ECC Ventures 3 Corp Enters Definitive Agreement to Acquire Sparx Technology Inc
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ECC Ventures 3 Corp Enters Letter of Intent with Sparx Technology Inc for Qualifying Transaction
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Railtown Capital Corp. to Combine with Sparx Technology Inc., an Industry Leader in Interactive Media Technology
Railtown or the
Company ) is pleased to announce that it has signed a non-binding letter of intent dated February 19, 2021 (the
LOI
) with Sparx Technology Inc. (
Sparx ), an arm s length private company incorporated under the laws of Canada, to effect a transaction that will result in a reverse takeover of Railtown by Sparx (the
Transaction ). Trading in the common shares of the Company (the
Common Shares ) has been halted in accordance with the policies of the TSX Venture Exchange (the
TSXV ) and will remain halted until such time as all required documentation has been filed with and accepted by the TSXV.