MESA, Ariz., Sept. 17, 2010 (GLOBE NEWSWIRE) -- B2 Digital, Inc. (Pink Sheets:BTDG) has been informed today that the $0.15 offer received from Sino-Can Industrial Holdings Group Ltd. is being amended to $0.04 per share to reflect current market conditions.
The Board of Directors of B2 Digital, Inc. will be meeting this weekend to consider this amended offer from Sino-Can Industrial Holdings Group Ltd.
On September 16, 2010, B2 Digital announced its Board of Directors unanimously approved a resolution to accept an offer of $0.15 a share for all outstanding shares of B2 Digital, Inc. The offer is contingent on Sino-Can Industrial Holdings Group Ltd. receiving official proof of the 43-101 claim and the performance of mutually satisfactory due diligence.
About B2 Digital
B2 Digital is dedicated to seeking acquisitions and joint ventures within the resource sector and in particular mining properties that contain gold and silver reserves. Management of its subsidiary has many years of experience in the exploration and operations of mining assets. B2 Digital is currently in the process of divesting itself of some of its technology assets. More information on B2 Digital can be found at: .
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 to certain risk and uncertainties, including but not limited to those detailed from time to time in the Company's filings with PinkSheets.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.
CONTACT: Atlanta Capital Partners, LLC For B2 Digital David Kugelman 866-692-6847