Yaterra Ventures Corp. (OTCPK:YTRV) entered into a share exchange agreement to acquire Mining Global, Inc. for $4000 on June 6, 2014. Under the terms of the agreement, 10 million common shares of Yaterra will be distributed to the shareholders of Mining Global.

Upon closing, Yaterra Ventures shall assume liabilities of Mining Global. Post-acquisition, management team of Mining Global, Inc. shall control the management team of Yaterra Ventures. Following the closing, Yaterra Ventures will change its name to Mining Global, Inc. The agreement may be terminated prior to the effective time by the mutual consent of Mining Global and Yaterra Ventures under certain circumstances.

The transaction is subject to approval by Yaterra Ventures and Mining Global's Board of Directors and consents by their respective lenders and other third parties, consummation of satisfactory due diligence, execution and delivery of all transaction documents and others. The transaction has been approved unanimously by the Board of Directors and majority shareholders of both Yaterra Ventures and Mining Global on June 6, 2014. The transaction is expected to be completed within 3 business days following the satisfaction or written waiver of the conditions to closing.

The closing is expected to occur not later than July 31, 2014.