Mr. Mario Beaulieu reports
GEEKCO ANNOUNCES AN EXTENSION AND CHANGES TO ITS OFFERING
Geekco Technologies Corp. has extended until Jan. 7, 2026, its non-brokered private placement previously announced on Oct. 27, 2025, and has converted it from a placement under the listed issuer financing exemption that is thus withdrawn to a placement launched under other prospectus exemptions such as for qualified investors. The revised private placement will now be for a gross proceeds of a maximum of $1-million (20 million units) without minimum. Each unit at a price of five cents will still consist of one Class A share of the share capital of the corporation and one warrant but each warrant will entitle the holder to acquire one additional common share at the revised price of five cents until three years from their issuance date.
The corporation intends to use the net proceeds from the private placement for its marketing campaign, the development and continuous improvement of its application as well as for general and working capital purposes.
Any intermediary can receive a cash commission of up to 7 per cent of the aggregate gross proceeds of subscriptions for the private placement submitted by this intermediary; and a commission in the form of intermediary warrants for an equivalent number of up to 7 per cent of the number of units issued under the private placement from subscriptions submitted by this intermediary. Each intermediary warrant will have the same terms as the warrants included in the units.
The private placement is subject to customary conditions, including the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange and any other applicable regulatory approvals. The units, common shares, warrants and intermediary warrants will be subject to resale restrictions for four months and one day from their issuance date.
About Geekco Technologies Corp.
Geekco is positioned at the forefront of technological solutions that are evolving the new way of doing marketing while stimulating and energizing the economy of each city and each neighbourhood by making consumers and shops interact like never before. Its Tell Me application allows users to discover businesses around them in real time using the interactive map, access exclusive rewards and even find a job. Shops thus increase their traffic and their visibility while recruiting their future employees. All this in the same app.
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