Mr. Patrick Cole reports

ARMADA FINANCIAL SERVICES OPERATIONS UPDATE

Armada Mercantile Ltd., through its 4.678-per-cent investment ownership in certain financial services operations, has provided the following highlighted information:

• A $70,173.04 (U.S.) dividend has been received for 2025.
• Equities trading volume on behalf of customers for 2025 totalled approximately $155-billion (U.S.).
• Fair market value of equity (minority ownership, non-marketable) in total business operations increased from $5-million (U.S.) to $20-million (U.S.) since 2024 (referenced source: CFGI).

We seek Safe Harbor.