ZoomAway has Entered into Binding Letter of Intent to Acquire Large Ontario-Based Retailer and will Spin Out Travel Assets

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Apr 12, 2022

VANCOUVER, BC / ACCESSWIRE / April 12, 2022 / ZoomAway Technologies Inc. (TSXV:ZMA, Financial) (OTCQB:ZMWYF) (the "Company" or "ZMA") www.zoomaway.com,a retail and hospitality technology development company, is pleased to announce that as of April 5, 2022 it has entered into a binding letter of intent to acquire all of the issued and outstanding shares of a rapidly growing, privately-held specialty retailer ("TargetCo") with locations throughout the Province of Ontario (the "Transaction").