Accend Capital Corporation (TSXV:ADP) entered into a binding letter of intent to acquire three exploration licenses in the Republic of Uganda of Beta Minerals Limited for CAD 1.1 million on November 7, 2017. Accend Capital Corporation (TSXV:ADP) entered into a definitive agreement to acquire three exploration licenses in the Republic of Uganda from Beta Minerals Limited on November 27, 2017. The definitive agreement replaces letter of intent. In consideration for the acquisition of the licenses, Accend pay CAD 0.2 million on entering of the agreement, CAD 0.35 million in cash at closing and CAD 0.5 million in cash upon the earlier of the date on which Accend completing financing and January 1, 2019. In a related transaction, Accend Capital Corporation (TSXV:ADP) entered into a binding letter of intent to acquire exploration license in the Republic of Uganda of Intrepid Minerals Limited for CAD 0.05 million on November 7, 2017. In another related transaction, Accend Capital Corporation (TSXV:ADP) entered into a binding letter of intent to acquire 1126302 B.C. Ltd. for CAD 12.2 million on November 7, 2017. Accend will conduct a non-brokered private placement of a minimum of 8 million subscription receipts at a price of CAD 0.50 per Receipt. The proceeds of the financing are intended to be used to advance exploration efforts Uganda, and to satisfy working capital requirements of the transaction. Accend intends to immediately change its name to "M2 Cobalt Corp." and its trading symbol to "MC". In connection with completion of the transaction, Thomas Lamb will join the Board of Directors of Accend and will serve as Vice President of Operations. Jennifer Hinton will join Accend as Director of East Africa Operations. Completion of the transaction is subject to a number of conditions, including negotiation and finalization of definitive documentation, the availability of financing and the approval of the TSX Venture Exchange. Accend Capital Corporation (TSXV:ADP) completed the acquisition of three exploration licenses in the Republic of Uganda of Beta Minerals Limited on January 22, 2018.