(TheNewswire)
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Edmonton, Alberta – (March 5 th , 2025) – TheNewswire - Yorkton Equity Group Inc. (TSXV YEG) (“Yorkton” or the “Company”) announces with profound sadness the passing of Mr. Reg Liyanage on February 23 rd , 2025, from illness.
Mr. Liyanage served as Yorkton’s Executive Vice-President from November 2020 until October 2023, when he took a long-term medical leave. He was a dedicated and valued member of the Yorkton team and his presence, strong work ethic, and positive contributions to the Company will be highly missed
With over 30 years of experience in commercial real estate, Mr. Liyanage played an essential role in marketing and syndicating various commercial properties. His expertise also extended to project management, development, redevelopment and making meaningful contributions to his community throughout his career.
Mr. Ben Lui, President & CEO of Yorkton, shared, “Reg was not only a valued colleague but also a dear friend. He was a dedicated and hard-working member of our Yorkton team. On behalf of the Board of Directors and management, we are grateful for his contributions and extend our heartfelt sympathies to his family.”
About Yorkton
Yorkton Equity Group Inc. is a growth-oriented real estate investment company committed to providing shareholders with growing assets through accretive acquisitions, organic growth, and the active management of multi-family rental properties with significant upside potential. Our current geographical focus is in Alberta and British Columbia with diversified and growing economies, and strong population in-migration. Our business objectives are to achieve growing Net Operating Income (“NOI”) and asset values in our multi-family rental property portfolio in strategic markets across Western Canada.
The management team at Yorkton Equity Group Inc. has well over 30 years of prior real estate experience in acquiring and managing rental assets.
Further information about Yorkton is available on the Company’s website at www.yorktonequitygroup.com and the SEDAR+ website at www.sedarplus.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information on Yorkton, please contact:
Ben Lui, CEO
Telephone: (780) 409-8228
Email: investors@yorktonequitygroup.com
Forward-looking information
This press release may include forward-looking information within the meaning of Canadian securities legislation concerning the business of Yorkton. Forward-looking information is based on certain key expectations and assumptions made by the management of Yorkton. Although Yorkton believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Yorkton can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. Yorkton disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any applicable securities laws or any state of the United States and may not be offered or sold in the United States or to the account or benefit of a person in the United States absent an exemption from the registration requirement
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