iMD Companies (OTC: ICBU) is in advanced due diligence for a mining acquisition and active negotiations for a medical health company, aiming to boost growth andiMD Companies (OTC: ICBU) is in advanced due diligence for a mining acquisition and active negotiations for a medical health company, aiming to boost growth and

iMD Companies in Advanced Due Diligence for Mining Acquisition, Also Negotiating Medical Health Purchase

2026/06/18 20:30
2 min read
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iMD Companies, Inc. (OTC: ICBU) announced Wednesday it is in the advanced due diligence phase to acquire a company in the mining sector and is actively negotiating to purchase a medical health company. These parallel moves align with the company’s strategy of acquiring revenue-generating businesses in established and high-potential industries, according to a press release.

The mining target represents continued expansion in natural resources, while the medical health acquisition would further strengthen iMD’s presence in the healthcare sector. The company expects to complete due diligence and negotiations in the coming weeks and will provide further updates as material developments occur.

iMD Companies is a Florida corporation focused on strategic acquisitions and growth across the mining, medical/health, and technology sectors. The company seeks to build shareholder value through targeted acquisitions in industries with strong fundamentals and long-term demand.

“These potential acquisitions reflect our disciplined approach to identifying assets that can deliver long-term value and sustainable growth for our shareholders,” said Richard Wilson, CEO of iMD Companies, Inc., in the release. The company has not disclosed the names of the target companies or the financial terms of the potential deals.

The announcement comes as iMD continues to trade on the OTC Markets under the ticker ICBU. The company maintains a website at imdcompaniesinc.com and provides updates via its X account (@imd_inc).

The dual-track approach underscores iMD’s ambition to diversify its portfolio across sectors that are currently experiencing robust demand. Mining and medical health are both capital-intensive industries with significant barriers to entry, but iMD believes its disciplined acquisition strategy can unlock value for shareholders.

Forward-looking statements in the release caution that actual results may differ materially due to risks and uncertainties. The company undertakes no obligation to update forward-looking statements beyond the date of the release.

The potential acquisitions would mark a significant step for iMD as it seeks to expand its footprint in both natural resources and healthcare, two sectors that have shown resilience and growth potential. Investors will be watching for further details as the due diligence and negotiations progress.

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The post iMD Companies in Advanced Due Diligence for Mining Acquisition, Also Negotiating Medical Health Purchase appeared first on citybuzz.

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