Nixon Restaurant Group, Inc. entered into a definitive share exchange agreement to acquire West Coast Ventures Group Corp. (OTCPK:WCVC) in a reverse merger transaction on December 30, 2016. West Coast Ventures will issue 1 share of its common shares for each 5 shares of Nixon Restaurant, for a total of 12.1 million shares for 60.5 million shares of Nixon Restaurant and 0.5 million West Coast's preferred stock.

James M. Nixon holds 53.97 million shares in Nixon Restaurant. Following closing of the transaction, Nixon Restaurant will operate as wholly owned subsidiary of West Coast Ventures. The transaction is subject to file its delinquent filings with the Securities and Exchange Commission, effectuate the cancelation of 0.06 million shares owned by Mayya Khalay in West Coast, file a Certificate of Designation of the series A preferred stock with the Nevada Secretary of State, effectuate a change of its fiscal year to December 31, 2016, Nixon Restaurant should deliver audited consolidated financial statements for the two year periods ended December 31, 2015 and December 31, 2014 and approval from regulatory authority.

Will Hart of Hart & Hart, LLP acted as legal advisor for West Coast Ventures.