INEO Tech Corp. Announces Non-Brokered Private Placement

Executive Summary

• INEO Tech Corp. announced a non‑brokered private placement of up to $500,000, issuing up to 12,500,000 shares at $0.04 per share.
• Net proceeds will be used for working capital and general corporate purposes, including inventory, product/engineering development, and sales & marketing initiatives.
• The offering may close in one or more tranches; securities will be subject to a statutory hold period of four months plus one day.

Key Details

• Offering Size: Up to $500,000 total gross proceeds.
• Shares Offered: Up to 12,500,000 common shares at $0.04 per share.
• Use of Proceeds: Working capital; inventory & deployments; product/engineering development; sales & marketing initiatives supporting growth plans.
• Closing Conditions: Subject to customary conditions including TSX‑V acceptance; may close in multiple tranches.
• Finder Compensation: Company may pay cash finders’ fees and/or issue finder warrants per TSX‑V policies.
• Hold Period: Securities subject to a statutory hold period of four (4) months + one (1) day from the applicable closing date.
• Regulatory Notice: Shares are not registered under U.S. securities laws and may not be offered or sold in the United States absent exemption or registration.
• Insider Participation: Coenda Investments Holdings Ltd. has a right, per a Settlement Agreement dated May 27 2025, to participate; must notify by October 15 2025. Other insiders may also participate. Participation would be a “related‑party transaction” but is expected to be exempt from formal valuation and minority shareholder approval because consideration does not exceed 25% of market cap.
• Contact: Kyle Hall, CEO – 604‑244‑1895; [email protected]

Notable Quotes

• “The proceeds from this offering will enable us to accelerate inventory build‑out, enhance our product engineering roadmap, and expand sales and marketing initiatives that are critical to executing our growth strategy,” — Kyle Hall, CEO & Director.