Antares Gaming Corp. entered into a letter of intent to acquire Farstarcap Investment Corp. (TSXV:FRS.P) in a reverse merger transaction on March 26, 2021. Antares Gaming Corp. entered into a merger agreement to acquire Farstarcap Investment Corp. in a reverse merger transaction on April 21, 2021. As part of consideration, shareholders of Antares will receive one post-consolidation Farstarcap common share for each one post subdivision Antares common share. Prior to completion, Farstarcap will consolidate the issued and outstanding Farstarcap common shares on a basis of 3.2839 pre-consolidation Farstarcap common shares for one post-consolidation Farstarcap common share and the common shares in the capital of Antares will be subdivided on the basis of 0.152 pre-subdivision Antares common shares for 1 post-subdivision Antares common share. Upon completion, existing security holders of Antares will own a majority of the issued and outstanding common shares in the capital of Farstarcap. Concurrently, Antares entered into a brokered private placement for gross proceeds of CAD 5 million through the offering of securities at an issue price of CAD 0.60. Upon completion, Farstarcap Investment Corp. will be renamed as “Antares Gaming Corp.” The transaction closing is subjected to satisfactory due diligence review, execution of definitive agreement, approval by the boards of directors of each of Farstarcap and Antares, approval of the shareholders of Antares, obtaining necessary third party approvals, acceptance by TSXV, consummation of the private placement, completion of subdivision of Antares shares and completion of share consolidation of Farstarcap. Antares Gaming Corp. cancelled the acquisition of Farstarcap Investment Corp. (TSXV:FRS.P) in a reverse merger transaction on September 27, 2021. Antares and Farstarcap have mutually agreed to terminate the proposed qualifying transaction.