Lancium agreement term and renewal
Company: CleanSpark - Project: Abilene (Lancium)
The claim, verbatim
Agreement has initial 5-year term from operations commencement and automatically renews for 2-year periods unless either party provides 90 days notice of non-renewal
Source (primary)
CleanSpark 8-K filed 2022-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Agreement has an initial term of five years from the operations commencement date (unless terminated earlier in accordance with the terms of the Agreement), after which it will renew automatically for two-year periods unless either party provides notice of non-renewal at least ninety days prior to the expiration of the term or renewal term, as applicable”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document establishes the 5-year initial term, automatic 2-year renewals, and 90-day non-renewal notice.
Confirmed in the source:
- Agreement has an initial 5-year term from operations commencement
- It automatically renews for 2-year periods
- Either party may prevent renewal with 90 days notice of non-renewal
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017022005119/clsk-20220329.htm) in full (8,574 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2022-03-31
Quote: “The Agreement has an initial term of five years from the operations commencement date (unless terminated earlier in accordance with the terms of the Agreement), after which it will renew automatically for two-year periods unless either party provides notice of non-renewal at least ninety days prior to the expiration of the term or renewal term, as applicable”