Sleeping Giant Capital Corporation (TSXV:SSX.P) entered into a purchase and sale agreement to acquire Non-operated working interests in certain oil and gas assets of Harvard Energy Partnership for CAD 0.31 million on January 8, 2024. The purchase price for the Assets is CAD 857,500, comprised of CAD 175,000 in cash and 4,550,000 in Sleeping Giant Shares at a price of CAD 0.15 per Sleeping Giant Share. Upon completion of the Transaction, the current shareholders of Sleeping Giant will hold 7,800,000 Sleeping Giant Shares representing approximately 63.2% of the Sleeping Giant Shares and Harvard will hold 4,550,000 Sleeping Giant Shares representing approximately 36.8% of the outstanding Sleeping Giant Shares.

Completion of the Transaction is subject to a number of conditions, including but not limited to, acceptance of TSXV and if applicable pursuant to the requirements of TSXV, majority of the minority approval.
As on May 28, 2024 the transaction has been approved by the TSX Venture Exchange and is expected to close on May 31, 2024. Final approval of the Transaction is subject to Sleeping Giant meeting certain conditions required by the TSXV. Following receipt of the TSXV?s final approval, the common shares of Sleeping Giant (?Sleeping Giant Shares?) will resume trading on the TSXV under the symbol ?SSX?

Sleeping Giant Capital Corporation (TSXV:SSX.P) completed the acquisition of Non-operated working interests in certain oil and gas assets of Harvard Energy Partnership on May 31, 2024.