Wednesday, April 17, 2024 6:21:25 AM
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v4.0 January 1, 2023) Page 1 of 14
Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
GIFA INC
If the issuer leases any assets, properties or facilities, clearly describe them as above and the terms of their leases.
Our principal office is located at Dr Fazil Kucuk Boulevard, Hamitkoy Junction, Lefkosa, Northern Cyprus,
Mersin 10, Turkey 99010. This location serves as our principal headquarters owned by GIFA Holding and
our primary operations are conducted from this location.
On October 14, 2022, the Company, paid off the total outstanding loan balance of $2,555,876 USD
against its headquarters. Concurrently, Turgay Ersalici Real Estate Investment Company (“TEREIC”)
made an offer to purchase the property from GIFA Holding Ltd for a price value of $10,867,000 USD,
which was accepted by unanimous written consent of the Board of Directors. The closing of the sale of
the property to TEREIC will be completed by October 1, 2024.
The property will remain our principal office location. We do not pay a lease to continue with our use of
the property.
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