The TSX Venture Exchange has accepted for filing documentation pertaining to a share purchase agreement dated Aug. 29, 2023, as amended on Sept. 28, 2023, and Oct. 31, 2023, between the company and an arm's-length party, whereby the company purchased all of the issued and outstanding shares in the capital of Meritus Group Management Inc., which provides professional condo management services primarily to the Greater Toronto Area.

Under the terms of the agreement, the company agreed to purchase the target in exchange for paying up to $400,000 in cash, writing a $300,000 principal amount non-convertible promissory note and issuing up to 395,833 common shares to the vendor. The note accrues interest at 7 per cent per annum and is repayable in three equal instalments over the period of three years, with final instalment to be made on Nov. 30, 2026.

For further details, please refer to the company's news releases dated Aug. 29, 2023, and Dec. 18, 2023.