The TSX Venture Exchange has accepted for filing a term sheet dated Oct. 11, 2017, between Auxly Cannabis Group Inc. and Tombar Investments International Inc., whereby the company has the option to enter into an exclusive partnership agreement for a period of 10 years to collaborate and partner on cannabis distribution and retail opportunities in Gateway's retail locations permitted by applicable law. As consideration for the exclusivity period, the company will issue one million warrants at an exercise price of $1 per share for a period of five years from the date of the news release dated Oct. 16, 2017.