09:32 AM EST - Block One Capital Inc. : Announced that it has entered into a binding term sheet to acquire up to 40% of London, UK based OMMAT LTD. OMMAT is a blockchain based, patented fintech solution aimed at democratizing the purchase and protection of natural capital such as rainforests. OMMAT has previously been featured in Forbes magazine: http://bit.ly/2DbBW5B. Pursuant to the Term Sheet, the Company is to invest US$500,000 into the operations of OMAAT. Block One and OMAAT intend to enter into a definitive agreement to set out the terms and conditions of the acquisition. Block One Capital Inc.
shares V.BLOK are trading up 1 cent at $0.95.
