Mr. Piyush Sawhney reports

DR. PHONE FIX ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FINANCING

Dr. Phone Fix Canada Corp. has arranged a non-brokered private placement of up to 16,666,667 units of the company at a price of 15 cents per unit for gross proceeds of up to $2.5-million.

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to acquire one share at an exercise price of 25 cents per share for a period of two years from the date of issuance of the warrant.

If, at any time following the closing of the offering, the volume-weighted average trading price of the company's shares on the TSX Venture Exchange is equal to or greater than 40 cents for a period of 10 consecutive trading days, the company may, at its option, accelerate the expiry date of the warrants to a date that is 30 days after written notice is provided to the warrant holders.

The company intends to use the net proceeds of the offering to support the implementation of its M&A (merger and acquisition) growth strategy and for general working capital purposes.

"This financing provides us with the resources to accelerate our growth strategy," said Piyush Sawhney, chief executive officer of Dr. Phone Fix. "In addition to opening new stores organically, we are targeting selective accretive M&A opportunities with the clear intention of approximately doubling our store count from 35 to 70 over the next 12 to 18 months. By expanding our national footprint, we will be well positioned to drive additional value for our shareholders, strengthen our industry partnerships and solidify our position as Canada's leading independent mobile device repair and services provider."

The offering is expected to close on or about Sept. 25, 2025, and is subject to customary conditions, including the approval of the TSX-V. The company reserves the right to increase the size of the offering to an offering of 26,666,667 units, for gross proceeds of up to $4-million, at any time prior to closing of the offering. All securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.

About Dr. Phone Fix Canada Corp.

Dr. Phone Fix is an award-winning, eco-friendly and customer-centric leader in Canada's cell phone and electronics repair and preowned resale industry. Founded in 2019, Dr. Phone Fix operates 35 corporately-owned retail locations across Canada, offering fast and reliable device repairs, certified preowned devices, and a wide range of accessories. The company maintains strong relationships with OEMs (original equipment manufacturers) and certified suppliers to ensure high-quality service and product offerings.

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