VANCOUVER, April 17, 2025 – TheNewswire - 1325966 BC Ltd. (“AgritechProperties” or the “Company”) is pleased to announce it has completed  a non-brokered private placement of 4,075,000 shares at a price of $.20 per share for gross proceeds of $815,000.

 

Proceeds have been applied towards  operational expenses related to completing conditions for the acquisition of  

Technologies SGG Canada Inc. (“SGG”).  The Company has entered into a definitive agreement dated January 15, 2025 to enter into a business combination  with SGG which is subject to completion of certain corporate changes and funding requirements to proceed.  

 

The SGG group of companies have 12 years of operating in cold storage manufacture and installation delivering optimal cold storage conditions for a large variety of goods. The two Founders have created or licensed Agricultural Technology Intellectual Property (IP) from around the world. The IP covers three separate niche markets: controlled atmosphere, indoor cultivation, and biomass to energy. Further details on the substantive operations will be disclosed in future news releases as the merger proceeds.

 

 The shares issued in the Private Placement will be subject to a four month hold period under applicable Canadian securities legislation.

About AgriTech:

1325966 BC Ltd. is an unlisted reporting Issuer in the business of identifying and improving indoor agriculture storage and vertical grow properties into sale and lease opportunities. AgritechProperties intends to compete a strategic merger with leading controlled atmosphere technology firm Technologies SGG Canada Inc. to acquire and apply its IP in a growing number of Agroville sites.

 

Donald Gordon, Director

AgritechProperties

Ph: 604-617-7221

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

 

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

 

No regulatory authority has approved or disapproved the information contained in this news release.

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