The TSX Venture Exchange has accepted for filing documentation with respect to four share purchase agreements between Volatus Aerospace Inc., arm's-length parties and a non-arm's-length party (Marc Hanatshek). Pursuant to the agreements, the company has acquired the remaining 41.53-per-cent interest of its subsidiary, Synergy Aviation Ltd., not already owned by the company. On closing, the company held 100-per-cent ownership interest in Synergy.
As consideration for the acquisition, the purchase price of $1,630,055 was satisfied by the company by issuing an aggregate of 2,443,494 common shares to the vendors.
Consideration: 2,443,494 common shares
For further details, please refer to the company's news releases dated March 4, 2026, and March 13, 2026.
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