Yorkton Equity Group Inc. Announces Amendment To Terms Of Share Purchase Agreement Previously Announced On July 2, 2026
September 02, 2026 8:01 PM EDT | Source: Yorkton Equity Group Inc.
Edmonton, Alberta--(Newsfile Corp. - September 2, 2026) - Yorkton Equity Group Inc. (TSXV: YEG) ("YEG" or the "Company") announces that, further to its press release dated July 2, 2026, the Company intends to amend the share purchase agreement dated July 1, 2026 (the "Share Purchase Agreement") made between the Company, Lui International Group Inc., operating as Yorkton Management, ("YM"), Mr. Ben Lui, the CEO, director and majority shareholder of the Company and a close family member, whereby the Company will acquire 100% of the issued and outstanding Class "A" common shares (the "YM Shares") of YM.
Under the amended terms, the deemed consideration share price will decrease from $0.15 per common share of the Company ("Common Share") to $0.10 per Common Share as a result of the current market conditions. The reduction in share price will cause an increase to the number of Common Shares to be issued from 4,666,666 Common Shares to 7,000,000 Common Shares, subject to post-closing adjustments to be determined in accordance with the Share Purchase Agreement. All other terms and conditions of the Share Purchase Agreement will remain in force and effect without amendment. The amendment was approved by the board of directors (with Mr. Ben Lui abstaining) and remains subject to the acceptance of the TSX Venture Exchange.
About Yorkton
Yorkton Equity Group Inc. is a growth-oriented real estate investment company committed to providing shareholders with growing assets through accretive acquisitions, organic growth, and the active management of multi-family rental properties with significant upside potential. Our current geographical focus is in Alberta and British Columbia with diversified and growing economies, and strong population in-migration. Our business objectives are to achieve growing Net Operating Income ("NOI") and asset values in our multi-family rental property portfolio in strategic markets across Western Canada.
The management team at Yorkton Equity Group Inc. has well over 35 years of prior real estate experience in acquiring and managing rental assets.
Further information about Yorkton is available on the Company's website at and the SEDAR+ website at
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information on Yorkton, please contact:
Ben Lui, CEO - Corporate Office: (780) 409-8228
Yorkton Equity Group Inc.
Email: ...
Forward-looking information
This press release may include forward-looking information within the meaning of Canadian securities legislation concerning the business of Yorkton. Forward-looking information is based on certain key expectations and assumptions made by the management of Yorkton. Although Yorkton believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Yorkton can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. Yorkton disclaims any intent or obligation to update publicly any forward- looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any applicable securities laws or any state of the United States and may not be offered or sold in the United States or to the account or benefit of a person in the United States absent an exemption from the registration requirement
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Source: Yorkton Equity Group Inc.
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