G2S2 Capital Inc. agreed to acquire Best Western Hotel in Grande Prairie, Alberta from Holloway Lodging Corporation for CAD 11.5 million subsequent to the end of the third quarter of 2020. The transaction constitutes a related party transaction pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The transaction was reviewed and approved by the board of directors of Clarke Inc. (TSX : CKI). The transaction is subject to customary closing conditions and, subject to the satisfaction or waiver of those conditions. The transaction is expected to close by year end 2020. G2S2 Capital Inc. completed the acquisition of Best Western Hotel in Grande Prairie, Alberta from Holloway Lodging Corporation on December 15, 2020.