Unknown buyers agreed to acquire 9.8% stake in Tornado Global Hydrovacs Ltd. (TSXV:TGH) from Empire Industries Ltd. (TSXV:EIL) for CAD 2.1 million on February 24, 2021. Under the terms of agreement, Empire Industries will sell 12,538,595 common shares of Tornado Global at a price of CAD 0.168 per share. Empire Industries intends to close the transaction as soon as possible and use the net proceeds of the for general working capital purposes.

Unknown buyers completed the acquisition of 9.8% stake in Tornado Global Hydrovacs Ltd. (TSXV:TGH) from Empire Industries Ltd. (TSXV:EIL) on February 26, 2021.