Exchange for the 2nd time in 3 years. The company's strategic focus on proof-of-stake business, low-cost operations, and solid business decisions has driven its success.

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) -  Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), one of the first publicly traded blockchain companies in Canada, is pleased to announce it has been named as one of the top performers on the TSX Venture Exchange for the 2^nd time in 3 years

The TSX Venture 50, a prestigious annual ranking, celebrates the strongest performers on the TSX Venture Exchange (the 'TSXV" or "the Exchange") over the last year. Comprised of 10 companies from each of the five industry sectors, the ranking recognizes the strongest performers on the Exchange based on market capitalization, share price appreciation, and trading volume.

More details on the 2024 TSX Venture 50 and a video highlighting Neptune Digital Assets can be found at: www.tsx.com/Venture50.

"We are thrilled to secure our position in the 2023 TSX Venture 50 ranking as a top-performing company in our sector. Neptune's strategic focus on our proof-of-stake business, coupled with our execution of low-cost operations and solid business decisions, amidst the volatile blockchain industry, has been instrumental in driving our success," commented Cale Moodie, CEO. "As we look ahead, we are optimistic about the future, supported by the continued growth of cryptocurrency prices and positive movement in the regulatory front."

About Neptune Digital Assets Corp.

Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) is one of the first publicly traded blockchain companies in Canada and is at the forefront of the cryptocurrency and blockchain landscape. Neptune engages in operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated cutting-edge technology. Our unwavering commitment to innovation and strategic growth enables us to continually explore new opportunities and maximize value for our shareholders. For more information about Neptune Digital Assets Corp., please visit our website at www.neptunedigitalassets.com or follow us on X (@NeptuneDAC).

ON BEHALF OF THE BOARD

Cale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX ‎Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.‎

Forward-Looking Statements

This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "proposes" or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the auditors completing the remining auditing items with respect to the Annual Filings; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.

The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/198580

FAQ

Why has Neptune Digital Assets Corp. (NPPTF) been named as one of the top performers on the TSX Venture Exchange?

Neptune Digital Assets Corp. (NPPTF) has been named as one of the top performers on the TSX Venture Exchange for the 2nd time in 3 years due to its strategic focus on proof-of-stake business, low-cost operations, and solid business decisions.

What is the significance of the TSX Venture 50 ranking for Neptune Digital Assets Corp. (NPPTF)?

The TSX Venture 50 ranking is a prestigious annual ranking that celebrates the strongest performers on the TSX Venture Exchange based on market capitalization, share price appreciation, and trading volume. Neptune Digital Assets Corp. (NPPTF) has secured its position in the ranking, showcasing its success in the industry.

Who commented on Neptune Digital Assets Corp.'s (NPPTF) success in the TSX Venture 50 ranking?

Cale Moodie, the CEO of Neptune Digital Assets Corp. (NPPTF), commented on the company's success in securing its position in the 2023 TSX Venture 50 ranking. He highlighted the strategic focus on proof-of-stake business, low-cost operations, and solid business decisions as key drivers of Neptune's success.