Yorkton Equity Group Inc. Announces Closing of Share Acquisition of Property Management Company

Edmonton, Alberta--(Newsfile Corp. - October 2, 2026) - Yorkton Equity Group Inc. (TSXV: YEG) ("YEG" or the "Company") announces that it has finalized and closed on the acquisition that was previously announced on July 2, 2026 and updated on September 2, 2026, of all the outstanding Class "A" common shares (the "YM Shares") of Lui International Group Inc., operating as Yorkton Management ("YM") by way of a share purchase agreement dated July 1, 2026, as amended (the "Share Purchase Agreement"), between the Company, YM, Mr. Ben Lui (the CEO, director and majority shareholder of the Company) and a family member who is not a related party.

In accordance with the terms outlined in the Share Purchase Agreement, as amended, and in consideration for the YM Shares, the Company issued to the Vendors an aggregate of 8,340,485 common shares of the Company ("Common Shares") at an amended deemed price of $0.10 per Common Share based on the aggregate fair market value of $700,000 (the "Purchase Price"), subject to final closing adjustments in the amount of $134,048.59 for a total Purchase Price of $834,048.59 (the "Transaction"). Mr. Ben Lui as a related party received 4,253,647 Common Shares.

The Company has received approval from the TSX Venture Exchange for closing the Transaction. No finder's fees were paid in connection with the Transaction.

Related Party Transaction

Mr. Ben Lui is the CEO, director and majority shareholder of the Company. Accordingly, the Transaction is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. In particular, the Company has determined that the exemption set out in paragraph (b) in section 5.5 of MI 61-101 is applicable since the Company is only listed on the TSX Venture Exchange. In addition, regarding the minority shareholder approval exemption, the independent directors have determined that the exemption set out in paragraph (1)(a) in section 5.7 of MI 61-101 is applicable in that the fair market value of the YM Shares and the fair market value of the consideration does not exceed 25% of the Company's market capitalization.

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