15:53:49 EDT Thu 27 Aug 2026
Enter Symbol
or Name
USA
CA



Tokenwell Platforms Inc
Symbol TWEL
Shares Issued 61,533,092
Close 2026-08-26 C$ 0.01
Market Cap C$ 615,331
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Tokenwell shareholder Burgess sells 1.6 million shares

2026-08-27 14:23 ET - News Release

Mr. Timothy Burgess, a shareholder, reports

TIMOTHY J. BURGESS ANNOUNCES FURTHER EARLY-WARNING DISCLOSURE REGARDING TOKENWELL PLATFORMS INC

Seaside Capital Inc., a corporation controlled by Timothy J. Burgess (the acquiror and reporting insider), sold 1.6 million common shares of Tokenwell Platforms Inc. on Aug. 26, 2026, through the Canadian Securities Exchange.

The Aug. 26 shares were sold for aggregate gross proceeds of $16,000, representing a price of one cent per share.

Immediately before the Aug. 26 sale, the acquiror and entities controlled or directed by him held 8,909,120 common shares, representing approximately 14.48 per cent of the 61,533,092 outstanding common shares. Following the sale, they held 7,309,120 common shares, representing approximately 11.88 per cent. Including 750,000 presently exercisable options, the acquiror's securityholding percentage decreased from approximately 15.51 per cent immediately before the sale to approximately 12.94 per cent afterward, on a partially diluted basis.

Since the acquiror's Aug. 17, 2026, early warning report, Seaside Capital sold 453,979 common shares on Aug. 20, 300,000 common shares on Aug. 21 and 100,000 common shares on Aug. 24 and the Timothy J. Burgess Family Trust sold 118,217 common shares on Aug. 25. Those sales totalled 972,196 common shares. Including the Aug. 26 sale, aggregate dispositions since the most recent report are 2,572,196 common shares, representing approximately 4.18 per cent of the outstanding common shares. The Aug. 26 sale alone represented approximately 2.60 per cent of the outstanding common shares and triggered the further-disclosure requirement.

The shares were sold for investment portfolio management and liquidity purposes. The acquiror and the joint actors will continue to review their investment in the issuer and may acquire or dispose of additional securities depending on market conditions, the trading price of the common shares, the issuer's business and prospects, and other relevant factors.

A further early warning report will be filed on SEDAR+ under the issuer's profile. The issuer's head office is at 333 Terminal Ave., Suite 220, Vancouver, B.C., V6A 4C1. This release is being issued by Mr. Burgess and not by Tokenwell Platforms.

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