Vortex Brands Announces 33% Increase to Its Quarterly Cash Dividend

News provided by

Jun 20, 2023, 08:30 ET

DENVER, June 20, 2023 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB), a leading provider of cryptocurrency mining services, is excited to announce a quarterly cash dividend for its shareholders derived from its successful Bitcoin mining operations.

The dividend payment was increased by 33% to $0.000004 per share. The increased dividend will be distributed to shareholders of record on July 30, 2023, providing an opportunity for investors to capitalize on Vortex Brands' success and participate in its profitable ventures. By prioritizing shareholder value, Vortex Brands aims to foster a mutually beneficial relationship with its investors, ensuring their continued trust and support.

About Vortex Brands Co.: The Company operates as Technology Holdings Company that focuses on cryptocurrency sector, particularly Bitcoin Mining. Additional information is available by visiting company's website at www.vortexbrands.us or on twitter at https://twitter.com/Vortexbrands.

*Revenue related calculations. Please note that the Company believes that any revenue related calculations are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors, such as power pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market pricing and other unforeseen issues in deploying its mining rigs. You can view update information on Bitcoin Mining by visiting https://minerstat.com/coin/BTC

Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

SOURCE Vortex Brands Co.