The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of 100 per cent of the issued and outstanding shares of Whitteker Environmental Services Inc. (WES), pursuant to a share purchase agreement dated April 1, 2026, between the company and an arm's-length vendor.
Pursuant to the terms of the agreement and as consideration for the acquisition of WES, the company paid $800,000 in cash and issued 248,576 common shares in the capital of the company at a deemed price of $1.01 per share to the vendor on closing of the acquisition. As a future consideration, the company will pay the vendor a cash earn-out payment up to a maximum aggregate amount of $200,000, payable 12 months following the closing date.
For further details, please refer to the company's news release dated April 1, 2026.
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