Gryphon signs definitive agreement to acquire Canadian natural gas assets with 100 MW power, expandable to 1 GW

American Bitcoin Corp.

Acquisition from Erikson National Energy Inc. for CAD $2M cash at closing plus other obligations.
Assets include 5+ trillion cubic feet of contingent natural gas resources and 140 mmcf/d capacity.
Phase 1 power generation of 100 MW expected; potential expansion to 1 GW at energy cost under $0.03/KWH.
Company to engage with regulators and First Nations; no assurance transaction will close.

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