Abaxx Calls Warrants, Provides Corporate Update

Executive Summary

• Abaxx Technologies exercised its right to call all 500,000 outstanding common share purchase warrants issued in the October 20 2025 private placement.
• The redemption price is C$0.01 per warrant; warrantholders may still exercise the warrants at US$25.00 per share until January 15 2026.
• If fully exercised, cash and liquid assets are projected to rise to approximately C$65.5 million (including C$35 million in mark‑to‑market securities).

Key Details

• Warrant Call: All 500,000 warrants issued in the Oct 20 2025 non‑brokered private placement are being called.
• Redemption Price: C$0.01 per warrant, with redemption effective on January 16 2026 (“Redemption Date”).
• Exercise Option for Warrantholders: Right to purchase common shares at US$25.00 per share until January 15 2026.
• Projected Liquidity Impact: Assuming full exercise, total cash and liquid assets would be ~C$65.5 million (C$35 million in mark‑to‑market securities).
• Abaxx Exchange Highlights:
• Recorded highest daily trading volume on Dec 10 2025 – 3,976 lots across multiple commodity futures.
• Received Foreign Board of Trade (FBOT) registration, enabling U.S.–based FCMs, brokers, and trading firms to access the exchange.
• Launched Enwex U.K. Onshore Wind futures, expanding weather‑linked contract suite.

Notable Quotes

No direct quotes were provided in the release.