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Integrated Ventures Announces Signing of Letter of Intent to Acquire 80 MW Power Plant For 39 Millio

PHILADELPHIA, March 18, 2019 / PRNewswire/ - Integrated Ventures Inc (OTCQB: INTV) (“Company”) is pleased to announce the execution of a Letter of Intent (“LOI”) to acquire a fully permitted and currently idled, 80 MW natural gas-fired combined heat and power plant (“Power Plant”), located in Pennsylvania. In consideration for the acquisition, the Company is issuing $39 million of INTV common stock, valued at the 60-day trailing VWAP, from the signing of the Definitive Agreements. The transaction is comprised of (i) the Power Plant which is capable of generating power at an estimated cost $0.03 per kwh (*) and (ii) approximately 16 acres of land which allows for the Power Plant and mining fa

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