Canadian public company GoverMedia Plus Canada Corp. signed a Memorandum of intent with the cryptocurrency exchange EXMO, which gives it exclusive rights to negotiate the purchase of the latter within 180 days. If the deal goes through, the combined company will continue doing business under the brand EXMO and will be listed on the Canadian stock exchange (CSE). About this ForkLog said the representatives of the marketplace.
The final agreement between GoverMedia and EXMO must include the statements, warranties and contractual commitments, due diligence and receipt of any necessary approvals and approvals, including the requirements of the CSE and shareholders GoverMedia.
“After the successful merger of businesses, the number of clients exceeds 2 million, which is qualitatively reflected in the improved operating and financial performance, and will provide an opportunity to expand business to markets in Europe, North America and Asia”, — said the General Director GoverMedia Roland John. BOPP.
It is also noteworthy that GoverMedia has a subsidiary in Russia — OOO “Govermedia Plus”, the developer of the Internet platform for the needs of small and medium business.
We will remind, earlier EXMO refused to hold ICO.