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News  ›  GlobeNewswire Inc.

1606 Corp. Receives up to $6 Million Investment Commitment to Acquire Power Assets and Advance AI and Data Center

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Austen Lambrecht
1606 Corp. Receives up to $6 Million Investment Commitment to Acquire Power Assets and Advance AI and Data Center

1606 Corp. secured a $6 million investment commitment from ENMAS EPC Power Projects Limited to acquire power assets and expand AI-ready data center infrastructure, while also pursuing a strategic merger with Sim Agro Inc.

Insights
NSRGY   positive

Highlighted as a major player in a market experiencing significant growth and innovation


CBDW   positive

Received significant investment, advancing strategic merger, expanding infrastructure capabilities in high-growth AI and power sectors