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Monday, 05/07/2018 10:18:50 AM

Monday, May 07, 2018 10:18:50 AM

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$ATVK Latest News! Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution



ATVK - Ameritek Ventures Inc.



Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution

LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has executed a binding term sheet on a private debenture financing that is expected to result in net proceeds of $16 million to Ameritek. The agreement includes provisions for the establishment of licensing agreements across multiple global jurisdictions that would provide additional capital from licensing fees to accelerate Ameritek’s commercial strategy.

https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html

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