International Bethlehem Mining Corp. Announces Non-Binding Letter of Intent for Proposed Business Combination with Predxion Media

Executive Summary

• International Bethlehem Mining Corp. (IBC) has entered into a non‑binding LOI with Predxion Media to pursue a business combination that would likely be structured as a reverse takeover on the TSX Venture Exchange.
• The proposed transaction would shift IBC from mining to an AI‑driven media and data platform, reconstituting the board and management to include Predxion nominees (e.g., Tyler Ervin).
• Completion is subject to due diligence, definitive agreements, regulatory/TSXV approvals and possible financing; trading of IBC shares will remain halted until the transaction closes.

Key Details

• LOI Date: January 9 2026 (non‑binding).
• Target Company: Predxion Media, Inc., a Delaware‑incorporated AI‑driven media intelligence and data platform.
• Proposed Structure: Share exchange, merger or alternative structure resulting in Predxion Media becoming the operating business of the combined entity; anticipated to be a reverse takeover under TSXV policies.
• Strategic Rationale:
• Entry into an AI‑enabled advertising technology platform with unique real‑world data inputs.
• Ability to execute scalable, tech‑light acquisitions of regional agencies.
• Potential valuation arbitrage by converting service revenue to higher‑margin platform revenue.
• Defined post‑listing growth roadmap (acquisitions, platform expansion).
• Board & Management Changes: Reconstitution of IBC’s board and management to include Predxion nominees, notably Tyler Ervin (Managing Director, Predxion Media) as a director.
• Financing: A concurrent or subsequent financing is anticipated to fund acquisitions, platform expansion, and working capital; terms will be set based on market conditions at the time of financing.
• Regulatory & Shareholder Approvals: Transaction requires customary due diligence, definitive documentation, TSXV approval, and any required shareholder approvals.
• Trading Halt: IBC’s common shares remain halted and are not expected to resume trading until the transaction is completed or TSXV permits resumption.
• Previous Deal: The earlier proposed transaction with InGreen Systems Corp. expired on December 31 2024.

Notable Quotes

“The Transaction represents a compelling opportunity to transition into a technology‑enabled media and data platform business aligned with strong global tailwinds supporting AI adoption, marketing automation, and data‑driven decision making.” – Peter Berdusco, President & CEO, International Bethlehem Mining Corp.