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Snowy Owl Gold ( (TSE:TNJ) ) has provided an update.
Boba Mint Holdings Ltd. has announced its intention to acquire the remaining 50% equity interest in Werd Studios Inc., a blockchain/crypto gaming company, from its CEO and founder, Andrew Shore. This acquisition, valued at $1,400,000 and payable through the issuance of 7,000,000 common shares of Boba, aims to fully integrate Werd Studios into Boba’s operations, leveraging shared resources to drive growth and innovation in the blockchain gaming industry. The transaction is subject to regulatory approvals and the completion of Werd Studios’ acquisition of an interest in Amino Rewards. The move is expected to strengthen Boba’s market position and may lead to a corporate name change to incorporate the Werd Studios brand.
More about Snowy Owl Gold
Boba Mint Holdings Ltd. is a forward-thinking blockchain gaming and digital innovation company, dedicated to advancing mobile technology, entertainment, and the Web3 space. The company is actively involved in strategic investments within the AI and blockchain sectors, including Cherry Labs’ Telegram-based bot ecosystem.
Average Trading Volume: 178,915
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$14.61M
For a thorough assessment of TNJ stock, go to TipRanks’ Stock Analysis page.