Corp. entered into a non-binding letter of intent to acquire CastleCap Capital Inc. (TSXV:CSTL.P) in a reverse merger transaction on June 11, 2019. Plexus Technology Corp. entered into a definitive agreement to acquire CastleCap Capital Inc. (TSXV:CSTL.P) in a reverse merger transaction on August 27, 2019. CastleCap Capital Inc. will issue its common shared in exchange of all of the issued and outstanding common shares and other securities of Plexus Technology Corp. CastleCap Capital Inc. will carry out share consolidation in the range of one new CastleCap Capital Inc. common share for every three old CastleCap Capital Inc. common shares. Under the terms of transaction, each shareholder of Plexus Technology Corp. will receive 1.20 new CastleCap Capital Inc. share in exchange for each one Plexus Technology Corp common share and each warrant held by a holder. Pursuant to the transaction, a total of 16.29 million Resulting Issuer Shares will be issued to Plexus shareholders. In connection with the transaction, Plexus Technology Corp. and CastleCap Capital Inc. are proposing to complete a private placement of subscription receipts for up CAD 3.5 million. Upon completion, Michael Kennedy will own approximately 21.36%, Helios Blockchain Solutions will own 33.25%, Vytal Alternative Investments Inc. will own 18.53% and Damon Umsheid will own approximately 18.53% of the total issued and outstanding Resulting Issuer Shares. Following the closing of the transaction, CastleCap Capital Inc. will continue on with the business of Plexus Technology Corp. and change name to ‘Plexus Power & Technology Corp.’ or such other similar name as Plexus Technology Corp. may determine and which shall be acceptable to the Exchange. It is currently anticipated that all of the current officers and all of the current Directors of CastleCap Capital Inc. will resign from their respective positions and that the Board Of Directors of the resulting issuer will be nominated upon agreement between Plexus Technology Corp. and CastleCap Capital Inc. and will consist of Cameron MacDonald as Chief Executive Officer and Director, Damon Umscheid as Chairman and Director, Charles Chebry as Chief Financial Officer and Director, Scott Reeves as Corporate Secretary and Director, Archie Craig as President and a Director to be named. The transaction is subject to, among other things, receipt of approval from CastleCap Capital Inc. and Plexus Technology Corp. shareholders, regulatory approvals including the final approval of the Exchange and the satisfaction of customary closing conditions, satisfactory completion of due diligence investigations, closing of the Plexus Technology Corp. financing through private placement of subscription receipts, completion of the ancillary acquisitions of two entities by Plexus Technology Corp., CastleCap Capital Inc. having a cash balance net of all liabilities and payables of approximately CAD 0.2 million, approval from Board of CastleCap Capital Inc. and Plexus Technology Corp., and approval from third parties. Prior to completion of the transaction, CastleCap Capital Inc. intends to hold a meeting of its shareholders for purposes of approving, among other matters, certain matters ancillary to the transaction, including, change of the name and consolidation of the issued and outstanding common shares of CastleCap Capital Inc. Plexus Technology Corp. cancelled the acquisition of CastleCap Capital Inc. (TSXV:CSTL.P) in a reverse merger transaction on January 13, 2020. The transaction was terminated in accordance with its terms.