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DMG Blockchain Solutions Announces Partnership with Malahat Nation to Develop Canada’s First Indigenous-Led AI Data Centers

Provided By GlobeNewswire

Last update: Oct 21, 2024

VANCOUVER, British Columbia, Oct. 21, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) ("DMG"), a leading vertically integrated blockchain and data center technology company, announces the signing of a Memorandum of Understanding (“MOU”) with Malahat First Nation’s Economic Development Corporation (“Malahat”) to develop a total of 30 megawatts of artificial intelligence (AI) data centers, evenly split between the two parties (the “Transaction”).

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