Mergers & Acquisitions ·
Nu-Med Plus, Inc. closed an acquisition of Avid Gold Ltd., making it a wholly-owned subsidiary
NUMDNu-Med Plus, Inc.
Nu-Med Plus, Inc. closed an acquisition of Avid Gold Ltd., making it a wholly-owned subsidiary. The transaction involved the issuance of 4,500,000 shares of Series A Preferred Stock and the assumption of a $100,000 promissory note. As part of the agreement, the company is seeking shareholder approval for a 1-for-27 reverse stock split, an increase in authorized shares to 500,000,000, and a redomicile from Utah to Nevada. Nu-Med Plus, Inc. operates in the exploration and mining industry.