Announcement • May 12
Critical Infrastructure Technologies Ltd. announced that it expects to receive CAD 3 million in funding Critical Infrastructure Technologies Ltd. announced that that it has entered into an agreement with Centurion One Capital Corp. (the "Lead Agent") as lead agent and sole bookrunner, in connection with a brokered private placement to issue up to 10,714,286 units at an issue price of CAD 0.28 per Unit for gross proceeds of CAD 3,000,000.08 on a commercially reasonable efforts basis on May 12, 2026. Each Unit will consist of one common share of the Company and one-half of one Share purchase warrant. Each Warrant will entitle the holder to acquire one additional Share of the Company at an exercise price of CAD 0.38 per Warrant Share for a period of three years from the Closing Date. The Company has granted the Lead Agent an option (the "Agents' Option") to increase the size of the Offering by up to an additional 2,142,857 Units at the Issue Price, for additional gross proceeds of up to approximately CAD 600,000 on the same terms and conditions as set out herein. The Agent's Option is exercisable in whole or in part at any time, up to two business days prior to the Closing Date. The securities issued under the Listed Issuer Financing Exemption will not be subject to a statutory hold period pursuant to applicable Canadian securities laws. In connection with the Offering, commissions will be payable in accordance with the policies of the Canadian Securities Exchange (the "Exchange"). The Offering is expected to close on or around May 29, 2026, or such other date as agreed upon between the Company and the Lead Agent (the "Closing Date") and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the Exchange. It is anticipated that certain insiders of the Company, the Lead Agent and certain affiliates may acquire Units in the Offering in amounts up to approximately 20% of the Offering. The Units will be offered for sale (i) by way of private placement pursuant to the listed issuer financing exemption under section 5A.2 of National Instrument 45-106 – Prospectus Exemptions, as amended and supplemented by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption") in British Columbia, Alberta and Ontario, (ii) in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and applicable U.S. state securities laws, and (iii) in jurisdictions outside of Canada and the United States as mutually agreed to by the Company and the Lead Agent. Announcement • Apr 16
Critical Infrastructure Technologies Ltd. announced that it expects to receive AUD 3.85 million in funding Critical Infrastructure Technologies Ltd. announced a private placement to issue common shares for gross proceeds of AUD 3,850,000 on April 14, 2026. New Risk • Apr 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$2.2m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$45.0m market cap, or US$32.5m).