iMining Blockchain and Cryptocurrency Inc. (TSXV:IMIN) signed a letter of intent to acquire Four Silver and Five Gold Properties in New South Wales of RooGold Limited for CAD 1.5 million on October 12, 2020. Under the terms of the transaction, iMining will pay a refundable deposit of CAD 0.15 million and issue a 20 million post-consolidated common shares to RooGold. The transaction is subject to a number of conditions precedent, including due diligence investigations, negotiation of a definitive agreement with RooGold, raising of sufficient funds and shareholders’ and TSXV approvals and the completion of a NI-43-101 technical report. iMining Blockchain and Cryptocurrency Inc. (TSXV:IMIN) cancelled the acquisition of Four Silver and Five Gold Properties in New South Wales of RooGold Limited on January 11, 2021.