Electric Guitar signs heads of terms for reverse takeover of U.S. energy startup Dunbar
LONDON: Electric Guitar PLC (LSE: ELEG) said Friday it has signed non-binding heads of terms to acquire Dunbar Energy Inc., a newly established U.S.-based energy company, through a reverse takeover transaction. Dunbar, incorporated in Nevada, is focused on powering digital infrastructure, including artificial intelligence and cryptocurrency operations. It aims to convert coal mine methane and…