RE:Subject of a new start.Seems there is a private company with the name Defi and it is doing a reverse takeover of a small company listed on the NEX board of the Venture Exchange and will apply for listing on the CSE. Not sure re the symbol at that time - possibly still AUS. This new company will also be in the digital business and Mark Binns of BIGG is one of the directors: This is a portion of the news release.
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 ecosystem, in the coming months. DeFi utilizes a data driven approach in creating and capturing value in the DeFi ecosystem - through both technology and assets. DeFi currently has 27,059,998 common shares (the "DeFi Shares") issued and outstanding, and 400,000 stock options, which are exercisable at $0.25 per share with 250,000 stock options expiring on March 5, 2026 and 150,000 stock options expiring on March 29, 2026.