Accend Capital Corporation (TSXV:ADP) entered into a binding letter of intent to acquire 1126302 B.C. Ltd. for CAD 12.2 million on November 7, 2017. Accend Capital Corporation (TSXV:ADP) entered into a definitive agreement to acquire 1126302 B.C. Ltd. on November 27, 2017. As part of consideration, Accend will issue 19.7 million shares to shareholders of 1126302 B.C. Upon issuance, the consideration shares will be subject to a pooling arrangement from which they will be released in tranches every six months over a thirty-six month period. In a related transaction, Accend Capital Corporation (TSXV:ADP) entered into a binding letter of intent to acquire exploration license in the Republic of Uganda of Intrepid Minerals Limited for CAD 0.05 million on November 7, 2017. In another related transaction, Accend Capital Corporation (TSXV:ADP) entered into a binding letter of intent to acquire three exploration licenses in the Republic of Uganda of Beta Minerals Limited for CAD 1.1 million on November 7, 2017. Accend will conduct a non-brokered private placement of a minimum of 8 million subscription receipts at a price of CAD 0.50 per Receipt. The proceeds of the financing are intended to be used to advance exploration efforts Uganda, and to satisfy working capital requirements of the transaction. Accend intends to immediately change its name to "M2 Cobalt Corp." and its trading symbol to "MC". In connection with completion of the transaction, Thomas Lamb will join the Board of Directors of Accend and will serve as Vice President of Operations. Jennifer Hinton will join Accend as Director of East Africa Operations. Completion of the transaction is subject to a number of conditions, including negotiation and finalization of definitive documentation, the availability of financing and the approval of the TSX Venture Exchange. Accend Capital Corporation (TSXV:ADP) completed the acquisition of 1126302 B.C. Ltd. on January 22, 2018.