18:13:51 EDT Fri 17 Apr 2026
Enter Symbol
or Name
USA
CA



Prostar Holdings Inc
Symbol MAPS
Shares Issued 161,503,100
Close 2026-04-16 C$ 0.13
Market Cap C$ 20,995,403
Recent Sedar+ Documents

Prostar Holdings rolls out TracksAI

2026-04-17 14:42 ET - News Release

Mr. Page Tucker reports

PROSTAR LAUNCHES TRACKSAI, AN AI DRIVEN REAL-TIME ANALYTICS, PERFORMANCE, AND QUALITY CONTROL REPORTING MODULE

Prostar Holdings Inc. has launched TracksAI, an advanced AI-driven (artificial intelligence) reporting and analytics module designed to help organizations unlock the full value of their geospatial and operational data. Built to integrate seamlessly with PointMan and LinQD, TracksAI is designed to transform complex data into actionable data intelligence to support more informed and timely decision making.

Timely data analysis is essential to a company's operations, driving efficiency, reducing risk and enabling accurate performance measurement. TracksAI leverages advanced AI to automate the full life cycle of data from cleaning and validation to delivering predictive, actionable insights that reduce manual errors and help uncover hidden patterns. Seamlessly integrated with the PointMan platform, TracksAI automates reporting across field data collections that helps to measure data quality and performance and identify trends and anomalies in real time, providing clear, consistent and easy-to-understand metrics that significantly improve the speed, accuracy and efficiency of decision making.

"TracksAI represents another major milestone in our evolution as a company and the value we bring to our customers," stated Page Tucker, chief executive officer and founder of Prostar. "For years, organizations have been collecting vast amounts of data but have lacked the ability to fully utilize it. TracksAI changes that by transforming data into actionable data intelligence in real time. Implementing reporting and AI technologies was a natural progression to enhance our platform, and we believe an important step toward establishing PointMan as the de facto standard as the industry continues to transition toward more intelligent, data-driven operations."

Convertible debenture financing

Further to the company's news release dated Feb. 13, 2026, the company wishes to clarify the maximum number of shares and warrants issuable upon conversion of the convertible debentures issued in its private placement of secured convertible debentures. Upon full conversion of the convertible debentures into units of the company, the company will issue an aggregate of 6.75 million units, with each unit comprising one common share of the company and one-half of one common share purchase warrant of the company. Accordingly, a total of 6.75 million common shares and 3,375,000 warrants are issuable upon conversion of the convertible debentures. Each warrant entitles the holder thereof to purchase one additional common share at a price of 14 cents per common share for a period of five years from the closing date of the offering. The foregoing figures do not include any additional common shares that may be issuable in settlement of accrued interest of the convertible debentures, the number of which, if any, will be determined at the time the interest becomes payable, and such issuance will be subject to the approval of the TSX Venture Exchange.

Stock option grant

Following the recent expiration of over six million stock options, the company has granted 5,996,000 stock options to certain directors, officers, consultants and employees of the company pursuant to the company's long-term incentive plan. The options were granted at an exercise price of 15 cents per common share and are exercisable for a five-year term.

About Prostar Holdings Inc.

Prostar is a leading provider of geospatial intelligence technologies with a mission to become the global standard for mapping and managing critical infrastructure. The company delivers a software-as-a-service (SaaS) solution and an enterprise integration platform that transforms how critical infrastructure assets are identified, managed and maintained around the world.

Prostar's flagship products, PointMan and LinQD, make infrastructure mapping and management more accurate, accessible and connected than ever before. PointMan provides a powerful cloud and mobile precision mapping solution while LinQD seamlessly integrates both emerging technologies and legacy systems into a single unified platform. By streamlining the management of critical infrastructure, Prostar's solutions reduce risks, improve efficiencies and support regulatory compliance in complex, high-stakes environments.

The company's growing global customer base includes Fortune 500 corporations, leading construction and engineering firms, utilities, municipalities, and the U.S. Department of Transportation. Prostar has forged strategic alliances with global technology leaders, further extending its competitive advantage and accelerating adoption.

Prostar also holds an extensive intellectual property portfolio with 16 issued patents in the United States and Canada, securing its leadership position in precision mapping technologies.

Headquartered in Grand Junction, Colo., Prostar is committed to building a safer, smarter and more resilient infrastructure future around the world.

We seek Safe Harbor.

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