Rojo Resources Ltd. has entered into a letter of intent dated Nov. 30, 2017, with Konnect Mobile Communications Inc. (KMC). Pursuant to the letter of intent, it is proposed that Rojo, Konnect and, the securityholders of Konnect, will enter into a definitive agreement in respect of a business combination of Rojo and Konnect (the transaction), which is anticipated to constitute a Reverse Takeover.

Upon completion of the transaction, it is anticipated that Rojo's current management and board of directors will resign and that representatives of Konnect with the requisite experience to manage the corporation in connection with the completion of the transaction will be appointed, as follows: President, CEO & Director - Mr. William Lee Coyle: Founder of Konnect with over 15+ years of entrepreneurial experience in the areas of banking, direct sales, marketing, mobile money transfer and mobile application development. Executive Chairman & Director - Mr. Richard T. Groome. Mr. Groome is currently President & Managing Partner at Notre-Dame Capital Inc. and a Director of Hitlab Inc. Mr. Groome has been involved in the Capital Markets across Canada for over 30 years and in addition to funding several hundred companies, Mr. Groome was formerly a director of the CDNX Exchange, the predecessor exchange to the TSX Venture.

Director - Mr. Tomas Gauthier: Mr. Gauthier combines an unrivalled passion for innovation creation with more than 15 years of technology startup experience. He is using his accumulated expertise to create an automated value creation ecosystem with the purpose of bringing out the best in the entrepreneurs he works with. Director - Mr. Dominique-Sebastien Forest: Mr. Forest works with CEOs and Executive Teams with a comprehensive approach, supporting his clients by taking an active role within the organization.

Generating revenues, raising capital, finding fitting talent and creating the appropriate communication channels. Director - Mr. Andre Halley: Mr. Halley has a career spanning 45 years in the telecommunications industry and is currently involved in various advisory and management functions, including acting as Chairman, director or advisor to various private and public companies, including CASSIOT, MOBI724 Global Solutions, INNO-CENTRE and Prevtec Microbia Inc. In addition, Mr. Halley is a partner at TG Consulting and DJM ASIA. Mr. Halley has previously held senior executive, board or executive positions in a variety of telecom companies, including OOREEDOO ALGERIA, SKYWAVE, European Data Communication, International Advisory Services Ltd., TIW ASIA, ORBCOMM, Teleglobe Canada, Bell Mobility and Bell Canada.