Interlok Key Management, LLC entered into a letter of intent to acquire Butte Highlands Mining Company in a reverse merger transaction on June 15, 2016. Under the terms of the transaction, Butte will issue 95% of its outstanding shares in exchange for 100% stake in Interlok. At closing Paul Hatfield, President and a Director of Butte Highlands Mining shall be paid the sum of $55,000 for services in connection with this transaction. The fee is be payable: $25,000 in cash and the balance in the form of 0.25 million restricted shares of Butte Highlands Class A common stock. In addition, Paul Hatfield shall be awarded options to acquire an additional 0.35 million shares of Butte Highlands Class A common stock at an exercise price equal to the closing price of Butte Highlands common stock on the OTC Bulletin Board as of the close of business on June 16, 2016, the date on which the Letter of Intent was fully executed. At closing, the current Directors of Butte will serially resign and be replaced by persons nominated by the management of Interlok. The parties expect to enter into a definitive agreement no later than July 15, 2016. As announced on July 22, 2016, the letter of intent was amended and the definitive agreement is expected to be signed by September 1, 2016. As announced on September 7, 2016, the definitive agreement is expected to be signed by October 17, 2016. As announced on October 15, 2016, the companies will try to execute an agreement by December 1, 2016. As on December 5, 2016, the definitive agreement is expected to be signed by no later than December 31, 2016. As of January 6, 2017, Interlok entered into a Share Exchange Agreement to acquire Butte Highlands Mining Company in a reverse merger transaction. Under the terms, Butte Highlands Mining Company agreed to issue 56.7 million restricted shares of common stock in exchange for 100% of the outstanding shares of InterLok common stock. The transaction is not subject to approval by shareholders of Butte but is subject to approval by the Board and shareholders of Interlok, regulatory board and consummation of due diligence. The transaction has been approved by the Board of Butte. Interlok Key Management, LLC completed the acquisition of Butte Highlands Mining Company in a reverse merger transaction on January 6, 2017. Butte will change its name and symbol to be more reflective that of Interlok. Upon closing of the agreement the officers of Butte resigned. McGaw was appointed President, Barrett was appointed Vice President of Planning, Daniel Lerner was appointed Chief Technology Officer, Miguel Yanez was appointed Vice President of Sales, Latin America, Dan Dinhoble was appointed Vice President of Operations, and Len Walker was appointed Vice President of Legal. The Board of Directors of BUTTE approved the transaction.