M&A / Property

Haviland extends Xogen QT outside date to June 30

By The Northwire Desk — AI Analysis Jan 29, 2026 · 20:19 HEC Haviland Enviro Corp

HEC · Price

Haviland Enviro Corp. and Xogen Technologies Inc. have entered into an amending agreement to extend the timeline for their proposed qualifying transaction.
The deadline to enter into a definitive agreement is now April 30, 2026, and the outside date for the transaction is extended to June 30, 2026.
Trading in Haviland Enviro Corp. remains halted pending final exchange approval of the transaction.

Amending Agreement: Executed on January 26, 2026, amending the original Letter of Intent dated May 9, 2023.
Timeline Extensions:
- Definitive Agreement Deadline: Extended to April 30, 2026.
- Outside Date for Transaction: Extended to June 30, 2026.
Transaction Status: All other material terms of the LOI remain unchanged.
Closing Conditions: The closing is subject to Xogen completing a private placement for minimum gross proceeds of $500,000.
Trading Status: Haviland Enviro Corp. shares are currently halted from trading pending final exchange approval.
Target Company (Xogen Technologies Inc.):
- Private cleantech company incorporated in Alberta (June 3, 2004).
- Develops proprietary advanced electro-oxidation technology for treating ammonia and contaminants in water.
- System generates recapturable offgases (hydrogen, oxygen, nitrogen) as a cost benefit.
- Has demonstrated viability via pilot plants at landfill sites in Canada and the US, and a commercial-scale pilot at the University of Massachusetts.
Acquirer (Haviland Enviro Corp.):
- Capital Pool Company listed on TSX Venture Exchange (Symbol: HEC.P).
- Has not commenced commercial operations and holds no assets other than cash.

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