ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.

On December 31, 2020, Crucial Innovations Corp., a Nevada corporation (the "Company") entered into a definitive Equity Purchase Agreement with Mercantile Global Holdings, Inc., a Delaware corporation ("MGH"). [Reference is made to the Current Report on Form 8-K filed with the Securities and Exchange Commission on January 4, 2021].

On September 2, 2021, the Company and MGH entered into a Mutual Termination Agreement, whereby the parties agreed to terminate the Equity Purchase Agreement. The Mutual Termination Agreement provided for a mutual release of the parties. This summary is qualified in its entirety by reference to the full text of the Mutual Termination Agreement which is being filed with this Current Report on Form 8-K (this "Report") as Exhibit 10.01 and incorporated herein by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(a) Financial statements of business acquired. Not applicable.

(b) Pro forma financial information. Not applicable.

(c) Shell company transactions. Not applicable.





(d)   Exhibits



Exhibit    Description                                                    Location
Number

  10.01      Mutual Termination Agreement dated September 2, 2021 by     Provided
           and between Crucial Innovations Corp., a Nevada              herewith.
           corporation and Mercantile Global Holdings, Inc., a
           Delaware corporation.





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