Integrated Ventures Inc (INTV)

[spike007]

NEWS for those who missed it ..Integrated Ventures Acquires 199 Revenue Generating GPU Rigs From Secure Hosting, LLC Valued At $868,800

July 11, 2018

INTVCORP

Philadelphia, PA., July 11, 2018 (Via PR Newswire) — Integrated Ventures, Inc. (OTCQB: INTV) ("Company") today announced that it has entered into a Letter Of Intent (“LOI”) with Secure Hosting, LLC (“Seller”) to acquire certain cryptocurrency equipment (“Assets”) consisting of 199 revenue generating GPU based mining rigs.

Pursuant to the LOI, the aggregate consideration for the Assets being acquired, consists of 39,679 Preferred B restricted shares, being issued to the selling shareholders of the Secure Hosting, LLC. Both parties intend to sign an Asset Purchase Agreement (“APA”) no later then July 30, 2018.

The mining rigs are as follow:

131 BitWorks (240 mhs) - Powered By 8 X AMD RX570 GPUs (valued at $392,869)

68 BitWorks (375 mhs) - Powered By 8 X NVIDIA P102 GPUs (valued at $475,932)