$BRLL Barrel Energy Announces Entry into Share Pur
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LAS VEGAS, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Barrel Energy Inc. (the “Company” or “Barrel”) (OTC: BRLL) is pleased to announce the execution of a Share Purchase Agreement (“SPA”) with Flote App Inc. (“Flote”), the designers of advance social media, virtual reality, and crypto coins platforms.
In consideration of the share purchase agreement, Barrel’s per-share purchase price is based upon specific pre-market valuations of Flote and the Company will be entitled to acquire an aggregate of 45% equity into the cutting-edge company by way of two-tiered tranches.
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