Yorkton Equity Group Inc. (TSXV:YEG) entered into an agreement to acquire The Dwell for CAD 41.7 million on December 2, 2022. As reported. Yorkton Equity Group has paid an initial deposit of CAD 0.2 million within three business days of the signing of the agreement, a second deposit of CAD 1 million is to be paid within three business days after the waiver or satisfaction of all conditions, and the remaining purchase price is to be paid on the closing date of the transaction. Yorkton Equity Group has also executed a commitment letter with one of Canada's leading commercial real estate capital and mortgage firms for CMHC insured financing for the acquisition. Under the terms of the agreement, Yorkton Equity Group has 60 days from the execution of the formal agreement to waive or satisfy all conditions in relation to the transaction, which includes obtaining internal approvals, satisfying itself of the status of and title to the Property, and obtaining the necessary financing to complete the transaction. The closing of the transaction is scheduled to be 30 days following the waiver or satisfaction of all of the conditions. The closing of the transaction is expected to take place in late February 2023. On February 6, 2023 there is Amendment of the Closing Date for the acquisition of The Dwell has been amended from thirty (30) days following the waiver or satisfaction of all of the conditions to March 2, 2023.

Yorkton Equity Group Inc. (TSXV:YEG) completed the acquisition of The Dwell on February 27, 2023.