Fathom Minerals Ltd. entered into a share purchase agreement to acquire Fathom Nickel Inc. (CNSX:FNI) in a reverse merger transaction on January 6, 2021. Under the agreement, Fathom Nickel desires to purchase from the shareholders of Fathom Minerals, all of the issued and outstanding shares of Fathom, being 49,980,149 class "A" common shares of Fathom Minerals. As consideration, at the closing, Fathom Nickel shall issue to the shareholders of Fathom Minerals, 49,980,149 fully paid common shares of Fathom Nickel. Upon closing, the executive management of Fathom Minerals will become executive management of Fathom Nickel and current board of directors of Fathom Minerals will join current board of directors of Fathom Nickel. The closing of the transaction is conditional upon the shareholders and Fathom Minerals shall have tendered all closing deliveries including delivery of the Purchased Shares; all consents, waivers, permits, orders and approvals of all Governmental Authorities or other persons necessary to permit the completion of the transaction shall have been obtained; Fathom Minerals shall have no outstanding long-term liabilities, shareholder loans or other third-party loans at the time of closing, closing deliveries including all resolutions of the board of directors of the Fathom Nickel approving the entering into of this agreement and all ancillary agreements contemplated herein and the completion of the transaction, including the issuance of the payment shares, executed copies of the securityholder agreements and others. The closing is expected to occur in January 2021. Eugene Chen of McLeod Law LLP acted as legal advisor to Fathom Nickel and Adrian Harvey of Burstall LLP acted as legal advisor to Fathom Minerals. Fathom Minerals Ltd. completed the acquisition of Fathom Nickel Inc. (CNSX:FNI) in a reverse merger transaction for CAD 2.5 million on January 22, 2021. The transaction resulted in the issuance of 49,980,149 pre-consolidation shares at the price of CAD 0.05 per share to shareholders of Fathom Minerals. All terms and conditions of the share purchase agreement were met on January 22, 2021.