eQube Technology and Software Inc. signed a letter of intent to acquire Triox Limited (TSXV:TTL.P) in a reverse merger transaction on April 2, 2014. Under the transaction, the post consolidation shares of Triox will be exchanged for shares of eQube such that the existing Triox shareholders will hold approximately 3.77 million ordinary shares and the existing class A shareholders of eQube will hold approximately 18.23 million ordinary shares of the resulting issuer, subject to adjustment for the any exercise of stock options and warrants. eQube will complete a brokered private placement in conjunction with, or prior to the closing of the qualifying transaction. In connection with the acquisition, Triox will hold an annual general and special meeting to, among other items of business, change its name and to consolidate it's issued and outstanding share capital on a 3-to-1 basis. The resulting issuer expects to list on the TSX Venture Exchange as a tier 1 Technology Issuer.

Post closing, Board of Directors of Triox will consist of five members acceptable to eQube that shall include Lord Simon Reading. The officers and Directors of Triox shall resign at or prior to the closing of the transaction without payment or liability to eQube or Triox, subject to their receiving customary releases acceptable to them.

The transaction is subject to a number of conditions including, but not limited to, completion of the private placement, satisfactory due diligence by Triox and eQube, the completion of a definitive agreement, customary closing conditions, approvals of shareholders of eQube Technology and Triox, lenders approval, Director, regulators and third parties, exchange acceptance and, if required by the exchange policies, majority of the minority shareholder approval. As on July 2, 2104, eQube Technology and Triox entered into an agreement. The proposed Board includes Graham Martin, Doug Osrow, Laurie Goldberg, Lord Simon Reading, James Varanese, Andrew Janko and Robb McNaughton. The prospective management includes Kent Tong and Danielle Thorkelsson. The transaction was approved by the shareholders of Triox on July 25, 2014. Matthew Storey, Michael Beard, Marie Belozer, Pat (Patricia) Anderson, Giancarlo R. Salvo, Don R. Sommerfeldt and Leanne Krawchuk of Dentons Canada LLP acted as the legal advisor for eQube Technology and Software Inc. Robb McNaughton, Louise Lee, Ravi Latour and Lindsay Holmes of Borden Ladner Gervais LLP acted as a legal advisor to eQube Gaming Limited.

eQube Technology and Software Inc. completed the acquisition of Triox Limited (TSXV:TTL.P) in a reverse merger transaction on October 30, 2014. The name of eQube Technology and Software Inc. will change to eQube Gaming Limited. Also, trading will resume from November 4, 2014 in eQube Gaming.