Savanna Capital Corp. has elected to not extend the term of the combination agreement entered into with Varianz Corp. dated August 30, 2019 as amended on November 29, 2019, January 15, 2020 and February 28, 2020 As a result, the Combination Agreement has been terminated. Pursuant to the termination of the Combination Agreement due to the failure of Savanna and Varianz to close the transaction by March 31, 2020, a break fee in the amount of $175,000 is payable from Varianz to the company. Savanna will be reviewing all of its options with respect to the collection of the Break Fee.