X1 Announces LOI to Acquire Manson Bay Property and Appointment of New CEO
VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) — X1 Entertainment Group Inc. (CSE:XONE; OTCQX: XOEEF; FSE: QN9) (“X1” or the “Company”) is pleased to announce that the Company has entered into a non-binding letter of intent dated December 1, 2023 (the “LOI”) with SKRR Exploration Inc. (“SKRR”) which sets out the terms of a proposed transaction (the “Proposed Transaction”) whereby the Company will acquire a 100% legal and beneficial interest in certain mining claims located in Manitoba known as the Manson Bay Project (the “Property”).