Mr. Kyle Hall reports

INEO TECH CORP. CLOSES $2.345 MILLION NON-BROKERED PRIVATE PLACEMENT

Ineo Tech Corp. has closed its previously announced non-brokered private placement for gross proceeds of $2,345,335.

Under the financing, the company issued an aggregate of 156,355,684 common shares at a price of 1.5 cents per common share. Insiders of the company subscribed for an aggregate of 12,689,020 common shares.

Use of proceeds

Net proceeds are expected to be used for working capital and general corporate purposes, including inventory and deployments, product/engineering, and sales and marketing initiatives supporting the company's growth plans. The company has allocated the proceeds for use as follows: inventory purchase and customer deployments -- $1.6-million; and general and administrative expenses, including paying down current liabilities -- $745,000. Actual allocation may vary depending on operational needs and available working capital at the time of deployment. The company will pay a finder's fee of $8,750 to Canadian Imperial Bank of Commerce in connection with acting as a finder for certain investors. Payment of the finder's fee remains subject to the approval of the TSX Venture Exchange.

Regulatory matters

All securities issued under the financing are subject to a statutory hold period of four months and one day in accordance with applicable securities laws and TSX Venture Exchange policies. Final acceptance of the financing by the TSX-V remains subject to the completion of customary postclosing filings.

The participation of insiders of the company in the financing constitutes a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the insiders' participation does not exceed 25 per cent of the company's market capitalization.

October, 2025, private placement

The company will not issue any further shares under the private placement of 12.5 million shares previously announced Oct. 31, 2025, and Oct. 9, 2025. A total of 5.99 million shares were issued under the October, 2025, private placement, at four cents per share.

About Ineo Tech Corp.

Ineo Tech builds technology at the intersection of in-store retail media and loss prevention. Through its wholly owned subsidiary, Ineo Solutions Inc., the company operates the Ineo Media Network, a digital signage and retail analytics platform, and Ineo Retail Media, which sells and manages advertising across in-store screens. Ineo's patented integration of electronic article surveillance (EAS) pedestals with digital displays helps retailers reduce theft while generating incremental media revenue from the same footprint. Ineo is headquartered in Surrey, B.C., Canada, and is publicly traded on the TSX Venture Exchange (INEO) and the OTCQB (INEOF).

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