Announcement • Oct 11
New World Solutions Inc. Announces Board Changes New World Solutions Inc. announced that Martin Tremblay has joined the Board of Directors. In addition, Richard Yoon has resigned from the Company's board of directors, effective October 10, 2024. Martin Tremblay has nearly two decades of experience in all aspects of capital markets and is highly regarded in the international financial community as a seasoned investor, dealmaker, and M&A strategist. Over the course of his career, Mr. Tremblay has made direct investments in over 250 companies across sectors including: clean energy, fintech, healthtech, battery minerals, real estate, and luxury products. His family office's current portfolio includes investments in numerous startups and over 20 CPCs (Capital pool companies) and shell companies, demonstrating his expertise in nurturing early-stage ventures. A native of Quebec, Canada, Mr. Tremblay is fluent in three languages and has a deep understanding of global fund movements and banking platforms, positioning him as a key player in navigating international financial landscapes. In recent years, Mr. Tremblay has turned his attention to Costa Rica, where his family office develops luxury retreats and yacht charters, expanding his reach into lifestyle and high-end travel products. New Risk • Oct 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 140% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$770k free cash flow). Share price has been highly volatile over the past 3 months (41% average weekly change). Earnings have declined by 7.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (140% increase in shares outstanding). Revenue is less than US$1m (CA$9.3k revenue, or US$6.9k). Market cap is less than US$10m (CA$5.05m market cap, or US$3.72m). Announcement • Jun 14
New World Solutions Inc. (CNSX:NEWS) completed the acquisition of Panyo AI Technologies Inc. New World Solutions Inc. (CNSX:NEWS) agreed to acquire Panyo AI Technologies Inc for CAD 0.4 million on May 27, 2024. The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation and the resignation of the sole director, President and Corporate Secretary of Panyo. Upon completion of the Transaction, Panyo's board of directors will be comprised of nominees of Panyo. No change in management or board of directors of the Company is currently contemplated.New World Solutions Inc. (CNSX:NEWS) completed the acquisition of Panyo AI Technologies Inc for on June 12, 2024. 
