Brief: Aumento Capital Vi Says Entered Into Non-Binding Letter Of Intent With Cryptostar Inc To Combine Businesses

CryptoStar

22/12/2017 21:49

Dec 22 (Reuters) - Aumento Capital Vi Corp  AUOp.V : 
    * AUMENTO CAPITAL VI - ENTERED INTO NON-BINDING LETTER OF 
INTENT 
DATED DECE 22, WITH CRYPTOSTAR INC. TO COMBINE BUSINESSES OF TWO 
COMPANIES 
    * AUMENTO CAPITAL VI CORP - PROPOSED TRANSACTION WILL RESULT 
IN A 
REVERSE TAKEOVER OF ACC BY CRYPTOSTAR AND ITS SHAREHOLDERS 
    * AUMENTO CAPITAL VI - CRYPTOSTAR SHALL HAVE COMPLETED 
PRIVATE 
PLACEMENT FOR PROCEEDS OF MINIMUM OF $21.5 MILLION AT AN 
ISSUANCE PRICE PER SHARE OF $0.50 
 
Source text for Eikon:  ID:nCCNLrV8ta  
Further company coverage:  AUOp.V  
 
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