Integrated Ventures, Inc. announced that it expects to receive $4 million in funding from BHP Capital NY, Inc.
February 18, 2021
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Integrated Ventures, Inc. (OTCPK:INTV) announced that it has entered into a securities purchase agreement for a private placement to issue 4,000 Series D Convertible Preferred Stock at a price of $1,000 per preferred stock for gross proceeds of $4,000,000 on February 18, 2021. The transaction will include participation from BHP Capital NY, Inc. The shares are convertible into common shares at a fixed conversion price of $0.30 per share. The preferred stock will be redeemable. The investor will receive five year warrants, priced at $0.006, with right to convert into common shares. If exercised, the Company will receive an additional investment, in the amount of $3,000,000. The company will issue securities pursuant to exemption provided under Regulation D.
Integrated Ventures, Inc. is a diversified holdings company, which develops, acquires, operates, and invests in businesses, focused on e-commerce, entertainment, information technology, data center design and cryptocurrency mining. The Company focuses on blockchain applications, information technology, cryptocurrency mining which includes mining, design, management, and operation of the data centers and power plants. Its operations include consist of cryptocurrency mining and retail sales of the mining equipment.
INTEGRATED VENTURES, INC. 
