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Capricorn Business Acquisitions Inc. Announces Qualifying Transaction with Bitcoin Mining Company, Canada Computational Unlimited Inc.


Capricorn Business Acquisitions Inc. Announces Qualifying Transaction with Bitcoin Mining Company, Canada Computational Unlimited Inc.
Company or
(the
CCU.ai ), a bitcoin mining center located in the Province of Québec, Canada.
The Agreement outlines the principal terms and conditions which will result in a reverse takeover of Capricorn by CCU.ai (the
Transaction ). As a condition precedent to the Transaction, CCU.ai will carry out a non-brokered private placement by way of the issuance of subscription receipts (
Subscription Receipts ) for gross proceeds of at least $3,450,000 (the
Concurrent Financing ).
Capricorn is a Capital Pool Company currently trading on the NEX board of the TSX Venture Exchange (the ....

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