Announcement • Mar 12
Trenchant Technologies Capital Corp. announced that it has received CAD 1.5 million in funding On March 10, 2026, Trenchant Technologies Capital Corp. closed the transaction. The company issued 200 debentures for gross proceeds of CAD 200,000 in its final tranche. Announcement • Dec 11
Trenchant Technologies Capital Corp. announced that it expects to receive CAD 1.5 million in funding Trenchant Technologies Capital Corp. announced a private placement of convertible debentures for gross proceeds of up to CAD 1,500,000 on December 10, 2025. The debentures will bear interest at a rate of 12% per annum and will mature one year from the date of issuance. At the sole option of the holder, the principal amount of the debentures and accrued interest thereon may be converted into common shares in the capital of the company at a conversion price of CAD 0.10 per share, subject to certain adjustments as provided for in the certificates representing the debentures. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after the date of issuance of the debentures. The transaction may include participation from certain insiders. Announcement • Nov 14
Trenchant Technologies Capital Corp. announced that it has received CAD 0.15 million in funding On November 13, 2025. Trenchant Technologies Capital Corp. announces that it has closed the transaction. Announcement • Oct 24
Trenchant Technologies Capital Corp. announced that it expects to receive CAD 0.15 million in funding Trenchant Technologies Capital Corp announced a private placement to issue convertible debentures for principle amount of CAD 150,000 on October 23, 2025. The debentures will bear interest at a rate of 12 per cent per annum and will mature one year from the date of issuance. At the sole option of the holder, the principal amount of the debentures and accrued interest thereon may be converted into common shares in the capital of the company at a conversion price of CAD 0.10 per share. Securities will be subject to a statutory hold period expiring four months and one day after the date of issuance of the debentures and transaction is subject to stock exchange approval. New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$63k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$63k free cash flow). Shares are highly illiquid. Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.06m market cap, or US$4.41m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Announcement • Aug 11
Trenchant Technologies Capital Corp., Annual General Meeting, Sep 26, 2025 Trenchant Technologies Capital Corp., Annual General Meeting, Sep 26, 2025. Location: cozen o connor llp, bentall 5, 550 burrard street, suite 2501, british columbia, v6c 2b5, vancouver Canada New Risk • Jul 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% 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$1.2m free cash flow). Shares are highly illiquid. Earnings have declined by 57% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.58m market cap, or US$5.48m). Board Change • Jul 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Paul Kania was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% 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$1.2m free cash flow). Earnings have declined by 57% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.18m market cap, or US$5.20m). Announcement • Apr 03
Trenchant Technologies Capital Corp. Appoints Paul Kania as A Director, Effective April 2, 2025 Trenchant Technologies Capital Corp. announced the appointment of Paul Kania as a director of the Company effective as of April 2, 2025. Mr. Kania is a registered Certified Public Accountant with the State of New York and has over 19 years in accounting and finance, and is the Founder of PLK Accounting &Finance Inc. ("PLK"), which provides chief financial officer and board of director services to publicly listed entities. Prior to founding PLK, Mr. Kania worked as an auditor at firms such as MNP LLP in Toronto, and Berdon LLP in New York City, before joining Brookfield Asset Management as a manager in their Corporate Finance department. Mr. Kania graduated with an HBA in Economics and Philosophy from the University of Toronto and has a Finance and Accounting Certificate from Ryerson University. New Risk • Dec 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$1.2m free cash flow). Shares are highly illiquid. Earnings have declined by 56% per year over the past 5 years. Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.85m market cap, or US$1.32m). New Risk • Aug 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.9m (US$9.60m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 51% per year over the past 5 years. Shareholders have been substantially diluted in the past year (80% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$12.9m market cap, or US$9.60m). Announcement • Aug 28
Trenchant Technologies Capital Corp. announced that it has received CAD 0.05 million in funding On August 27, 2024, Trenchant Technologies Capital Corp., closed the transaction. The company issued 200,000 units at a price of CAD 0.25 per unit for the gross proceeds of CAD 50,000. The securities issued in connection with the Offering, and the Shares that may be issuable on exercise of
the warrants, are subject to a statutory hold period expiring four months and one day after closing of the
Offering. Announcement • Aug 07
Trenchant Technologies Capital Corp. announced that it expects to receive CAD 3 million in funding Trenchant Technologies Capital Corp. announced a non-brokered private placement financing consisting of 12,000,000 units at an issue price of CAD 0.25 per Unit for gross proceeds of up to CAD 3,000,000 on August 6, 2024. Each Unit will consist of one common share and one transferable share purchase warrant with each Warrant entitling the holder to purchase one additional Share at a price of CAD 0.50 per Share for a period of two years from closing. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. Finder’s fees may be paid in connection with the Offering in accordance with applicable laws Announcement • Jul 30
Trenchant Technologies Capital Corp., Annual General Meeting, Sep 27, 2024 Trenchant Technologies Capital Corp., Annual General Meeting, Sep 27, 2024. Location: clark wilson llp, suite 900, 885 west georgia street, british columbia, vancouver Canada Announcement • Jun 21
Trenchant Technologies Capital Corp. announced that it has received CAD 0.1 million in funding On June 20, 2024, Trenchant Technologies Capital Corp. closed the transaction. Announcement • Jun 14
