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Clara Technologies Corp. — M&A Activity 2025
Dec 3, 2025
48408_rns_2025-12-03_f0ee1e04-c46d-4671-96ed-ac0993de30df.pdf
M&A Activity
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FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
Clara Technologies Corp. (the “Company”)
666 Burrard Street, Suite 630
Vancouver, BC V6C 3P6
Item 2 Date of Material Change
The material change occurred on February 24, 2025.
Item 3 News Release
A press release in connection with the material change was issued on February 24, 2025, through Newsfile Corp. and filed on www.sedarplus.ca under the Company’s profile.
Item 4 Summary of Material Change
The Company closed its acquisition of Hunter Sales Co Pty Ltd. (“HSCPL”), a privately held arm’s-length company established under the laws of Australia.
Item 5 Full Description of Material Change
5.1 Full Description of Material Change
The Company closed its acquisition of HSCPL, along with its flagship product, Sales Buddi. HSCPL is a privately held arm’s-length company established under the laws of Australia. In consideration for acquiring all of the outstanding share capital of HSCPL, the Company has issued to the shareholders of HSCPL a total of 6 million common shares, at a deemed issuance price of $0.18 per share, and 6 million common share purchase warrants, each warrant exercisable at a price of $0.23 for one additional common share of the Company for a term of twenty-four months. Based on the issuance price of the consideration shares, the Company values HSCPL at $1.08 million.
5.2 Disclosure for Restructuring Transactions
Not applicable.
Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102
Not applicable.
Item 7 Omitted Information
Not applicable.
Item 8 Executive Officer
For further information with respect to this report, please contact Gerad Tritt, a Director of the Company at (604) 671-4799.
Item 9 Date of Report
December 1, 2025