Rebel Capital Inc. announced it has entered into a binding amended letter of intent dated June 14, 2018 with Spektra Drilling Canada Inc. The proposed New Board Members are expected to be Kerem Usenmez, Agah Levent Okay, Stephen Jakob, Priya Patil and John Ryan. Subject to TSXV approval, on completion of the Transaction, it is currently anticipated that the board of directors of the Resulting Issuer will consist of the following five directors and the management of the Resulting Issuer will consist of Kerem Usenmez and Mario Miranda. Mr. Usenmez has over 18 years of technical, management and business experiences with drilling, mining and consulting companies. Mr. Miranda has over 20 years of experiences in financial planning, M&A and financing for public companies. Mr. Okay is the founder of Spektra Jeotek A.S. (the parent company of Spektra) and has over 35 years of experience in the drilling industry, managing operations, drill companies, and geotechnical studies. Mr. Jakob is a founder of Osprey Capital Partners and Former Partner at Gordon Capital, with experience in investment banking. He is a former board member of West Red Lake Gold. Ms. Patil has over 20 years of senior executive leadership experience in building, leading, operating and streamlining financial service businesses relating to public capital markets and private institutional financing as an investment banker and finance attorney. She was most recently the Head of Global Diversified Industries at the Toronto Stock Exchange. In this role, she primarily advised corporate boards and management teams as well as pension funds, sovereign wealth funds, and private equity funds on IPO strategies for their investee companies. John A. Ryan CPA, CGA has over 35 years of corporate and financial management experience. Mr. Ryan is President of Spruce Ridge Resources Ltd. and CFO of Jourdan Resources Corp. and Sokoman Iron Corp. He also serves as a Director of other public and private companies.