Duyuru • May 16
Good Purpose Investments Inc. completed the acquisition of Steep Hill Inc. (CNSX:STPH) in a reverse merger transaction. Good Purpose Investments Inc. entered into an agreement to acquire Steep Hill Inc. (CNSX:STPH) for CAD 1.8 million in a reverse merger transaction on November 12, 2025. Good Purpose shareholders will exchange all of the common shares of Good Purpose for post-Consolidation common shares of the Resulting Issuer based on an exchange ratio equal to one Resulting Issuer Shares for each one Good Purpose Share to a maximum of 62 million Resulting Issuer Shares. As of December 19, 2025, the parties entered into an amending agreement such that Good Purpose shareholders will exchange all of the common shares of Good Purpose for post-consolidation common shares of the Resulting Issuer, based on an exchange ratio equal to one Resulting Issuer Shares for each one Good Purpose Share to a maximum of 30,818,614 Resulting Issuer Shares. As such, the Transaction will result in a reverse takeover of the Steep Hill by the shareholders of Good Purpose upon completion of the Transaction, and the Resulting Issuer’s primary business will be the business of Good Purpose. In connection with the Transaction, the Steep Hill intends to: (i) change its name to “Good Purpose Investments Inc.” or such other name as the Steep Hill and Good Purpose may mutually agree; (ii) change its stock exchange ticker symbol to a symbol to be determined between the parties and acceptable to the CSE; (iii) consolidate its issued and outstanding common shares on the basis of one post consolidation common shares for every three pre-consolidation common shares of the Steep Hill; and (iv) reconstitute its board of directors and management team.
Completion of the Transaction is subject to a number of terms and conditions customary for transactions of this nature, including, among other things, Good Purpose having completed the Good Purpose Financing receipt of all necessary shareholder and regulatory approvals contemplated in the Amalgamation Agreement, the execution of related transaction documents, and listing approval of the CSE. In addition, the Transaction must be approved by not less than 66% of the votes cast at a meeting of shareholders of Good Purpose. The Company will also seek approval of the Transaction, the Name Change and the Consolidation at a meeting of the Steep Hill's shareholders. Certain securities issued in connection with the Transaction will be subject to escrow requirements of the CSE, mutually agreed upon escrow conditions, and hold periods as required by the CSE and applicable securities laws. Steep Hill Inc. board recommend the transaction. The special meeting of shareholders of Steep Hill will be held to approve the transaction on March 26, 2026. As of March 26, 2026, the parties extended the outside date for completion of the transaction to May 7, 2026.
Endeavor Trust Corporation acted as transfer agent for Steep Hill Inc.
Good Purpose Investments Inc. completed the acquisition of Steep Hill Inc. (CNSX:STPH) in a reverse merger transaction on May 14, 2026. Upon completion of the Transaction, 7.36% of the Common Shares being held by shareholders of Steep Hill Inc. and 92.64% of the Common Shares being held by GPI shareholders. Steep Hill Inc. changed its name to Good Purpose Investments Inc. The Common Shares are expected to commence trading on the CSE under the new name and the new ticker symbol “GPIN” as of market open on May 19, 2026.
Concurrently with Closing, the board of directors of Steep Hill Inc. was reconstituted to consist of Monique Maissan, Max Whiffin, Hani Zabaneh and Sameet Kanade. George Tsogas has been appointed Chief Executive Officer, Melissa Kinnoch has been appointed Chief Financial Officer and Corporate Secretary, Monique Maissan has been appointed Chief Development Officer and Max Whiffin has been appointed Vice President, Corporate Development. Duyuru • Nov 14
Good Purpose Investments Inc. entered into an agreement to acquire Steep Hill Inc. (CNSX:STPH) in a reverse merger transaction. Good Purpose Investments Inc. entered into an agreement to acquire Steep Hill Inc. (CNSX:STPH) in a reverse merger transaction on November 12, 2025. Good Purpose shareholders will exchange all of the common shares of Good Purpose for post-Consolidation common shares of the Resulting Issuer based on an exchange ratio equal to one Resulting Issuer Shares for each one Good Purpose Share to a maximum of 62 million Resulting Issuer Shares. As such, the Transaction will result in a reverse takeover of the Steep Hill by the shareholders of Good Purpose upon completion of the Transaction, and the Resulting Issuer’s primary business will be the business of Good Purpose.
