Shine Box Capital Corp. (TSXV:RENT.P) entered into a non-binding letter of intent to acquire Interfield Software Solutions LLC on June 9, 2021. It is expected that upon completion of the Transaction, the combined entity will meet the listing requirements for a Tier 2 Technology issuer under the policies of the TSX Venture Exchange. In connection with and as a condition to the Transaction, Interfield intends to complete an equity financing through a brokered private placement for minimum gross proceeds of $5 million. The Private Placement is intended to be completed prior to or concurrently with closing of the Transaction. The net proceeds of the Private Placement will be used to complete future acquisitions, working capital and general corporate purposes. The transaction is subject to approval of the Transaction by Shine Boxs Board of Directors; satisfactory completion of due diligence; and execution of the Definitive Agreement. The Transaction is expected to be completed by way of a share exchange, amalgamation or other form of business combination determined with input from the legal and tax advisors to each of Shine Box and Interfield. As of September 10, 2021, entered into an amended and restated non-binding letter of intent to extend definitive agreement signing date to October 25, 2021. Upon the satisfaction or waiver of the conditions set out in the definitive transaction agreement to be entered into by Shine Box and Interfield as i) the Shine Box Common Shares (which, for the purposed of the Transaction, have a deemed value of $0.25 per Shine Box Common Share on a pre-Consolidation basis) will be consolidated immediately prior to the completion of the Transaction ii) the holders of Interfield Shares will receive common shares of the Resulting Issuer in exchange for their Interfield Shares on the basis of an exchange ratio establishing an agreed valuation of Shine Box of not less than $1.725 million. AS a result of transaction Interfield becoming a wholly-owned subsidiary of Shine Box. Shine Box will change its name to Interfield Solutions Ltd.