sur Fuse Battery Metals Inc. (CVE:FUSE)
Fuse Battery Metals to Acquire Pointor AI in Strategic Move
Fuse Battery Metals Inc., based in Coquitlam, BC, has signed a binding letter of intent with Pointor AI for a significant acquisition. Fuse aims to acquire all of Pointor AI's shares through a strategic three-cornered amalgamation. This move marks a potential reverse take-over for Fuse, shifting its business from mineral exploration to AI technology.
Pointor AI, established in 2025 in London, specializes in AI-driven recruitment technology. The platform promises to cut hiring times by 80% and reduce costs by up to 90%. With a dual revenue model targeting large enterprises, Pointor AI plans to expand from the UK and North America to the EU and Asia within three years.
The transaction involves issuing 50 million Fuse shares, subject to shareholder approval and other conditions. Following completion, Fuse will shift focus under new management led by Pointor AI's executives. The deal underscores a strategic pivot towards AI, aligning with global market trends.
R. P.
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