The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of an analytics and artificial intelligence software product, also known as a risk management platform, pursuant to a master services and licence agreement dated Feb. 9, 2024, between the company and an arm's-length developer. Consideration is as follows:
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Upon exchange approval, $250,000 cash;
- Upon the company's acceptance of the fire analysis and management platform, 833,333 common shares;
- Upon the company's acceptance of crime analysis and modelling platform, 833,333 common shares;
- Upon the company's acceptance of disaster analysis and modelling platform, 833,333 common shares
For further details, please refer to the company's news release dated Feb. 8, 2024.
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