Data Watts Provides Update on Agilitas Acquisition and Other Announcements

Executive Summary

• The Company’s acquisition of Agilitas Advisory Corp. was terminated; shares were returned to the director at par value.
• Planned strategic investment in Genesis Partners Ltd. did not materialize due to inability to agree on consulting terms.
• A Letter of Intent to acquire an interest in a clean‑energy project with Kanata Clean Power & Climate Technologies Corp. was released, rendering the transaction null and void.
• The earlier acquisition of GRID Platform assets (February 2025) has been fully impaired; no value will be recorded in the accounts.

Key Details

• Agilitas Advisory Corp. Acquisition: Completed on September 16 2025; required financial milestone not met, resulting in return of all Agilitas shares to Director Ron Loborec at par value.
• Genesis Partners Ltd. Investment Attempt: Announced on September 23 and 25 2025; consulting agreement between Agilitas and Genesis could not be finalized, so no investment was made or will be pursued.
• Kanata Clean Power & Climate Technologies Corp. LOI: Signed November 13 2025 to acquire an interest in a clean‑energy project; contractual obligations were unmet by the Company, leading Kanata to release the Company and nullify the transaction. No shares subscribed.
• GRID Platform Asset Acquisition (Feb 14 2025): Executed definitive agreement with Ali Saheli; 2,900,000 Company shares issued for IP and platform revenues. Management determined assets are fully impaired; no accounting value assigned.

Notable Quotes

(No direct quotes were provided in the release.)