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Aida Minerals to acquire blockchain technology company

Aida Minerals Corp. said Oct. 6 that it entered into a nonbinding letter of intent to acquire the entire issued share capital of blockchain technology company 10375977 Canada Inc., doing business as Greenstream, for 7 million shares.

The letter of intent will form the basis of a definitive agreement to be executed by both parties, which is expected by Nov. 1. The transaction is subject to board, shareholder and regulatory approval.