Mr. Mike Marrandino reports
INVERITE CLOSES $862,123 PRIVATE PLACEMENT AND SHARES FOR DEBT
ISSUANCE
Further to its news release dated Nov. 28, 2025, Inverite Insights Inc. has closed the private placement in the amount of 3,448,492 units for aggregate proceeds of
$762,123 and in settlement of $100,000 in debt. Each unit comprises a common share and one-half
warrant; a whole warrant is exercisable to purchase a common share at a price of 35 cents for a period of
two years.
In connection with the private placement, the company paid finders' fees of $10,500 in cash and 42,000
warrants exercisable at 35 cents for two years. All securities will be subject to a hold period until April 9,
2026.
Insiders and related parties of the company acquired 808,492 units issued pursuant to the above
transactions, with the associated common shares representing approximately 1.47 per cent of the issued
common shares upon closing and, if the associated warrants are exercised, an aggregate number of
common shares representing approximately 2.19 per cent of the then-issued common shares calculated as of
closing. The participation by the insider constitutes a related party transaction within the meaning of
the policies of the CSE and Multilateral Instrument 61-101, Protection of Minority Security Holders in
Special Transactions. The company is relying upon the exemptions from the formal
valuation and minority shareholder approval requirements pursuant to sections 5.5(a) and (b), and
5.7(1)(a), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter
of nor the fair market value of the consideration for the transaction, insofar as it involves interested
parties (within the meaning of MI 61-101) in the placement, exceeds 25 per cent of the company's market
capitalization calculated in accordance with MI 61-101 and on the basis that no securities of the
company are listed or quoted on a stock exchange as specified in MI 61-101.
About Inverite Insights Inc.
Inverite Insights is a Vancouver-based, AI-driven (artificial intelligence)
software
provider specializing in real-time financial data. With a vast database of over 30 billion financial data points
from more than seven million unique Canadian consumer transactions, Inverite empowers businesses to transact
more effectively with consumers through innovative solutions for data enrichment, identity, risk management
and compliance.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.