MineHub Announces Upsize of Brokered LIFE Offering to $6.3 Million

Executive Summary

• MineHub Technologies Inc. upsized its “best efforts” private placement to 6,600,000 units at $0.95 per unit, targeting gross proceeds of approximately $6.27 million.
• Each unit consists of one common share and half of a common‑share purchase warrant (full warrant exercisable at $1.35 per share for 24 months).
• The offering includes an over‑allotment option for agents to purchase up to an additional 15% of the units for up to $940,500; closing is expected around December 9, 2025.

Key Details

• Units Offered: 6,600,000 (up from prior size)
• Offering Price: $0.95 per unit
• Aggregate Gross Proceeds: $6,270,000 (plus up‑to $940,500 under the over‑allotment option)
• Unit Composition: 1 common share + ½ warrant (full warrant exercisable at $1.35 per share)
• Warrant Terms: Exercise price $1.35; exercisable for 24 months after closing.
• Exemptions Used: Listed Issuer Financing Exemption (NI 45‑106), U.S. Securities Act exemption, and other jurisdictional exemptions. No hold period under Canadian law.
• Closing Date: Expected on or about December 9, 2025, subject to regulatory approvals (including TSX Venture Exchange).
• Use of Proceeds: Working capital and general corporate purposes.
• Over‑Allotment Option: Agents may purchase up to an additional 15% of the units (≈990,000 units) at the same price, for up to $940,500, exercisable up to 48 hours before closing.
• Insider Participation: Certain insiders may participate; such issuance is exempt from valuation and minority‑shareholder approval requirements under MI 61‑101.

Notable Quotes

“We are pleased to see strong investor demand for our growth story, which enables us to increase the size of this financing and further support our strategic initiatives,” – Andrea Aranguren, CEO, MineHub Technologies Inc.