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Innovation Beverage Group (Nas daq: IBG) $IBG is On-Track to Complete its Proposed Merger with BlockFuel in the First Quarter of 2026
SEVEN HILLS, Australia - AkGlobe -- Manufacturer, Marketer, Exporter, and Retailer for Beverage Portfolio of 60 Formulations Across 13 Popular Alcoholic and Non-Alcoholic Brands.
Company is Owner of Exclusive Manufacturing Rights.
Brands Include Australian Bitters, BITTERTALES, Drummerboy Spirits, Twisted Shaker, and More.
Manufacturing and Flavor Innovation Center Located in Sydney, Australia with a U.S. Sales Office Located in California.
Small Share Structure with Only 672,664 Shares Outstanding.
Planned Merger with BlockFuel Energy and Production Restart to Advance Dual Revenue Model Spanning Energy and Digital Asset Mining.
On Track to Complete BlockFuel Energy Merger in the First Quarter of 2026.
Onsite Natural Gas–Powered Digital Mining Strategy Positions Combined Group for Capital-Efficient, Scalable Cash Flow Generation.
Innovation Beverage Group (Nas daq: IBG) $IBG is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which it owns exclusive manufacturing rights. Focused on premium and super premium brands and market categories where it can disrupt age old brands, IBG brands include Australian Bitters, BITTERTALES, Drummerboy Spirits, Twisted Shaker, and more.
The most successful IBG brand to date is Australian Bitters, which is a well-established and favored bitters brand in Australia. Established in 2018, the IBG headquarters, manufacturing and flavor innovation center are located in Sydney, Australia with a U.S. sales office located in California.
After completing a five-for-one (5-for-1) reverse split on January 30th, IBG now offers investors a very attractive share structure with only 672,664 shares outstanding.
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IBG has announced that management intends to hold an annual meeting of shareholders by March 31, 2026 to remain in compliance with Nasdaq listing requirements.
Update on Merger with BlockFuel Energy and Production Restart to Advance Dual Revenue Model Spanning Energy and Digital Asset Mining
On February 11th IBG provided an update regarding a proposed merger with BlockFuel Energy Inc., a Texas corporation ("BFE"), including operational, financial, and strategic milestones that position the combined transaction parties as a capital-efficient energy producer with a differentiated digital infrastructure growth strategy.
IBG remains on track to complete the merger in the first quarter of 2026. Integration planning continues, with a clear focus on building a vertically integrated platform that monetizes hydrocarbons through both conventional sales channels and potential digital energy applications.
BlockFuel Energy is involved in the acquisition, exploration and development of proven oil fields onshore in North America. By turning natural gas at the source, including stranded and flared gas, into a potent resource for the digital era, BlockFuel Energy intends to redefine the energy industry. BlockFuel Energy combines state-of-the-art power generation with oil and gas exploration to power bitcoin mining operations and high-performance data centers. Our vertically integrated concept allows us to use co-location and modular power generation techniques to optimize efficiency and investment returns. Our cutting-edge solutions for energy optimization and extraction will enable us to transform underdeveloped resources into high-margin, scalable, and sustainable revenue streams. For more information visit: https://blockfuelenergy.com/.
More on AkGlobe News
BFE expects to complete its first oil and gas sales in February 2026, with initial revenues anticipated before the end of the first quarter ended March 31, 2026. These initial oil and gas revenues are expected to provide near-term cash-flow visibility following completion of the IBG merger.
In parallel with production restarts, planning is advancing for the potential deployment of digital mining infrastructure powered directly by natural gas produced onsite. Initial planning takes into consideration modular, wellhead-adjacent generation and mining deployments, allowing capacity to scale in-line with gas availability and capital deployment.
Further strengthening the IBG asset base, BFE has executed a Letter of Intent with a previous vendor to acquire additional nearby producing oil fields, adding approximately 4,000 contiguous acres to its portfolio. The proposed acquisition is expected to both expand scale and improve operating efficiencies, increasing gas volumes available for both traditional sales and digital energy initiatives.
Upon completion, the combined group is expected to emerge as a small-cap, integrated energy company with near-term production, diversified revenue streams, and a scalable gas-to-digital infrastructure platform positioned to deliver long-term shareholder value.