Trenchant Technologies Capital Corp. announced that it expects to receive CAD 0.1 million in funding Trenchant Technologies Capital Corp. announced a non-brokered private placement of 400,000 units at a price of CAD 0.25 per unit for the gross proceeds of CAD 100,000 on June 12, 2024. Each Unit is comprised of one common share and one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one share at a price of CAD 0.50 per warrant share for a period of two years following closing. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. New Risk • May 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% 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 Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$17.2m market cap, or US$12.6m). Announcement • Apr 19
Trenchant Capital Corp. announced that it expects to receive CAD 0.5 million in funding Trenchant Capital Corp. announced a non-brokered private placement non-brokered private placement of 500 convertible debenture units at a price of CAD 1,000 per Debenture Unit for the gross proceeds of up to CAD 500,000 on April 18, 2024. Each Debenture Unit is comprised of CAD 1,000 principal amount unsecured convertible debenture and 1,000 common share purchase warrants. Each Warrant will entitle the holder thereof to acquire one common share in the capital of the company at a price of CAD 0.26 per Warrant Share for a period of two years following closing. The principal amount of the Debenture will have a maturity date one year following the issuance of the Debentures and will accrue interest at a rate of 10% per annum. At the sole option of the subscriber, the principal amount and accrued interest thereon may be converted into common shares of the company at a conversion price determined by the closing market price of the shares on the Canadian Securities Exchange on the trading day prior to the date the company receives a Notice of Conversion from the subscriber, provided that the Conversion Price will not be less than CAD 0.26 per share, and subject to the policies of the CSE. On the maturity date, at the sole option of the company, the principal amount and any accrued interest thereon may be converted into shares at the conversion price, subject to the policies of the CSE. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. The transaction. The transaction will include participation from insiders of the company. New Risk • Feb 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor 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 Shares are highly illiquid. Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.12m market cap, or US$6.01m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Dec 06
Trenchant Capital Corp. announced that it expects to receive CAD 2.5 million in funding Trenchant Capital Corp. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.25 per unit for the gross proceeds of up to CAD 2.5 million on December 5, 2023. Each unit will consist of one common share and one transferable share purchase warrant, with each warrant entitling the holder to purchase one additional share at a price of CAD 0.5 per share for a period of two years from closing. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after closing of the offering. Finders' fees may be paid in connection with the offering in accordance with applicable laws. Board Change • Dec 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Darren Devine was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jul 26
Trenchant Capital Corp., Annual General Meeting, Sep 27, 2023 Trenchant Capital Corp., Annual General Meeting, Sep 27, 2023. Board Change • Aug 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Tom English was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jul 23
Trenchant Capital Corp., Annual General Meeting, Sep 27, 2022 Trenchant Capital Corp., Annual General Meeting, Sep 27, 2022. Board Change • Jul 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Tom English was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Tom English was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Tom English was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 25
Trenchant Capital Corp. announced that it has received CAD 1.495 million in funding On March 25, 2021, Trenchant Capital Corp. (CNSX:TCC) closed the transaction. The company received the gross proceeds of CAD 1,495,000 through the issuance of 14,950,000 units. Announcement • Mar 07
Trenchant Capital Corp. announced that it expects to receive CAD 2 million in funding Trenchant Capital Corp. (CNSX:TCC) announced a non-brokered private placement for 20,000,000 units at a price of CAD 0.10 per units for gross proceeds of CAD 2,000,000 on March 5, 2021. Each unit is comprised of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for a period of 2 years at a price of CAD 0.115 per share. The company may pay finder's fees in accordance with the policies of the TSX Venture Exchange. The private placement is subject to a four month and one day hold period. Announcement • Nov 14
Trenchant Capital Corp. Announces Board Changes Trenchant Capital Corp. announce that it has appointed Darren Devine to the board of directors of the Company and as a member of the Company's Audit Committee and Investment Committee. Mr. Devine is a principal of CDM Capital Partners Inc. Mr. Devine also acts as a director or officer to a number of junior public companies in the natural resources and technology sectors. Mr. Devine currently serves on the board of directors of three TSX Venture Exchange listed companies, TrackX Holdings Inc., as a director, Chakana Copper Corp., as a director, and Dolly Varden Silver Corp., as Chairman of the Board. In addition, he is currently an active member of the TSX Venture Exchange's Local Advisory Committee. Mr. Devine is qualified as a barrister and solicitor in British Columbia, as well as in England and Wales. Prior to founding CDM Capital Partners Inc., Mr. Devine practiced exclusively in the areas of corporate finance and securities law. Following Mr. Devine's appointment, the Audit Committee was recomposed to be
comprised of three directors, namely Eric Boehnke, Thomas English and Mr. Devine. As defined in National Instrument 52-110 - Audit Committees ("NI 52-110"), Mr. Boehnke, the Company's CEO is not "independent", as he an executive officer of the Company, and Messrs. English and Devine are independent. All of the Audit Committee members are "financially literate", as defined in NI 52-110, as all have the industry experience necessary
to understand and analyze financial statements of the Company, as well as the understanding of internal controls and procedures necessary for financial reporting. The Investment Committee was also recomposed to be comprised of Messrs. Boehnke, English and Devine. 
