Redishred Capital Corp. Granted Final Order for VRC Acquisition

Redishred Capital Corp. has received the final court order to proceed with its acquisition by VRC Companies, LLC. The court approval allows VRC's subsidiary to acquire all of Redishred's common shares for CA$5.00 each. The deal completion is contingent on satisfying specific closing conditions and is expected by February 7, 2025. Upon closure, Redishred's shares will be delisted from the TSX Venture Exchange.

Shareholders primarily holding shares through intermediaries need not take action. Registered shareholders are required to submit documents to receive cash payouts. Assistance is available through Redishred's issuer profile. This acquisition marks a significant step in Redishred's operational transition and integration with VRC, aligning with its strategic objectives.