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YDX Innovation Corp.: YDX Innovation Announces Letter of Intent for Reverse Takeover with Moshun Media Development Corp.


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VANCOUVER, BC / ACCESSWIRE / March 16, 2021 / YDX Innovation Corp (TSXV:YDX)(OTC PINK:YDRMF)(FSE:APY1) ( YDX or the Company ) announces that it has entered a non-binding Letter of Intent (the LOI ) dated March 16, 2021, with Moshun Media Development Corp. ( Moshun Media ), a non-reporting issuer in British Columbia, with respect to a proposed business combination transaction (the RTO Transaction ) that will result in the reverse take-over of YDX Innovation by Moshun Media. As part of the RTO Transaction, Moshun Media will acquire all of the issued and outstanding securities of YDX and facilitate the listing (the Listing ) of the resulting reporting issuer (the Resulting Issuer ) on the TSX Venture Exchange ( TSXV). ....

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