Axion Ventures Inc. (TSXV:AXV) entered into an agreement to acquire additional 15.83% stake in Axion Games Limited for $4 million on August 30, 2018. The consideration is paid in cash. Under the terms, Axion Ventures will acquire 33.19 million shares of Axion Games. Post acquisition, Axion Ventures Inc will hold 146.89 million shares (70.05%) in Axion Games. The deal is subject to satisfaction or waiver of customary conditions, including receipt of any required approvals of the TSX Venture Exchange. Axion Ventures Inc. (TSXV:AXV) cancelled the acquisition of additional 15.83% stake in Axion Games Limited on November 29, 2018. Axion Ventures was unable to fulfill the customary conditions to complete the transaction of purchase and sale contemplated in the agreement.