Ms. Andrea Aranguren reports
MINEHUB PROVIDES UPDATE ON FINANCING
MineHub Technologies Inc., further to its Oct. 26, 2026, news release, has amended the terms of the private placement of $1.5-million as a result of changing market conditions. The private placement will now consist of up to 4,285,714 units at a price of 35 cents per unit. Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant, exercisable at a price of 50 cents per common share, and expiring two years from the closing date. Closing of the private placement is intended on or before Nov. 23, 2026.
Closing of the offering is subject to the company's receipt of TSX Venture Exchange approval. All securities issued under the offering will be subject to a hold period of four months and a day from the date of issuance. The company may pay finders' fees to eligible finders in connection with the offering.
The company intends to use the net proceeds of the offering for working capital and continuous evaluation of strategic, corporate and financial opportunities.
Certain insiders of the company may participate in the private placement, which participation will constitute a related-party transaction, as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The issuance of any units to insiders is exempt from the formal valuation requirements of Section 5.4 of MI 61-101, pursuant to Subsection 5.5(a) of MI 61-101, and exempt from the minority shareholder approval requirements of Section 5.6 of MI 61-101, pursuant to Subsection 5.7(1)(a) of MI 61-101.
About MineHub Technologies Inc.
MineHub is the digital supply chain platform for the commodity markets, making raw material supply chains more efficient, resilient and sustainable. MineHub provides enterprise-grade digital solutions that connect buyers, sellers, laboratories and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is useable, shareable, verifiable and unforgeable. Users of MineHub solutions are in full control of their supply chains, enabling them to optimize their use of resources, respond better and faster to disruptions, and provide better customer service. MineHub's product suite also includes Jules AI, a modular ERP (enterprise resource planning) platform purpose built for SMB (small and medium-sized business) commodity traders and recycled metals operators, delivering end-to-end management of purchases, sales, logistics and invoicing. Global enterprises already use MineHub solutions as part of their logistics, compliance, trade management and financing operations.
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