Fernhill Corp Provides Corporate Update and Q3 Action Plan

Fernhill Corp. (OTC: FERN)

The Company’s recent acquisition of PerfectMine is designed to provide an onramp and access point to the broader crypto mining community and to have a unique and commercial grade technology platform for mining, management and monitoring crypto rigs. The successful acquisition of PerfectMine supports that initiative and puts the Company in a position to massively scale the business. PerfectMine currently has an estimated 1,500 mining rigs registered on the platform which has the potential to scale to over one million rigs.

“PerfectMine is a great initial stepping stone for Fernhill and places us front and center in the crypto mining, management and monitoring industry with a really powerful technology stack. As an early growth stage company with plenty of room to scale, we plan on adding several new highly valuable functions as well as make complementary acquisitions to expand our presence and capabilities in the crypto and blockchain industries,” stated Chris Kern – Fernhill’s Strategic Advisor. “We’re running a playbook for Fernhill that requires many steps, adds new processes and provides a view for the long game that builds substantial shareholder value and puts us on a path to complete our uplisting next year. This is only the first inning and we have a lot of work to do, however, as a team with a solid plan of action, we’re extremely confident that we’ll be able to achieve our objectives.”

Fernhill has several corporate objectives and milestones set through the end Q3 (September 30, 2021):

• Enter into an LOI with another acquisition target by the end of Q3
• Align ourselves with institutional investors to facilitate our acquisition financing
• Launch a multi-channel marketing plan to quickly scale up PerfectMine’s client base
• Provide new features, functionality, tools and partnerships for PerfectMine – potential areas of interest include crypto trading, blockchain wallets, NFTs and green mining pools
• Add 1-2 new members to the Fernhill team and Advisory Board

“We are committed to doing things the right way at Fernhill Corp.” said CEO Marc Lasky. “This includes a step by step execution of our detailed plan, being transparent with our shareholders, and most importantly creating maximum shareholder value at all times. We are in this for the long haul and we’re very excited about the future of FERN.”

About Fernhill:

Fernhill Corp is a diversified technology holding company that has interests in and seeks to acquire, build and develop businesses in mobile applications, blockchain/digital assets, SaaS, FinTech and alternative energy solutions, as well as other technologies that address the world's leading environmental and social concerns. Fernhill supports and pursues ESG initiatives and is Signatory Member of the Crypto Climate Accord (CCA).

For all official Fernhill corporate information, please refer to our filings, news and updates on the following resources:

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Company Website:FernhillCorp.com

Company Contact Information:Info@fernhillcorp.com

Any other links are not official & should be taken as such nor have anything to do with Fernhill Corp.

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Forward-Looking Statements: This release includes '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. Certain statements set forth in this press release constitute 'forward-looking statements.' Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words 'estimate', 'project', 'intend', 'forecast', 'anticipate', 'plan', 'planning', 'expect', 'believe', 'will likely', 'should', 'could', 'would', 'may' or words or expressions of similar meaning. Such statements are not guaranteeing of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced vendors, services or components, and various other factors beyond the Company's control.