Acquisition of Canal Flats facility
Company: IREN
The claim, verbatim
Acquired Canal Flats data center facility in British Columbia from PodTech Innovation Inc. in January 2020
Source (primary)
IREN 424B3 filed 2023-09-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “In January 2020, we acquired our first site in Canal Flats, located in British Columbia, Canada ("BC"), from PodTech Innovation Inc. and certain of its related parties.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the Canal Flats site in BC was acquired in January 2020 from PodTech Innovation Inc. and its related parties.
Confirmed in the source:
- Canal Flats site was acquired in January 2020
- Canal Flats is located in British Columbia
- The site was acquired from PodTech Innovation Inc. and certain related parties
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036123045184/ny20011266x1_424b3.htm) in full (245,327 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 424B3 filed 2023-09-26
Quote: “In January 2020, we acquired our first site in Canal Flats, located in British Columbia, Canada ("BC"), from PodTech Innovation Inc. and certain of its related parties.”