CORRECTION -- InvestmentPitch Media and iMining Technologies
January 20 2023 - 10:43AM
In a release issued on Friday, January 20th,
by InvestmentPitch Media and iMining Technologies, please note
that the headline should have read "90MW" and not "95MW". The
corrected release follows:
InvestmentPitch Media Video Discusses iMining
Technologies’ Signing of Letter of Intent to Acquire 90MW Power
Plants in Ontario
iMining Technologies Inc. (TSXV:IMIN) (FSE:P1A),
which invests in energy infrastructure, blockchain technology and
the Web3.0 ecosystem, has signed a Letter of Intent to acquire
Power Plants in Ontario. The Power Plants, with the capacity to
produce 90 megawatts of low-cost electricity, have existing
agreements with the Ontario Grid to supply energy to the grid
during the highly profitable periods.
A Media Snippet accompanying this announcement is
available by clicking on the image or link below:
For more information, please view the
InvestmentPitch Media video which provides additional information
about this news and the company, along with video comments from
Khurram Shroff, President and CEO of iMining. The video is
available for viewing on “InvestmentPitch” and on
“YouTube”. If these links are not enabled, please
visit www.InvestmentPitch.com and enter “iMining”
in the search box.
The value of the acquisition is subject to third
party valuation and following the due diligence period, including
receipt of tax, corporate and security law advice, the parties will
execute a final definitive agreement. The company will announce
financing plans prior to completion of the acquisition.
This acquisition is another step in the company’s
plans of developing sustainable energy and technology solutions for
Data Center operations. With diverse investment and infrastructure
solutions, iMining looks to be an Energy first company enabling the
growth of future technologies and is committed to building a
sustainable and environmentally friendly Energy company of the
future.
For more information, please visit the company’s
website at www.iMining.com, contact Saleem Moosa, Director, at
604-602-4935 or email investor@iMining.com.
About InvestmentPitch Media
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Disclaimer
The information in this InvestmentPitch Media Ltd
video is for the viewers information only. iMining has paid a fee
not exceeding $2,000 in cash to have its current news release
produced in video format. The corporate information is based on
information that is publicly available. Any information provided by
InvestmentPitch Media Ltd., through its media services is not to be
construed as a recommendation or suggestion or offer to buy or sell
securities but is provided solely as an informational media
service. InvestmentPitch Media Ltd makes no warranties or
undertakings as to the accuracy or completeness of this
information. All due diligence should be done by the viewer or
their financial advisor. Investing in securities is speculative and
carries risk.
CONTACT: InvestmentPitch Media Barry Morgan, CFO
bmorgan@investmentpitch.com
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