Vancouver, British Columbia, Canada – June 20, 2025 – TheNewswire - GOAT Industries Ltd. (“Company” or “GOAT”) (CSE: GOAT) (OTC: BGTTF) (FWB: 26B.F) announces that the non-binding letter of intent (the “LOI”) dated February 20, 2025, with 7RCC Global Inc. (“7RCC”) has expired in accordance with its terms. The Company will not be proceeding with the proposed acquisition of 7RCC.

 

The Company continues to evaluate a range of strategic investment opportunities aligned with its focus on growth-oriented sectors and remains committed to creating long-term value for its shareholders.

 

ABOUT GOAT INDUSTRIES LTD.

GOAT is an investment issuer focused on investing in high-potential companies operating across a variety of industries and sectors. The goal of the Company is to generate maximum returns from its investments.

For more information about the Company, please visit https://www.goatindustries.co/. The Company’s final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on its profile page on SEDAR+ at www.sedarplus.ca.

 

ON BEHALF OF THE BOARD OF DIRECTORS

Interim Chief Executive Officer        Kevin Cornish

Head Office                        Suite 2300, 550 Burrard Street, Vancouver, BC V6C 2B5 Telephone                        1-204-801-3613

Website                        www.goatindustries.co

Email                        info@goatindustries.co

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking information and information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements in this news release include: the expiry of the LOI with 7RCC, statements regarding the Company’s ongoing evaluation of strategic opportunities and its commitment to creating shareholder value. Forward-looking statements are based on current expectations, beliefs, assumptions, estimates, and forecasts about the business, industry, and markets in which the Company operates. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied in such statements. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. The forward-looking information included in this news release are made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which are available on the Company’s profile at www.sedarplus.ca.