Buffalo Potash Corporation Announces Completion of Reverse Takeover
TMX Newsfile·2025-12-30 00:21

Core Viewpoint - Buffalo Potash Corporation has successfully completed a business combination with Buffalo Potash Corp, enhancing its position in the potash industry through innovative solution mining technology [1][3]. Transaction Details - The business combination was executed under a merger agreement dated October 1, 2025, leading to the amalgamation of Buffalo Potash Corporation, Buffalo SK, and AcquisitionCo [3]. - A filing statement was prepared and filed on December 23, 2025, in compliance with TSXV Policy 5.2 [2]. Financing - Buffalo SK completed a brokered private placement of subscription receipts on December 22, 2025, with Ventum Financial Corp as the lead agent [4]. Corporate Changes - The company changed its name to "Buffalo Potash Corporation" effective December 24, 2025, and has received conditional acceptance for listing its common shares on the TSX Venture Exchange [5]. - A new board and management team were appointed following the completion of the transaction, with all existing directors and officers resigning [6][13]. Escrow Agreement - An Escrow Agreement was established, involving the deposit of 10,721,721 common shares, 478,008 performance warrants, and 1,852,170 stock options into escrow, with a structured release schedule [7]. Securities Exchange - Holders of Buffalo SK shares received 75,966,420 common shares of the company at a deemed price of $0.25 per share, along with the exchange of stock options and warrants on similar terms [12]. Company Overview - Buffalo Potash is focused on developing potash resources in Saskatchewan, utilizing its patented Horizontal Line-Drive technology to pursue a modular approach to solution mining [9].

Buffalo Potash Corporation Announces Completion of Reverse Takeover - Reportify