The TSX Venture Exchange has accepted for filing documentation the asset purchase agreement dated Oct. 21, 2025, between the company and an arm's-length party. Pursuant to the terms of agreement, the company has acquired a 100-per-cent interest in the business assets of Geebo Device Repair Inc. As consideration for the acquisition, the company has paid to the vendor $600,000 in cash and issued an aggregate of 4,371,256 common shares of the company at a deemed price of 16.7 cents per share. The shares have been placed into escrow and will be released pursuant to a customary escrow agreement. Additionally, the company and the vendor have entered into a non-convertible vendor takeback promissory note in the principal amount of $250,000, which will mature two years from the date of issuance.
For further information, please refer to the company's news releases dated Oct. 22, 2025, and Dec. 1, 2025.
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