United Farmers of Alberta Co-operative Limited entered into a share purchase agreement to acquire 17% stake in Canterra Seeds Holdings Ltd. from Ceres Global Ag Corp. (TSX:CRP) for CAD 2.5 million on July 2, 2024. Ceres disposed of 1,286,187 Class A common shares of Canterra Seeds pursuant to a share purchase agreement dated July 2, 2024 with UFA for cash consideration of CAD 2,500,000 or approximately CAD 1.94 per Class A common share. Immediately following the disposition, Ceres held nil Class A common shares of Canterra Seeds. Scott Bolton, President & CEO of UFA, was appointed to the Canterra's board of directors and Jeff Wildeman resigned from the Corporation's board of directors.

United Farmers of Alberta Co-operative Limited completed the acquisition of 17% stake in Canterra Seeds Holdings Ltd. from Ceres Global Ag Corp. (TSX:CRP) on July 2, 2024.