Yorkton Equity Group Inc. Successfully Closes the Acquisition of The Crystallina, a 184-Unit Multi-Family Residential Complex in Edmonton, Alberta

(TheNewswire)

Edmonton, Alberta – TheNewswire - (January 16, 2026) – Yorkton EquityGroup Inc. (TSXV:YEG) (“Yorkton” or the “Company”) is verypleased to announce the successful closing of the acquisition of“The Crystallina”, a one hundred and eighty-four (184) unitmulti-family residential complex in Edmonton constructed in 2016 andcomprising of three condominium quality buildings and a free standingamenity building with a fitness centre, social room and leasingoffice, situated on approximately 3.81 acres of land overlooking thescenic Crystallina Lake, located in the desirable Crystallina NeraEast neighborhood at 17904, 17908, 17912 and 17916 - 78 Street NW,Edmonton, Alberta (the “Property”).  

This acquisition, previously announced on October 24, 2025, wassuccessfully completed on January 15, 2026, for a purchase price of$46.0 million and has been funded by a combination of the Company’scash for the down payment and a Canada Mortgage and HousingCorporation (“CMHC”) insured mortgage of approximately $44.3million, inclusive of financing costs, that bears interest at a fixedrate of 3.692% for a 5-year term and is amortized over fifty (50)years. The Company paid a fee of 0.50% of the committed loan amount toa licensed mortgage broker for services in arranging the mortgagefinancing upon closing of the loan.

The Property was appraised at $46.75 million with a projected totalannual revenue of approximately $3.6 million and a projected totalannual Net Operating Income (“NOI”) of approximately $2.2 million,as well as a capitalization rate of approximately 4.9%. The Propertycurrently has an occupancy rate of 98.4%. Yorkton believes that therewill be a strong potential to grow the NOI in the coming years.

“Yorkton is pleased to complete the acquisition of The Crystallina,adding another high-quality, condominium-grade rental property to ourEdmonton portfolio,” says Ben Lui, President and CEO of Yorkton.“This follows our purchases of The Dwell (188 units) and The Fuse(125 units) and further increases our portfolio of high-quality,condominium-grade rental properties in Edmonton, Alberta. The city’sgrowing population, healthy economy, and affordable housing marketmake it an ideal location for expanding our portfolio. We look forwardto successfully integrating The Crystallina into our portfolio andcontinuing our growth to enhance our profitable proposition forshareholders.”

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The Property is comprised of fifty-one (51) one-bedroom withone-bathroom suites, ninety-seven (97) two-bedroom with one-bathroomsuites, and thirty-six (36) two-bedroom with two-bathroom suites. Theaverage suite size is 803 square feet and the total net rentable spaceis 147,826 square feet. Each suite is of condominium-quality andfeatures an open-concept design, quartz countertops, stainless steelappliances, walk-in closets, and in-suite laundry.  Each of the threeapartment buildings features underground parking, with a total of onehundred and twenty-eight (128) underground stalls, in addition to onehundred and fifty (150) surface parking stalls.  Additional amenitiesinclude a fully equipped fitness centre to support active lifestyle, amodern tenant lounge, a leasing office in the standalone amenitybuilding, energy-efficient solar panels, a community garden and a petrun.

About Yorkton

Yorkton Equity Group Inc. is a growth-oriented real estate investmentcompany committed to providing shareholders with growing assetsthrough accretive acquisitions, organic growth, and the activemanagement of multi-family rental properties with significant upsidepotential. Our current geographical focus is in Alberta and BritishColumbia with diversified and growing economies, and strong populationin-migration. Our business objectives are to achieve growing NetOperating Income (“NOI”) and asset values in our multi-familyrental property portfolio in strategic markets across Western Canada.

The management team at Yorkton Equity Group Inc. has well over 35years of prior real estate experience in acquiring and managing rentalassets.

Further information about Yorkton is available on the Company’swebsite at www.yorktonequitygroup.com and the SEDAR+ websiteat www.sedarplus.ca.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

For further information on Yorkton,please contact:

Ben Lui, CEO - Corporate Office: (780) 409-8228

Yorkton Equity Group Inc. – Shareholder Communications: (780)907-5263

Email: investors@yorktonequitygroup.com

Forward-looking information

This press release may include forward-lookinginformation within the meaning of Canadian securities legislationconcerning the business of Yorkton. Forward-looking information isbased on certain key expectations and assumptions made by themanagement of Yorkton. Although Yorkton believes that the expectationsand assumptions on which such forward-looking information is based arereasonable, undue reliance should not be placed on the forward-lookinginformation because Yorkton can give no assurance that they will proveto be correct. Forward-looking statements contained in this pressrelease are made as of the date of this press release. Yorktondisclaims any intent or obligation to update publicly anyforward-looking information, whether as a result of new information,future events or results or otherwise, other than as required byapplicable securities laws.

This press release does not constitute an offer to sellor a solicitation of an offer to buy any of the securities describedherein in the United States. The securities described herein have notbeen and will not be registered under the United States Securities Actof 1933, as amended, or any applicable securities laws or any state ofthe United States and may not be offered or sold in the United Statesor to the account or benefit of a person in the United States absentan exemption from the registration requirement.

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