The TSX Venture Exchange has accepted for filing documentation in connection with three definitive transaction agreements dated Nov. 19, 2025, among the company, three private Ontario-based entities and their respective shareholders. Under the transaction agreements, the company acquired 100 per cent of the issued and outstanding shares of two target companies and the business and assets of the third target company as a unified transaction.

Megawire Inc. acquisition

The company entered into an asset purchase agreement to acquire all of the business, assets and undertaking of Megawire. Consideration for this acquisition was the issuance of 3,431,961 common shares at a deemed price of 58.28 cents per share, representing an aggregate value of $2-million.

Waterloo Wireless Inc. acquisition

The company entered into a share purchase agreement to acquire 100 per cent of the issued and outstanding shares of Waterloo from its shareholder. Consideration was the issuance of a $2.1-million secured convertible promissory note. The note has a three-year term, bears annual interest at 7 per cent payable monthly, and is secured by a first-priority security interest against all present and after-acquired property of Waterloo. The holder may convert up to 50 per cent of the outstanding principal into common shares at tiered conversion prices: 75 cents in year 1; $1 in year 2 and $1.25 in year 3.

Brimax Financial Services Inc. acquisition

The company entered into a share purchase agreement to acquire 100 per cent of the issued and outstanding shares of Brimax from its shareholders. Total cash consideration was $2.4-million.

The acquisitions are arm's length in nature. No finders' fees were payable in connection with these transactions.

For further details, please refer to the company's news releases dated Nov. 20, 2025, and Dec. 23, 2025.