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VANCOUVER, British Columbia, April 14, 2025 (GLOBE NEWSWIRE) -- Avarga Limited announced that on April 14, 2025, it entered into a share purchase agreement through its wholly owned subsidiary, Avarga Canada Limited, to acquire a total of 2,397,200 common shares (“Common Shares”) of Taiga Building Products Ltd. (“Taiga”), a company with a head office at #800 - 4710 Kingsway, Burnaby, British Columbia, V5H 4M2, at a deemed purchase price of CDN$4.20 per Common Share for an aggregate purchase price of CDN$10,068,240, from a single vendor. The acquisition will be made by way of a private transaction in reliance on the private agreement exemption set out in section 4.2 of National Instrument 62-104 Take-Over Bids and Issuer Bids. Avarga Limited currently owns, directly or indirectly, or exercises control or direction over 77,708,814 Common Shares, representing approximately 72.0% of the total number of issued and outstanding Common Shares. After the acquisition, Avarga Limited will own, directly or i...
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