Energroup Holdings Corp. Finalizes Court-Ordered Share Cancellations and Announces Acquisition Plans

Written By Anya Overmann

Las Vegas, NV – August 19, 2025 – Energroup Holdings Corp. (OTC: ENHD) today announced that 14,688,948 common shares were cancelled pursuant to a court order obtained by the Custodian, Synergy Management Group, and that the custodianship for the company has been discharged.

This action officially concludes the company’s custodianship and positions Energroup to move forward with acquisitions and operational growth.

Energroup has entered into an agreement to acquire Cocannco Inc. Cocannco has completed the acquisition of Clearly California Products Inc., a development-stage cannabis brand with multiple formulated products, proven retail sales traction, and a pipeline of new products.

Cocannco is also conducting due diligence for the acquisition of a 31,000-square-foot facility in Santa Rosa, California, which has 10,000 square feet of licensed indoor cultivation canopy, that is expandable to 18,000 square feet. The facility operates its own cannabis brand sold in over 150 retail locations across California, providing an established distribution footprint and brand recognition.

Following the closing of these transactions, Energroup intends to initiate an audit of the company and its subsidiaries in preparation for becoming a fully reporting company with the U.S. Securities and Exchange Commission (SEC). Energroup also intends to seek qualification for the OTCQB market and satisfy the requirements of Rule 15c2-11 to enhance the public trading of its shares.

Key Points

  • Court-Ordered Share Cancellation Finalized: 14,688,948 common shares cancelled, custodianship discharged.

  • Energroup to Acquire Cocannco Inc.: Agreement expands Energroup’s platform in the cannabis sector.

  • Santa Rosa Cultivation Facility: 31,000 sq. ft. site with 10,000 sq. ft. of canopy, expandable to 18,000 sq. ft., with branded products in 150+ retail locations.

  • Audit and Uplisting Plans: Energroup targeting SEC reporting status and OTCQB qualification.

About Energroup Holdings Corp.

Energroup Holdings Corp. (OTC: ENHD) is a diversified holding company focused on acquiring and managing assets in emerging industries. Energroup is dedicated to expanding its portfolio and strengthening its position in the rapidly growing cannabis sector.

For more information about Energroup Holdings Corp., please contact:
Donald Clark, CEO
dclark@keyresources.me
-
Energroup Holdings Corp.
1817 Maryal Drive, Suite 100
Sacramento, CA 95864

Anya Overmann