Starrex International Announces Acquisition of All American Title Group of Companies

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Mar 20, 2023

CALGARY, AB / ACCESSWIRE / March 20, 2023 / Starrex International, Ltd ("Starrex" or the "Company") (CSE:STX)(OTCQB:STXMF) is pleased to announce that pursuant to a number of agreements dated March 17, 2023 (the "Purchase Agreements") it acquired several arm's length U.S. entities which operate a real estate title business in Minnesota and Wisconsin (collectively, the "Title Business"). The aggregate consideration for the Title Business was US$9.0 million consisting of a combination of cash and promissory notes, subject to adjustment in accordance with the Purchase Agreements.