Rossiter Mining Corp.signed a letter of intent to acquire Agritek Holdings, Inc. (OTCPK:AGTK) on May 28, 2019. Pursuant to the terms of the letter of intent, Rossiter shall acquire 100% of the assets of Agritek through either the acquisition of all outstanding common and preferred stock of Agritek or the transfer, for equity consideration of Rossiter, of certain real property assets of Agritek. Such assets shall include, but not be limited to deed and title to 80 acres of real property in Pueblo, Colorado including water and mineral rights zoned for Hemp or cannabis cultivation with license and grow pods. Option to purchase up to an additional 900 adjacent acres, Fifteen-thousand square foot building with cultivation and manufacturing licenses in San Juan, Puerto Rico with five-year operations agreement with 30% equity participation on all Agritek branded edibles and products, Colorado Hemp license for unlimited cultivation, production and manufacturing of Hemp within the state of Colorado, 100% rights to IP, Formulations and registered marks of BRANDS “CHILLO”, “MD VAPES”, “CALIFORNIA PREMIUMS” which include both CBD and THC products of edibles, pre-rolls and vape products sold in Colorado, California, Puerto Rico and Five year operations and management agreement for 50% of revenue of bed and breakfast property located in Quebec, Canada “26 Rue King” which has been marketed as Canada’s first 420 cannabis friendly resort property including existing contracts with Expedia, Air B&B, Booking.com and Canadian partners. Both Agritek and Rossiter will use their respective best efforts to satisfy all of the conditions contained herein, and to cooperate in furnishing all of the other information as is necessary or advisable to assist in effecting the transaction. Rossiter will receive a minimum of $0.1 million, either by way of a non-refundable payment or by way of a Private Placement of common shares at a price of $0.2/share. Following which, the parties will proceed promptly and in good faith to prepare and execute the acquisition/asset purchase agreement, as well as an acquisition of AGTK assets which shall include the above listed assets.