KEV KHO thiab REPLACING Creek Road Miners, Inc. Nkag mus rau hauv Daim Ntawv Pom Zoo Kev Sib Koom Tes nrog Prairie Operating Co., LLC

HENDERSON, Nevada-(BUSINESS WIRE)-#virtual-Thov hloov qhov kev tso tawm hnub tim 25 Lub Kaum Hli, 2022, nrog cov ntawv kho hauv qab no vim muaj ntau yam kev hloov kho.

Qhov hloov tshiab sau hais tias:

CREEK ROAD MINERS, INC. nkag mus rau hauv daim ntawv cog lus sib koom ua ke nrog PRAIRIE OPERATING CO., LLC

Creek Road Miners, Inc. (OTCQB: CRKR; "Creek Road" lossis "Company") thiab Prairie Operating Co., LLC ("Prairie") tshaj tawm hnub no kos npe rau daim ntawv cog lus sib koom ua ke ("Kev cog lus sib koom ua ke"). Thaum kaw ntawm kev sib koom ua ke ntawm Creek Road thiab Prairie ("Kev sib koom ua ke"), lub tuam txhab ua ke yuav raug hu ua Prairie Operating Co. thiab xav tias yuav tau tshaj tawm rau pej xeem hauv OTCQB hauv qab lub cim "PROP." Tom qab kev sib koom ua ke, Lub Tuam Txhab npaj siab thov cov npe ntawm NYSE American Exchange. Cov tswv cuab ntawm Prairie yuav tau txais cov khoom lag luam ntawm Creek Road thiab txwv kev ua haujlwm raws li kev xaiv hauv kev sib koom ua ke. Thaum kawg ntawm kev sib koom ua ke, Ed Kovalik yuav raug xaiv tsa Thawj Tswj Hwm, Gary Hanna yuav raug xaiv tsa Thawj Tswj Hwm, thiab Craig Owen yuav raug xaiv tsa Tus Thawj Saib Xyuas Nyiaj Txiag.

Prairie kuj tau kos npe rau daim ntawv cog lus yuav thiab muag ("PSA") nrog Exok, Inc. ("Exok") rau kev nrhiav tau ntawm 37,030 tag nrho acres ntawm undeveloped roj thiab roj acreage nrog qhov nruab nrab cov nyiaj tau los ntawm 76%, nyob nyob rau hauv Weld County, Colorado ("Exok Assets") rau kwv yees li $28.2 lab ("Asset Acquisition" thiab ua ke nrog kev sib koom ua ke, "Kev Lag Luam").

Paul Kessler, Lub Tuam Txhab Tus Thawj Coj tau hais ntxiv, "Lub Creek-Prairie kev sib koom ua ke yog qhov tshwm sim los ntawm kev siv zog los txheeb xyuas cov cuab yeej cuab tam-zoo zog los tsim cov txiaj ntsig zoo rau txhua tus neeg muaj feem. Pab pawg ua haujlwm ntawm cov kws paub txog, cov kws tshaj lij pedigreed sawv cev rau qhov zoo tshaj plaws hauv chav kawm thiab yuav tsom mus rau kev txhawb nqa Asmeskas kev ywj pheej zog. "

Ed Kovalik tau hais ntxiv tias, "Lub sijhawm kom tau txais cov cuab tam no los ntawm Exok Inc. ntawm qhov peb ntseeg tias yog qhov kev ntsuas zoo tshaj plaws Prairie txoj haujlwm mus tom ntej. Kev ua haujlwm offset tsis ntev los no los ntawm cov neeg ua haujlwm paub zoo ua rau peb muaj kev ntseeg siab nyob rau hauv lub peev xwm nyob rau hauv no feem ntau continuous acreage block. Peb cia siab tias yuav pib peb txoj haujlwm drilling thaum ntxov 2023. " Mr. Kovalik tau hais ntxiv tias "Peb ntseeg tias Prairie yuav sawv cev rau zaj dab neeg tshwj xeeb hauv kev lag luam pej xeem, nrog cov cuab yeej cuab tam tus nqi qis, nrog rau chav ua haujlwm txaus hauv qhov zoo li ua lag luam mus sij hawm ntev rau roj thiab roj."

Creek Road tau koom nrog Roth Capital Partners, LLC los pab hauv kev sib tham nrog qee tus tub ua lag luam kom nce peev ua ntej kaw qhov kev sib koom ua ke. Txhua qhov nyiaj tau los yuav raug siv los pab rau Kev Tshawb Fawb Txog Kev Lag Luam thiab txhim kho Exok Assets tom qab kaw.

