Geekco alters financing, to raise up to $1-million

Executive Summary

• Geekco Technologies Corp. has extended its non-brokered private placement to January 7, 2026, and changed the regulatory exemption from the Listed Issuer Financing Exemption (which is withdrawn) to other prospectus exemptions, such as for qualified investors.
• The revised private placement offers a maximum of $1 million in gross proceeds, consisting of 20 million units priced at $0.05 per unit, with no minimum subscription requirement.
• Proceeds are intended for marketing campaigns, application development and improvement, and general working capital.

Key Details

• Offering Structure: Non-brokered private placement.
• Gross Proceeds: Maximum of $1,000,000.
• Quantity: 20,000,000 units.
• Price: $0.05 per unit.
• Minimum Subscription: None.
• Unit Composition: Each unit consists of one Class A share and one warrant.
• Warrant Terms: Each warrant entitles the holder to acquire one additional common share at a price of $0.05.
• Warrant Expiry: Three years from the issuance date.
• Use of Proceeds: Marketing campaign, development and continuous improvement of the "Tell Me" application, and general and working capital purposes.
• Intermediary Compensation: Intermediaries may receive a cash commission of up to 7% of aggregate gross proceeds and intermediary warrants equivalent to up to 7% of the number of units issued. Intermediary warrants have the same terms as the warrants included in the units.
• Regulatory Conditions: Subject to customary conditions, including final approval from the TSX Venture Exchange and other applicable regulatory approvals.
• Resale Restrictions: Units, common shares, warrants, and intermediary warrants are subject to a four-month-and-one-day hold period from the issuance date.
• Previous Announcement: This offering was previously announced on October 27, 2025, under the listed issuer financing exemption, which is now withdrawn.

Notable Quotes

• None provided in the text.