Sept 20 (Reuters) - Aim Explorations Ltd AXNh.V
* Aim Explorations Ltd enters into a letter of intent with DMG Blockchain Solutions Inc for qualifying transaction
* Aim Explorations Ltd - upon completion of transaction, combined entity will continue business of DMG as a "technology" issuer
* Aim Explorations Ltd - anticipated that board of directors of resulting issuer will consist of up to five directors
* Aim Explorations-to acquire DMG common shares in exchange for 28.5 million shares of resulting issuer based on price of about $0.30/payment share
* Aim Explorations Ltd - common shares of Aim will remain halted until transaction is completed and approved by exchange