Ms. Genevieve Walkden reports
MONGOLIA GROWTH ANNOUNCES CLOSING OF KEDM TRANSACTION AND TRANSFER TO THE NEX BOARD OF THE TSX VENTURE EXCHANGE
Mongolia Growth Group Ltd., further to its news releases dated Aug. 28, 2025, Sept. 26, 2025, and Oct. 8, 2025, has completed the sale of its KEDM business for consideration of the assumption of all obligations related to the deferred revenues associated with the KEDM business up to and including Oct. 31, 2025, totalling approximately $845,000. The company continues to work toward the closing of its office property in Rincon, Puerto Rico.
As a result of the completion of the KEDM transaction, effective Nov. 5, 2025, the company's exchange listing will be transferred to the NEX board of the TSX Venture Exchange. The trading symbol for the company will change from YAK to YAK.H. There is no change in the company's name, no change in its Cusip number and no consolidation of capital.
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