The TSX Venture Exchange has accepted for filing documentation pertaining to an agreement dated July 24, 2025, between Atlas Engineered Products Ltd. and an arm's-length party. Pursuant to the terms of the agreement, the company may acquire Penn-Truss MFG Inc., a manufacturer of roof and floor trusses, and a supplier of engineered wood products located in Saltcoats, Sask., Canada. By way of consideration, the company will make a total cash payment of $3.8-million, subject to a working capital adjustment to be determined and finalized within 60 days of closing date of the agreement. This total includes up to $760,000 to be paid in cash or shares (up to a maximum of 1,091,954 shares) to the vendors, at the discretion of the company based on the performance of Penn-Truss for fiscal 2025.

For further details, please refer to the company's news release dated July 24, 2025.