Six Swiss companies entered into a non-binding letter of intent to acquire Wangton Capital Corp. (TSXV:WT.H) in a reverse merger transaction on June 28, 2019. Under the terms of the consideration, Wangton Capital will acquire six Swiss companies in exchange for common shares of Wangton. Upon closing of the transaction it is anticipated that Bargella Invest AG and its affiliates (parent of six Swiss companies) will hold over 51% of the outstanding common shares of Wangton. Wangton will undertake an equity private placement financing concurrent with the closing of the transaction. Upon closing of the transaction, Wangton expects to list as a Tier 2 Life Sciences Issuer on the Exchange. Completion of the transaction is subject to several conditions, including, but not limited to satisfactory due diligence, completion of the financing, completion of audited financial statements for Six Swiss companies, execution of a definitive agreement and other standard closing conditions. Transaction is not expected to be subject to shareholder approval. A finder’s fee, in compliance with Exchange policies, will be payable to an arm’s length finder, Valor Invest Ltd., in an amount to be determined upon confirmation of the final transaction structure. Six Swiss companies cancelled the acquisition of Wangton Capital Corp. (TSXV:WT.H) in a reverse merger transaction on November 14, 2019. Cloud 9 Switzerland LLC entered into an arm’s length non-binding term sheet to acquire Wangton Capital Corp. (TSXV:WT.H) in a reverse merger transaction on November 8, 2019.