Mr. Dorian Banks reports

VALDOR ANNOUNCED NON-BINDING LETTER OF INTENT TO ACQUIRE EXCLUSIVE LICENSE FOR PPRTRL TECHNOLOGY PLATFORM

Valdor Technology International Inc. has entered into a non-binding letter of intent with 1000927676 Ontario Inc. (PPRTRL), pursuant to which Valdor will acquire the exclusive licence to resell the proprietary PPRTRL technology platform throughout North America and Europe for a period of five years.

About 1000927676 Ontario Inc. (PPRTRL)

PPRTRL is a proprietary technology platform that leverages blockchain and real-time monitoring to deliver secure, auditable digital transactions and user interactions across various industry applications. PPRTRL's real-time action logging feature ensures that every user interaction is recorded instantly, providing an immutable record for compliance and security. This transparency allows businesses to track activities seamlessly, enhancing trust and accountability in all digital transactions. PPRTRL's quantum-resistant security ensures that data remain secure against future threats. PPRTRL harnesses the power of artificial intelligence to identify and mitigate fraudulent activities in real time, safeguarding digital transactions like never before.

The transaction

Pursuant to the terms and conditions of the non-binding letter of intent dated May 15, 2025, between PPRTRL and the company, the company will receive a five-year exclusive resale licence (renewable upon mutual agreement) in North America and Europe, and, in consideration, will issue three million common shares of the company to PPRTRL upon execution of a definitive agreement.

The company will also pay a royalty on the gross revenues generated by the company from the licence of the platform as follows: 5 per cent of gross revenues up to $1-million; 4 per cent of gross revenues between $1,000,001 and $3-million; and 3 per cent of gross revenues in excess of $3-million. All company shares issuable to PPRTRL in connection with the transaction will be subject to a four-month-and-one-day hold period from the date of issue pursuant to National Instrument 45-106 (Prospectus Exemptions).

PPRTRL will retain full responsibility for the development, maintenance and support of the platform during the licence term, and will provide support, integration and training services to end customers as needed. Support, integration and training services shall be provided to end customers subject to PPRTRL's right to charge the company at PPRTRL's then-current standard rates for such services.

The transaction is subject to receipt of all necessary regulatory approvals, including, as applicable, all required filings with the Canadian Securities Exchange, completion of due diligence reasonable or customary in a transaction of a similar nature, and entering into a definitive agreement. The transaction will not constitute a fundamental change or change of business within the meaning of the policies of the CSE. Further details of the proposed transaction will be provided as they become available.

About Valdor Technology International Inc.

Valdor has an operating subsidiary company, Valdor Fiber Optics Inc., headquartered near San Francisco, Calif., which assembles optical fibre components and specializes in the design, manufacture and sale of passive fibre optic equipment.

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