On October 20, 2016 Marching Moose Capital Corp. (“MMCC”) entered into a Letter of Intent (“LOI”) for the acquisition of Avidian Gold Inc. (“Avidian”). Pursuant to the terms of the LOI, a wholly owned subsidiary of MMCC will amalgamate with Avidian by way of a three-cornered amalgamation.

Avidian’s principal business activity is mineral exploration, and the acquiring and exploring of gold projects.

Peterson McVicar acted for Avidian Gold Inc. with a team that included Dennis Peterson and Andrey Shamis.