Integrated Ventures, Inc. (OTCMKTS: INTV) to sell stocks and warrants for 30 cents.

Integrated Ventures, Inc. announces the price of a registered direct offer of $ 9.0 million.

Integrated Ventures, Inc. (OTCQB: INTV) announced that it has entered into a securities purchase agreement with certain institutional investors to purchase approximately $ 9.0 million of its common shares and warrants in a direct offering recorded.

According to the release of the company has agreed to sell approximately 30.0 million common shares and warrants to purchase approximately 30.0 million common shares.

The warrants will be exercisable immediately on the issue date and will have an exercise price of $ 0.30 per share. The warrants will expire 5 years from the date of issue. The purchase price of a common share and a corresponding warrant will be $ 0.30. The gross proceeds to the Company from the registered direct offer are estimated to be approximately $ 9.0 million before the deduction of placement agent fees and other estimated offering expenses.

According to form 424 (b) (5) the proceeds must be 8,460,000 after the placement fee but before certain additional costs associated with the offering.

Integrated Ventures, Inc. is a technology holding company specializing in hosting, Blockchain application development, and cryptocurrency mining.

Market action
INTV traded 1,918,369 shares on Thursday April 1, closing 0.0029 or just under 1%. Volume was below its 10-day average of 2.6 million, the 20-day average of 2.9 million, and the 60-day average of 5.6 million shares per day. The pivot points to watch are 0.4066, 4332 and 0.4831 on the upside and 0.3667, 0.3334 and 0.2835 on the downside.

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