MineHub increases financing to $6.27-million

Executive Summary

• MineHub Technologies Inc. has agreed to upsize its previously announced best efforts private placement to 6.6 million units, raising aggregate gross proceeds of $6.27 million, driven by strong investor demand.
• Each unit consists of one common share and one-half of one common share purchase warrant, exercisable at $1.35 per share for 24 months.
• The company has granted an over-allotment option to purchase up to an additional 15% of units, potentially raising up to $940,500 in additional gross proceeds.

Key Details

• Transaction Size: Upsized to 6.6 million units at a price of 95 cents per unit.
• Gross Proceeds: $6.27 million total.
• Over-Allotment Option: Agents have an option to purchase up to an additional 15% of the units (approx. 990,000 units) for additional gross proceeds of up to $940,500.
• Unit Composition: Each unit comprises one common share and one-half of one common share purchase warrant.
• Warrant Terms: Each warrant is exercisable to acquire one common share at an exercise price of $1.35 per share.
• Warrant Duration: Exercisable for a period of 24 months following the closing date.
• Regulatory Basis: Issued pursuant to the listed issuer financing exemption under National Instrument 45-106 and Coordinated Blanket Order 45-935 in Canada; exempt from US Securities Act registration; exempt from hold periods under Canadian securities laws.
• Closing Date: Expected on or about December 9, 2025, subject to regulatory approvals including the TSX Venture Exchange.
• Use of Proceeds: Net proceeds intended for working capital and general corporate purposes.
• Insider Participation: Certain insiders may participate in the offering, constituting a related party transaction exempt from specific valuation and minority shareholder approval requirements under Multilateral Instrument 61-101.
• Offering Document: Amended and restated offering document dated November 26, 2025, available on SEDAR+ and the company website.