Cairo Resources Inc. entered into a Letter of Intent dated December 22, 2017 (the agreement) with Sino Blockchain Holdings Inc. ('Sino'), whereby Cairo will acquire all of the outstanding shares of Sino in exchange for common shares of Cairo. Sino has developed a proprietary software solution for the optimization and management of crypto-currencies in the B2B and B2C markets. The Proposed Transaction, if completed, will constitute Cairo's Qualifying Transaction under the Exchange's policies. Upon completion of the Proposed Transaction, Cairo intends to change its name to a name acceptable to the Exchange and will continue on with the business of Sino and become a Tier 2 technology issuer, with Sino as its operating subsidiary (the company after the Proposed Transaction being referred to herein as the 'Resulting Issuer'). It is currently anticipated that all of the current officers and directors of Cairo will resign from their respective positions with Cairo. The directors and senior management of the Resulting Issuer is expected to include the following people: Derek Lew, Director & Chairman of Board - Derek Lew is a Partner with Initio Group and a lawyer experienced in the areas of corporate, commercial and real estate law. An active member of the technology startup community and his own community, he is a Director of the Frank and Joan Lew Charitable Trust and the FJL Housing Society. Professionally, he is a member of the Law Society of British Columbia; Jonathan Bixby, CEO & Director - Jonathan Bixby is a serial entrepreneur, active investor, board member, and speaker. In addition to his investing efforts, Jonathan has been active in the crypto world since 2012 as an investor and entrepreneur; Darcy Taylor, Director - Darcy has over 20+ years in senior leadership roles and a proven track record across multiple industries spanning, Asia, Europe and North America. Prior to his international experience, Darcy was CEO of MASEV Communications Inc.; and Mike Edwards, Director - Mike Edwards has started and invested in technology companies for over 20 years.