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Clarification: AgriForce Commences Final Installation of 500 Bitcoin Miners at East Palestine, Ohio Site

1. AgriForce completed installation of 500 Bitcoin mining machines. 2. Chris Polimeni confirmed progress towards one exahash in Q2 2025. 3. The company emphasizes energy-efficient operations for sustainable growth. 4. Forward-looking statements about performance are subject to risks and uncertainties.

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FAQ

Why Bullish?

The announcement of increased mining capacity can positively influence investor sentiment, similar to previous tech expansions that boosted stock prices.

How important is it?

The company's progress in mining operations can attract investor interest, impacting stock performance positively.

Why Short Term?

Recent operational announcements typically influence stock performance quickly, as seen in tech company updates.

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Vancouver, British Columbia and West Palm Beach, FL, May 20, 2025 (GLOBE NEWSWIRE) -- AgriForce Growing Systems Ltd. (“AgriForce” or the “Company”) (NASDAQ: AGRI), a diversified technology and infrastructure firm focused on digital energy innovation, issued a press release this morning announcing that final installation of the previously delivered 500 Bitmain S19j Pro 100T Bitcoin mining machines is now being completed at its East Palestine, Ohio mining facility. In this press release, there is a quote from Chris Polimeni, CFO, indicating surpassing one exahash in Q2 of 2025. The Company is clarifying the quote to indicate that it is commencing on its path to meet its one exahash goal in the current calendar quarter. About AgriFORCE Growing Systems Ltd. AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a forward-thinking technology company committed to addressing major challenges in agriculture, digital infrastructure, and environmental innovation. The Company focuses on building energy-efficient operations that support long-term value creation, leveraging proprietary infrastructure strategies and clean energy assets to drive sustainable growth. Follow AgriFORCE on Social Media: X: @agriforcegs Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, expectations regarding hashrate expansion, energy efficiency, timelines, and financial or operational performance. Forward-looking statements are identified by words such as “may,” “will,” “expect,” “anticipate,” “estimate,” and other similar expressions. These statements are subject to risks, uncertainties, and other factors, many of which are beyond AgriForce’s control. Readers should not place undue reliance on these statements and are encouraged to review the Company’s filings with the SEC for further information, including risk disclosures. For Further Information, Please Contact: Investor Relations+1 (561) 717-1742 www.agriforcegs.com

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