VANCOUVER, British Columbia and BERWYN, Alberta, June 17, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. $(AGRI)$ ("AgriFORCE" or the "Company"), a technology and infrastructure firm operating at the intersection of clean energy and digital compute, today announced two major milestones in its Power & Compute strategy:

   -- The commissioning of its first decentralized Power & Compute site in 
      Berwyn, Alberta 
 
   -- The execution of a binding Letter of Intent (LOI) with BlueFlare 
      Energy$(TM)$ Solutions Inc. to acquire and develop up to 1.3 MW of mobile, 
      natural-gas-powered compute infrastructure across Alberta 

Together, these milestones reinforce AgriFORCE's three-pronged strategy across Bitcoin treasury accumulation, modular compute infrastructure, and energy-first monetization--accelerating the company's mission to convert stranded gas into scalable digital assets and decentralized AI-ready infrastructure.

Berwyn Commissioning: Proof of Execution

AgriFORCE's Berwyn site represents the first live deployment under the Company's Power & Compute Initiative and is now fully operational. Developed in partnership with BlueFlare Energy(TM), Phase 1 of the site includes:

   -- 425 kW BlueFlare Power module 
 
   -- 120 Bitmain S21 270TH ASIC miners delivering >32 PH/s 
 
   -- Custom-engineered mining pod with high-efficiency airflow and thermal 
      controls 
 
   -- BlueFlare OS(TM) for telemetry and predictive maintenance 
 
   -- BlueFlare Carbon Cube(TM) for emissions tracking and ESG compliance 

Phase 2, currently underway, will add 200 kW, expanding the site's total capacity to over 625 kW.

"This site is a working proof of our thesis: convert stranded gas into real-time, ESG-compliant digital compute. And do it fast," said Dave Jackson, CEO of BlueFlare Energy(TM).

1.3 MW Alberta Expansion: Strategic LOI Execution

AgriFORCE and BlueFlare Energy(TM) have entered into a binding LOI to acquire and deploy an additional 1.3 MW of power and compute capacity at two new sites in Oyen and Hinton, Alberta. The LOI includes:

   -- Rights to purchase and operate two modular gas-to-power units, each rated 
      at approximately 640 kW, alongside BlueFlare-engineered mining 
      infrastructure 
 
   -- Shared responsibilities, with AgriFORCE providing funding, treasury, and 
      asset ownership, and BlueFlare managing power, deployment, and 
      performance optimization 
 
   -- Optional equity participation for BlueFlare in future site-level 
      expansions 

Each site will replicate the Berwyn model and support a range of workloads including Bitcoin mining, AI inference, edge compute, and industrial IoT processing.

"We don't wait for permits or grid upgrades--we convert gas into compute in weeks, not years," said Jolie Kahn, CEO of AgriFORCE. "This LOI accelerates our Alberta roadmap and pushes us closer to 1 EH/s target compute capacity by Q1 2026."

Three-Pronged Strategy: Bitcoin, Compute, and Energy Control

AgriFORCE's roadmap is anchored in a capital-efficient, synergistic growth model:

   1. Bitcoin Treasury: Sound Money Meets Smart Reserves 
 
          -- 7 BTC mined to date across Alberta and Ohio ($750,000 in value) 
 
          -- Up to 50% of capital raises allocated to direct BTC purchases 
 
          -- Up to 50% of mined BTC retained in corporate treasury 
 
          -- This blended model minimizes volatility while compounding 
             long-term upside in a hard, appreciating asset 
 
   2. Compute Infrastructure: Modular, Mobile, and Scaling Fast 
 
          -- 6+ MW operational capacity across three sites, with >0.17 EH/s 
             deployed 
 
          -- Targeting 0.5 EH/s by Q4 2025 and 1 EH/s by Q1 2026 
 
          -- Powered by 500+ new-gen ASICs and proprietary telemetry for rapid 
             scaling and efficiency 
 
   3. Energy-First Expansion: Monetizing the Bottleneck 
 
          -- Exclusive access to 50+ MW of natural gas, expanding to 100+ MW by 
             2026 
 
          -- Mobile, off-grid systems that bypass utility delays 
 
          -- Integrated ESG tech stack including real-time emissions logging 
             and carbon credit tracking 

"Power is the new currency," added Kahn. "We're not just building data centers--we're building power-backed financial infrastructure."

About AgriFORCE Growing Systems Ltd.

AgriFORCE (NASDAQ: AGRI) is a mission-first technology company operating at the convergence of clean energy, digital assets, and infrastructure. Through its TerraHash Digital(TM) division, the company builds and operates decentralized computing platforms powered by off-grid, emissions-tracked natural gas systems.

www.agriforcegs.com

About BlueFlare Energy(TM) Solutions Inc.

BlueFlare Energy(TM) is a pioneer in modular, mobile energy and decentralized compute solutions. Based in Alberta, BlueFlare's proprietary OS, emissions tech, and carbon compliance infrastructure support high-uptime, ESG-first data processing at the edge of the grid.

www.GoBlueFlare.com

Investor Relations

+1-561-717-1742

info@agriforcegs.com

Follow AgriFORCE and TerraHash Digital(TM)

@agriforcegs | @THashDGTL -- Instagram, X, Facebook, LinkedIn, TruthSocial

(END) Dow Jones Newswires

June 17, 2025 08:30 ET (12:30 GMT)