Wednesday, May 29, 2013 10:51:42 PM
ID Global Corporation Executes Letter of Intent with Yorkville Advisors
Hinsdale, Illinois– May 29, 2013 – ID Global Corporation (OTC: IDGC) a diversified holdings
company with a focus on emerging and middle market investment opportunities in North America, today
announces Letter of Intent which contemplates an Exchange of capital stock and Secured Debt of
IDGlobal Corp. for all of the outstanding membership interests of Mountain Hawk Energy, LLC
Adhering to the company’s new business strategy the advisory board recommended a defintive
agreement on or before June 30 2013.
Sebastien DuFort, president and CEO stated “Anytime a company can acquire an income producing
asset such as Mountain Hawk Energy, LLC, with an independent valuation of 7 million US Dollars as of
12/31/12, it is an exciting start to our portfolio of companies.”
About Yorkville Advisors
Yorkville Advisors is a USbased
alternative investment manager. Over the last decade, Mark Angelo, President of
Yorkville, has been specializing in providing flexible, innovative debt and equity investments and financing to
publicly listed companies in a variety of sectors including mining, oil & gas, healthcare, real estate, manufacturing
& shipping and technology.
Yorkville tailors its transactions on an investment by investment basis, which may include debt and equity
investments, bridge financings, assetbacked
or SEDAbacked
notes, equity facilities and, straight equity
participation.
Yorkville has offices in New Jersey and London.
About Mountain Hawk Energy, LLC
Formed in January 2010, Mountain Hawk Energy is an energy company focused in the acquisition,
exploration and development of coal bed methane properties in Wyoming's Powder River Basin and
currently operating 42 producing natural gas wells, on 6760 acres. Mountain Hawk Energy is indirectly
owned by a Yorkville Advisors’ managed fund, YA Global Investments, L.P.
Contact:
Sebastien Dufort, CEO
ID Global Coporation
Tel: 630.532.3625
Website: www.idglobalcorp.
com
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