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Bullboard - Stock Discussion Forum Taal Distributed Information Technologies Inc TAALF

Taal Distributed Information Technologies Inc delivers value-added blockchain services providing professional-grade highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the BitcoinSV platform and developing operating and managing distributed computing systems for enterprise users. The companys business can be... see more

OTCQX:TAALF - Post Discussion

Taal Distributed Information Technologies Inc > TAAL enters into Binding LOI
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Post by Betteryear2 on Apr 05, 2022 6:45pm

TAAL enters into Binding LOI

TORONTOApril 5, 2022 /CNW/ - TAAL Distributed Information Technologies Inc. (CSE:TAAL) (FWB: 9SQ1) (OTC:TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, today announces that it has signed a binding letter of intent ("LOI") to sell (the "Sale") all of the shares of Chief Fuels Inc. ("Chief Fuels") to a third-party (the "Purchaser") for an aggregate cash purchase price of US$24 million (the "Purchase Price"), payable in instalments and subject to customary adjustments.

https://www.newswire.ca/en/releases/archive/April2022/05/c8750.html
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