Original News Release
Parent Capital not proceeding with Prism transaction
Mr. John Anderson reports
PARENT CAPITAL ANNOUNCES PROPOSED TRANSACTION WITH PRISM DIVERSIFIED LTD. NOT PROCEEDING
Parent Capital Corp. is not proceeding with a proposed business combination with Prism Diversified Ltd. The company previously announced on Nov. 28, 2025, that the parties had entered into a letter of intent dated Nov. 17, 2025. Following discussions, the parties were unable to proceed to a definitive agreement. The company will submit a request to the TSX Venture Exchange to remove the trading halt imposed in connection with the proposed transaction.
The company will continue to pursue and evaluate other opportunities for a potential acquisition.
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