MESA, Ariz., Sept. 16, 2010 (GLOBE NEWSWIRE) -- B2 Digital, Inc. (Pink Sheets:BTDG) is pleased to announce its Board of Directors has voted today in favor of accepting an offer of $0.15 a share from a Major Investor Group for all outstanding shares of B2 Digital, Inc., with a closing date to be Oct. 15, 2010.
The offer is contingent upon the investor receiving official proof of the 43-101 claim and the performance of satisfactory due diligence by both companies together with the execution of a final definitive agreement. Firma Gold's estimated reserves of 1.5 million ounces could have an estimated worth of $1,875,000 billion based upon the current price of gold. Shareholders will soon receive the details of the offer.
About B2 Digital
B2 Digital is a technology development company with interests in various media sectors involving the use of B2 Digital's technology development experience, which is dedicated to shareholder value through the acquisition and development of promising 21st century businesses, within the technology sector and outside of the technology sector. More information on B2 Digital can be found at http://www.b2digital.us.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risk and uncertainties, including but not limited to those detailed from time to time in the Company's filings with Pink Sheets.com. Mining projects are subject to numerous risk factors including changing regulations, volatile commodity prices, and other factors that may preclude production should commercially viable reserves be established on a property and exploration plans dependent on funding and approval of any required permits.