18:12:17 EST Sat 10 Jan 2026
Enter Symbol
or Name
USA
CA



Trenchant Technologies Capital Corp
Symbol AITT
Shares Issued 31,242,299
Close 2026-01-06 C$ 0.045
Market Cap C$ 1,405,903
Recent Sedar Documents

Trenchant closes $1.3M first tranche of financing

2026-01-09 09:14 ET - News Release

Subject: Trenchant Technologies Capital Corp. Word Document

File: '\\swfile\EmailIn\20260109 055035 Attachment TRENCHANT News Release announcing closing of first tranche private placement (January 2026).docx'

112505759\1

Trenchant Technologies Capital Corp. Announces Closing of First Tranche of Private Placement of Convertible Debentures

VANCOUVER, BC - January 9, 2026 - Trenchant Technologies Capital Corp. (CSE: AITT; OTCQB: AITTF) ("Trenchant" or the "Company") is pleased to announce that, further to its News Release of December 10, 2025, it has closed a first tranche (the "First Tranche") of its private placement (the "Offering") and has issued 1,300 Debentures for gross proceeds of $1,300,000. Trenchant anticipates closing the remainder of the Offering in the next few weeks.

The Debentures will bear interest at a rate of 12% per annum and will mature one year from the date of issuance (the "Maturity Date"). The Company anticipates using the proceeds from the First Tranche for general working capital purposes.

At the sole option of the holder, the principal amount of the Debentures and accrued interest thereon may be converted into common shares in the capital of the Company (each, a "Share") at a conversion price of $0.10 per Share, subject to certain adjustments as provided for in the certificates representing the Debentures.

All securities issued in connection with the First Tranche are subject to a statutory hold period expiring four months and one day after the date of issuance of the Debentures.

An insider participated in the First Tranche and is considered to be a "related party" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Accordingly, the issuance is considered to be a "related party transaction" within the meaning of MI 61-101 but is exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in section 5.5(b) as the Company's common shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(a) of MI 61-101 in that the fair market value of the consideration of the shares to be issued to the related party does not exceed 25% of the Company's market capitalization.

None of the securities sold in connection with the Offering, including those under the First Tranche, will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

ABOUT TRENCHANT TECHNOLOGIES CAPITAL

Trenchant Technologies Capital Corp. (CSE: AITT) is a forward-thinking investment issuer focused on supporting transformative ventures in artificial intelligence, quantum computing, and next-generation cybersecurity poised to reshape legacy industries.

ON BEHALF OF THE BOARD TRENCHANT CAPITAL CORP.

Per: "Thomas English"

Thomas English, Interim CEO

For further information, please contact:

Trenchant Technologies Capital Corp.

Tom English, Interim CEO. Phone: 416.918.9284

Forward-Looking Statements:

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the use of proceeds of the First Tranche and closing of additional tranches of the Offering. Although the Company believes that and the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including that: the inability of the Company to close further tranches of the Offering; the proceeds of the Offering may not be used as stated in this news release; and those additional risks set out in the Company's public documents filed on SEDAR+ at www.sedarplus.ca. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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