Golden Ridge Resources Ltd. entered into an agreement to acquire 88 Capital Corp. (TSXV:EEC) in a reverse merger transaction on January 25, 2017. Golden Ridge Resources Ltd. entered into a share exchange agreement to acquire 88 Capital Corp. (TSXV:EEC) in a reverse merger transaction on July 18, 2017. Under the terms of deal, 88 Capital will acquire Golden Ridge and will issue 16.2 million shares as consideration. Post acquisition, Michael Blady will become Chief Executive Officer, Larry Nagy will become Executive Chairman and Terese Gieselman, will become Chief Financial Officer and Corporate Secretary of new issuer company. Elston Johnston and William Lindqvist will become Board members of new issuer company. Deal is subject to consummation of private placement, approval of TSX-V and shareholders of Golden Ridge Resources. As on July 17, 2017, TSX Venture Exchange has provided its conditional approval based on the draft filing statement that 88 Capital has submitted to the TSX-V. The transaction remains subject to final review and approval of the TSX-V. As on September 1, 2017, the private placement was completed. As of April 19, 2017, it was disclosed that the transaction is expected to be completed in the coming weeks.