Nilam Resources to Acquire $1B in Bitcoin Through Mauritius Deal

• Nilam Resources enters LOI to acquire 100% of MindWave, which will hold 24,800 Bitcoin • MindWave is a special purpose entity in Mauritius that will hold digital assets as collateral • Nilam will issue new Preferred Class C shares in exchange for the 24,800 Bitcoin • The deal brings Nilam over $1 billion in digital assets and aligns with its vision for finance • The LOI allows Nilam to work with Xyberdata Ltd, which has experience in fintech partnerships