Tiidal Gaming Group Inc. entered into a letter of intent to acquire GTA Financecorp Inc. (OTCPK:GTAR.F) in a reverse merger transaction on February 16, 2021. Tiidal Gaming Group Inc. entered into a definitive business combination agreement to acquire GTA Financecorp Inc. (OTCPK:GTAR.F) in a reverse merger transaction on July 12, 2021. Tiidal completed a concurrent brokered and non-brokered private placement of subscription receipts for aggregate gross proceeds of CAD 3,273,680.50. A consolidation of the shares of GTA on a 1:11 basis and a concurrent financing of CAD 3 million will be undertaken. Prior to or on completion of the Amalgamation it is intended that: (i) the outstanding common shares of GTA will be consolidated (the ?Consolidation?) on the basis of one (1) post-Consolidation GTA Share for each 11.2678 pre-Consolidation GTA Shares, (ii) the common shares of Tiidal will be subdivided on the basis of one (1) Tiidal Share for every 1.2738 post-Share Split Tiidal Shares, and (iii) GTA will change its name to ?Tiidal Gaming Group Corp.? GTA will make an application to the Canadian Securities Exchange to list the shares of GTA. In case of termination of the transaction, GTA will receive payment of the promissory note receivable and receive a break fee of CAD 25,000. The Business Combination Agreement contemplates that, among others, the following conditions precedent be met prior to the Effective Time, including, but not limited to, (a) acceptance by the Exchange and receipt of other applicable regulatory approvals; (b) completion of the Offering; (c) receipt of the requisite approvals of the shareholders of GTA with respect to the Reverse Takeover, the Consolidation, the Name Change and the director appointments agreed upon by GTA and Tiidal; (d) receipt of the requisite approvals of the shareholders of Tiidal with respect to the Share Split and the Amalgamation; (e) no adverse material change in the business, affairs, financial condition or operations of Tiidal or GTA having occurred between the date of entering into the Business Combination Agreement and the closing date of the Reverse Takeover; and (f) dissent rights shall have been exercised in respect of no more than 5% of the issued and outstanding Tiidal Shares. The transaction is expected to close on or before December 31, 2021. TSX Trust Company is acting as registrar and transfer agent for GTA Financecorp.