Subject: NextGen Stock Option Grant
Word Document
File: '\\swfile\EmailIn\20250606 151250 Attachment 2025.06 - NextGen - Stock Option Grant - vF.docx'
- 2 -
NextGen Digital Grants Stock Options & Provides Corporate Update
Fredericton, New Brunswick - June 6, 2025 - NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) ("NextGen" or the "Company") announces an aggregate of 1,400,000 incentive stock options (the "Options") have been granted to certain consultants and directors of the Company in accordance with the Company's stock option plan.
The Options are exercisable at a price of $0.55 per share, vested immediately and expiring three to five years of the date of grant.
In addition, the Company announces that it has entered into debt settlement agreements for an aggregate of $250,000 in debt (the "Debt"). In settlement of the Debt, the Company will issue an aggregate of 431,034 common shares in the capital of the Company (the "Debt Shares") at a deemed price of $0.58 per Debt Share (the "Debt Settlement"). The indebtedness relates to outstanding fees owing to a service provider to the Company.
All Common Shares issued in connection with the Debt Settlement are subject to a statutory four month hold period in accordance with the policies of the Canadian Securities Exchange (the "CSE") and applicable securities laws. Closing of the Issuance is subject to certain conditions including the receipt of all necessary regulatory approvals including the approval of the CSE.
About NextGen Digital Platforms Inc.
NextGen Digital Platforms Inc. (CSE: NXT) is a technology company that operates e-commerce platform PCSections.com ("PCS") and a hardware-as-a-service business supporting the artificial intelligence sector, called cloud AI hosting ("Cloud AI Hosting"). Both PCS and Cloud AI Hosting were developed in-house by NextGen. The Company also intends to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle. From time to time, the Company also intends to evaluate and acquire or develop other micro-technology platforms.
For More Information:
Alexander Tjiang, Interim Chief Executive Officer
(416) 300-7398
https://nextgendigital.ca/
info@nextgendigital.ca
The CSE does not accept responsibility for the adequacy or accuracy of this release.
This press release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements herein, other than statements of historical fact, constitute forward-looking information. Forward-looking information is frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved.
There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking statements herein except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements herein.
© 2025 Canjex Publishing Ltd. All rights reserved.