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Jo-Jo Capital to acquire Placements Appalache Ltd.

PRIVATEMay 01, 2025

Acquiring Company

Jo-Jo Capital Canada Ltd

Acquired Company

Placements Appalache Limitée

TorontoQuebecMiningMineralMining Technology

Description

Jo-Jo Capital Canada Ltd. has signed a letter of intent to acquire up to a 100% interest in Placements Appalache Limitée. This acquisition is structured as a reverse takeover, wherein PAL shareholders will exchange their securities for Jo-Jo securities. The deal is expected to enhance Jo-Jo's market position in the mining sector, focusing on high-purity silica. Completion of the transaction is anticipated by regulatory approval and agreement on final terms.

Quick answer

Jo-Jo Capital Canada Ltd is acquiring Placements Appalache Limitée, announced May 1, 2025. Jo-Jo Capital Canada Ltd is based in Toronto, Ontario, Canada.

How much did Jo-Jo Capital Canada Ltd pay for Placements Appalache Limitée?
The deal value was not disclosed.
What does Jo-Jo Capital Canada Ltd do?
Jo-Jo Capital Canada Ltd. is a capital pool company (CPC) that has not commenced commercial operations and has no assets other than cash.
Where are Jo-Jo Capital Canada Ltd and Placements Appalache Limitée based?
Jo-Jo Capital Canada Ltd is based in Toronto, Ontario, Canada. Placements Appalache Limitée is based in Quebec, Canada.

Source: Fundz verified event record.

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Company Information

Company

Jo-Jo Capital Canada Ltd

Location

Toronto, Ontario, Canada

About

Jo-Jo Capital Canada Ltd. is a capital pool company (CPC) that has not commenced commercial operations and has no assets other than cash. The company is currently focused on the proposed “Qualifying Transaction” with 9302204 Canada Inc. (o/a Cheelcare) as announced on January 24, 2024.

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Frequently asked

Who acquired Placements Appalache Limitée?

Placements Appalache Limitée was acquired by Jo-Jo Capital Canada Ltd, based in Toronto. The deal was reported on May 1, 2025. Jo-Jo Capital Canada Ltd. is a capital pool company (CPC) that has not commenced commercial operations and has no assets other than cash. Jo-Jo Capital Canada Ltd is privately held.

When did Jo-Jo Capital Canada Ltd acquire Placements Appalache Limitée?

Jo-Jo Capital Canada Ltd's acquisition of Placements Appalache Limitée was reported on May 1, 2025. Jo-Jo Capital Canada Ltd. has signed a letter of intent to acquire up to a 100% interest in Placements Appalache Limitée. This acquisition is structured as a reverse takeover, wherein PAL shareholders will exchange their securities for Jo-Jo securities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Placements Appalache Limitée do?

Placements Appalache Limitée is a privately owned mining company established in Québec. The company specializes in silica mining and has exclusive rights over high-purity quartz deposits. It is privately held, operating in Mining, and is based in Quebec.

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