Acquisition of Common Shares of Miles Technology Inc.

TORONTO, ONTARIO — (Marketwired) — 03/03/16 — In accordance with an amalgamation agreement (the "Amalgamation Agreement") dated February 29, 2016 among Miles Technology Inc. (the "Company"), APTN Property Development Corp. ("APTN"), and 2497302 Ontario Inc. ("Subco"), the parties completed an amalgamation transaction (the "Transaction") effective March 1, 2016. Pursuant to the Transaction, APTN and Subco amalgamated to form a new entity APTN