Railtown Capital Corp. to Combine with Sparx Technology Inc., an Industry Leader in Interactive Media Technology Railtown" or the " Company") is pleased to announce that it has signed a non-binding letter of intent dated February 19, 2021 (the " LOI" ) with Sparx Technology Inc. (" Sparx"), an arm's length private company incorporated under the laws of Canada, to effect a transaction that will result in a reverse takeover of Railtown by Sparx (the " Transaction"). Trading in the common shares of the Company (the " Common Shares") has been halted in accordance with the policies of the TSX Venture Exchange (the " TSXV") and will remain halted until such time as all required documentation has been filed with and accepted by the TSXV.