Cryptostar investor A.C.N. disposes of 37.3 M shares

Executive Summary

• A.C.N. 117 402 838 Pty. Ltd., along with joint actors David Jellins and Amelia Jones, disposed of 37.3 million common shares in Cryptostar Corp.
• The disposition represents a significant reduction in ownership, dropping from 24.23% to 15.42% of the issued and outstanding common shares on a non-diluted basis.
• The shares were sold at an average price of approximately 1.55 cents per share, resulting in aggregate consideration of $577,885.60.

Key Details

• Seller: A.C.N. 117 402 838 Pty. Ltd. (owned 50% by David Jellins and 50% by Amelia Jones, who are considered joint actors).
• Transaction Date: October 15, 2025, and October 20, 2025.
• Shares Disposed: 37,300,000 common shares.
• Percentage of Issued Shares Disposed: 8.81% (on a non-diluted basis).
• Average Sale Price: Approximately 1.55 cents per common share.
• Aggregate Consideration: $577,885.60.
• Pre-Transaction Ownership: 102,624,235 common shares (24.23% of issued and outstanding common shares on a non-diluted basis).
• Post-Transaction Ownership: 65,324,235 common shares (15.42% of issued and outstanding common shares on a non-diluted basis).
• Regulatory Context: Filing of an early warning report pursuant to National Instrument 62-103 and National Instrument 62-104.