We Grow BC Ltd. entered into a binding agreement to acquire AREV Nutrition Sciences Inc. (CNSX:AREV) in a reverse merger transaction on January 17, 2018. Under the transaction, each shareholder of We Grow BC will receive 0.09 million shares of AREV Nutrition. It is anticipated a total of 100 million AREV Nutrition shares will be issued at a deemed price of CAD 0.5 per AREV Share pursuant to the agreement. AREV shares to be issued by AREV to the WGBC shareholders may be subject to certain resale restrictions including escrow requirements under applicable securities law and policies of the Canadian Securities Exchange. AREV intends to call a general meeting in order to approve the transaction and to affix its Board of Directors to 7 members of which 4 will be designated by WGBC.

As of February 8, 2018, AREV Nutrition Sciences announces Derek Sider has joined as Chief Financial Officer effective immediately and due to the current transaction between We Grow and AREV Nutrition, Long Trinh, currently Chief Financial Officer of AREV, has resigned. Denby Greenslade is also appointed as Corporate Secretary of AREV Nutrition Sciences Inc., effective immediately. AREV Nutrition has also hired a consultant to head a number of important Human Resources initiatives. The transaction is subject to customary closing conditions, including subject to shareholder and CSE approval.