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INEO Tech Corp. — Capital/Financing Update 2025
Nov 15, 2025
46461_rns_2025-11-14_2c0517b7-1d67-45bb-a790-f55d218d13b0.pdf
Capital/Financing Update
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Form 51-102F3
MATERIAL CHANGE REPORT
Item 1
Name and Address of Company
INEO Tech Corp. (the “Company”)
105 - 19130 24th Avenue
Surrey, BC V3Z 3S9
Item 2
Date of Material Change
October 31, 2025
Item 3
News Release
The Company disseminated a news release via Newsfile, dated October 31, 2025 and a copy was subsequently filed on SEDAR+.
Item 4
Summary of Material Change
The Company has closed a non-brokered private placement announced in its news release of October 9, 2025, pursuant to which it issued an additional 5,990,000 common shares of the Company at a price of $0.04 per share.
Item 5
Full Description of Material Change
5.1
Full Description of Material Change
On October 31, 2025, the Company closed the non-brokered private placement announced in its news release of October 9, 2025 (the “Financing”). The Company issued an additional 5,990,000 common shares (the “Shares”) at a price of $0.04 per Share for gross proceeds of $239,600. The issuance was approved by the INEO board of directors via consent resolution on October 27, 2025.
The Company received conditional acceptance from the TSXV for closing of private placement on October 23, 2025. Final acceptance remains subject to customary post-closing filings. No finder’s fees were paid in connection with the Financing.
The proceeds will be used for working capital and general corporate purposes, including support for ongoing customer deployments and product development.
The Shares Offering are subject to a hold period of four months and one day from the issuance date in accordance with applicable securities laws.
The Shares were issued pursuant to prospectus exemptions under NI 45-106, including the accredited investor exemption (section 2.3).
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
No information has been omitted on the basis that it is confidential information.
Item 8 Executive Officer
Kyle Hall: Chief Executive Officer
Email: [email protected]
Phone: 604-244-1895
Item 9 Date of Report
November 14, 2025