SGD acquires Resource Group: $480K cash, 49% equity; board expansion, close Q2 2025

RenX Enterprises Corp.

Purchase price: $480,000 cash plus shares equal to 19% of SGD outstanding at close, plus convertible note to total 49% equity.
Board will be reorganized: 4 current directors remain, 3 appointed by Resource Group.
Transaction expected to close early Q2 2025, subject to customary conditions and Resource Group audit.
Resource Group holds exclusive Microtec license valued at $10.5M; Myakka site appraised at $12.75M; customer contracts $10.7M.
Bjarne Borg of Index Investment Group to join SGD board; Index becomes significant shareholder.

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