GEEKCO ANNOUNCES A NON-BROKERED LIFE OFFERING

Executive Summary

• Geekco Technologies Corp. announced a non‑brokered private placement of 14.7 M–17 M units at $0.05 per unit, targeting gross proceeds of $735 k–$850 k.
• Each unit consists of one Class A common share and one warrant to purchase an additional share at $0.08 for up to three years.
• Net proceeds will be used for marketing, application development/improvement, and general & working capital purposes.

Key Details

• Units Offered: Minimum 14,700,000 – Maximum 17,000,000 units.
• Price per Unit: $0.05.
• Gross Proceeds Target: Minimum $735,000; Maximum $850,000.
• Unit Composition:
• 1 × Class A common share (Common Share).
• 1 × Warrant to acquire one additional Common Share at $0.08 exercise price, exercisable for three years from issuance.
• Intermediary Compensation: Up to 7% cash commission of gross proceeds plus intermediary warrants equal to up to 7% of the number of units issued through that intermediary (same terms as unit‑included warrants).
• Use of Proceeds: Marketing campaign, development and continuous improvement of Geekco’s application, and general & working capital.
• Exemption Used: Listed Issuer Financing Exemption (LIFE) under Part 5A of Regulation 45‑106; offering limited to Canadian residents.
• Closing Timeline: May close in multiple tranches; final closing no later than 2025‑12‑08, subject to customary conditions and TSXV approval.
• Regulatory Notes: Securities not registered in the United States; U.S. persons cannot be offered these securities unless an exemption applies.
• Previous Offering Update: The earlier private placement (announced Aug 29 & Sep 26, 2025) will not have additional closings; $107,500 previously raised remains unchanged.

Notable Quotes

(No CEO/President quotes were included in the release.)