XTRACT ONE ANNOUNCES $10 MILLION BOUGHT DEAL OFFERING

Executive Summary

• Xtract One Technologies Inc. entered into a bought‑deal underwriting agreement for 13,334,000 units at $0.75 per unit, generating gross proceeds of $10,000,500.
• Each unit consists of one common share and half of a common‑share purchase warrant (full warrant exercisable at $0.95 per share for up to 36 months).
• The underwriters have an over‑allotment option for up to 2,000,100 additional units, which could raise total gross proceeds to $11,500,575.

Key Details

• Units Offered: 13,334,000 (with optional 2,000,100 over‑allotment).
• Pricing: $0.75 per unit; aggregate gross proceeds of $10,000,500 (or up to $11,500,575 if the option is fully exercised).
• Unit Composition:
• 1 common share per unit.
• ½ of a common‑share purchase warrant per unit (full warrant gives right to buy one common share at $0.95).
• Warrant Terms: Exercise price $0.95; exercisable any time up to 36 months after the Closing Date.
• Over‑Allotment Option: Up to 2,000,100 units, exercisable within 30 days post‑closing for market stabilization or additional allocation.
• Use of Proceeds: Working capital and general corporate purposes.
• Closing Date: Expected on or about November 10, 2025.
• Regulatory Conditions: Subject to TSX approval and other securities regulator consents.
• Prospectus Documents: Base shelf prospectus and supplement filed under NI 44‑102; available free of charge via SEDAR+.

Notable Quotes

(No executive quotes were included in the release.)