Brief: Block One Capital enters definitive agreement to acquire 90 pct of TG12 Ventures

AI Artificial Intelligence Ventures

03/01/2018 08:05

Jan 3 (Reuters) - Block One Capital Inc  BLOK.V : 
    * . ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE 90% OF TG12 
VENTURES INC. 
    * UNDER TERMS OF DEFINITIVE AGREEMENT COMPANY HAS FUNDED 
TG12 FOR 
US$2.9 MILLION 
    * MAY PROVIDE ADDITIONAL FUNDING AS NEEDED BASED ON CERTAIN 
MILESTONES OVER NEXT TWELVE MONTHS 
    * ENTERED INTO A DEFINITIVE AGREEMENT WITH TG12 VENTURES 
INC TO 
ACQUIRE UP TO 90%. 
 
Source text for Eikon:  ID:nGNXOLLKXa  
Further company coverage:  BLOK.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))