VANCOUVER, B.C., Nov. 10, 2021 — Hello Pal International Inc. (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H)(“Hello Pal” or the “Company”), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce it has proactively secured locations in North America for the new Bitmain Antminer L7 Machines to be housed.
Through its partner Shanghai Yitang Data, the Company carried out a thorough review of optimal global mining locations. As a result of this diligence, the Company secured mining facilities in North America for the location of its mining rigs, with the majority of the rigs to be located in New York State. All locations are hydro-powered, in line with the Company’s policy of only relying on clean renewable energy. All new mining rigs will be shipped directly to these North American facilities upon taking delivery from Bitmain, which is expected to be in November and/or December this year.
“We expect that the relocation of our mining operations to North America will set us up for long-term stability in our crypto-mining operations. In turn, this will provide us a solid base to execute our plans of integrating crypto into our social networking core business,” said KL Wong, Founder and Chairman of the Company.
The Company is also continuing to sell its existing Antminer L3+ mining rigs in China and using the proceeds to purchase brand new Antminer L7 models, which will be housed in North America.
To download Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H), Language Pal, Travel Pal or the proprietary Phrasebooks please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: [email protected].
About the Hello Pal Platform
Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H)(“Hello Pal” or the “Company”). Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H) is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning, and travel. Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H), has been designed from the ground up to be easy to use and enables users’ the freedom to speak in their own language regardless of the other person’s language they are speaking to. Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H) overriding mission is to bring the world closer together through social interaction, language learning, and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.
The information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions, and expectations; they are not guarantees of future performance. Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H) cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H) control. Such risks and uncertainties are described in Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H) annual and interim financial statements available on www.sedar.com. Although Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H) is currently generating revenues, Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H) remains in the growth stage and such revenues are yet to be profitable. Accordingly, actual, and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Hello Pal International Inc.’s (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H) undertakes no obligation to publicly update or revise forward-looking information.
THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE Hello Pal International Inc. (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H)
