Rumbu files LIFE document for $2-million offering

Executive Summary

• Rumbu Holdings Ltd. has filed its Life Offering Document (LIFE) for a non-brokered private placement of up to two million units.
• The company received conditional acceptance from the TSX Venture Exchange for the offering, which is priced at $1.00 per unit for aggregate gross proceeds of $2 million.
• Closing is anticipated on or around February 27, 2026, subject to final regulatory and exchange approvals.

Key Details

• Transaction Structure: Non-brokered private placement of up to 2,000,000 units.
• Unit Composition: Each unit consists of one common share and one common share purchase warrant.
• Pricing: $1.00 per unit.
• Gross Proceeds: $2,000,000.
• Warrant Terms: Each warrant is exercisable to acquire one common share at an exercise price of $1.40 per share.
• Warrant Expiry: 12 months following the closing date of the private placement.
• Regulatory Basis: Offered pursuant to the Listed Issuer Financing (LIFE) exemption under National Instrument 45-106.
• Hold Period: Securities issued under the LIFE are not subject to a hold period under applicable Canadian securities laws.
• Filing Status: The LIFE offering document was filed on SEDAR+ yesterday and amended/filed again today.
• Exchange Status: Received conditional acceptance from the TSX Venture Exchange.
• Closing Conditions: Subject to receipt of all necessary corporate and regulatory approvals and final approval of the TSX Venture Exchange.
• Expected Closing Date: On or around February 27, 2026.
• Finder’s Fees: The company may pay 6% in cash and 6% in warrants to registered dealers or finders in accordance with TSX-V policies.