Klearium Inc entered into a binding letter of intent to acquire 85% stake in Midpoint & Transfer Ltd. from Blockmate Ventures Inc. (TSXV:MATE) on June 1, 2023. Following closing, Klearium will be granted an option to acquire the remaining 15% interest in the Midpoint Group at any time after the date that is two years following the Closing Date for a payment of US$250,000. Completion of the transaction contemplated by the LOI remains subject to a number of conditions, including finalization of due diligence, negotiation of definitive documentation and the receipt of any required regulatory approvals, including the approval of the TSX Venture Exchange.
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- Klearium Inc entered into a binding letter of intent to acquire 85% stake in Midpoint & Transfer Ltd. from Blockmate Ventures Inc..