For more information on IBG visit: : https://www.innovationbev.com/
Media Contact:
Company Name: Innovation Beverage Group Ltd (Nas daq:IBG)
Contact: Investor Relations
Email: investorrelations@innovationbev.com
Phone: +61 (02) 9620 4574
Country: Australia
Website: https://blockfuelenergy.com/
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Company is Owner of Exclusive Manufacturing Rights.
Brands Include Australian Bitters, BITTERTALES, Drummerboy Spirits, Twisted Shaker, and More.
Manufacturing and Flavor Innovation Center Located in Sydney, Australia with a U.S. Sales Office Located in California.
Small Share Structure with Only 672,664 Shares Outstanding.
Planned Merger with BlockFuel Energy and Production Restart to Advance Dual Revenue Model Spanning Energy and Digital Asset Mining.
On Track to Complete BlockFuel Energy Merger in the First Quarter of 2026.
Onsite Natural Gas–Powered Digital Mining Strategy Positions Combined Group for Capital-Efficient, Scalable Cash Flow Generation.
Innovation Beverage Group (Nas daq: IBG) $IBG is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which it owns exclusive manufacturing rights. Focused on premium and super premium brands and market categories where it can disrupt age old brands, IBG brands include Australian Bitters, BITTERTALES, Drummerboy Spirits, Twisted Shaker, and more.
The most successful IBG brand to date is Australian Bitters, which is a well-established and favored bitters brand in Australia. Established in 2018, the IBG headquarters, manufacturing and flavor innovation center are located in Sydney, Australia with a U.S. sales office located in California.
After completing a five-for-one (5-for-1) reverse split on January 30th, IBG now offers investors a very attractive share structure with only 672,664 shares outstanding.
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IBG has announced that management intends to hold an annual meeting of shareholders by March 31, 2026 to remain in compliance with Nasdaq listing requirements.
Update on Merger with BlockFuel Energy and Production Restart to Advance Dual Revenue Model Spanning Energy and Digital Asset Mining
On February 11th IBG provided an update regarding a proposed merger with BlockFuel Energy Inc., a Texas corporation ("BFE"), including operational, financial, and strategic milestones that position the combined transaction parties as a capital-efficient energy producer with a differentiated digital infrastructure growth strategy.
IBG remains on track to complete the merger in the first quarter of 2026. Integration planning continues, with a clear focus on building a vertically integrated platform that monetizes hydrocarbons through both conventional sales channels and potential digital energy applications.
BlockFuel Energy is involved in the acquisition, exploration and development of proven oil fields onshore in North America. By turning natural gas at the source, including stranded and flared gas, into a potent resource for the digital era, BlockFuel Energy intends to redefine the energy industry. BlockFuel Energy combines state-of-the-art power generation with oil and gas exploration to power bitcoin mining operations and high-performance data centers. Our vertically integrated concept allows us to use co-location and modular power generation techniques to optimize efficiency and investment returns. Our cutting-edge solutions for energy optimization and extraction will enable us to transform underdeveloped resources into high-margin, scalable, and sustainable revenue streams. For more information visit: https://blockfuelenergy.com/.
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BFE expects to complete its first oil and gas sales in February 2026, with initial revenues anticipated before the end of the first quarter ended March 31, 2026. These initial oil and gas revenues are expected to provide near-term cash-flow visibility following completion of the IBG merger.
In parallel with production restarts, planning is advancing for the potential deployment of digital mining infrastructure powered directly by natural gas produced onsite. Initial planning takes into consideration modular, wellhead-adjacent generation and mining deployments, allowing capacity to scale in-line with gas availability and capital deployment.
Further strengthening the IBG asset base, BFE has executed a Letter of Intent with a previous vendor to acquire additional nearby producing oil fields, adding approximately 4,000 contiguous acres to its portfolio. The proposed acquisition is expected to both expand scale and improve operating efficiencies, increasing gas volumes available for both traditional sales and digital energy initiatives.
Upon completion, the combined group is expected to emerge as a small-cap, integrated energy company with near-term production, diversified revenue streams, and a scalable gas-to-digital infrastructure platform positioned to deliver long-term shareholder value.
For more information on IBG visit: : https://www.innovationbev.com/
Media Contact:
Company Name: Innovation Beverage Group Ltd (Nas daq:IBG)
Contact: Investor Relations
Email: investorrelations@innovationbev.com
Phone: +61 (02) 9620 4574
Country: Australia
Website: https://blockfuelenergy.com/
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Source: CorporateAds
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