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Tokenwell Platforms Inc
Symbol TWEL
Shares Issued 61,533,092
Close 2026-08-17 C$ 0.025
Market Cap C$ 1,538,327
Recent Sedar+ Documents

Tokenwell shareholder Burgess sells 600,000 shares

2026-08-17 17:54 ET - News Release

Mr. Timothy Burgess, a shareholder, reports

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

Seaside Capital Inc., a corporation controlled by Timothy J. Burgess (the acquiror), sold 200,000 common shares of Tokenwell Platforms Inc. (Canadian Securities Exchange: TWEL) on Aug. 12, 2026, and 400,000 common shares on Aug. 14, 2026, through the Canadian Securities Exchange.

The 600,000 shares were sold for aggregate gross proceeds of $16,540, representing an average price of approximately 2.757 cents per share.

Immediately before the Aug. 14, 2026, sale, the acquiror and entities controlled by him held 10,281,316 common shares, representing approximately 16.71 per cent of the outstanding common shares. Following that sale, they held 9,881,316 common shares, representing approximately 16.06 per cent. Including 750,000 presently exercisable options, the acquiror's securityholding percentage decreased from approximately 17.71 per cent immediately before the Aug. 14 sale to approximately 17.07 per cent afterward, on a partially diluted basis.

The acquiror's March 18, 2025, early warning report disclosed expected ownership of approximately 19.2 per cent. Taking into account subsequent treasury issuances by the issuer and the Aug. 12 and Aug. 14 sales, the acquiror's securityholding percentage is now approximately 17.07 per cent, a decrease of approximately 2.13 percentage points. On a conservative basis, the acquiror is treating the Aug. 14, 2026, sale as the transaction that triggered this disclosure.

The shares were sold for investment and liquidity purposes. The acquiror may acquire or dispose of additional securities depending on market conditions and other relevant factors.

An 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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