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Seeking Alpha 2021-12-15 14:02:36

iMining Technologies acquires digital land in the metaverse

iMining Technologies (OTCPK:IBKKF) agrees to buy 1850142 Ontario's assets, which include land in the Decentraland (MANA-USD) Metaverse. The transaction will also provide iMining (OTCPK:IBKKF) with a collection of 16 NFT assets of Crypto Kitties and NBA Top Shots. Specifically, iMining (OTCPK:IBKKF) will acquire assets in consideration of CAD $300K ($233K), and the issuance and delivery of 2.5M common shares of IBKKF at a price of $0.12 per share, the company says. The company is "working with our strategic partners to provide our investors and clients with an end-to-end solution so they can easily participate in the growth of Web3.0 and benefit from it," said iMining President and CEO Khurram Shroff. Previously, (Aug. 17) iMining acquired Validators.

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