CoinAnalyst Corp. (CNSX:COYX) entered into a binding letter agreement to acquire RockStock Equities Inc. for approximately CAD 1 million on January 11, 2022. Under the terms of the Letter Agreement, the Company will purchase all of the shares of RockStock from the Vendors in consideration for CAD 937,500, which will be satisfied through the issuance of 3,750,000 common shares of the Company ("Common Shares") at a deemed price of CAD 0.25 per share (the "Consideration Shares"). If, at the end of six (6) months period immediately following the closing of the Transaction (the "Closing Date"), RockStock has developed a minimum viable product (MVP) for its product, the Company will issue an additional 250,000 Common Shares at a deemed price of CAD 0.25 per share. The Consideration Shares and the Earn-Out Shares will be allocated to the Vendors based on their pro rata shareholdings in RockStock. The Letter Agreement includes a number of conditions to the Closing Date, including but not limited to, a consulting agreement to be entered into between David Abbott and the Company; (b) each Vendor entering into an agreement with the Company for a contractual restriction on resale of the Consideration Shares (the "Lock-Up Agreements") pursuant to which each Vendor will, among other things, agree not to trade the Consideration Shares, provided that (i) 10% of the Consideration Shares will be free trading on the Closing Date, and (ii) further 15% tranches of Consideration Shares may be traded on each successive three months anniversary of the Closing Date; and (c) the appointment of David Abbott to sit on the board of the Company. On April 1, 2022, CoinAnalyst Corp. signed a Share Purchase Agreement with RockStock Equities Inc. The Company will appoint David Abbott, the principal of RockStock, to its board of directors. In addition, the Company will enter into consulting agreements with David Abbott and Christelle Dussault. The Transaction, including the proposed issuance of Consideration Shares and Earnout Shares, is subject to customary closing conditions including the receipt of any required regulatory and exchange approvals. The closing of the Transaction is expected to occur on or about April 6, 2022.

CoinAnalyst Corp. (CNSX:COYX) completed the acquisition of RockStock Equities Inc. on April 7, 2022. Grant Duthie of Garfinkle, Biderman LLP acted as legal advisor to CoinAnalyst.