BlockQuarry Corp. signed a letter of intent to acquire Minerset LLC on January 31, 2023. BlockQuarry Corp.

has signed an LOI with Minerset Holdings LLC, a Delaware limited liability company, to merge with BlockQuarry Corp. The LOI is to execute a full merger between both companies, subject to the execution of a definitive agreement. The definitive agreement will include the terms of the full merger as well as the structure for the remaining entity.

Once the full agreement is approved and the details are available for public dissemination, shareholders will be notified via official press release.