Circa Enterprises Inc. (TSXV:CTO) entered into a definitive agreement to acquire Substantially All of the Assets of Teletics, Inc. for approximately CAD 0.32 million on August 7, 2020. Funding for the transaction will be financed from cash on hand and the Circa's operating line. Upon completion, the business will operate as a separate product line within the Telecom segment of Circa Enterprises Inc. The business and operations of Teletics are expected to be integrated with Circa's facilities in Calgary, Alberta in the third quarter of 2020. The cash transaction remains subject to standard closing conditions. The transaction is expected to be completed on or about August 14, 2020. Circa Enterprises Inc. (TSXV:CTO) completed the acquisition of Substantially All of the Assets of Teletics, Inc. on August 14, 2020.