Integrated Ventures Executes A Non-Disclosure Agreement With Canadian Crypto Mining Company
April 29 2020 - 9:45AM
InvestorsHub NewsWire
PHILADELPHIA, PA -- April 29, 2020 --
InvestorsHub NewsWire -- Integrated Ventures Inc. (OTCQB: INTV)
(“Company”) is pleased to disclose an execution of Non-Disclosure
Agreement (“NDA”) with AltVenture Capital, Inc, for the purpose of
evaluating a Material Business
Transaction.
This NDA will allow both parties
to obtain certain confidential information, in regards to current financial
condition and operations about each other, to exchange business related documents and to
facilitate negotiations, in regards to a potential transaction,
involving a purchase of assets or business
merger.
Steve Rubakh, CEO, comments: "We continue to
target and evaluate synergetic and opportunistic business
opportunities. Due to the current economic downturn, there are
valuable assets available that are priced below its true market
value. Company believes that combination of AltVenture Capital's
fully build-out 5.7 meg facilities with a low electricity pricing
structure, represents a very timely and cost effective acquisition
opportunity, designed to supplement current mining
operations.”
* Integrated Ventures, Inc - Technology
Driven, Portfolio Holdings Company with focus on Blockchain
Technology and Cryptocurrency
Mining.
For more details, please visit company's web
at www.integratedventuresinc.com.
* AltVenture Capital, Inc – Located in
Winnipeg, Canada, the Company operates 4 crypto currency mining
facilities with combined power capacity of 5.8
meg.
For more details, please visit company's web
at www.altventurecapital.com.
Safe Harbor Statement:
The information posted in this release may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. You can identify
these statements by use of the words "may," "will," "should,"
"plans," "explores," "expects," "anticipates," "continue,"
"estimate," "project," "intend," and similar expressions.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from
those projected or anticipated. These risks and
uncertainties include, but are not limited to, general economic and
business conditions, effects of continued geopolitical unrest and
regional conflicts, competition, changes in technology and methods
of marketing, and various other factors beyond the company's
control.
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