Bri-Chem Enters into Formal Supply Agreement with Reliant Technologies Inc.

Executive Summary

• Bri‑Chem Corp. entered into a formal supply agreement with Reliant Technologies Inc., a company substantially owned by Bri‑Chem’s CEO Barry Hugghins.
• The agreement provides Bri‑Chem access to advanced technologies and specialty chemical formulations to enhance its product portfolio and competitive positioning.
• The transaction was reviewed and approved by the Board, with Mr. Hugghins abstaining from related deliberations and voting; it is exempt from certain minority‑shareholder approval requirements under MI 61‑101.

Key Details

• Agreement Effective Date: February 17 2026.
• Parties Involved: Bri‑Chem Corp. (TSX: BRY) and Reliant Technologies Inc. (substantially owned by Mr. Barry Hugghins, CEO/President/Executive Chairman of Bri‑Chem).
• Nature of Transaction: Related‑party supply agreement for advanced technologies and specialty chemical formulations.
• Strategic Rationale: Expected to provide superior, differentiated technologies, expanding high‑value offerings and strengthening market competitiveness domestically and internationally.
• Board Approval: Reviewed and approved by the Board of Directors; Mr. Hugghins abstained from deliberations/voting per related‑party governance standards.
• Regulatory Exemption: The agreement is exempt from formal valuation and minority shareholder approval requirements under MI 61‑101 sections 5.5(d) and 5.7(c).

Notable Quotes

(No direct quotes were provided in the release.)