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BRIEF-Aim Explorations Ltd enters into a letter of intent with DMG Blockchain Solutions Inc for qualifying transaction
September 20, 2017 / 1:15 PM / in a month

BRIEF-Aim Explorations Ltd enters into a letter of intent with DMG Blockchain Solutions Inc for qualifying transaction

Sept 20 (Reuters) - Aim Explorations Ltd

* Aim Explorations Ltd enters into a letter of intent with DMG Blockchain Solutions Inc for qualifying transaction

* Aim Explorations Ltd - ‍ upon completion of transaction, combined entity will continue business of DMG as a “technology” issuer​

* Aim Explorations Ltd - ‍ anticipated that board of directors of resulting issuer will consist of up to five directors​

* Aim Explorations-to acquire DMG common shares in exchange for 28.5 million shares of resulting issuer based on price of about $0.30/payment share​

* Aim Explorations Ltd - ‍common shares of Aim will remain halted until transaction is completed and approved by exchange​ Source text for Eikon: Further company coverage:

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