Kev sib koom ua ke, uas tau pom zoo los ntawm pawg thawj coj ntawm Creek Road thiab cov tswv cuab ntawm Prairie, xav tias yuav kaw thaum lub quarter thib plaub ntawm 2022, raws li kev cai kaw, suav nrog kev kaw qhov chaw ntiag tug ntawm Creek Road kev nyab xeeb rau Cov nyiaj tau los tag nrho tsawg kawg yog $ 30 lab ("PIPE"). Kev Tau Txais Cov Khoom Siv yuav tsum kaw tam sim tom qab kaw ntawm Kev Sib Koom Tes. Tsis suav nrog kev tshaj tawm cov khoom lag luam hauv PIPE muaj peev xwm, thiab xav tias tsis muaj kev xaiv los yog kev tso cai tawm thaum kaw ntawm Kev Sib Koom Tes, cov khoom lag luam zoo tshaj plaws ntawm Lub Tuam Txhab cov khoom lag luam tom qab kev sib koom ua ke yuav tsum muaj kwv yees li 58.5% los ntawm cov tswv cuab ntawm Creek Road tam sim no, 29.3% los ntawm cov tswv cuab ntawm Prairie, thiab 12.2% los ntawm Exok.

Creek Road npaj siab yuav xa cov ntaub ntawv tam sim ntawd piav qhia, ntawm lwm yam, cov ntsiab lus thiab cov xwm txheej ntawm Kev Ua Lag Luam nrog US Securities thiab Exchange Commission ("SEC"). Cov ntaub ntawv ntxiv txog Kev Ua Lag Luam, suav nrog cov ntawv theej ntawm Daim Ntawv Pom Zoo Kev Sib Koom Tes thiab PSA, yuav muab rau hauv Daim Ntawv Qhia Tam Sim No ntawm Daim Ntawv 8-K uas yuav raug xa los ntawm Creek Road nrog SEC thiab yuav muaj nyob rau ntawm www.sec.gov.

Tswvyim

Baker & McKenzie LLP tab tom ua tus kws lij choj rau Creek Road.

Vinson & Elkins LLP tab tom ua tus kws lij choj rau Prairie.

Hais txog Creek Road

Creek Road Miners, Inc.www.CreekRoadMiners.com) yog lub tuam txhab cryptocurrency mining uas txhawb nqa lub zog tsim hluav taws xob thiab cov chaw mining. Tus qauv Creek Road Miners siv cov khoom siv ntau ntawm cov khoom siv hluav taws xob nyob rau hauv ib yam uas muab nws cov kev ua haujlwm nrog tus nqi tsim nyog siv hluav taws xob thaum muaj txiaj ntsig zoo rau cov neeg siv hluav taws xob, cov neeg siv khoom thiab kev xav txog ib puag ncig.

Hais txog Prairie

Prairie yog lub tuam txhab Delaware txwv kev lav phib xaub tsim rau lub hom phiaj ntawm kev tau txais thiab ua haujlwm roj thiab roj hauv Tebchaws Meskas. Prairie yog tswj hwm los ntawm nws cov tswv cuab, Gary C. Hanna thiab Edward Kovalik.

Cov Ntaub Ntawv Tseem Ceeb Txog Kev Pom Zoo Kev Sib Koom Tes

Nrog rau kev sib koom ua ke, Creek Road yuav npaj ib daim ntawv qhia txog kev xa mus rau SEC uas yuav muab cov ntaub ntawv tseem ceeb ntxiv txog kev sib koom ua ke. Thaum ua tiav, cov lus qhia meej yuav raug xa mus rau Creek Road cov tswv lag luam. CREEK ROAD'S STOCKHOLDERS tau txais kev pom zoo los nyeem tag nrho cov ntaub ntawv muaj feem cuam tshuam nrog SEC, suav nrog CREEK ROAD cov ntaub ntawv tshaj tawm, vim tias lawv yuav muaj cov ntaub ntawv tseem ceeb ntawm cov ntaub ntawv saum toj no. Creek Road cov tswv lag luam yuav tuaj yeem tau txais, yam tsis tau them nqi, ib daim qauv ntawm cov ntaub ntawv tshaj tawm (thaum muaj) thiab lwm yam ntaub ntawv cuam tshuam nrog SEC los ntawm SEC lub vev xaib ntawm www.sec.gov.

