Intema Solutions Inc. (TSXV:ITM) entered into a letter of intent to acquire Parabellum Media Inc for CAD 0.7 million on December 7, 2021. For a total consideration of CAD 0.7 million, to be paid in common shares of Intema, which shares will be subject to a voluntary escrow on to the following terms: (i) 25% of the shares will be subject to a resale restriction of four months and one day from the Closing Date; (ii) An additional 25% of the shares will be subject to a resale restriction of 12 months from the Closing Date; (iii) An additional 25% of the shares will be subject to a resale restriction of 18 months from the Closing Date; and (iv) The remaining 25% of the shares will be subject to a resale restriction of 24 months from the Closing Date. The Proposed Transaction is subject to completion of mutual due diligence, execution of the Definitive Agreement and the approval of the TSX Venture Exchange, and is expected to close in January 2022.

Intema Solutions Inc. (TSXV:ITM) completed the acquisition of Parabellum Media Inc on February 28, 2022. In consideration, the corporation will issue up to 1,845,000 common shares of the corporation at a deemed price of CAD 0.306 per share, of which 1,700,000 have been issued, and a balance of up to 145,000 will be issued upon completion of the closing financial statements review.