The Mint Corporation completed the debt settlement transaction ("Debt Settlement") of the Company as initially announced on September 8, 2021, pursuant to a debt settlement agreement entered into with Mobile Telecommunications Group LLC ("MTG"), Global Business Services for Multimedia ("GBS" and together with MTG, the "Creditors"), Mint Middle East LLC ("MME"), and Mint Gateway for Electronic Payment Services ("MGEPS"), dated August 31, 2021 (the "Debt Settlement Agreement") Pursuant to the terms and conditions of the Debt Settlement Agreement, the Company settled the aggregate debt owing to the Creditors in the amount of approximately CAD 30,000,000 by payment of an aggregate of USD 10,000,000 to the Creditors in the following manner: The debt owing to MTG was settled through: (i) a one-time cash payment of USD 4,790,000; and (ii) assignment of an unsecured three-year non-interest bearing promissory note issued by MME to the Company, in the principal amount of USD 2,210,000.