December 22, 2017 / 9:59 PM / 6 months ago

BRIEF-Aumento Capital Vi Says Entered Into Non-Binding Letter Of Intent With Cryptostar Inc To Combine Businesses

Dec 22 (Reuters) - Aumento Capital Vi Corp:

* AUMENTO CAPITAL VI - ENTERED INTO NON-BINDING LETTER OF INTENT DATED DECE 22, WITH CRYPTOSTAR INC. TO COMBINE BUSINESSES OF TWO COMPANIES

* AUMENTO CAPITAL VI CORP - PROPOSED TRANSACTION WILL RESULT IN A REVERSE TAKEOVER OF ACC BY CRYPTOSTAR AND ITS SHAREHOLDERS

* AUMENTO CAPITAL VI - CRYPTOSTAR SHALL HAVE COMPLETED PRIVATE PLACEMENT FOR PROCEEDS OF MINIMUM OF $21.5 MILLION AT AN ISSUANCE PRICE PER SHARE OF $0.50 Source text for Eikon: Further company coverage:

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