Capexco Inc. entered into a definitive agreement to acquire Arkadia Capital Corp. (TSXV:AKC.H) in a reverse merger transaction on May 1, 2018. Pursuant to the terms of the definitive agreement, Arkadia will consolidate Arkadia shares on a 20 to 1 basis and, after the consolidation but subject to certain conditions, including but not limited to Capexco becoming a reporting issuer, Arkadia and Capexco will amalgamate and continue as one corporation (“Resulting Issuer”). In connection with the transaction, each Arkadia shareholder will receive one resulting issuer at a deemed price of CAD 1.875 each share resulting in the issuance of approximately 0.3 million shares and each Capexco shareholder will receive two resulting issuer shares at a deemed price of CAD 1.875 each resulting in the issuance of approximately 27.3 million shares. The proposed Directors and Officers of the resulting issuer are Trent Claughton, Patti DeDominicis, Dave Hall, John Bowlen and Denny Chow. Trent Claughton will be Director and President, Patti DeDominicis, Dave Hall and John Bowlen will be the Director and Denny Chow will be the Chief Financial Officer and Corporate secretary. The transaction is subject to the approval of a majority of not less than two-thirds of the votes cast by the shareholders of Arkadia and Capexco and not more than 10% of the shareholders of Arkadia and Capexco have exercised their statutory dissent rights in respect of the transaction, conditional approval of listing of the resulting issuer’s shares by the Canadian Securities Exchange. Capexco Inc. cancelled the acquisition of Arkadia Capital Corp. (TSXV:AKC.H) in a reverse merger transaction on May 1, 2019.