Austpro Energy Corporation entered into a binding letter of intent dated as of April 15, 2021 with DeFi Ventures Inc. The Letter of Intent outlines the proposed terms and conditions pursuant to which Austpro and DeFi will effect a business combination that will result in a reverse takeover of Austpro by the securityholders of DeFi. The Letter of Intent was negotiated at arm's length. On completion of the Acquisition, the company's Board of Directors and management team will be reconstituted to consist of four directors determined by DeFi, as listed below. Information on additional management appointments, including the Chief Financial Officer and Corporate Secretary, will be disclosed when available. Ben Samaroo, Chief Executive Officer and Director - Ben is an entrepreneur with executive and advisory experience in private and public companies in fintech, blockchain and digital assets. Ben was formerly an executive officer of First Coin Capital, a cryptocurrency start-up acquired by Galaxy Digital, and served on the Galaxy Digital leadership team. Cong Ly, Chief Technology Officer and Director - Cong is an experienced technology leader with extensive working knowledge in fintech, blockchain, and distributed computing development. Cong held management positions at Hootsuite responsible for the volume business and strategic integration. He also served as the Director of Technology at First Coin Capital, which was acquired by Galaxy Digital. Dean Sutton, Chief Strategy Officer and Director - Dean is a technology founder, venture builder and investor with a decade of experience in leading technology-centric companies through development, financing and commercialization. As an active founder, executive and participant in fintech, blockchain and digital currencies since 2015, he has supported and advised a number of companies, including the first bitcoin mining company to list on the London Stock Exchange. Mark Binns, Director - Mark is a seasoned entrepreneur and public markets CEO and Director with 25+ years of experience building B2B and B2C companies in the cryptocurrency, retail and telecom industries. With a focus on building customer-driven sales and marketing strategies, Mark has completed multiple successful exits and has taken startups from 2 people to $500M+ valuations.