Dynamite Blockchain to acquire 10 million mPWR tokens

Executive Summary

• Dynamite Blockchain Corp. entered into an asset purchase agreement to acquire 10 million mPWR utility tokens.
• Consideration: issuance of 5 million common shares (valued at $0.075 per share) plus a cash payment of $50,000, for total deemed consideration of $425,000.
• The acquisition is intended to give Dynamite exposure to the emerging‑market mobile phone and digital finance segments and to create built‑in utility for the mPWR token within Dynamize’s blockchain ecosystem.

Key Details

• Transaction Structure: Asset purchase agreement dated Oct 2 2025; arm’s‑length transaction with a group of vendors.
• Consideration:
• 5 million common shares of Dynamite Blockchain Corp., deemed price $0.075 per share.
• Cash payment of $50,000.
• Aggregate deemed consideration: $425,000.
• Assets Acquired: 10 million mPWR utility tokens (mPWR).
• Strategic Rationale:
• Expand holdings into mobile phone and digital finance markets without large capex.
• Position ahead of the anticipated launch of the mPWR phone, which will require fees to be paid in mPWR tokens, creating built‑in demand.
• Potential integration with Dynamite’s revamped IMME wallet (rebranding/launch later this year).
• Integration Plans:
• Investigate fit for IMME wallet on the mPWR phone.
• Embed Dynamite products and services into the phone ecosystem, driving mutual user growth.
• Closing Conditions: Subject to Canadian Securities Exchange acceptance, board approval, and delivery of the tokens by vendors.

Notable Quotes

(No direct quotes provided in the release.)