Innovation Beverage Group Enters into Definitive Merger Agreement with BlockFuel Energy, Inc.

Transaction expected to close in fourth quarter with combined company to begin trading on the Nasdaq under the ticker “FUEL” Vertically Integrated business model combines state-of-the-art power generation with oil & gas production to power Bitcoin mining operations Post-Transaction combined entity expected to have an equity valuation range between US$220M-$343M SYDNEY, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Innovation Beverage Group Ltd (“IBG” or the “Company”) (Nasdaq: IBG), an innovative developer, manufacture ...