Broadway Gold Mining Ltd. announced that it has entered into a binding letter agreement with Medcolcanna Corp. that will result in a reverse take-over of Broadway by the current shareholders of Medcolcanna. The company announced that upon completion of the transaction the Resulting Issuer will have a board of five individuals, all of whom shall be nominated by Medcolcanna. As of the date hereof, and subject to regulatory approval, Medcolcanna anticipates that the Resulting Issuer will have the following officers and directors: Felipe de la Vega - President, CEO and Director; Chris Reid - Chief Financial Officer; Nicolas Rodrigues - Chief Operating Officer; Robert James Metcalfe - Director; Thor Borresen - Director. Mr. de la Vega is the founder of Trenaco Holdings Group, a major Latin American commodity trading company with revenues of USD 800 million in 2014. As CEO of Trenaco for 10 years, he developed strong relationships with domestic and global commodities companies and vertically integrating the value chain through the acquisition of profitable assets such as coal mines, metcoke ovens, quality labs, stockyards, and transportation infrastructure. Mr. Reid has served as the Chief Executive Officer and President of Petrodorado Energy Ltd., a petroleum company with operations in Colombia, since January 2016 and as the Chairman since May 2016. Mr. Rodrigues previously held the position of General Manager at The Clinton Giustra Enterprise Partnership, a social business builder that brings entrepreneurial solutions to agribusinesses, farmers and fishermen. Mr. Metcalfe has served as President, CEO, Lead Director, Chairman and Committee member on numerous publicly listed natural resource and industry company corporate boards in Canada, the USA, England, South America and Africa. As director and shareholder, Mr. Metcalfe has been engaged in numerous acquisitions, divestitures, corporate reorganizations, financings and corporate improvements, as well as serving on numerous special committees across many sectors. Mr. Borresen is an Industrial Engineer from the Javeriana University in Cali, Colombia and is currently the Marketing Vice-president of Bavaria, the Colombian operation of AB-InBev, the world's leading brewer.