Mr. Chris Bursey reports
CONTROL BLOCK SALE AND KL RESIGNATION
Regarding a sale of a control block by Chris Bursey, the founder, chief executive officer and director of
the board of Direct Communication Solutions Inc., Mr. Bursey has filed a notice of intention to distribute securities in connection with
his proposed sale of up to 928,571 shares of common stock of the company (representing 39.6 per cent of the
issued and outstanding shares of common stock). The shares of common stock are expected to be sold or
transferred privately. If the maximum number of shares covered by his notice of intention are ultimately
sold, and assuming no other variation of his current share ownership, Mr. Bursey will no longer hold any
shares except that Mr. Bursey may acquire further shares pursuant to future market purchases and shares
issued pursuant to the company's securities-based compensation plan. Mr. Bursey may, depending on
market and other conditions, increase or decrease his securityholdings in the company from time to time
as he may determine appropriate for investment purposes. A copy of the notice of intention to distribute
securities (Form 45-102F1) filed by Mr. Bursey is available under the company's SEDAR+ profile. There
is no assurance as to the timing of the proposed sales contemplated in the notice, and any such proposed
sales may not occur.
The company further announces, effective May 19, 2025, the resignation of Konstantin Lichtenwald as the chief financial officer and the
termination of its agreement with Zeus Capital Ltd., of which Mr. Lichtenwald is the principal and which company provided its
assistance with the company's listings applications on various foreign exchanges. The company wishes him continued success
in his future endeavours. Mr. Bursey shall be the acting CFO until a replacement is appointed by the board of directors.
About Direct Communication Solutions Inc.
Direct Communication is a technology solution integrator focusing on connecting the Internet of Things. It provides real solutions that solve
real problems. Its software applications and scalable cloud services collect and assess business-critical data from all types of
assets. Direct Communication is headquartered in San Diego, Calif., and trades on the Canadian Securities Exchange (DCSI) and the Frankfurt Stock Exchange
(7QU).
We seek Safe Harbor.
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