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Esstra Industries Inc.: Esstra Industries Announces Letter of Intent to Acquire ExSorbtion Inc. Esstra Industries Inc. ( Esstra or the Company ) announces that it has entered into a non-binding letter of intent as of December 11, 2020 (the LOI ) which contemplates an arm s length acquisition of ExSorbtion Inc. ( ExSorbtion ). The acquisition, which is subject to signing of a definitive agreement (the Definitive Agreement ), will result in the Company acquiring 100% of the issued and outstanding common shares of ExSorbtion by way of Reverse Take-Over or Change of Business (the Transaction ). The Company currently owns 5% of ExSorbtion. No finder s fee will be payable in connection with the Transaction.

United statesUnited kingdomBritish columbiaKostenloser wertpapierhandelVenture exchange theExsorbtion incCompany the combinedEsstra industries incInvestment companyBritish columbia newsfile corpDistribution to united statesHains engineering company limited the consultantInvestment industry regulatory organization of canadaVenture exchangeReverse takeoverRemaining exsorbtion shareholders