McChip Resources sells $2.08M in securities amid liquidation push
McChip Resources Inc. has completed another round of asset sales as part of its ongoing liquidation plan. Between September and December 2025, the company sold off marketable securities for roughly $2.08 million. Shareholders and the TSX Venture Exchange both approved the transactions in advance.
The latest sales took place from 10 September to 23 December 2025. These involved securities from several unnamed public companies, though the exact firms were not disclosed. The company confirmed the total gross proceeds reached about $2.08 million.
Before proceeding, McChip secured written consent from holders of over 50% of its outstanding common shares. The TSX Venture Exchange also reviewed and greenlit the dispositions. This follows earlier sales in 2025, bringing the year's total from liquidated securities to $8,039,688. The moves align with the company's broader strategy to wind down its investment portfolio. No further details on the specific securities sold have been released.
With these transactions, McChip has now liquidated over $8 million in assets during 2025. The proceeds will contribute to the company's financial restructuring efforts. Shareholder approval and exchange compliance were confirmed for all recent sales.
