Emergia News Releases
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Four real estate companies join forces to form DELMA Group and announce its listing on the CSE stock market
Montréal, March 23, 2018 – Four Canadian real estate companies today announced that they are consolidating their operations under the name of DELMA Group Inc. (“Delma Group “). The new company was born from the merger of Delma Resorts & Hotels, Delma Properties Canada LP, SEC Bromont 1 and Aydon Income Properties Inc. With the completion of the merger on January 19, 2018, the DELMA Group is listed on the Canadian Securities Exchange (CSE) under the symbol DLMA.
VANCOUVER, BC July 25, 2017: (CSE: AYD) Aydon Income Properties Inc. (“Aydon” or the “Company”) is pleased to announced that it has entered into a Share Purchase Agreement dated July 24th, 2017 (the “Agreement”) with the Delma Group (Delma Resorts & Hotels GP Inc., Delma Properties Canada LP, Delma Resorts & Hotels LP, Société En Commandite Bromont I, 9216-3583 Québec Inc.) whereby Aydon will acquire all of the issued and outstanding shares and units of the Delma Group (the “Purchased Securities”) for a price of $50,327,000 paid by the issuance of Aydon common shares (the “Proposed Transaction”).