other material
confidence medium
sentiment positive
materiality 0.45
T-REX Acquisition Corp. provides operations update; Bitcoin mining pilot successful
T-REX Acquisition Corp.
- Raptor Mining LLC successfully mined Bitcoin at a co-location facility in Tampa, FL.
- Closed initial PIPE in March 2022: sold units at $0.75 per unit (share + warrant at $1.50).
- Shareholders increased authorized shares from 150M to 350M, added 20M blank check preferred.
- Frank Horkey re-appointed President; Michael Christiansen appointed Secretary/Treasurer for FY 2023.
- Form S-1 registration statement became effective September 8, 2022.