Eastern Goldfields, Inc. announces Letter of Intent with Grellner Media Holdings 1, LLC
Eastern Goldfields (OTC: EGDD) has entered into a Letter of Intent (LOI) with Grellner Media Holdings 1, LLC on September 22, 2025. The LOI outlines EGDD's potential acquisition of all outstanding shares of Grellner Media Holdings 1, along with its tangible and intangible assets.
The company emphasizes that this LOI supersedes all previous discussions regarding the acquisition. However, there is no guarantee that the parties will reach final terms to close the transaction. The announcement primarily serves as a preliminary step towards a potential acquisition, with detailed terms and conditions yet to be finalized.
Eastern Goldfields (OTC: EGDD) ha stipulato una lettera di intenti (LOI) con Grellner Media Holdings 1, LLC il 22 settembre 2025. La LOI descrive la possibile acquisizione da parte di EGDD di tutte le azioni in circolazione di Grellner Media Holdings 1, unitamente ai suoi asset tangibili e intangibili.
L'azienda enfatizza che questa LOI sostituisce tutte le discussioni precedenti riguardo all'acquisizione. Tuttavia, non vi è alcuna garanzia che le parti raggiungano i termini finali per chiudere la transazione. L'annuncio serve principalmente come passaggio preliminare verso una potenziale acquisizione, con i termini e le condizioni dettagliati ancora da definire.
EASTERN GOLDFIELDS (OTC: EGDD) ha firmado una Carta de Intención (LOI) con Grellner Media Holdings 1, LLC el 22 de septiembre de 2025. La LOI describe la posible adquisición por parte de EGDD de todas las acciones en circulación de Grellner Media Holdings 1, así como sus activos tangibles e intangibles.
La empresa enfatiza que esta LOI reemplaza todas las conversaciones previas relativas a la adquisición. Sin embargo, no hay garantía de que las partes alcancen términos finales para cerrar la transacción. El anuncio sirve principalmente como un paso preliminar hacia una posible adquisición, con los términos y condiciones detallados aún por finalizar.
Eastern Goldfields (OTC: EGDD)가 2025년 9월 22일 Grellner Media Holdings 1, LLC와 양해각서(LOI)를 체결했습니다. LOI는 EGDD가 Grellner Media Holdings 1의 모든 유통 주식과 유형 자산 및 무형 자산을 인수할 수 있는 가능성을 개략적으로 제시합니다.
회사는 이 LOI가 인수에 관한 이전 모든 논의를 대체한다고 강조합니다. 그러나 양측이 거래를 성사시키기 위한 최종 조건에 도달할 것이라는 보장은 없습니다. 이 발표는 잠재적 인수에 대한 초기 단계로서, 자세한 조건은 아직 확정되지 않았습니다.
Eastern Goldfields (OTC : EGDD) a conclu une lettre d'intention (LOI) avec Grellner Media Holdings 1, LLC le 22 septembre 2025. La LOI prévoit la possibilité qu'EGDD fasse l'acquisition de toutes les actions en circulation de Grellner Media Holdings 1, ainsi que de ses actifs corporels et incorporels.
La société souligne que cette LOI remplace toutes les discussions antérieures concernant l'acquisition. Cependant, il n'y a aucune garantie que les parties parviennent à des termes définitifs pour conclure la transaction. L'annonce sert principalement d'étape préliminaire vers une éventuelle acquisition, les termes et conditions détaillés n'étant pas encore finalisés.
Eastern Goldfields (OTC: EGDD) hat am 22. September 2025 eine Absichtserklärung (LOI) mit Grellner Media Holdings 1, LLC unterzeichnet. Die LOI skizziert EGDDs potenzielle Übernahme aller ausstehenden Aktien von Grellner Media Holdings 1 sowie deren materielle und immaterielle Vermögenswerte.
