Arev Nutrition Sciences Inc. (CNSX:ARV) (‘Arev’) entered into a letter of intent to acquire a 6.32 acre Plant Science Centre in Errington, British Columbia from Verified Plant Genetics for CAD 0.29 million on October 31, 2017. The property will be owned prior to closing by Verified Plant Genetics. Concurrently, Arev entered into a letter of intent to acquire Verified Plant Genetics. The purchase consideration for the 6.32 acre centre will be paid in the form of Arev common shares at the market price on the day prior to the signing of the definitive agreement. The common shares shall be subject to a 4-month hold period pursuant to the Securities Act (British Columbia). The purchase price shall be paid on the closing date. CAD 0.15 million of the purchase price will be secured by a registered mortgage against the property to the sole benefit of the vendor. Arev will also pay for certain expenditures incurred in connection with the deal. The acquisitions will be subject to the CSE policies, which may include CSE and shareholder approval, which will be contingent on satisfaction of a number of regulatory requirements and due diligence being conducted by Arev prior to the definitive agreement being executed. Arev has agreed to pay a finder's fee of up to 10% in the form of Arev common shares to an arm's length party for the introduction to the seller. Arev Nutrition Sciences Inc. (CNSX:ARV) (‘Arev’) cancelled the acquisition of a 6.32 acre Plant Science Centre in Errington, British Columbia from Verified Plant Genetics on January 17, 2018.