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FG Nexus Signs Non-Binding Letter of Intent to Sell Quebec Property
Globenewswire·2025-10-22 11:30

Charlotte, NC, Oct. 22, 2025 (GLOBE NEWSWIRE) -- FG Nexus (Nasdaq: FGNX, FGNXP) (the "Company" or "FG Nexus”), today announced that it has signed a non-binding letter of intent to sell its Quebec property for $10 million. Following repayment of the existing mortgage, the transaction is expected to generate approximately $8 million in net pretax proceeds. "This sale sharpens our focus on becoming the dominant corporate stakeholder of ETH and provides additional cash resources to repurchase shares of FGNX in ...