Intellistake Provides Corporate Update, Including Update on Financing and Announcement of Development of IntelliScope, Its Enterprise AI Suite Leveraging Decentralized Technologies

Executive Summary

• Intellistake Technologies Corp. announced the development of IntelliScope, its first enterprise AI suite leveraging decentralized AI technologies, which is moving from internal closed testing to closed beta testing with an enterprise client.
• The company confirmed that shareholder approval has been received for its previously announced equity financing of up to $5 million, which is currently oversubscribed and scheduled to close on September 2, 2025.
• The company provided a corporate update regarding its transition from a food business to a technology company, including plans to divest its historical food business following an independent valuation, and detailed its three main business lines: AI Agent development, validator operations, and token investment/staking.

Key Details

• Product Development (IntelliScope):
  • IntelliScope is an enterprise AI suite designed to deliver transparent and verifiable corporate intelligence using decentralized AI technologies.
  • The suite consists of modular AI agents addressing specific enterprise challenges.
  • Development has passed internal closed testing; the company is now preparing for closed beta testing with an enterprise client to gather feedback.
  • Planned capabilities include processing complex regulatory/market data, incorporating environmental/geological information, and generating intelligence summaries for decision-making (e.g., evaluating land availability and regulatory conditions for renewable energy projects).
  • Future plans include expanding scope into mining, finance, and supply chain monitoring.
• Financing Update:
  • Reference is made to previously announced equity financing for gross proceeds of up to $5 million.
  • Shareholder approval has been confirmed.
  • The financing is reported as oversubscribed.
  • Closing date is set for September 2, 2025.
  • Use of Proceeds: Development of AI Agents, validator hardware acquisitions, acquisition of digital currencies, R&D, marketing, repayment of existing accounts payable, investor relations expenditures, working capital, and general corporate purposes.
• Corporate Restructuring & Divestment:
  • The company is retracting and clarifying prior disclosures following a review by the British Columbia Securities Commission.
  • The board has decided to divest its historical food business.
  • An independent valuation of the food business is expected before the end of August 2025.
  • No divestiture agreement has been entered into yet; the food business will continue to operate until divestment is complete.
  • Historical financial information related to the food business is not indicative of future performance; the company has generated no revenue from its blockchain/AI business lines to date.
• Operational Status & Business Lines:
  • AI Agent Development: Initial version of IntelliScope completed for beta testing. Revenue generation is expected via implementation fees and monthly subscription services once clients are onboarded.
  • Validator Operations: Technical infrastructure deployed and operational. Validator nodes connected to the Fetch.ai network (public address: fetchvaloper1mm4aa88daqg9ah9fd20ae08zlwg33dxg99856x). Infrastructure tested successfully, but no assets have been staked yet, so no rewards or yields have been generated. Staking is planned post-financing.
  • Token Investment: The company has acquired $64,882.77 in stablecoins (USDC) held in custody. These are used for vendor payments and as a pathway to acquire other digital assets (specifically FET tokens) post-financing.
• Infrastructure & Strategy:
  • Validator operations are hosted on distributed cloud infrastructure with physical servers in North America and Europe to ensure geographic redundancy.
  • The company does not manufacture hardware but sources industry-standard components.
  • AI development uses publicly available blockchain telemetry and open-source code; no personal data is used.
  • The company aims to provide regulated access to decentralized AI and blockchain for traditional investors via its CSE listing.

Notable Quotes

• "Our development focus has been on proving that decentralized AI technologies can be applied at an enterprise level," said Liam Harpur, VP of Technology & Development at Intellistake. "As we progress from internal testing into enterprise beta, we are establishing a foundation for IntelliScope to evolve into a platform capable of supporting real operational decision-making across multiple industries."