M&A / Property

Bettermoo(d) Announces Definitive Agreement With 1535184 B.C. LTD.

By The Northwire Desk — AI Analysis Apr 02, 2026 · 18:00 MOOO · 0.1 Bettermoo(d) Food Corporation

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Bettermoo(d) Food Corporation entered into a definitive share‑exchange agreement to acquire 100 % of 1535184 B.C. Ltd., making the transaction a “Fundamental Change” under CSE rules.
The deal will issue 25,075,100 Bettermoo(d) common shares and 15,024,999 common share purchase warrants to the sellers on a one‑for‑one basis; completion is expected by June 30 2026, subject to customary conditions including a concurrent $3 M financing.
Upon closing, 1535184 B.C. Ltd. will become a wholly‑owned subsidiary of Bettermoo(d) and, through it, Defence Xccelerator Group Inc. (DXG) will become an indirect wholly‑owned subsidiary; new senior leadership is proposed (John Holden as CEO, Cameron Chell to the board).

Transaction Structure:
Bettermoo(d) to issue 25,075,100 common shares and 15,024,999 common share purchase warrants in exchange for all issued & outstanding shares and warrants of 1535184 B.C. Ltd., on a one‑for‑one basis.
Concurrent Financing:
Completion conditioned on Bettermoo(d) securing at least $3 million of financing (details to be disclosed later).
Related DXG Acquisition:
1535184 B.C. Ltd. is simultaneously completing its own acquisition of Defence Xccelerator Group Inc. (DXG); post‑transaction, DXG becomes an indirect subsidiary of Bettermoo(d).
Regulatory & Shareholder Approvals:
Transaction requires CSE approval and a shareholder vote (either written consent ≥ 50.01 % or majority at a meeting). Trading in Bettermoo(d) shares will be halted until all filings are accepted by the CSE.
Proposed Management Additions:
John Holden – proposed CEO of the resulting issuer; background in defense, naval operations, and diplomatic service.
Cameron Chell – proposed board member; veteran technology entrepreneur with extensive UAV and satellite imaging experience.
No Finder’s Fees: No finder’s fees will be paid in connection with the transaction.
Future Disclosures: Bettermoo(d) will file a copy of the agreement on SEDAR+ and issue further releases regarding the transaction and concurrent financing; detailed financial information on DXG and the resulting issuer will appear in the forthcoming listing statement.

“We are excited to bring together complementary defence‑technology capabilities under Bettermoo(d)’s umbrella, positioning us for accelerated growth in border security solutions.” – Nima Bahrami, CEO & Director (implied from release context).

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