iMining to Accquire CanETH

iMining Blockchain and Cryptocurrency Inc.
Toronto Stock Exchange TSXV:IMIN
Frankfurt Stock Exchange P1A:FRA

iMining to acquire CanETH Staking Services for $2m

Vancouver, British Columbia–(Newsfile Corp. – February 3, 2021) – iMining Blockchain and Cryptocurrency Inc. (TSXV: IMIN) (the “Company” or “iMining“) is pleased to announce that it has entered into a letter agreement dated February 2, 2021 (the “Letter Agreement“), with CanETH Staking Services Inc., a private Ontario corporation (“CanETH“), to acquire all the issued and outstanding securities of CanETH (the “Acquisition“). The final structure of the Acquisition is subject to receipt of final tax, corporate and securities law advice for both iMining and CanETH. In addition, the Acquisition is subject to TSX Venture Exchange (“TSXV“) approval.