CA - iMining Technologies buys power plants with 90MW capacity

• iMining Technologies ( OTCPK:IBKKF ) (TSXV: IMIN) said Thursday it entered into a letter of intent to acquire certain power plants with total power generation capacity of 90MW.
• Other terms of the acquisition were not disclosed.
• The company said it will announce financing plans around the projects prior to completion of the acquisition.
• The company said the project has existing agreements with the Ontario Grid and supplies energy to the grid during "highly profitable periods".

For further details see: