StickIt Amends Terms of Share Consolidation and Private Placement and Announces Record Date of Share Consolidation of Common Share

Executive Summary

• StickIt Technologies Inc. will consolidate its common shares on a 1‑for‑5 basis effective January 7, 2026 (record date January 6, 2026).
• The company is amending its post‑consolidation private placement to raise between $700,000 and $1,050,000 at $0.025 per unit, each unit consisting of one common share and one warrant.
• No shareholder approval is required for either the consolidation or the private placement; CSE has granted an exemption due to the company’s “serious financial difficulty.”

Key Details

• Share Consolidation
• Ratio: 1 post‑consolidation share for every 5 pre‑consolidation shares.
• Pre‑consolidation shares outstanding: 127,547,356.
• Post‑consolidation shares outstanding (after rounding down): 25,509,471.
• Fractional shares will be cancelled; stock options will be adjusted on the same ratio.

• No change to ticker symbol (“STKT”) and no name change.

• Private Placement Amendment

• Size: $700,000 – $1,050,000 total proceeds.
• Price per unit: $0.025.
• Unit composition: 1 common share + 1 common‑share purchase warrant.
• Warrant terms: exercisable for an additional share at $0.025 per share, valid for 3 years from issuance; cannot be exercised until a further 2‑for‑1 consolidation is completed.

• Finder’s fee to be paid in cash and securities per CSE policies.

• Regulatory & Governance

• Board of Directors has authority to effect the consolidation via directors’ resolution; no shareholder vote required.
• CSE approval obtained to forego shareholder consent for the private placement under policy 4.6(2)(b).

• No related parties will participate in the private placement.

• Financial Context

• The exemption is justified by the company’s “serious financial difficulty,” indicating reliance on the raised capital for ongoing operations or restructuring.

Notable Quotes

• Eli Ben‑Haroosh, CEO: “The Consolidation is intended to increase the Company's flexibility and make the securities more attractive to potential investors… The Board believes this is in the best interest of shareholders.”

All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.