Maple Peak Investments Pursues CJN Acquisition

Maple Peak Investments (TSE:MAP) has released an update.

Maple Peak Investments Inc. (TSXV: MAP) has announced a significant move to acquire all shares of Citizen Journalism Network (CJN) Invest Ltd., with the intent of a reverse takeover. Following the transaction, MAP will be renamed Citizen Journalism Network International Limited and will transition from the TSX Venture Exchange to the Canadian Securities Exchange. This strategic acquisition aims to position the newly formed entity as a leader in alternative digital media, capitalizing on CJN’s strong presence on platforms such as X (formerly Twitter) and its involvement in tech/Web3 startup incubation.

For further insights into TSE:MAP stock, check out TipRanks’ Stock Analysis page.