HYDAWAY DIGITAL CLOSES $1,200,000 PRIVATE PLACEMENT FINANCING

Executive Summary

• Hydaway Digital Corp. closed a non‑brokered private placement of 4,800,000 units at $0.25 per unit, raising up to $1,200,000 in gross proceeds.
• Each unit includes one common share and one warrant exercisable at $0.40 per share for one year; the company may accelerate expiry if the share price stays ≥ $0.75 for five consecutive trading days.
• Proceeds will be used to further develop Hydaway’s GPU rental platform and for general working‑capital purposes.

Key Details

• Units sold: 4,800,000 units @ $0.25 per unit → gross proceeds up to $1,200,000.
• Unit composition: 1 common share + 1 warrant (exercise price $0.40 per share, one‑year term).
• Warrant acceleration clause: If the share trades ≥ $0.75 for five consecutive days, expiry may be accelerated to 30 days after a notice issued within 10 business days of the 5‑day period.
• Resale restriction: Securities subject to a four‑month lock‑up from issuance.
• Finder’s fee paid: $39,500 in cash.
• Use of proceeds: Development of GPU rental platform and general working capital.
• Related party participation: CEO Karl Kottmeier subscribed for 110,000 units ($27,500) through Madjak Management Ltd.; transaction deemed exempt from formal valuation and minority‑shareholder approval under MI 61‑101 (does not exceed 25% of market cap).

Notable Quotes

• “The proceeds of the Offering will be used to continue to develop the Company's GPU rental platform as well as for general working capital purposes.” – Karl Kottmeier, CEO & Director.