The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest in JJ&A Mechanical Ltd., a commercial plumbing services contractor based in British Columbia, pursuant to a share purchase agreement between Elevate Service Group Inc. and an arm's-length party.
Pursuant to the terms of the agreement, the company satisfied the aggregate purchase price of $745,000 for the target by remitting $145,000 in cash and issuing 350,000 common shares of the company to the vendor on closing. The common shares are subject to a phased lockup release schedule with 20 per cent of the shares released each year over the five years following closing.
For further details, please refer to the company's news release dated April 15, 2026.
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