Forward Nrhiav Cov Lus

Cov ntaub ntawv muaj nyob rau hauv no thiab nyob rau hauv tej nqe lus hais nyob rau hauv kev twb kev txuas nrog rau qhov no muaj xws li "cov nqe lus rau pem hauv ntej" nyob rau hauv lub ntsiab lus ntawm Tshooj 27A ntawm lub Securities Act of 1933, raws li tau hloov kho, thiab Tshooj 21E ntawm lub Securities Exchange Act xyoo 1934, raws li hloov. Tag nrho cov lus tshaj tawm, uas tsis yog cov lus hais txog tam sim no lossis keeb kwm qhov tseeb suav nrog hauv no, hais txog Kev Lag Luam, Creek Road's thiab Prairie lub peev xwm los ua kom tiav cov Kev Lag Luam thiab nce peev ua ntej kev sib koom ua ke, cov txiaj ntsig ntawm Kev Lag Luam, Creek Road cov nyiaj txiag yav tom ntej tom qab Kev Lag Luam, nrog rau Creek Road's thiab Prairie lub tswv yim, kev ua haujlwm yav tom ntej, nyiaj txiag txoj haujlwm, kwv yees cov nyiaj tau los thiab kev poob, cov nqi kwv yees, kev cia siab, cov phiaj xwm thiab cov hom phiaj ntawm kev tswj hwm yog cov lus qhia yav tom ntej. Thaum siv ntawm no, suav nrog cov lus hais hauv qhov ncauj uas tau hais los ntawm no, cov lus "ua tau," "yuav tsum," "yuav," "yuav," "yuav," "tseeb," "cia siab," "xav," "xav," "cia siab, "" project," qhov tsis zoo ntawm cov ntsiab lus thiab lwm yam kev hais lus zoo sib xws yog npaj los txheeb xyuas cov nqe lus yav tom ntej, txawm hais tias tsis yog tag nrho cov lus hais txog yav tom ntej muaj cov lus qhia. Cov lus qhia yav tom ntej no yog ua raws li Creek Road thiab Prairie kev tswj hwm qhov kev cia siab tam sim no thiab kev xav txog cov xwm txheej yav tom ntej thiab yog raws li cov ntaub ntawv tam sim no txog qhov tshwm sim thiab lub sijhawm ntawm cov xwm txheej yav tom ntej. Tsuas yog raws li txoj cai lij choj siv tau, Creek Road thiab Prairie tsis lees txais ib lub luag haujlwm los hloov kho cov lus qhia yav tom ntej, tag nrho cov uas tsim nyog tau txais los ntawm cov lus hauv ntu no, los cuam tshuam cov xwm txheej lossis xwm txheej tom qab hnub no. Creek Road thiab Prairie ceeb toom rau koj tias cov lus hais rau pem hauv ntej no muaj kev pheej hmoo thiab tsis paub tseeb, feem ntau yog qhov nyuaj rau kev kwv yees thiab ntau yam dhau ntawm kev tswj hwm ntawm Creek Road thiab Prairie. Cov kev pheej hmoo no suav nrog, tab sis tsis txwv rau, kev lag luam dav dav, nyiaj txiag, kev cai lij choj, kev nom kev tswv thiab kev lag luam thiab kev hloov pauv hauv kev lag luam hauv tsev thiab txawv teb chaws; qhov tsis muaj peev xwm ntawm cov tog neeg kom ua tiav lossis ua tiav raws sijhawm ntawm Kev Ua Lag Luam lossis ua kom txaus siab rau cov xwm txheej kaw, suav nrog kev kaw qhov chaw ntiag tug ntawm Creek Road kev nyab xeeb rau cov nyiaj tau los tag nrho ntawm tsawg kawg yog $ 30 lab; qhov tsis ua tiav qhov kev cia siab ntawm cov txiaj ntsig ntawm Kev Ua Lag Luam, suav nrog qhov tshwm sim ntawm kev ncua ntawm nws qhov kev siv; qhov tshwm sim ntawm cov xwm txheej uas yuav ua rau muaj txoj cai ntawm ib lossis ob qho tib si ntawm Creek Road thiab Prairie los txiav txim siab cov lus cog tseg uas muaj feem xyuam nrog Kev Ua Lag Luam; cov kev pheej hmoo cuam tshuam txog kev loj hlob ntawm Creek Road txoj kev lag luam thiab lub sij hawm ntawm qhov kev xav tau ntawm kev lag luam tseem ceeb; thiab cov teebmeem ntawm kev sib tw ntawm Creek Road txoj kev lag luam yav tom ntej. Yog tias ib lossis ntau qhov kev pheej hmoo lossis qhov tsis paub tseeb uas tau piav qhia hauv no thiab hauv cov lus hais hauv qhov ncauj tau hais txog qhov tshwm sim, lossis yuav tsum muaj cov kev xav hauv qab no ua pov thawj tsis raug, cov txiaj ntsig tiag tiag thiab cov phiaj xwm yuav txawv ntawm cov uas tau hais hauv cov nqe lus yav tom ntej. Tej zaum yuav muaj kev pheej hmoo ntxiv uas tam sim no tsis yog Creek Road thiab Prairie tam sim no paub lossis tias Creek Road thiab Prairie tam sim no ntseeg tias yog qhov tsis tseem ceeb uas tuaj yeem ua rau cov txiaj ntsig tiag tiag txawv ntawm cov lus hais hauv ntej. Cov ntaub ntawv ntxiv hais txog cov no thiab lwm yam uas yuav cuam tshuam rau Creek Road qhov kev cia siab tuaj yeem pom nyob rau hauv Creek Road cov ntaub ntawv ib ntus nrog SEC, suav nrog Creek Road Daim Ntawv Qhia Txhua Xyoo ntawm Daim Ntawv 10-K tau xa mus rau SEC thaum Lub Peb Hlis 31, 2022 thiab cov ntawv xa tawm tom qab Lub Peb Hlis. ntawm Form 10-Q. www.sec.gov.

Muaj mob

Tshawb nrhiav kev lag luam

John D. Maatta

Creek Road Miners, Inc.

[email tiv thaiv]