Integrated Ventures, Inc. announced that it expects to receive $0.75 million in funding from St. George Investments, LLC
January 18, 2018
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Integrated Ventures, Inc. (OTCPK:INTV announced that it has entered into a security purchase agreement with for private placement of 462,900 shares at a price of $1.62 per share for the gross proceeds of $749,898 on January 19, 2018. The company will issue warrants to purchase 347,175 common shares at an exercise price of $2.16 per share for a period of three years from the date of closing. The securities issued are restricted for transfer. The company will issue securities pursuant to exemption provided under Regulation D.
Integrated Ventures, Inc. is a diversified holdings company, which develops, acquires, operates, and invests in businesses, focused on e-commerce, entertainment, information technology, data center design and cryptocurrency mining. The Company focuses on blockchain applications, information technology, cryptocurrency mining which includes mining, design, management, and operation of the data centers and power plants. Its operations include consist of cryptocurrency mining and retail sales of the mining equipment.