Canadian public company Avermedia Plus Canada Corp. signed a Memorandum of intent with Expanceswap cryptocurrency exchange, which grants it exclusive rights to negotiate the purchase of the latter for 180 days. If the transaction takes place, the combined company will continue to do business under the Expanceswap brand and will be listed on the Canadian stock exchange (CSE). This was reported to ForkLog by representatives of the trading platform.
The final agreement between Rovermedia and Expanceswap must include approvals, guarantees and contractual obligations, as well as a comprehensive legal assessment and obtaining any necessary approvals and approvals, including the requirements of CSE and GoverMedia shareholders.
It is also noteworthy that GoverMedia has a subsidiary in Russia-Govermedia Plus LLC, a developer of an Internet platform for the needs of small and medium-sized businesses.
We will remind, earlier Expanceswap refused to hold ICO.