Integrated Ventures Receives $750,000 Equity Investment

1/23/18

Integrated Ventures, Inc (OTCQB: INTV) is pleased to announce today that it has received $750,000 Equity Investment from an Institutional Investor.

The Company had agreed to issue:

  • 462,900 - Common Shares (restricted)
  • 347,175 – Stock Warrants.

The use of proceeds for this funding round as follows:

  • to purchase mining rigs and related equipment from Bitmain Technologies
  • to fund a security deposit for the purchase of Commercial Real Estate
  • to initiate the development of the LoanFunder.

Steve Rubakh, Integrated Ventures, CEO adds the following commentary: "This Equity Investment replaces a Term Sheet that was signed on 12/21/2017. The management team had decided to move forward with this funding instrument due to the following reasons: (1) it keeps our balance sheet debt free, (2) it offers all-in-one cash infusion vs multiple funding rounds, (3) it eliminates need to file S1, which usually takes 60 to 90 days to became effective and saves $25,000 in legal expenses, (4) it provides a non-dilutive structure of this transaction and (5) it allows the Company to place the purchase order for mining equipment and commercial real estate. Today's announcement reinforces our solid financial position, eliminates the need to issue any debt and represents a well timed opportunity to expand our operations."

About Integrated Ventures Inc:

Integrated Ventures is focused on acquiring, launching and operating companies in the cryptocurrency sector: (1) digital currency mining ("BitcoLab"), (2) sales and manufacturing of mining rigs and related equipment ("Nemesis") and (3) blockchain software development ("LoanFunder").

For more details, please visit www.integratedventuresinc.com and www.bitcolab.com.

***About Cryptocurrency Investments & Risks***

Integrated Ventures urges all current and potential investors to visit: (1) SEC website: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11, (2) NASAA website: http://www.nasaa.org/44073/nasaa-reminds-investors-approach-cryptocurrencies-initial-coin-offerings-cryptocurrency-related-investment-products-caution/ and (3) FINRA website: https://www.finra.org/investors/highlights/dont-fall-cryptocurrency-related-stock-scams to understand all potential risks involved in cryptocurrency investing.