Maynbridge Capital Inc. entered into an agreement to acquire Rental Assets of Zedcor Inc. from Zedcor Inc. (TSXV:ZDC) for CAD 11.3 million on May 28, 2021. Zedcor Inc.’s management and Board of Directors, other than Shillington, currently hold 30.24% of outstanding common shares. The transaction is conditional upon approval by Zedcor Inc.’s board of directors, approval by the TSX Venture Exchange, approval of a majority of the Company's disinterested shareholders and other customary closing conditions. As of May 28, the board of directors approved the transaction. The transaction is expected to close on or around June 30, 2021. The cash proceeds will be used to reduce indebtedness and for Security & Surveillance business expansion.