Yorkton Equity completes acquisition of Yorkton Management

Edmonton, Alberta - Yorkton Equity Group Inc. (TSXV:YEG) finalized the acquisition of Lui International Group Inc., also known as Yorkton Management, on July 2, 2026, according to a press release. The company purchased 8,340,485 common shares at a deemed price of $0.10 per share, with the final purchase price totaling $834,048.59 after adjustments. Ben Lui, the CEO, director, and majority shareholder, acquired 4,253,647 common shares as part of the deal.

The acquisition is classified as a related party transaction under Multilateral Instrument 61-101, and it was exempt from formal valuation and minority shareholder approval requirements since the fair market value of the shares and consideration did not exceed 25% of the company's market capitalization. After the transaction, Ben Lui holds 86,765,492 common shares, representing 73.26% of the total 112,628,074 issued and outstanding shares.

In addition to his shares, Ben Lui owns 325,000 stock options and 2,088 unsecured convertible debentures. If all options and debentures are exercised, Lui's ownership would increase to 97,530,492 common shares, or 74.04% on a partially diluted basis. The TSX Venture Exchange approved the transaction, and no finder's fees were paid. Yorkton Equity Group specializes in real estate investment, focusing on multi-family rental properties in Alberta.