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VANCOUVER, British Columbia, Aug. 17, 2020 (GLOBE NEWSWIRE) — Brachium Capital Corp. (TSXV: BRAC.P) (“Brachium“) and WeCommerce Holdings Ltd. (“WeCommerce” or the “Corporation”) are pleased to announce that they have entered into a binding letter of intent dated August 17, 2020 (the “Letter of Intent“), which outlines the terms and conditions pursuant to which Brachium and the Corporation will complete a transaction that will result in a reverse take-over of Brachium by the Corporation (the “Proposed Transaction“). The Proposed Transaction will be an arm’s length transaction, and, if completed, will constitute Brachium’s “Qualifying Transaction” (as such term is defined in Policy 2.4 – Capital Pool Companies (“Policy 2.4”) of the TSX Venture Exchange (the “TSXV“) Corporate Finance Manual (the “Manual

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