RiseTech Capital Corp. ('RiseTech') announced that it has entered into a letter of intent dated September 8, 2020 (the 'LOI') with Tantalus Systems Holding Inc., pursuant to which RiseTech and Tantalus (each, a 'Party', and, together, the 'Parties') have agreed to complete a plan of arrangement, merger, amalgamation, share exchange and/or other similar transaction (the 'Transaction'), whereby RiseTech will acquire all of the issued and outstanding shares of Tantalus (each, a 'Tantalus Share', and, collectively, the 'Tantalus Shares'). RiseTech is a capital pool company ('CPC') as defined under Policy 2.4. It is expected that RiseTech (following closing of the Transaction, referred to as the 'Resulting Issuer') will be listed on the Exchange as a Tier 1 Technology issuer. Following the Closing, the management and Board of Directors of the Resulting Issuer will each be comprised of the current management team and Board of Directors of Tantalus and one director of RiseTech. Management - Peter Londa - Chief Executive Officer - Pete Londa is a seasoned smart grid technology executive with over 20 years of experience in leadership roles who joined Tantalus as President &Chief Executive Officer in 2014. Pete is also a director of Tantalus. Prior to joining Tantalus, Pete served as the Independent Chair of the Board of Directors for World Energy Solutions Inc.