Ocean Shore cancels acquisition of International ePaper

Executive Summary

• Ocean Shore Capital Corp. and the parties to its proposed acquisition of International ePaper Technologies Corp. have mutually agreed to terminate the agreement originally signed on Aug. 5, 2025.
• The termination removes the pending qualifying transaction that was intended to satisfy TSX Venture Exchange Policy 2.4 for Ocean Shore.
• Trading halts placed on Ocean Shore’s shares as a result of the pending deal will be lifted and normal trading is expected to resume shortly.

Key Details

• Agreement terminated: The acquisition agreement dated Aug. 5, 2025 between Ocean Shore Capital Corp. (a capital pool company) and International ePaper Technologies Corp. has been mutually cancelled.
• Reason for termination: Mutual consent; no further material details disclosed.
• Impact on trading: Shares of Ocean Shore were halted pending the transaction; the halt will be removed and trading reinstated “shortly.”
• Qualifying transaction status: The intended acquisition was to serve as Ocean Shore’s qualifying transaction under TSX Venture Exchange Policy 2.4; termination means the company currently has no qualifying transaction in place.
• Company background: Ocean Shore has not commenced commercial operations and exists solely to identify and evaluate assets or businesses for a qualifying transaction.

Notable Quotes

(No executive quotes were included in the release.)