Rupert Resources Ltd. (TSXV:RUP) entered into a binding letter of intent to acquire Northern Aspect Resources Ltd. for CAD 4.2 million on January 15, 2018. Rupert Resources Ltd. (TSXV:RUP) entered into a binding definitive share exchange agreement to acquire Northern Aspect Resources Ltd. on March 16, 2018. Rupert Resources Ltd. will issue 4.91 million shares as consideration. The transaction is conditional upon, among other things including the parties and all shareholders of NARL entering into a definitive agreement in respect to the transaction and any collateral issues or matters on or before February 28, 2018; and the parties receiving all requisite regulatory approval, including the approval of the TSX Venture Exchange, and any third party approvals and authorizations. As of March 19, 2018, Rupert Resources has been received approval from the TSX Venture Exchange. Rupert Resources Ltd. received final approval from TSX Venture Exchange on May 15, 2018.