International CuMo Mining Corporation signed a non-binding term sheet to acquire Joway Health Industries Group Inc. (OTCPK:GTVI) in a reverse merger transaction on September 20, 2022. The transaction will involve no cash consideration. Current owners of GTVIwill retain a 9.9% stake in the merged company, with ICMC holding the balance.

By virtue of the merger, ICMC is now trading on the OTC Pink market under the symbol GTV. Joway's name will be changed to Idaho Copper Corporation, and a new trading symbol will be secured. The merged company will be managed by ICMC's existing management team, and ICMC has appointed all of its directors to the Board of Directors of the merged company.

Newbridge Securities acted as financial advisor to International CuMo Mining Corporation.