M&A / Property

Mongolia Growth Announces Closing of KEDM Transaction and Transfer to the NEX Board of the TSX Venture Exchange

By The Northwire Desk — AI Analysis Nov 03, 2025 · 07:45 YAK · 1.22 Mongolia Growth Group Ltd.

YAK · Price

Mongolia Growth Group Ltd. completed the sale of its KEDM business, transferring deferred revenue obligations valued at approximately CAD $845,000.
Effective November 5, 2025, the company’s TSX Venture Exchange listing will move to the NEX board and the ticker will change from YAK to YAK.H.
No changes to the company name, CUSIP, or capital structure accompany the transaction.

Transaction: Sale of KEDM business; consideration is the assumption by the buyer of all deferred‑revenue obligations related to KEDM up to Oct 31, 2025.
Obligation Value: Approximately CAD $845,000 transferred to the purchaser.
Closing Dates: Transaction completed as of the press release date (Nov 3, 2025).
Listing Transfer: Effective Nov 5, 2025, exchange listing moves from the main TSX Venture board to the NEX board.
Ticker Change: Trading symbol changes from YAK to YAK.H.
Corporate Structure: No change to company name, CUSIP number, or capital consolidation.
Additional Activity: Company continues work toward closing its office property in Rincon, Puerto Rico (no further details disclosed).

(No executive quotes were provided in the release.)

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