Montana Mining Corp., a public company trading under the symbol MMGC (‘Montana‘) today announced that its wholly owned subsidiary Fitness USA, Inc. has entered into a letter of intent with LA Boxing Franchise Corporation (‘LA Boxing’) to become the exclusive franchisee of LA Boxing for the Beverly Hills/Brentwood area of Los Angeles, California.
LA Boxing is a national operator of distinctive cardio boxing, kick boxing, and mixed martial arts (MMA) health and fitness gyms. The Southern-California based LA Boxing has granted 99 franchises in 19 states and Puerto Rico to date and continues to expand the reach of its program. Montana believes that the anticipated execution of a franchise agreement for the Beverly Hills/Brentwood area is a first step towards capitalizing on opportunities within the health and fitness market that may include additional opportunities with LA Boxing both nationally and internationally. Read more.