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Inturai Ventures Corp
Symbol URAI
Shares Issued 128,495,465
Close 2026-08-31 C$ 0.125
Market Cap C$ 16,061,933
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Inturai completes acquisition of DomeCommand assets

2026-09-01 10:37 ET - News Release

Mr. Ed Clarke reports

INTURAI VENTURES COMPLETES DOMECOMMAND ACQUISITION

Further to its news releases dated July 6, 2026, and Aug. 19, 2026, Inturai Ventures Corp. has completed the acquisition of the intellectual property behind DomeCommand, an AI-driven (artificial intelligence) command-and-control platform for autonomous drone swarms, together with a perpetual, royalty-free, worldwide licence to the Distri software it runs on, pursuant to the terms of a definitive asset purchase agreement.

Under the acquisition, the total consideration payable for the purchased assets is up to $6,025,000, made up of a $25,000 upfront payment and the issuance of up to 30 million common shares of the company at a deemed price of 20 cents per consideration share. Pursuant to the asset purchase agreement, the company issued 10 million consideration shares, which initial consideration shares are subject to vesting restrictions, such that five million initial consideration shares shall vest and be released on the date that is 12 months following issuance and the remaining five million initial consideration shares shall vest and be released on the date that is 24 months following issuance. The balance of the 20 million consideration shares are issuable upon the satisfaction of the following performance metrics: (a) 10 million consideration shares are issuable upon either: (i) the purchased assets generating $1-million in cumulative revenue; or (ii) the common shares of the company trading on the Canadian Securities Exchange at a price of 40 cents or more; and (b) 10 million consideration shares are issuable upon either: (i) the purchased assets generating $3-million in cumulative revenue; or (ii) the common shares of the company trading on the Canadian Securities Exchange at a price of 60 cents or more.

All consideration shares issuable pursuant to the asset purchase agreement are subject to a statutory hold period of four months and one day pursuant to applicable securities laws. In addition, the performance consideration shares will be subject to an additional voluntary resale restriction of six months following issuance.

About Inturai Ventures Corp.

Inturai Ventures is advancing intelligent environments with cutting-edge AI technologies, transforming industries such as health care, military, smart homes and industrial applications.

We seek Safe Harbor.

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