MineHub arranges $5-million private placement

Executive Summary

• MineHub Technologies Inc. has entered into an agreement for a best-effort private placement of 5,264,000 units at $0.95 per unit, raising aggregate gross proceeds of $5,000,800.
• The offering includes an over-allotment option allowing agents to purchase up to an additional 15% of units, potentially increasing gross proceeds by up to $750,120.
• Net proceeds are intended for working capital and general corporate purposes, with the offering expected to close on or about December 9, 2025, subject to regulatory approvals including the TSX Venture Exchange.

Key Details

• Transaction Structure: Best-effort private placement via listed issuer financing exemption.
• Lead Agent: ATB Capital Markets acting as lead agent and sole bookrunner.
• Units Offered: 5,264,000 units.
• Price: $0.95 per unit.
• Gross Proceeds: $5,000,800.
• Over-Allotment Option: Agents have an option to purchase up to 15% additional units (789,600 units) at the same price, generating up to $750,120 in additional gross proceeds.
• Warrant Terms: Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant is exercisable to acquire one common share at an exercise price of $1.35 per share.
• Warrant Expiry: 24 months following the closing date.
• Use of Proceeds: Working capital and general corporate purposes.
• Closing Date: Expected on or about December 9, 2025.
• Regulatory Status: Subject to approval of the TSX Venture Exchange and other necessary regulatory approvals.
• Insider Participation: Certain insiders may participate, constituting a related-party transaction exempt from specific valuation and minority shareholder approval requirements under Multilateral Instrument 61-101.
• Hold Period: Securities are not subject to a hold period under applicable Canadian securities laws.