Turnium Proposes to Extend Term of Warrants

Executive Summary

• Turnium Technology Group Inc. has filed an application with the TSX Venture Exchange to extend the expiration terms of approximately 40.37 million common share purchase warrants.
• The extension applies to warrants currently priced at $0.14 and $0.105 per share, which were originally scheduled to expire in August 2026.
• All other warrant terms remain unchanged, and the extension is pending TSXV acceptance; insiders hold less than 5% of the affected warrants.

Key Details

• Total warrants subject to extension: 40,369,652 common share purchase warrants.
• Current exercise prices: $0.14/share and $0.105/share.
• Original expiration breakdown:
• 30,210,000 warrants expiring August 1, 2026 at $0.14/share.
• 4,590,000 warrants expiring August 22, 2026 at $0.14/share.
• 5,569,652 warrants expiring August 22, 2026 at $0.105/share.
• All other warrant terms remain unchanged.
• No warrants have been exercised within the past 14 months.
• Extension is subject to acceptance by the TSX Venture Exchange.
• Company directors, officers, and Control Persons beneficially own less than 5% of the total number of warrants.