Aquarius AI Inc. (TSXV:AQUA) entered into a definitive agreement to acquire a 75% stake in Podkast Entertainment Corp. for CAD 2.8 million on June 28, 2021. As part of consideration, Aquarius AI Inc. will exchange approximately 24.2 million common shares, representing approximately 32% of the Common Shares that will be issued and outstanding as of closing of the Acquisition. In conjunction with the Acquisition, Podkast's Chief Executive Officer, Owen Sagness will be joining the Aquarius as Manager of Talent Acquisition. The closing of the Acquisition is subject to a number of conditions including the satisfactory completion of due diligence and satisfaction of other customary closing conditions. Deepak Gill of Cassels Brock & Blackwell LLP acted as a legal advisor for Aquarius AI Inc. Aquarius AI Inc. (TSXV:AQUA) completed the acquisition of 83% stake in Podkast Entertainment Corp. for CAD 3.1 million on June 28, 2021. As part of consideration, Aquarius AI Inc. will exchange approximately 28.6 million common shares, representing approximately 36% of the Common Shares that will be issued and outstanding as of closing of the Acquisition. Upon completion of the transaction, Podkast became a wholly-owned subsidiary of Aquarius. Aquarius will integrate its technology to support Podkast’s subscription platform technology and NFT creation ability to facilitate the sale of audio, video and music content. As of December 31, 2020, Podkast recorded revenue of CAD 0.42 million, net liability of CAD 0.24 million, revenue of CAD 0.33 million. Smythe LLP provided auditor's report on financials of Podkast.