Jo-Jo Capital Canada Ltd. Announces Termination of Proposed Qualifying Transaction and Resignation of Peter Schloo

Executive Summary

• Jo‑Jo Capital Canada Ltd. announced it will terminate the proposed qualifying transaction originally disclosed on April 30, 2025, effective January 7, 2026.
• CEO, CFO and director Peter Schloo has resigned to pursue other interests; the board will commence a search for new CEOs and CFOs.
• Trading of the company’s common shares remains halted pending TSX‑V resumption review.

Key Details

• Notice was provided to Placements Appalache Limitée that Jo‑Jo Capital Canada intends to terminate the qualifying transaction as of January 7, 2026.
• Peter Schloo resigned from his roles as Chief Executive Officer, Chief Financial Officer and director of the company.
• The board will seek replacements for both CEO and CFO positions and will issue updates in accordance with securities laws when appropriate.
• The company continues to search for a qualifying transaction under TSX‑V CPC policy but provides no further specifics at this time.
• Trading of Jo‑Jo Capital Canada’s common shares remains halted; resumption will occur only after the TSX‑V completes its review.

Notable Quotes

(No executive quotes were included in the release.)