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NexLiving Communities Announces Shareholder Approval in Connection with Devcore Group Transaction

Newswire.ca - Wed Apr 3, 3:08PM CDT

HALIFAX, NS, April 3, 2024 /CNW/ - (TSXV: NXLV) – NexLiving Communities Inc. ("NexLiving" or the "Company") is pleased to announce that shareholders voted in favour of the resolution (the "Transaction Resolution") in connection with the Company's previously announced transaction to acquire from Devcore Group Inc. and related entities ("Devcore") a portfolio of multi-family assets in eastern Ontario and Québec consisting of 16 properties and 991 units in exchange for share consideration and the assumption of existing mortgages (collectively, the "Transaction").

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