Brief: Sos Ltd Enters Into A Non-Binding Letter Of Intent To Acquire The Majority Equity Interest Of Three US-Based Power Plants

Sos

12/04/2021 14:28

April 12 (Reuters) - Sos Ltd  SOS.N :
    * SOS LTD. ENTERS INTO A NON-BINDING LETTER OF INTENT TO
ACQUIRE
THE MAJORITY EQUITY INTEREST OF THREE US-BASED POWER PLANTS
AIMING TO EXPAND ITS CRYPTO-MINING OPERATIONS INTO NORTH AMERICA
    * SOS LTD - INTENDS TO ACQUIRE MORE THAN 51% OF MEMBERSHIP
INTERESTS OF SHERMAN DEVELOPMENT LLC, NIAGARA DEVELOPMENT LLC
AND PARK FALLS MANAGEMENT LLC
    * SOS -  INTENDS TO BUILD U.S. DIGITAL MINING SITE TO HOST
SOS
MINING OPERATIONS AND POTENTIALLY OTHER MINERS

Source text for Eikon:  ID:nPn98nkzGa 
Further company coverage:  SOS.N 

 ((Reuters.Briefs@thomsonreuters.com;))