In connection with the Transaction, the Steep Hill intends to: (i) change its name to “Good Purpose Investments Inc.” or such other name as the Steep Hill and Good Purpose may mutually agree; (ii) change its stock exchange ticker symbol to a symbol to be determined between the parties and acceptable to the CSE; (iii) consolidate its issued and outstanding common shares on the basis of one post consolidation common shares for every three pre-consolidation common shares of the Steep Hill; and (iv) reconstitute its board of directors and management team.
Completion of the Transaction is subject to a number of terms and conditions customary for transactions of this nature, including, among other things, Good Purpose having completed the Good Purpose Financing receipt of all necessary shareholder and regulatory approvals contemplated in the Amalgamation Agreement, the execution of related transaction documents, and listing approval of the CSE. In addition, the Transaction must be approved by not less than 66?% of the votes cast at a meeting of shareholders of Good Purpose. The Company will also seek approval of the Transaction, the Name Change and the Consolidation at a meeting of the Steep Hill's shareholders. Certain securities issued in connection with the Transaction will be subject to escrow requirements of the CSE, mutually agreed upon escrow conditions, and hold periods as required by the CSE and applicable securities laws. Duyuru • Jul 04
Lir Life Sciences Inc. cancelled the acquisition of Steep Hill Inc. (CNSX:STPH) in a reverse merger transaction. Lir Life Sciences Inc. entered into a share purchase agreement to acquire Steep Hill Inc. (CNSX:STPH) for CAD 8.2 million in a reverse merger transaction on February 12, 2025. As part of the consideration, 136,054,422 common shares of Steep Hill issued at the price of CAD 0.147. Lir will be required to complete an equity financing for proceeds of at least CAD 1,000,000 concurrently with the closing of the Acquisition, and the Company’s shares will be consolidated on a 3-for-1 basis immediately following completion of the Acquisition and Concurrent Financing. Concurrently with the completion of the Acquisition, all current Directors of the Company, except for Mr. Sameet Kanade, will resign and be replaced by nominees of LIR. The transaction is subject to the approval of target's shareholders, regulatory approvals and the consummation of concurrent financing.
Lir Life Sciences Inc. cancelled the acquisition of Steep Hill Inc. (CNSX:STPH) in a reverse merger transaction on July 3, 2025. Duyuru • Apr 02
Steep Hill Inc., Annual General Meeting, May 15, 2025 Steep Hill Inc., Annual General Meeting, May 15, 2025. Duyuru • Mar 05
Steep Hill Inc., Annual General Meeting, Apr 07, 2025 Steep Hill Inc., Annual General Meeting, Apr 07, 2025. Duyuru • Feb 14
Lir Life Sciences Inc. entered into a share purchase agreement to acquire Steep Hill Inc. (CNSX:STPH) for CAD 8.2 million in a reverse merger transaction. Lir Life Sciences Inc. entered into a share purchase agreement to acquire Steep Hill Inc. (CNSX:STPH) for CAD 8.2 million in a reverse merger transaction on February 12, 2025. As part of the consideration, 136,054,422 common shares of Steep Hill issued at the price of CAD 0.147. Lir will be required to complete an equity financing for proceeds of at least CAD 1,000,000 concurrently with the closing of the Acquisition, and the Company’s shares will be consolidated on a 3-for-1 basis immediately following completion of the Acquisition and Concurrent Financing. Concurrently with the completion of the Acquisition, all current Directors of the Company, except for Mr. Sameet Kanade, will resign and be replaced by nominees of LIR. The transaction is subject to the approval of target's shareholders, regulatory approvals and the consummation of concurrent financing. 