Doxa and ProStar Sign Letter of Intent

Doxa Energy Ltd and ProStar Geocorp Inc. jointly announce that they have entered into a binding letter agreement dated October 26, 2018 whereby Doxa will acquire all of the issued and outstanding securities of ProStar by way of a share exchange, amalgamation or such other form of business combination as the parties may determine.

Upon successful completion of the proposed acquisition of the securities of ProStar, it is anticipated that the Company will be listed as a Tier 2 Technology issuer on the TSX Venture Exchange (“TSX-V”) and will carry on the business of ProStar.