Halo Collective Inc. (OTCPK:HCAN.F) entered into a share exchange agreement to acquire 1285826 B.C. Ltd. from 1337617 B.C. Ltd., 1253540 B.C. Ltd. and NKG Investments Ltd. for CAD 8.8 million on January 11, 2022. In consideration for all the issued and outstanding shares of H2C, Halo has agreed to issue 7,538,462 common shares in the capital of Halo ("Common Shares"). Halo has also agreed to issue 603,077 Common Shares to an arm's length finder 1340756 B.C. Ltd. in connection with the 1285826 B.C. Ltd. acquisition.

1337617 B.C. Ltd. will get 2,269,231 shares, 1253540 B.C. Ltd will get 2,269,231 shares and NKG Investments Ltd. will get 3,000,000 shares of Halo Collective Inc. Closing of the H2C Acquisition is subject to the satisfaction of customary closing conditions, including, among others, the approval of the Neo Exchange Inc. (the "NEO"). The Company expects the H2C Acquisition to close in January 17, 2022.