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Austpro Energy Corp: Austpro and DeFi Announce Proposed Reverse Takeover


Austpro Energy Corp: Austpro and DeFi Announce Proposed Reverse Takeover
VANCOUVER, BC / ACCESSWIRE / April 15, 2021 / Austpro Energy Corporation (
Austpro or the
Company ) (TSXV:AUS.H) is pleased that it has entered into a binding letter of intent dated as of April 15, 2021 (the
Letter of Intent ) with DeFi Ventures Inc. (
DeFi ). The Letter of Intent outlines the proposed terms and conditions pursuant to which Austpro and DeFi will effect a business combination that will result in a reverse takeover of Austpro by the securityholders of DeFi (the
Acquisition ). The Letter of Intent was negotiated at arm s length.
DeFi, a private company incorporated pursuant to the laws of the Province of British Columbia, is a technology company seeking to streamline access to the assets and protocols that power the new era of decentralized finance. DeFi is preparing to launch DFX (www.dfx.fi), its proprietary dashboard that integrates with the entire DeFi ec ....

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