Moshun Media Development Corp entered into a non-binding Letter of Intent to acquire YDx Innovation Corp. (TSXV:YDX) in a reverse merger transaction on March 16,2021. Post completion of the transaction, Moshun Media shareholders will hold approximately 67.53% of the Resulting Issuer's shares, with the remaining 32.47% held by current YDX shareholders. The transaction is subject to Execution of a Definitive Agreement, completion of satisfactory due diligence by each of YDX and Moshun Media, approval by the shareholders of Moshun Media and YDx, financing or any interim funding shall be by way of a short-term loan between Moshun Media and YDX. Additional financing will be secured under the requisite TSXV regulations and may require payment of Finder's Fees to a third-party, the satisfaction of all initial listing requirements of the TSXV and all related requirements under the policies of the TSXV, the Resulting Issuer shall complete a name change to a new holding name acceptable to YDX and applicable regulatory authorities, Receipt of all required regulatory approvals and other customary closing conditions. The transaction is expected to close on or before the end of second quarter of 2021. A Finder's Fee is due and payable equivalent to $25,000 in cash and $275,000 in common shares, and will be paid to an arm's length party for introducing YDx and Moshun.