Lords & Company Worldwide Holdings Inc. (CNSX:LRDS) entered into a letter of intent to acquire Lords of Gastown Motorcycle Company on November 25, 2021. Lords & Company proposes to acquire all the issued and outstanding shares of Gastown in consideration of the issuance of common shares of the Company for a value to be determined based on a third-party valuation. The Board of Directors have approved and authorized a consolidation of the Lords & Company's issued and outstanding common shares on a two old shares for one new share (2:1) basis. The acquisition is subject to the completion of the aforementioned independent valuation report, due diligence, completion of audited financials, execution of definitive agreements on or before January 31, 2022, and regulatory approval is expected to be completed prior to year-end.