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Fendx Technologies Inc (2)
Symbol FNDX
Shares Issued 9,036,509
Close 2026-02-04 C$ 0.70
Market Cap C$ 6,325,556
Recent Sedar+ Documents

Fendx Technologies issues 32,800 shares for services

2026-02-06 17:35 ET - News Release

Subject: FendX technologies Inc. - Please disseminate the attached press release on behalf on the company. thanks! Word Document

File: '\\swfile\EmailIn\20260206 142717 Attachment FendX - PR Feb 6 2026 proposed debt settlement final.docx'

FendX Announces Corporate Update

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC - February 6, 2026 - FendX Technologies Inc. (CSE: FNDX, OTCQB: FDXTF, FSE: E8D) (the "Company" or "FendX"), an innovative surface protection company developing technology-based solutions to reduce the spread of harmful pathogens, is pleased to announce it intends to complete share for debt settlements with two arm's length creditors at a deemed price of $0.77 per share, to settle an aggregate of $25,257 of consulting fees which were payable in shares, through the issuance of 32,800 common shares ("Shares"). The Shares proposed to be issued pursuant to the debt settlements will be subject to a statutory four month and one day hold period in accordance with applicable securities laws. The closing of the debt settlements will be subject to certain customary conditions precedent, including the Company's receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange (the "CSE").

None of the securities to be issued in connection with the debt settlements, 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 FendX Technologies Inc.

FendX is a surface protection company developing innovative solutions to help reduce the spread of harmful pathogens in everyday environments. Leveraging proprietary technologies, the Company is advancing a portfolio of protective surface coatings, including REPELWRAP(TM) film, a liquid-based nano- coating technology and a specialized Foley catheter coating. The Company is focussed on building a robust intellectual property portfolio in the surface protection space and is committed to identifying and advancing new technologies and materials that enhance hygiene and safety across healthcare, consumer and commercial settings.

ON BEHALF OF THE COMPANY

"Carolyn Myers"

Carolyn Myers

Chief Executive Officer and Director

Contacts:

Dr. Carolyn Myers, CEO and Director

1-800-344-9868

investor@fendxtech.com

For more information, please visit https://fendxtech.com/ and the Company's profile on SEDAR+ at www.sedarplus.ca.

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

Forward Looking Statements

This news release contains certain forward-looking statements within the meaning of Canadian securities legislation, including with respect to: the plans of the Company; statements regarding the debt settlements, and closing of the debt settlements; and statements about the Company advancing a portfolio of protective surface coatings and building a robust intellectual property portfolio in the surface protection space. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements are only predictions and involve known and unknown risks which may cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking statements, including: adverse market conditions; risks and uncertainties associated with the Company's ability to raise additional capital to complete all of its planned activities including advancing its pipeline of products under development; risks that the debt settlements will not receive all required regulatory approvals, including CSE approval, or will not close; risks related to research and development activities and scale-up initiatives; risks that the Company may not expand its product pipeline or execute its business development and growth plans; risks that the Company's products may not be commercialized, and if they are commercialized, that they may not be accepted and adopted by the public; the risk that the Company will not obtain necessary approvals and/or clearances as anticipated or at all; the effects of government regulation on the Company's business; risks associated with the Company's ability to obtain and protect rights to its IP; product candidates only being in formulation/reformulation stages; limited operating history; dependence on collaborative partners, licensors and others; effect of general economic and political conditions; and other factors beyond the Company's control. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity or performance. Further, any forward-looking statement speaks only as of the date on which such statement is made and, except as required by applicable law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all of such factors and to assess in advance the impact of such factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Readers should consult all of the information set forth herein and should also refer to the risk factor disclosure outlined in the Company's filings with the British Columbia Securities Commission on SEDAR+ at www.sedarplus.ca.

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