Surenano arranges debt settlement, private placement

Mr. Charles MaLette reports SURENANO ANNOUNCES FUNDING, DEBT SETTLEMENT AND AGSM RESULTS Surenano Science Ltd. intends to complete a recapitalization consisting of a debt settlement with an insider for $85,000 and a private placement for proceeds of up to $215,000. Up to three million private placement and debt settlement shares in total be issued at a price of 10 cents per share, subject to Canadian Securities Exchange approval. The company intends to use the cash proceeds for operating expenses, including legal and audit fees and general working capital. All securities issued in the private placement will be subject to a four-month-and-one-day hold period. The company also announces that it held its annual general and special meeting (AGSM) on Aug. 8, 2025. A total of 10 shareholders voted, in person or by proxy, representing a total of 15,083,100 common shares, and 70.29 per cent of the issued and outstanding shares of the company. All of the voting shareholders unanimously elected each of the four directors standing for election. The voting shareholders unanimously appointed Buckley Dodds CPA as the auditor for the company and approved the omnibus long-term incentive plan of the company. The debt settlement is with a related party, director Charles Malette, but is exempt from valuation and minority shareholder approval requirements under National Instrument 61-101 on account of being an amount less than 25 per cent of capitalization. On completion of the debt settlement, Mr. Malette will own 8,521,600 shares of the company (34.8 per cent of common shares then issued). The private placement is to arm's-length investors. About Surenano Science Ltd. The business of Surenano Science is the sale and distribution of the Surenano surfactant, which is a ready-to-mix food grade compound that provides the base for high performance nanoemulsions to create incredibly homogeneous and stable products while maximizing bioavailability, clarity and taste. The company has an exclusive licence to distribute the Surenano surfactant within Canada, and Oklahoma and Colorado in the United States. We seek Safe Harbor.