Blue Horizon Global Capital Corp. (CNSX:BHCC) entered into a securities purchase agreement to acquire 20% stake in Miss Globe Group Inc. for CAD 4.2 million on January 26, 2024. As per the terms, Blue Horizon Global Capital Corp.

(CNSX:BHCC) will acquire 2 million shares of Miss Globe Group Inc. at price of CAD 2.10 per MGGI Shares. The Purchase Price will be satisfied through a combination of cash and/or securities in the capital of the Company. In the event that Company satisfies the Purchase Price in full through the issuance of securities, the maximum number of common shares to be issued will be 10,500,000 common shares.

The Consideration Shares will be issued at a deemed price of CAD 0.40 per Consideration Share.