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Toronto, Ontario–(Newsfile Corp. – March 30, 2026) – Credo Resources Inc. (“Credo<\/b>” or the “Company<\/b>“) announces the termination, by mutual agreement of both parties, of its previously announced amalgamation agreement with its wholly owned subsidiary, 1001033383 Ontario Inc. (“Credo Subco<\/b>“), and SkyKove International Ltd. (“SkyKove<\/b>“). The agreement has been terminated in accordance with its terms, further to the Company’s initial announcement regarding this transaction dated December 24, 2024.<\/p>\n
As a result, Credo will not proceed with the proposed amalgamation of SkyKove by Credo Subco. The Company is actively evaluating alternative business opportunities and acquisition targets.<\/p>\n
Credo is an unlisted reporting issuer in good standing under the Securities Act<\/i> (Quebec). The Company currently has 11,688,753 common shares issued and outstanding, with no warrants or stock options outstanding.<\/p>\n For further information, please contact:<\/b> The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the companies’ expectations and projections. <\/i><\/p>\n NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.<\/b><\/p>\n\n
\nDominique Monardo, CEO
\nEmail: dmonardo@rogers.com<\/a><\/p>\n<\/div>\n