Qualifying transaction -- completed; new symbol

The TSX Venture Exchange has accepted for filing the company's qualifying transaction, as described in its prospectus dated May 14, 2026. As a result, at the opening on Tuesday, July 14, 2026, the company will no longer be considered a capital pool company. The arm's-length qualifying transaction includes the following.

Pursuant to a definitive share exchange agreement dated July 16, 2025, and as amended on Jan. 15, 2026, and June 5, 2026, the company acquired 100 per cent of the issued and outstanding ordinary shares of Asiatel Outsourcing Ltd. from the shareholders of the target by issuing 40 million postconsolidation common shares of the company at a deemed price of 20 cents per postconsolidation share to the target shareholders.

In addition, five million subscription receipts issued in connection with the company's private placement of subscription receipts for gross proceeds of $1-million were converted into postconsolidation units on closing of the transaction. Each unit comprises one postconsolidation share and one postconsolidation share purchase warrant. Each warrant entitles the holder to purchase one additional postconsolidation share of the company at a price of 30 cents per warrant share until Dec. 30, 2027, subject to acceleration if the closing price of the shares is at or above 45 cents for 10 consecutive days. In connection with the concurrent financing, the company paid $25,000 in finders' fees upon completion of the transaction.

For additional information, please refer to the company's prospectus, available under the company's profile on SEDAR+, as well as the company's news releases dated July 18, 2025, Sept. 22, 2025, Feb. 17, 2026, May 22, 2026, and July 2, 2026.