The TSX Venture Exchange has accepted for filing documentation the share purchase agreement dated Nov. 27, 2025, between the company and the shareholders of Purecolo Inc. (vendors), to acquire 100 per cent of the interest in and to Purecolo. In consideration for the transaction, the company has issued to the vendors an aggregate of 4,606,704 common shares of the company at a deemed price of 89 cents per share. The shares are subject to certain escrow conditions releasable as to one-third on each of the dates that are four, eight and 12 months following closing. The company will pay the vendors an aggregate cash amount of $2,326,000, which is payable over a nine-month period, subject to true-up adjustments.
For further details, please refer to the company's news releases dated Nov. 28, 2025, Dec. 2, 2025, and Dec. 4, 2025.
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