CN Energy Group to Buy Blessing Logistics for $2 Million in Shares

Reuters02-23
CN Energy Group to Buy Blessing Logistics for $2 Million in Shares

CN Energy Group Inc. has signed a share purchase agreement to acquire 100% of Blessing Logistics Ltd., an Alberta-incorporated oil trading company, for total consideration of $2.0 million to be paid in CN Energy Class A ordinary shares. The share count will be based on the five-day volume-weighted average price immediately before closing, and the deal is expected to close on or before March 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602230630PR_NEWS_USPR_____CN93085) on February 23, 2026, and is solely responsible for the information contained therein.

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