The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of 50.1 per cent of the issued and outstanding shares of Logia USA Inc. pursuant to the share transfer agreement dated Aug. 11, 2026. Pursuant to the terms of the agreement, the company will issue 132,603 shares to the vendor in order to complete the 50.1-per-cent acquisition of the target. For a period of three years after the closing date, an equity rebalancing mechanism will apply on the target, which may reduce the company's holding of the target to 5 per cent. The target is focused on selling advanced fuel integrity solutions for data centres in the United States. The vendor will be retained under a consulting agreement dated Aug. 11, 2026. The vendor will be paid $140,000 (U.S.) per year, which includes a profitability bonus, and can be issued up to 2,652,058 shares of the company upon completion of certain milestones. The company and the target have also entered into an unsecured credit facility agreement dated Aug. 11, 2026, in which the company will loan up to the principal amount of $2-million (U.S.), in up to eight tranches, to the target over a two-year period based on the target's key milestones, which are outlined in the company's news release dated Aug. 11, 2026. Each tranche of the credit agreement bears an interest rate of 6.0 per cent per annum and matures on the earlier of: (i) the third anniversary of the first advance payment and (ii) the rebalancing effective date (as defined in the agreement).

No finder's fee was paid.

For further details, please refer to the company's news releases dated Aug. 11, 2026, and Aug. 26, 2026.