VANCOUVER, BC, Nov. 12, 2026 /CNW/ -- AGEDB Technology Ltd. (TSXV: AGET) ("AGEDB" or the "Company") is pleased to provide a quarterly update on its Shares for Services Agreement, further to its press release of August 19, 2026.
Since the commencement of the Shares for Services Agreement, a total of 186,666 shares ("Salaried Shares") have been issued under the Shares for Services Agreement in lieu of an aggregate $4,000 in salaries. Since August 1, 2026, 186,666 Salaried Shares were issued as follows:
Name | Service Period | Date of Issuance | Number of
Shares | Amount | Deemed Price
per Share |
Jung Soo Kim | August 2026
September 2026
October 2026 | September 25, 2026
October 2, 2026
November 3, 2026 | 26,667
26,667
40,000 | $2,000
$2,000
$2,000 | $0.075
$0.075
$0.05 |
Yeong Seung | August 2026
September 2026
October 2026 | September 25, 2026
October 2, 2026
November 3, 2026 | 13,333
13,333
20,000 | $1,000
$1,000
$1,000 | $0.075
$0.075
$0.05 |
Gyuyeob (Dario) Lee | August 2026
September 2026
October 2026 | September 25, 2026
October 2, 2026
November 3, 2026 | 13.333
13,333
20,000 | $1,000
$1,000
$1,000 | $0.075
$0.075
$0.05 |
Securities issued pursuant to the Shares for Services Agreement are subject to regulatory four month hold period. The Company confirms that these shares issuances have not resulted in the creation of a new Control Person.
AGEDB Technology Ltd.
On behalf of the board of directors,
"Jungsoo Kim"
CEO
About AGEDB Technology Ltd.
AGEDB Technology Ltd. is a technology company listed on the TSX Venture Exchange under the symbol "AGET." The Company is focused on developing and pursuing opportunities in data intelligence, graph database technology and applied artificial intelligence.
Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE AGEDB Technology Ltd.
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Contact Information: For more information, please contact: info@agedb.io, www.agedb.io, +1 866-278-0650