OTCQX:TAALF - Post by User
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Betteryear2on Apr 05, 2022 6:45pm
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Post# 34578543
TAAL enters into Binding LOI
TAAL enters into Binding LOITORONTO, April 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