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Posted by
Two Blokes May 21 -
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Stock
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Calgary, Alberta--(Newsfile Corp. - May 21, 2025) - Green Impact Partners Inc. (TSXV: GIP) ("GIP" or the "Company") has entered into a definitive agreement (the "Agreement") with a private, arm's-length party (the "Purchaser") for the sale of its water, waste treatment, and recycling facilities located in Alberta and Saskatchewan (the "Transaction") for proceeds of $53.25 million (the "Purchase Price") subject to working capital adjustments. The Purchase Price shall be paid with $34.5 million in cash on close, and an $18.75 million Promissory Note (the "Note").