02:46:07 EDT Tue 24 Mar 2026
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Stickit Technologies Inc (2)
Symbol STKT
Shares Issued 25,509,471
Close 2026-03-17 C$ 0.045
Market Cap C$ 1,147,926
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Stickit Technologies appoints David to board

2026-03-23 21:04 ET - News Release

Mr. Eli Ben-Haroosh reports

STICKIT ANNOUNCES CORPORATE CHANGES

Stickit Technologies Inc.'s Asher Holzer and Steven Glaser have both resigned as directors of the company, effective immediately. The board would like to thank them for their services to date.

The company has appointed Ohad David as a director of the company.

Mr. David brings to the company over 15 years of experience in the international trading industry, particularly in the area of importing and exporting precious commodities. Since January, 2022, Mr. David has served as chief executive officer for Starmet Ventures Inc. In his role as CEO, he focuses on business development, investor relations and day-to-day management. Mr. David has cultivated his experience in the industry through a number of business ventures across multiple industries.

About Stickit Technologies Inc.

Stickit's primary assets consist of patents and patent applications related to plant extracts, therapeutic compounds in smoking utensils and honey complexes. Stickit has already patents granted in United States, Europe, Israel and Canada. The Extra-C stick is created through a unique proprietary process, resulting in condensed cannabis oil presented in a toothpick-like matrix, allowing for the easy conversion of regular cigarettes into cannabis or hemp cigarettes.

Stickit operates from key facilities situated in Dalton, Northern Israel; these facilities are central to the company's research, development and manufacturing operations.

Stickit's operating model is to establish joint ventures in countries around the world where recreational cannabis is permitted. Each licensee/joint venture partner will establish a production facility in which it will add the cannabis content to sticks produced and supplied by Stickit. As part of those arrangements, Stickit is expected to provide the joint venture with the know-how required to manufacture the finished product. The licensee/joint venture partner will produce the finished product, adding cannabis to the raw materials provided by Stickit, and will sell them either directly to the points of sale or through distributors The licensee is expected to pay a set-up fee by investing the funds necessary to set up the local production facility. Each licensee will have exclusive rights to produce and market Stickit products in its designated territory.

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