Bluesky Digital Assets to Acquire ChessGold Inc. in Share Deal
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Bluesky Digital Assets Corp. has signed a binding letter of intent to acquire all outstanding shares of ChessGold Inc. The deal involves issuing 10 million common shares at $0.10 each to ChessGold shareholders, who will own about 11.84% of the new entity. Additionally, 20 million warrants will be granted to ChessGold's principal, exercisable upon meeting specific milestones. The resulting company will continue ChessGold's current operations.
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