Hanna Capital issues debt, placement shares

Mr. Hidir Hasgul reports HANNA COMPLETES DEBT CONVERSION & PRIVATE PLACEMENT & ANNOUNCES CHANGES TO BOARD Further to the press releases dated June 30 and Sept. 15, 2025, Hanna Capital Corp. has issued an aggregate of: 45,917,936 common shares in exchange for the cancellation of $459,179.36 in debt owing to six creditors, all of which are arm's-length parties to the corporation; and 10,854,581 common shares pursuant to the previously announced private placement. Debt conversion The debt shares were issued pursuant to debt conversion agreements dated June 20, 2025. The debt shares were issued at a deemed price of one cent per debt share. The debt shares are subject to a 36-month value escrow under Policy 5.4 of the TSX Venture Exchange. Pursuant to the escrow agreement, an aggregate of 4,591,794 debt shares will be released from escrow on Sept. 19, 2025, and an aggregate of 6,887,691 debt shares will be released from escrow every six months thereafter. Private placement The placement shares were issued at a price of one cent per placement share for aggregate gross proceeds of $108,545.81. Placement shares are subject to resale restrictions expiring Jan. 20, 2025. The corporation intends to use the proceeds for general working capital, which will include the calling and holding of an annual shareholders meeting. Board changes The corporation also announces the following individuals have been appointed to the board of directors. Hidir Hasgul: Mr. Hasgul is a distinguished graduate engineer whose multifaceted career spans private investments, fund management and high-level trading. Mr. Hasgul's has extensive expertise in initial public offerings and merger-and-acquisition activities, areas critical to strategic growth and market expansion. Beyond his extensive financial acumen, Mr. Hasgul holds a pivotal role as a managing director for a portfolio of mining companies. As managing director, he oversees operations across three continents, demonstrating his leadership and strategic vision in the global market and his ability to navigate diverse international markets and operational landscapes. Dr. Jonathan Bolton: Dr. Bolton holds a PhD in physiology from the University of Sheffield and spent three years as a postdoctoral research fellow at Tokyo University. With over 25 years of fund management experience, he began his career at Schroders in 1987. He later served as a Japanese equity analyst, fund manager and director in Tokyo, where he was instrumental in establishing the firm as a leading foreign manager of discretionary Japanese equity portfolios. After 17 years in Japan, he managed Japanese equities at TT International in London and later led the Japan, Asia and emerging market divisions at Alliance Trust. He currently works as an independent consultant, advising companies and individuals on investment diversification and capital raising. Ungad Chadda: Mr. Chadda is an experienced capital market regulator and financial service executive having previously worked at TMX Group, the parent company of Toronto Stock Exchange. Mr. Chadda was responsible for building and maintaining the TMX Group investor base, as well as supporting its public interest mandate and strategies to grow as a company. Mr. Chadda joined TMX Group through one of its predecessor entities in 1997. During his tenure, Mr. Chadda held progressively senior roles, including director of listings, TSX Venture Exchange; chief operating officer, TSX Venture Exchange; vice-president, business development, Toronto Stock Exchange and TSX Venture Exchange; president, Toronto Stock Exchange; chief financial officer of TSX Trust (formerly Equity Transfer and Trust), an Office of the Superintendent of Financial Institutions regulated entity; and senior vice-president, head of enterprise corporate strategy and external affairs, TMX Group. Mr. Chadda currently advises clients on capital markets, regulatory and governance strategies. Mr. Chadda attended McMaster University, where he received an honours bachelor of commerce in 1994 and he received his chartered accountancy designation while working with Ernst and Young LLP in 1996. Mr. Chadda has served on multiple boards, and has completed University of Toronto's Rotman Business School director education program. Concurrent with the above appointments, each of Herb Brugh, Victor Cantore and Vern Bock have resigned as directors of the corporation. The corporation would like to thank these individuals for their contributions to the corporation and wishes each of them success in their future endeavours. We seek Safe Harbor.