1606 Corp. Signs LOI for Potential Transaction Involving Texas Power Plant and Data Center Project

1606 Corp. (OTCID:CBDW) signed a non-binding Letter of Intent dated September 6, 2026 with Prime Tex Group, USA covering a potential acquisition or assignment of the company's contractual rights under the Purchase and Sale Agreement for its approximately 132-acre biomass power and data center development property in Texas. The LOI is expressly non-binding and non-exclusive, obligates neither party, and expires December 31, 2026 unless extended in writing; 1606 remains free to solicit and negotiate with other parties regarding the Project.

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