Nashville, TN, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Bullion Consortium Inc. in association with LIG Assets, Inc. (OTC:LIGA), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets, has signed a letter of intent to acquire a 25-year old construction company that has been producing an average of $100-200 million in annualized sales since 2018.
Bullion has recently announced they have formed a 506 D Private Placement offering to raise growth operating capital for their initial acquisitions. In addition, Bullion is currently negotiating to acquire a SPAC and several other public companies to merge one of several Real Estate construction and technology companies they are currently contracting to acquire.
"Bullion Consortium has given us an opportunity to raise funds and create other opportunities to raise considerable amounts of money to acquire these companies without any massive dilution to shareholders," Marvin Baker continued, "I will be meeting with the CEO next week to work towards a definitive agreement to secure this deal, and I am excited to announce that I will be attending several Sustainable Home Building Conferences in the US and will be meeting with the principals of numerous construction company partners to discuss Bullion's Merger and Acquisition plans."
Recently LIG Assets announced signing a Sales Representative Agreement for Tennessee and Alabama for Insultex ...
LIGA) Signs LOI to Purchase Construction Companies>Full story available on Benzinga.com