Voleo, Inc entered into a definitive agreement to acquire Logan Resources Ltd. (TSXV:LGR) in a reverse merger transaction on January 29, 2018. Under the terms of agreement, Logan shall complete a consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share for every five pre-consolidation common shares. Subject to adjustment in certain circumstances, each one issued and outstanding Voleo common share shall be converted into 1.7 common shares of the Logan. The transaction will be structured such that the outstanding warrants and stock options of Voleo will automatically become exercisable for or shall be exchanged for shares of the Logan, subject to all necessary adjustments to reflect the terms of the transaction and subject to the terms governing the warrants and options. Prior to the closing of the transaction, Voleo may complete a bridge financing for a maximum of CAD 0.75 million. Resulting Issuer upon completion of the transaction will be named “Voleo Trading Systems Inc.” and will be a technology issuer. Following the completion of transaction, Logan Board will be comprised of Mark J. Morabito, Jay Sujir, Glen Wilson, Brad Wiggins and Mark Lotz. The transaction is subject to completion of private placement i.e. “Concurrent Financing” for gross proceeds of up to CAD 10 million, completion of the issuance of shares for debt settlement, shareholders’ approval of both Logan and Voleo, TSX Venture Exchange approval, not more than 5% of Voleo shareholders should exercise dissent rights, consolidation of Logan shares such that one post consolidation Logan share will be issued for every five existing Logan shares, completion of private placement, other customary conditions and with receipt of a report of a sponsor in respect of the transaction or waiver from the sponsorship requirement by the exchange. As of June 14, 2018, in order to obtain the approval of shareholders of Logan for the transaction, an annual general and special meeting of the shareholders of Logan will be held on July 18, 2018. Also, an annual general and special meeting of the shareholders of Voleo will be held on June 18, 2018 for obtaining the approval of shareholders of Voleo for the transaction. On June 18, 2018, Voleo shareholders approved the transaction. As of July 18, 2018, Logan shareholders approved the transaction. The transaction is expected to close on or before August 15, 2018. As of April 12, 2019, the transaction is expected to close by May 6, 2019. As of May 16, 2019, the transaction has received conditional approval from the TSX Venture Exchange and the transaction is expected to be completed in the week of May 27, 2019. As of May 16, 2019, the TSX Venture Exchange has confirmed that based on the current situation of Logan Resources, it will not be required to get shareholder approval for the transaction. Davidson & Company LLP acted as the auditor and TSX Trust Company acted as the transfer agent to Logan for the transaction.