JKS Resources Inc. (CSE: JKS) is pleased to announce the closing of two concurrent private placements.
JKS Resources Inc. (the "Company" or "JKS") (CSE: JKS) announces that it has entered into a definitive purchase and sale agreement (the "Agreement") dated January 12, 2024 with 18526 Yukon Inc. (the "Vendor"), an arm's length party, which sets out the general terms and conditions pursuant to which the Company will acquire all of the issued and outstanding common shares of a wholly-owned subsidiary of the Vendor (the "Target") from the Vendor in exchange for common shares of the Company and cash,