Global Compliance to proceed with $103,000 financing

Executive Summary

• Global Compliance Applications Corp. announced a private placement financing of up to 9,366,364 units at $0.011 per unit, targeting gross proceeds of up to $103,000.
• The company simultaneously entered into debt settlement agreements to issue 15,675,000 shares at $0.011 per share to extinguish $172,500 in third-party debt, aiming to preserve cash for ongoing operations.
• Both transactions are subject to Canadian Securities Exchange approval, scheduled to close on March 27, 2026, and will carry a 4-month-and-one-day hold period for all issued securities.

Key Details

• Private Placement Units: Up to 9,366,364 units
• Offering Price: $0.011 per unit
• Gross Proceeds: Up to $103,000
• Unit Composition: 1 common share + 1 transferable share purchase warrant
• Warrant Exercise Price: $0.05 per share
• Warrant Term: 24 months from closing
• Debt Settlement Shares: 15,675,000 common shares
• Debt Settlement Price: $0.011 per share (deemed)
• Total Indebtedness Settled: $172,500
• Counterparties: Two arm's-length third parties
• Strategic Purpose: Preserve cash for operations
• Regulatory Condition: Subject to approval by the Canadian Securities Exchange (CSE)
• Hold Period: 4 months and 1 day for all common shares and warrants issued on or after March 27, 2026
• Scheduled Closing Date: March 27, 2026