Carrier Connect Data Solutions Inc. Announces Private Placement

Executive Summary

• Carrier Connect Data Solutions Inc. announced a non‑brokered private placement of up to 833,333 units at $0.90 per unit, targeting gross proceeds of up to $749,999.70.
• Each unit consists of one common share and half of a transferable warrant (full warrant allows purchase of an additional share at $1.35 for two years).
• Proceeds are earmarked for working capital and general corporate purposes; the offering is fully subscribed by a strategic investor and closes in December 2025, subject to TSX Venture Exchange approval.

Key Details

• Units Offered: Up to 833,333 units at $0.90 each.
• Aggregate Gross Proceeds: Up to $749,999.70.
• Unit Composition: 1 common share + ½ transferable warrant (full warrant = right to buy 1 additional share at $1.35).
• Warrant Terms: Exercise price $1.35 per share; exercisable for a period of two years from issuance.
• Use of Proceeds: Working capital and general corporate purposes.
• Subscription Status: Fully subscribed by a strategic investor; no finder’s fees will be paid.
• Closing Timeline: Expected to close in December 2025, subject to customary conditions and TSX Venture Exchange approval.
• Resale Restrictions: Securities subject to a four‑month‑and‑one‑day resale restriction per applicable securities laws.

Notable Quotes

• “Mark Binns,” CEO – signatory on behalf of the Board of Directors.