Announcement • Apr 10ELL Ventures Ltd completed the acquisition of 90% stake in Everybody Loves Languages Corp. (TSXV:ELL).ELL Ventures Ltd executed a business combination agreement to acquire 90% stake in Everybody Loves Languages Corp. (TSXV:ELL) for CAD 2.7 million on December 24, 2025. A cash consideration valued at CAD 0.085 per share will be paid by ELL Ventures Ltd. In case of termination of transaction, seller will pay a termination fee of CAD 0.25 million. Khurram Quereshi and Gali Bar-Ziv which collectively represent approximately 10% of all of the issued and outstanding shares of Everybody Loves Languages Corp. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board and approval of offer by target shareholders. The Board of Directors of Everybody Loves Languages Corp. formed a special committee for the transaction. The transaction was approved by the board of directors of ELLC on December 23, 2025. The expected completion of the transaction is March 10, 2026. As of March 26, 2026, the transaction was approved by the shareholders of ELL Ventures Ltd and Everybody Loves Languages Corp. approved the transaction. The amalgamation is expected to be completed on or about April 10, 2026. Rick Moscone of Fogler, Rubinoff LLP served as legal advisor to Everybody Loves Languages and David Kornhauser of Loopstra Nixon LLP served as legal advisor to ELL Ventures. ELL Ventures Ltd completed the acquisition of acquire 90% stake in Everybody Loves Languages Corp. (TSXV:ELL) on April 9, 2026. Amalco has applied to have its shares delisted from trading on the TSX Venture Exchange, which is expected to occur as early as close of business on April 14, 2026. It is also applying to cease to be a reporting issuer in each of British Columbia, Alberta, Ontario, Nova Scotia, and Newfoundland and Labrador and consequently become a private company. Computershare Investor Services Inc. acted as depository bank for ELL Ventures Ltd.
Announcement • Jan 06Everybody Loves Languages Corp., Annual General Meeting, Mar 03, 2026Everybody Loves Languages Corp., Annual General Meeting, Mar 03, 2026. Location: ontario, toronto Canada
New Risk • Dec 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 35% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Market cap is less than US$10m (CA$2.67m market cap, or US$1.95m). Minor Risk Revenue is less than US$5m (CA$2.6m revenue, or US$1.9m).
