Route1 Announces Non-Brokered Private Placement for Gross Proceeds of Approximately C$500,000

Executive Summary

• Route1 Inc. announced a non‑brokered private placement of units at C$0.075 per unit, targeting gross proceeds of up to C$500,000.
• Each unit includes one common share and one warrant allowing purchase of an additional common share at C$0.10 for 18 months.
• Net proceeds are earmarked to fund development of the company’s Actionable Business Intelligence (ABI) software application and upcoming AI operations co‑pilot.

Key Details

• Offering Size & Price: Up to C$500,000 in gross proceeds; price per unit = C$0.075.
• Unit Composition: 1 common share + 1 common share purchase warrant (exercise price C$0.10, exercisable for 18 months).
• Closing Timeline: First tranche expected to close on or about November 19, 2025; multiple tranches anticipated thereafter.
• Use of Proceeds: Development of Route1’s ABI software application and the AI‑driven “co‑pilot” platform for parking operations.
• Related Party Transaction: Insiders may subscribe; the transaction will rely on exemptions under MI 61‑101 (sections 5.5(a) & 5.7(1)(a)).
• Regulatory Conditions: Closing subject to customary conditions, including acceptance by the TSX Venture Exchange (TSXV).

Notable Quotes

• “The net proceeds from this offering will accelerate our ABI software development and bring our AI co‑pilot to market, delivering powerful new capabilities for parking operations,” – Tony Busseri, President & CEO.