1606 Corp signs non-binding LOI with Prime Tex for Lufkin biomass/data center project

1606 CORP.

LOI dated Sept 6, 2026 with Prime Tex Group for potential acquisition/assignment of rights to 132-acre biomass/data center site in Lufkin, Texas.
LOI is non-binding and non-exclusive; either party may terminate; expires Dec 31, 2026 unless extended.
Any transaction subject to due diligence, negotiation of definitive agreements; no assurance of completion.
Prime Tex operates sawmill in Kountze, TX and plans another in Kennard; biomass chips could supply facility.
1606 continues evaluating other strategic alternatives; no financial terms disclosed.

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