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FendX Technologies — Regulatory Filings 2023
Apr 12, 2023
48310_rns_2023-04-12_2f248016-91cc-4a46-9ae6-e7c902ccdb74.pdf
Regulatory Filings
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FORM 51‐102F3 MATERIAL CHANGE REPORT
Item 1. Name and Address of Company
FendX Technologies Inc. (the “ Company ”) 2010 Winston Park Dr., 2nd Floor Oakville, ON L6H 5R7
Item 2.
Date of Material Change
April 11, 2023
Item 3. News Release
The News Release dated April 12, 2023 was disseminated by Newsfile Corp. on April 12, 2023.
Item 4. Summary of Material Change
The Company announced it signed a development stage agreement dated April 11, 2023 with Dunmore International Corp., a Steel Partners Holdings L.P. (NYSE:SPLP) operating company, to provide their engineering expertise to scale‐up the Company’s REPELWRAP™ film to create intermediate‐sized prototype films for testing.
The Company announced it signed an amendment agreement dated April 11, 2023, with an effective date of January 1, 2023, with McMaster University to the Collaborative Research Agreement (the “ CRA ”) dated July 7, 2021 with an effective date of August 1, 2021. The amendment with McMaster amends the CRA to update the payment schedule related to the timing of payments including two payments of $87,500 and $75,000 originally scheduled to be made in 2022 to be amended to be made in 2023.
The Company announced it entered into an agreement dated April 11, 2023 with Triple Bull Consulting Inc. (“ Triple Bull ”) for Triple Bull to provide investor communications services to the Company in exchange for an aggregate amount of $40,000, payable within 10 days of signing. The services will include analytics and web traffic tracking set up, market research and persona development, content creation and publishing, digital marketing campaign set up and management, weekly analytics reports and other related investor communication services. Triple Bull may conduct certain of these services on social media platforms. The term of the Triple Bull agreement is for a period of four months ending on August 11, 2023. Triple Bull’s contact information is as follows: 119 Duncan Dr., Arnprior, Ontario K7S 0E1, attention: William McClain, email: [email protected], telephone: (604) 773‐9423.
The Company announced it entered into an agreement dated April 11, 2023 with ARU Global Inc. (“ ARU ”) for ARU to provide investor relations and communications services to the Company in exchange for an aggregate amount of $500,000 USD, payable in installments as follows: $100,000 USD upon execution of the agreement, $100,000 USD paid 30 days prior to campaign launch, $150,000 USD after month two of the campaign launch and $150,000 USD after month three of the campaign launch. The services will include advertorial landing page long‐copy and design, lead‐generation drip sequence, Yahoo, Google, Retargeting ad creation and audience optimization and email teasers and other related investor relations services. The term of the ARU agreement is for a period of 12 months ending on April 11, 2024. ARU’s contact information is as follows: Calle Punto
Colon, Punta Pacifica, attention: Brian Uppal, email: [email protected], telephone: 507‐6532‐8900.
Item 5. Full Description of Material Change 5.1 Full Description of Material Change
The material change is fully described in Item 4 above and in the News Release attached hereto. 5.2 Disclosure for Restructuring Transactions Not Applicable. Item 6. Reliance on subsection 7.1(2) or (3) of National Instrument 51‐102 Not Applicable. Item 7. Omitted Information None. Item 8. Executive Officer
Please contact Carolyn Myers, Director, Chief Executive Officer, at 1‐800‐344‐9868.
Item 9. Date of Report
April 12, 2023