Subject: News Release
PDF Document
File: Attachment DOSI PR - April 29 2026 Results Release and Proposed Private Placement.pdf
News
FOR IMMEDIATE RELEASE
DARELLE ANNOUNCES FINANCIAL RESULTS AND
PROPOSED PRIVATE PLACEMENT
Vancouver, B.C. April 29, 2026 Darelle Online Solutions Inc. ("darelle" and/or
the "Company") (TSXV: "DAR") today announced its interim financial and operational
results for the six-month period ended February 28, 2026.
The full text of the Company's unaudited condensed interim consolidated financial
statements and related management's discussion and analysis for the period are
available on SEDAR+ at www.sedarplus.ca
Financial Highlights
The Company generated revenue of $12,498 during the period compared with
$27,949 during the same six month period in 2025. Revenue continues to be
derived from processing fees associated with raffle ticket sales on the
Company's platform.
The Company reported a comprehensive loss of $256,561 (($0.03) per share)
for the period, compared to a comprehensive loss of $85,764 (($0.04) per share)
in the prior year period.
Operational Update
The Company continues to focus on the development and enhancement of its core
technology platform (www.darelle.com) with an emphasis on expanding functionality,
improving user experience, and supporting new fundraising formats within its existing
business model.
During the period, the Company made targeted investments in technology development
and leadership to support the evolution of its platform. These initiatives include the
development of additional fundraising modules, such as a "Chase the Ace" format, as
well as enhancements designed to support product-based fundraising and donor
engagement.
In parallel, the Company has undertaken development activities through its wholly
owned subsidiary, OneKindly Technology Inc., to explore the application of its existing
platform capabilities in adjacent verticals, including animal welfare and related nonprofit
sectors. These initiatives are intended to leverage the Company's existing infrastructure
and technology while expanding potential use cases for its platform.
The Company's previously announced collaboration with Pet Investment supports these
development efforts by providing sector expertise and strategic relationships as the
Company evaluates opportunities to deploy its platform within complementary markets.
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These activities represent a continuation and expansion of the Company's existing
platform strategy.
"During the period, we made deliberate investments in technology and leadership to
strengthen and extend the capabilities of the darelle platform," said Dean Bethune,
President and CEO. "Our focus remains on enhancing our core infrastructure while
expanding its application into complementary areas. The Company's ongoing
development initiatives are expected to be supported through the proposed financing."
Proposed Private Placement
The Company announces its intent to complete a non-brokered private placement of up
to 1,333,334 common shares at a price of $0.75 per Share, for gross proceeds of up to
$1,000,000 (the "Offering").
The net proceeds of the Offering are expected to be used for:
Continued development and enhancement of the Company's core platform,
including the integration of additional fundraising formats and functionality;
Product and technology development activities undertaken through the
Company's existing operations and its wholly owned subsidiary, OneKindly
Technology Inc.; and
Working capital and general corporate purposes, including the management and
settlement of existing obligations.
The Offering is subject to acceptance by the TSX Venture Exchange. All securities
issued under the Offering will be subject to a statutory hold period of four months and
one day from the date of issuance in accordance with applicable securities laws.
Finder's Fee
In connection with the Offering, the Company may pay eligible finders a cash
commission of up to 7% of the gross proceeds raised from subscribers introduced by
such finders, subject to approval of the TSX Venture Exchange.
About Darelle Online Solutions Inc.
Darelle Online Solutions Inc. is a British Columbia-based technology company that has
developed an online platform enabling charitable and nonprofit organizations to create,
manage and operate digital raffle and fundraising campaigns, including 50/50 draws.
The Company's platform is designed to support efficient fundraising through integrated
ticketing, payment processing, and campaign management tools.
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The Company is listed on the TSX Venture Exchange as a Tier 2 Technology Issuer
under the symbol "DAR". The Company has a total of 7,841,189 common shares issued
and outstanding.
For additional information, visit www.darelle.com
For Further Information, Contact:
Dean Bethune
President & CEO
Phone (778) 840-3325
Email: dbethune@darelle.com
Certain statements in this release are forward-looking statements. Forward-looking
statements consist of statements that are not purely historical, including any statements
regarding beliefs, plans, expectations, or intentions regarding the future. Such
statements are subject to risks and uncertainties that may cause actual results,
performance, or developments to differ materially from those contained in the
statements. No assurance can be given that any of the events anticipated by the
forward-looking statements will occur or, if they do occur, what benefits the Company
will obtain from them. These forward-looking statements reflect management's current
views and are based on certain expectations, estimates and assumptions which may
prove to be incorrect. A number of risks and uncertainties could cause our actual results
to differ materially from those expressed or implied by the forward-looking statements,
as well as other factors beyond the Company's control. These forward-looking
statements are made as of the date of this news release.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release.
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