Mr. Alnesh Mohan reports

TRAIL BLAZER CAPITAL FILES FILING STATEMENT FOR QUALIFYING TRANSACTION WITH JUNO INDUSTRIES

Further to the news release dated March 25, 2026, April 2, 2026, May 1, 2026, Sept. 29, 2026, and Oct. 5, 2026, Trail Blazer Capital Corp. has filed its filing statement dated Oct. 13, 2026.

The filing statement describes the company's proposed qualifying transaction with Juno Industries Inc. whereby the company will acquire 100 per cent of the shares of Juno Industries through the amalgamation of Juno Industries with a wholly owned subsidiary of Trail Blazer, pursuant to an amalgamation agreement dated March 24, 2026, as amended. The company received conditional approval from the exchange to complete the transaction, subject to completion of certain other filings and a number of conditions, including final approval of the exchange. The parties anticipate the transaction will be completed on or about Oct. 16, 2026.

A copy of the filing statement is available under the company's SEDAR+ profile.

Following the completion of the transaction, the company, which will carry on the business of Juno Industries, will continue under the name Juno Industries Ltd. and trade on the TSX Venture Exchange under the symbol JUNO. Final acceptance of the transaction will occur upon the issuance of a final exchange bulletin, which will provide the proposed date on which the company's common shares will resume trading. Until such time, in accordance with the policies of the TSX-V, the company's common shares are currently halted from trading and will remain so until such time as required by the TSX-V policies.

About Juno Industries Inc.

Juno Industries is a defence technology company. Committed to building the future of intelligence and sovereign defence and working in close collaboration with end-users, Juno Industries is focused on developing and deploying artificial-intelligence-native command and control software and persistent sensor fabrics and building custom solutions to strengthen national security, sovereignty and defence capabilities by harnessing Canadian technical talent and innovation.

About Trail Blazer Capital Corp.

The company is designated as a capital pool company under TSX-V Policy 2.4. The company has not commenced commercial operations and has no assets other than cash. The company's objective is to identify and evaluate businesses or assets with a view to completing a qualifying transaction. Any proposed qualifying transaction must be approved by the exchange and, in the case of a non-arm's-length qualifying transaction, must also receive majority approval of the minority shareholders. Until the completion of a qualifying transaction, Trail Blazer will not carry on any business other than the identification and evaluation of businesses or assets with a view to completing a proposed qualifying transaction.

Completion of the transaction is subject to a number of conditions, including, but not limited to, exchange acceptance. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the filing statement, any information released or received with respect to the transaction may not be accurate or complete, and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

We seek Safe Harbor.