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February 14 2024 - 9:32AM
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FOXO Technologies Inc. (NYSE American: FOXO) (the “Company”), today announced it has entered into a non-binding agreement (“Agreement”) for a proposed merger with M2i Global, Inc. (“M2i,”) (OTC: MTWO), which specializes in the development and execution of a complete global value supply chain for critical minerals for the U.S. government and U.S. free trade partners, as well as creating a strategic mineral reserve in partnership with the U.S. Federal Government.
Mark White, Interim CEO of FOXO Technologies, “We could not be more excited to advance this potential merger transaction with M2i, whose board and management team bring extensive experience, knowledge, resources and relationships around the world in developing efficient supply chains and securing mineral reserves to help protect the national interests of the U.S. Importantly, M2i’s management has impressive track records driving significant value for shareholders, including M2i’s Executive Chairman Doug Cole, who orchestrated a successful turnaround of American Battery Metals Corporation. Moreover, we look forward to leveraging the artificial intelligence developed by FOXO Technologies in partnership with Kr8, to help accelerate M2i’s aggressive growth strategy, including automation tools to be embedded within the industrial supply chains, as well as enhancing M2i’s operational efficiency.”
Minerals Metals Initiative (M2i) is a leader in engineering research and services, dedicated to ensuring the U.S. maintains a stable supply of critical materials for national defense and economic security. M2i aims to build a comprehensive global supply chain for critical minerals, in collaboration with the U.S. Federal Government and international partners, addressing the global shortage outside China and seizing the economic opportunity to meet increasing demand. M2i's mission is to unite expertise from government, industry, non-profits, and academia to secure guaranteed access to essential minerals and metals pivotal for national defense and economic security.
For more information on M2i Global, Inc., please visit: https://www.m2i.global
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