TrustBIX Inc. Seeks to Bolster Financial Position with Private Placement

In a strategic move to enhance its financial standing, TrustBIX Inc., a Canadian information technology company based in Edmonton, has announced a non-brokered private placement. This initiative aims to raise up to $400,000, reflecting the company’s proactive approach to securing its operational needs.

The private placement involves the offering of up to 10 million units, each priced at $0.04. Each unit comprises one common share and one warrant, with the warrant exercisable at $0.08 per share over a two-year period. This structure provides investors with an opportunity to potentially benefit from future growth in the company’s stock price.

A notable feature of this offering is the inclusion of an acceleration clause. This clause will be triggered if TrustBIX’s stock price remains at or above $0.12 for 20 consecutive trading days, potentially allowing for an earlier exercise of the warrants.

The proceeds from this private placement are earmarked for general working capital needs, with a particular focus on inventory acquisition. This strategic allocation underscores TrustBIX’s commitment to strengthening its operational capabilities and supporting its growth trajectory.

The securities involved in this placement will be subject to a 4-month and 1-day hold period and will be sold under NI 45-106 exemptions, ensuring compliance with regulatory requirements.

As of July 3, 2025, TrustBIX’s close price stood at $0.035, with a 52-week high of $0.045 and a low of $0.005. This private placement represents a significant step for the company as it navigates the competitive landscape of the information technology sector on the TSX Venture Exchange.

Overall, TrustBIX’s decision to pursue a private placement highlights its strategic focus on financial stability and growth, positioning it well for future opportunities in the Canadian IT market.