Cedarmont Capital Corp. and Shiny Bud Inc. announced that, further to the Company’s news release of June 18, 2021, Cedarmont, ShinyBud and Mihi Inc. have entered into a definitive agreement providing for the terms and conditions of the proposed combination of the three companies that will result in a reverse take-over of the Company. In connection with completion of the Transaction, the Company expects to change its name to “ShinyBud Corp.” (or such other name as may be determined by ShinyBud and mihi and is acceptable under applicable laws and to the TSXV. The combined cannabis retailing business of ShinyBud and mihi will continue through the Resulting Issuer.