Mr. Ken Brizel reports
AGEREH TECHNOLOGIES COMPLETES SHARES FOR DEBT SETTLEMENT
Agereh Technologies Inc. has completed the debt settlement that was announced on Oct. 20, 2025, having received approval of the board of directors and the TSX Venture Exchange.
It issued 1,574,158 common shares of the company in that transaction in settlement of $393,540 outstanding debt at 25 cents per settlement share. The settlement shares are subject to a four-month hold period.
As previously announced in the Oct. 20, 2025, press release, 18,000 settlement shares have been issued to a related party of the company. The issuance of these settlement shares to the related party is considered a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company determined that such issuance of securities to the related party is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) thereof, as the company is listed on the TSX-V and the fair market value of the securities issued to related party does not exceed 25 per cent of the company's market capitalization.
About Agereh Technologies Inc.
Agereh is a Canadian-based artificial intelligence technology company whose platforms target advanced technology solutions for the transportation industry. The first application developed is harnessing the power of artificial intelligence to accurately predict the best financing scenario for consumers, all while keeping the consumer anonymous. Coming products will continue to deliver advanced technology solutions that address critical challenges in the transportation industry.
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