Further to its announcements dated March 16, 2020, and April 30, 2020, Zadar Ventures Ltd. (TSXV:ZAD) is currently in its final stages of due diligence with relation to an impending acquisition in the augmented reality/virtual reality/cross reality space. The Company previously announced that it retained French incubator-accelerator UNIQORN in order to complete its due diligence processes and planned acquisition of a private, French AR/VR/XR company. Company Chairman Mark Tommasi states, "We are excited to announce that our working relationship with UNIQORN has helped us expedite our due diligence process in the proposed acquisition of a private, French AR/VR/XR solutions Company, while at the same time laying the groundwork for rapid business acceleration post acquisition. We therefore look forward to concluding the planned acquisition in the coming weeks. Few question the viability and need for strong AR/VR/XR solutions in a post COVID-19 world, and this acquisition will position Zadar front and center in this exciting and timely space".