BioForce NanoSciences Hldgs Inc. (BFNH)

[anthazar]

Virginia Beach, Virginia, June 2, 2021 - Element Global, Inc. (OTC: ELGL) announces that it has entered into Memorandum of Understanding (MOU) with Bioforce Nanosciences Holdings, Inc. (OTCPink:BFNH). This MOU contemplates a proposed transaction between the entities that provides for BFNH to acquire all of the assets controlled by ELGL. The closing of the transaction is subject to due diligence and the execution of a definitive agreement. The parties anticipate closing the transaction as soon as possible.

Merle Ferguson, CEO, Bioforce Nanosciences Holdings states, “We are pleased with the opportunity to build our Company by combining with ELGL, and utilizing BFNH’s public platform to expand on financing capabilities and market performances. We look forward to an expeditious closing.”