Rider 2 Investment Capital Corp. Announces Proposed Transaction
Corporation" or "
Rider 2"), is pleased to announce that it has entered into a non-binding letter of intent (the "
LOI") dated May 10, 2021, with D Block Discoveries Inc., an arm's length mining exploration company with mineral exploration projects in Canada. Pursuant to the LOI, the Corporation, subject to entering into a definitive agreement (the "
Transaction Agreement"), has agreed to combine with the private company by way of share exchange, merger, amalgamation, arrangement, or other similar form of transaction (the "
Transaction"
). The Transaction is an arm's length transaction and, when completed, may be considered to be the Qualifying Transaction for the purposes of the TSX Venture Exchange Inc. ("