An overseas corporation executed a non-binding Memorandum of Understanding to acquire Mineral Hill Industries Ltd. (TSXV:MHI) in a reverse merger transaction on November 17, 2021.

An overseas corporation cancelled the acquisition of Mineral Hill Industries Ltd. (TSXV:MHI) in a reverse merger transaction on February 28, 2022. As on the termination date of MOU, the parties entered into a letter of intent under amended terms.