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Northfield Capital Announces Transaction to Acquire Remaining Minority Interest of Northfield Aviation

Summary by Ground News
Northfield Capital Corporation is pleased to announce that its wholly-owned subsidiary, Spruce Goose Aviation Inc. has entered into a share purchase agreement dated May 5, 2025 with Iain Hayden to acquire all of the shares of Northfield Aviation Group Inc. not already owned by Spruce Goose. In consideration for the Purchased Shares, Spruce Goose will cause the Corporation to issue to the Vendor 60,000 Class A restricted voting shares of the Corporation at a deemed issue price of C$5.23 per share.

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Inside Ottawa Valley broke the news in Ottawa, Canada on Monday, May 5, 2025.
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