Announcement • 4h
TrustBIX Inc. acquired Zen Cyber Ltd. TrustBIX Inc. (TSXV:TBIX) signed a letter of intent to acquire Zen Cyber Ltd. for CAD 0.09 million on February 24, 2026. TrustBIX Inc. entered into definitive agreement to acquire Zen Cyber Ltd. on April 15, 2026. The consideration consists of 6.25 million common equity of TrustBIX Inc. to be issued for common equity of Zen Cyber Ltd. The Consideration Units payable in connection with the Zen Cyber acquisition will be issued as follows: 1,250,000 Consideration Units upon closing; and up to 5,000,000 Consideration Units upon the achievement of certain performance milestones, including aggregate revenue of at least CAD 715,000 and profit of at least CAD 100,000 within twelve (12) months following the closing date. In a related transaction, a letter of intent was signed to acquire WILDCARD for 1 million common equity of TrustBIX Inc.
Jamie Swanson, the Chief Executive Officer of Zen Cyber, is expected to continue as President of Zen Cyber, reporting to TrustBIX’s Chief Executive Officer.
Completion of the transactions are subject to due diligence review by TrustBIX, board approvals by each respective party, the receipt of all applicable third-party approvals (including the approval of the TSX Venture Exchange), the parties obtaining all necessary consents, orders, regulatory approvals, signing of the Definitive Agreements and and certain other customary closing conditions.
TrustBIX Inc. completed the acquisition of Zen Cyber Ltd. on August 4, 2026. Announcement • Jul 10
TrustBIX Inc. announced that it expects to receive CAD 0.5 million in funding TrustBIX Inc. has announced a non-brokered private placement of up to 50,000,000 units at a price of CAD 0.01 per Unit for gross proceeds of up to CAD 500,000 on July 9, 2026. Each Unit is comprised of one common share and one Common Share purchase warrant, whereby each Warrant entitles the holder to purchase one Common Share at a price of CAD 0.05 for a period of 2 years from the date of closing. The securities to be issued pursuant to the Private Placement will be subject to a statutory hold period lasting four months and one day following the closing of the Private Placement. The Common Shares issued under the Private Placement will be sold to accredited investor, employee, executive officer, director and consultant, and existing security holders. The transaction is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange. Reported Earnings • May 28
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: CA$6.0k (down 98% from 2Q 2025). Net loss: CA$233.7k (loss widened 355% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. 
