MDK Acquisition Inc. Announces Resignation of Director

Director resignation highlights MDK Acquisition Inc.'s dormant status and lack of operational progress.

Risk flags

• ●Operational risk is high, as the company has not commenced commercial operations and has not disclosed any progress toward a Qualifying Transaction. This matters because ongoing inactivity can erode investor confidence and value.
• ●Disclosure risk is significant, with no financial figures, asset details, or specific plans provided. Investors cannot assess the company's financial position or prospects based on the information released.
• ●Governance risk is present due to the resignation of a director without any explanation of succession planning, board composition, or how the departure affects oversight and decision-making.

Bottom line

This announcement signals that MDK Acquisition Inc. remains inactive, with no operational progress and minimal assets beyond cash. The resignation of John Burdiga as director removes a board member without clarifying succession or impact on governance. The company's stated purpose of seeking a Qualifying Transaction remains unfulfilled, with no disclosed targets, negotiations, or timelines. The lack of financial and operational disclosure leaves investors unable to assess risk, value, or prospects. There is no evidence of momentum toward value creation, and the only concrete information is the company's continued dormancy. Unless future announcements provide specific, measurable progress or financial transparency, this update is not actionable for investors. The key takeaway is the company's ongoing inactivity and lack of disclosed direction.

Announcement summary

(TSXV: MDK.P) MDK Acquisition Inc. announced that John Burdiga has resigned as a director of the Company effective immediately. The Board expressed sincere thanks to Mr. Burdiga for his dedicated service and valuable contributions during his tenure with the Company. MDK Acquisition Inc. is engaged in the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Company has not commenced commercial operations and has minimal assets other than cash. Hani Zabaneh is listed as a Director and contact for further information. The announcement was released on August 5, 2026. The company is located in British Columbia.

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