Highmark Innovations Inc. entered into a letter of intent to acquire Stormcrow Holdings Corp. (TSXV:CROW.P) for CAD 16.5 million in a reverse merger transaction on December 11, 2020. Highmark Innovations Inc entered into its definitive transaction agreement to acquire Stormcrow Holdings Corp. in a reverse merger transaction on November 4, 2021. If the transaction terminated by Stormcrow, Stormcrow will be required to pay a penalty of CAD 250,000 to Highmark. Upon closing, name of Stormcrow Holdings Corp. will change to “Highmark Interactive Inc.” and shares will trade under ticker “HMRK”. The Board of Directors of the Resulting Issuer shall consist of Highmark's three existing directors and up to two additional directors subject to the mutual agreement of Highmark and Stormcrow. The officers of the Resulting Issuer shall comprise Sanjeev Sharma as Chief Executive Officer and Don Harkness as Chief Financial Officer.

Immediately prior to and as a condition to closing of the transaction, Stormcrow shall complete a share consolidation on the basis of one new share for every six outstanding Stormcrow Shares. In conjunction with, or prior to the closing of the transaction, Highmark may, but is not required to, complete a private placement of Highmark Shares for gross proceeds of up to CAD 5 million. The transaction is subject to completion of mutual satisfactory due diligence investigations of Highmark and Stormcrow, approval of the transaction by the boards of directors of Highmark and Stormcrow, execution of a definitive agreement, approval of the transaction by Highmark shareholders, receipt of all regulatory approvals with respect to the transaction and the listing of the resulting issuer's common shares on the TSXV, third party approvals, completion of the share consolidation, as well as Stormcrow shareholders approving a change of name and the approval of a new slate of directors to take position at closing of the transaction. Stormcrow will not be required to obtain shareholder approval of the Transaction. Stormcrow Holdings will hold a meeting to approve the matters related to the transaction on August 4, 2021. As of November 5, 2021, Stormcrow has received conditional listing approval from the TSX Venture Exchange. As of November 5, 2021, the transaction is expected to close during the week of November 8, 2021. Craig Brown and Myroslav Chwaluk of Fasken Martineau DuMoulin LLP acted a legal advisor to Highmark Innovations Inc. TSX Trust Company acted as transfer agent to Stormcrow. Josh Arbuckle of Chitiz Pathak LLP acted as legal advisor to Stormcrow.

Highmark Innovations Inc. completed the acquisition of Stormcrow Holdings Corp. (TSXV:CROW.P) in a reverse merger transaction on November 15, 2021. Trading of resulting issuer is expected to begin on or about November 17, 2021. As a result of the transaction the directors and officers of the resulting issuer are: Sanjeev Sharma as Chief Executive Officer, Director; Don Harkness as Chief Financial Officer; Sunil Sharma as Vice-President, Corporate Development and Corporate Secretary; Brad Badeau as Director; Chris Schnarr as Director; Harry Jacobson as Director; Tracy Milner as Vice-President; and Michael Affleck as Vice-President.