Everyday people financial closes acquisition of ccs group holdings limited

Edmonton, alberta--(newsfile corp. - november 7, 2024) - everyday people financial corp. (tsxv: epf) (otcqb: epfcf) ("everyday people" or the "company"), a financial service provider, is pleased to announce that on november 7, 2024 (the "closing date"), its wholly-owned subsidiary, bpo collections limited ("bpo"), has closed the previously announced acquisition with the shareholders of ccs group holdings limited (the "sellers") to acquire 100% of the issued and outstanding shares (the "acquisition") in the capital of ccs group holdings limited (the "ccs shares"), and acquire ccs group holdings limited's wholly-owned subsidiary, commercial collection services limited ("ccs" and together with its parent company "ccs group"), pursuant to a share purchase agreement dated september 23, 2024 (the "purchase agreement"). all amounts are expressed in canadian dollars ("c") and british pound sterling ("£") using the bank of canada exchange rate of gbp=cad$1.8075.
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