(via TheNewswire)

Vancouver, BC – TheNewswire - June 22, 2026 – Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) (“ CiTech ” or the “ Company ”), a leading developer of autonomous, high-capacity mobile communications and security platforms, announces that, further to its press releases dated March 11, 2026, April 14, 2026, May 13, 2026 and June 1, 2026, the share sale agreement to acquire 100% of the issued shares of a Western Australian precision engineering and manufacturing company (the “ Proposed Acquisition ”) has been terminated.

The Company also announces that further to its press release dated May 12, 2026, the engagement letter with Centurion One Capital Corp. (" Centurion ") has been terminated, whereby the Company engaged Centurion as lead agent in connection with a brokered private placement to raise up to approximately $3,000,000.

Brenton Scott, Chief Executive Officer of CiTech, said “ As unfortunate as it is to not being able to close the acquisition at this point, we remain extremely positive about the current position of the company. We have significant opportunities as a result of our LOI with H. Cegielski – Poznan S.A. (“ HCP ”), a subsidiary of Polska Grupa Zbrojeniowa S.A. (“ PGZ ”), together with our Joint Venture with Juno Industries Inc. in Canada and significant interest from the mining sector within Australia .”

LOI with H. Cegielski – Poznan S.A. (HCP) Update

Further to the Company’s news releases dated February 17, 2026, and June 4, 2026, the Company’s Nexus 20 is due to arrive in Hamburg, Germany on July 21, 2026. Once cleared by customs, it will be transported to the HCP factory in Poznan for final fit out, assembly and testing and getting it ready for display at the MSPO Defence Expo (“ MSPO ”) in Kielce, Poland, between September 8 and 11.

MSPO: 34 th International Defence Industry Exhibition : September 8 – 11, 2026

In conjunction with Team Defence Australia, our Nexus 20, on route to Poland, will be on display at MSPO, which will be the first live demonstration of the Nexus 20, globally.

Brenton Scott, Chief Executive Officer of CiTech, commented further “ This is a significant opportunity to showcase the capability of the Nexus 20 in a defence environment. In the view of the company, there is enormous interest throughout the EU regarding defence and border security/surveillance, and the Nexus 20 is placed to take advantage of this and provide a solution being fully autonomous and unmanned. The display will also be prepared in conjunction with HCP, who will have representation present”.

On Behalf of the Board of Directors:

Brenton Scott
Director & Chief Executive Officer
Critical Infrastructure Technologies Ltd.
📧 Brenton.s@citech.com.au
📞 +61 411 751 191

About Critical Infrastructure Technologies Ltd.

Listed on the CSE with operations in Perth, Western Australia, CiTech is creating autonomous, high capacity, rapidly deployable technology that delivers essential services to where they are needed most. CiTech is targeting the mining, defence, border security/surveillance and emergency services sectors in relation to its first product release, the Nexus 16, which aims to provide critical mobile telecommunications for such sectors. Using patented technologies, CiTech’s self-deploying platform (SDP) provides a solution for two of the greatest limitations of current rapidly deployable communication solutions, strength of the tower and ability to rapidly self-deploy and operate, in numerous situations. The SDP is designed to support radio equipment including LTE (Long Term Evolution) and several other technological payloads, such as surveillance and anti-drone systems. CiTech has completed the research and development phase and is currently commercialising the first of many products that will be released. To learn more about the Company, visit www.citech.com.au .

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward Looking Information

The information contained herein contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, statements with respect to commercialization of the Company's products. Generally, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

Such forward-looking information is based on numerous assumptions, including among others, that the results of planned commercialization plans are as anticipated, costs of key inputs, the anticipated cost of planned growth activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that the expected contracts for the Company's products will be executed, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing; uncertainty of additional financing; the limited operating history of the Company; industry and governmental relations; reliance on key management and other personnel; actual growth of the Company's products being different from anticipated; changes in development and growth plans based upon results; availability of third party contractors; availability of equipment and supplies; failure of equipment and the Company's products to operate as anticipated; accidents; effects of weather and other natural phenomena and other risks associated with the technology and industrial industries; environmental risks; changes in laws and regulations; community relations and delays in obtaining governmental or other approvals and the risk factors with respect to the Company set out in the Company's filings with the Canadian securities regulators and available under the Company's profile on SEDAR+ at www.sedarplus.ca.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

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