Broadside Enterprises, Inc. Concludes Letter of Intent to Launch Cryptocurrency Mining Farm with Eastern European IT Partner

- Company to benefit from decade of operations and team of over 50 people -

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Dec 14, 2017, 07:00 ET

WEST HOLLYWOOD, Calif., Dec. 14, 2017 /PRNewswire/ -- Broadside Enterprises, Inc. ("Broadside" or the "Company") (OTC:BRSE) announced today that the Company has concluded a non-binding letter of intent to launch a cryptocurrency mining farm in partnership with an established Eastern European information technology partner.

The move represents only the first step for Broadside's Blockchain Technologies division.

"We look forward to executing on our vision," said Christopher Petzel, Chairman and CEO of the Company, "With the right partner, infrastructure and knowledge base, we can grow to become a significant player on the cutting edge of technology."

Additional information about Broadside can be found in the Company's reports and filings at www.OTCMarkets.com, on the Broadside website at www.broadside-enterprises.com and on Twitter at @brse_news.

About Broadside Enterprises, Inc.:

Broadside Enterprises, Inc. (OTC: BRSE) is a publicly traded company with four divisions: Media, Branded Goods, Real Estate and Blockchain Technologies.

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's reports and filings at http://www.OTCMarkets.com.

Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.