Fuse Battery Metals Reverse Take Over with Pointor AI
Sector: Energy Storage • Location: Coquitlam, British Columbia, Canada
Source: Investing News Network
Fuse Battery Metals Inc. is undertaking a Reverse Take Over (RTO) transaction with Pointor AI, transitioning from a Tier 2 Mining Exploration Company to a Tier 2 Technology Company. The transaction involves the issuance of 50,000,000 common shares to acquire Pointor AI, along with a CAD$2.0 million private placement financing. The shares issued will be subject to performance escrow conditions base
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Fuse Battery Metals Inc. is undertaking a Reverse Take Over (RTO) transaction with Pointor AI, transitioning from a Tier 2 Mining Exploration Company to a Tier 2 Technology Company. The transaction involves the issuance of 50,000,000 common shares to acquire Pointor AI, along with a CAD$2.0 million private placement financing. The shares issued will be subject to performance escrow conditions based on milestones related to product development and sales revenue. The company also plans a private placement of subscription receipts for up to CAD$2.0 million at CAD$0.05 per receipt, converting to common shares upon closing. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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Article Published Date | Obfuscated Data |