Turnium applies for warrant extension approval

Executive Summary

• Turnium Technology Group Inc. has applied to the TSX Venture Exchange to extend the expiration dates of approximately 40.37 million common share purchase warrants.
• The extension adjusts the maturity dates to August 1 and August 22, 2026, for warrants carrying exercise prices of 14 cents and 10.5 cents per share.
• All other warrant terms remain unchanged, and the extension is subject to TSX Venture Exchange approval.

Key Details

• Aggregate warrants subject to extension: 40,369,652 common share purchase warrants.
• Current exercise prices: 14 cents and 10.5 cents per share.
• Expiration breakdown:
• 30,210,000 warrants expiring Aug. 1, 2026, at 14 cents/share.
• 4,590,000 warrants expiring Aug. 22, 2026, at 14 cents/share.
• 5,569,652 warrants expiring Aug. 22, 2026, at 10.5 cents/share.
• All other warrant terms remain unchanged.
• No warrants have been exercised within the past 14 months.
• Extension is contingent upon acceptance by the TSX Venture Exchange.
• Directors, officers, and control persons beneficially own less than 5% of the total number of warrants.