Das Unternehmen betont, dass diese LOI alle bisherigen Gespräche über die Übernahme ersetzt. Es gibt jedoch keine Garantie, dass die Parteien zu endgültigen Bedingungen gelangen, um die Transaktion abzuschließen. Die Ankündigung dient hauptsächlich als erster Schritt zu einer potenziellen Übernahme, wobei die detaillierten Bedingungen noch festgelegt werden müssen.
Eastern Goldfields (OTC: EGDD) قد أبرمت خطاب نوايا (LOI) مع Grellner Media Holdings 1, LLC في 22 سبتمبر 2025. يوضح خطاب النوايا احتمال قيام EGDD بالاستحواذ على جميع الأسهم القائمة في Grellner Media Holdings 1، مع أصولها الملموسة وغير الملموسة.
تشدد الشركة على أن هذا LOI يحل محل جميع المناقشات السابقة المتعلقة بالاستحواذ. ومع ذلك، لا توجد ضمانات بأن تصل الأطراف إلى شروط نهائية لإغلاق الصفقة. الإعلان يخدم أساساً كخطوة تمهيدية نحو استحواذ محتمل، مع أن الشروط والأحكام التفصيلية لم تُحدد بعد.
Eastern Goldfields (OTC: EGDD) 已于2025年9月22日与 Grellner Media Holdings 1, LLC 签署意向书（LOI）。该 LOI 概述了 EGDD 可能收购 Grellner Media Holdings 1 的所有在外流通股及其有形资产和无形资产。
公司强调该 LOI 取代了此前关于收购的所有讨论。然而，双方最终达成交易条件并成功完成交易并无保证。此次公告主要作为潜在收购的初步步骤，详细条款和条件尚未最终确定。
- Potential expansion through acquisition of Grellner Media Holdings' assets and business
- Strategic move into media sector indicating business diversification efforts
- No guarantee of reaching final terms for the transaction
- Limited disclosure of acquisition terms and valuation
- Company's SEC filings are not up to date according to the PR
BOSTON, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Eastern Goldfields, Inc. (OTC: EGDD) is pleased to announce that the Company has entered a Letter of Intent with Grellner Media Holdings 1, LLC on September 22, 2025.
This Letter of Intent supersedes and replaces our prior discussions and understandings regarding the contemplated acquisition by Eastern Goldfields, Inc., a Nevada corporation, the Purchaser of all the outstanding shares of the capital stock of Grellner Media Holdings 1, LLC incorporated in the State of Oklahoma (the “Seller”), together with all of the tangible and intangible assets and business.
There are no guarantees that the two parties will reach final terms to close the transaction.
Eastern Goldfields, Inc. is a Nevada company trading on OTC Expert Markets as “EGDD”.
Safe Harbor and Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934. Making such forward-looking statements involves substantial risks and uncertainties. Our actual results, performance or achievements may differ materially from those expressed or implied by our forward-looking statements. You can usually identify these statements using forward-looking terminology such as “may,” “could”, “will,” “should,” “expect,” “likely,” “anticipate,” “project,” “estimate,” “potential,” “intend,” “continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us, are inherently uncertain. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. In spite of the difficulties associated with making forward-looking statements, we believe that it is important to communicate our future expectations to our investors even though there may be events in the future that we are not able to predict accurately or control. Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. Factors or events that could cause our actual results to differ may emerge from time to time, for a number of reasons including, without limitation, economic, political, access to capital, competition and other risks discussed in the Company's filings with OTC Markets, including our Annual Report as whereby the Company’s filings are not up to date, which filings are available from OTC Markets. It is not possible for us to predict all these factors or events. We caution you, therefore, not to place undue reliance on any forward-looking statements. We undertake no obligation to update, revise or modify publicly any forward-looking statements, whether as a result of changes in assumptions, new information, future events or otherwise, except as required by law. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those same or other forward-looking statements in the future.
Contact:
J. Michael Johnson
President, Eastern Goldfields, Inc.
Email: infoeasterngoldfields@yahoo.com
FAQ
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