CA Market News
1週前
AISIX Solutions Inc. Provides Status Report of Annual Financial Statements and MD&AJune 26, 2026 5:01 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 26, 2026) - AISIX Solutions Inc. (TSXV: AISX) ("AISIX" or the "Company") provides this bi-weekly default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").The Company previously announced on May 1, 2026 that the British Columbia Securities Commission had issued a management cease trade order ("MCTO") further to the Company's application to the applicable securities regulatory authorities in Canada on the basis that the Company's audited annual financial statements, management's discussion and analysis and the applicable CEO and CFO certificates for the financial year ended December 31, 2025 (collectively, the "Annual Filings") would not be filed by the applicable filing deadline of April 30, 2026 (the "Default Announcement"). The MCTO restricts the Chief Executive Officer and Chief Financial Officer from all trading in securities of the Company until such time as the Annual Filings have been filed by the Company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company. Preparation of the Annual Filings has also impacted the timely completion of the Company's interim financial statements, accompanying management's discussion and analysis and the applicable CEO and CFO certificates for the three months ended March 31, 2026 (collectively, the "Interim Filings"). The completion of the Interim Filings is dependent on the results contained in the Annual Filings, and, accordingly, the Company could not file the Interim Filings by the reporting deadline of June 1, 2026.The Company and its auditor continue to work diligently toward completing the Annual Filings and the Interim Filings as soon as possible, and continues to expect that it will be in a position to file the Annual Filings on or before June 29, 2026 and the Interim Filings within five business days of the Annual Filings. The anticipated delay is solely related to audit procedural timing and the audit has since commenced.The Company confirms that since the date of the Default Announcement: (i) other than as described above, there has been no material change to the information set out in the Default Announcement that has not been generally disclosed; (ii) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii) there has not been any other specified default by the Company under NP 12-203; and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed. The Company confirms it will continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 so long as it remains in default of the requirement to file the Annual Filings and the Interim Filings.About AISIXAISIX is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX aims to foster resilience and sustainability in the face of climate change.For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.caForward-Looking StatementsThis news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements about the expected filing of the Annual Filings and Interim Filings, the Company's continued ability to satisfy the information guidelines set out in NP 12-203 as well as the duration of the MCTO.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made including, without limitations, information based on the current status of the Annual Filings, Interim Filings and discussions with the auditor of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information, and there is no guarantee the Annual Filings and/or Interim Filings will be made on the timeline currently expected or at all. If the Annual Filings and/or Interim Filings are not filed on time or are subject to additional delays, the securities of the Company could be subject to a cease trade order or other actions taken by the securities regulators and/or the TSXV. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this releaseTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/303027 Original: AISIX Solutions Inc. Provides Status Report of Annual Financial Statements and MD&A
CA Market News
3週前
AISIX Solutions Inc. Provides Status Report of Annual Financial Statements and MD&AJune 12, 2026 5:05 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 12, 2026) - AISIX Solutions Inc. (TSXV: AISX) ("AISIX" or the "Company") provides this bi-weekly default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").The Company previously announced on May 1, 2026 that the British Columbia Securities Commission had issued a management cease trade order ("MCTO") further to the Company's application to the applicable securities regulatory authorities in Canada on the basis that the Company's audited annual financial statements, management's discussion and analysis and the applicable CEO and CFO certificates for the financial year ended December 31, 2025 (collectively, the "Annual Filings") would not be filed by the applicable filing deadline of April 30, 2026 (the "Default Announcement"). The MCTO restricts the Chief Executive Officer and Chief Financial Officer from all trading in securities of the Company until such time as the Annual Filings have been filed by the Company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company. Preparation of the Annual Filings has also impacted the timely completion of the Company's interim financial statements, accompanying management's discussion and analysis and the applicable CEO and CFO certificates for the three months ended March 31, 2026 (collectively, the "Interim Filings"). The completion of the Interim Filings is dependent on the results contained in the Annual Filings, and, accordingly, the Company could not file the Interim Filings by the reporting deadline of June 1, 2026.The Company and its auditor continue to work diligently toward completing the Annual Filings and the Interim Filings as soon as possible, and continues to expect that it will be in a position to file the Annual Filings on or before June 29, 2026 and the Interim Filings within five business days of the Annual Filings. The anticipated delay is solely related to audit procedural timing and the audit has since commenced.The Company confirms that since the date of the Default Announcement: (i) other than as described above, there has been no material change to the information set out in the Default Announcement that has not been generally disclosed; (ii) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii) there has not been any other specified default by the Company under NP 12-203; and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed. The Company confirms it will continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 so long as it remains in default of the requirement to file the Annual Filings and the Interim Filings.About AISIXAISIX is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX aims to foster resilience and sustainability in the face of climate change.For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.caForward-Looking StatementsThis news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements about the expected filing of the Annual Filings and Interim Filings, the Company's continued ability to satisfy the information guidelines set out in NP 12-203 as well as the duration of the MCTO.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made including, without limitations, information based on the current status of the Annual Filings, Interim Filings and discussions with the auditor of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information, and there is no guarantee the Annual Filings and/or Interim Filings will be made on the timeline currently expected or at all. If the Annual Filings and/or Interim Filings are not filed on time or are subject to additional delays, the securities of the Company could be subject to a cease trade order or other actions taken by the securities regulators and/or the TSXV. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this releaseTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/301341 Original: AISIX Solutions Inc. Provides Status Report of Annual Financial Statements and MD&A
CA Market News
4週前
AISIX Solutions Inc. and Re: Drying Equipment Inc. Announce Proposed Reverse Takeover TransactionJune 11, 2026 1:50 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 11, 2026) - AISIX Solutions Inc. (TSXV: AISX) ("AISIX"), a wildfire risk assessment and analytics solutions provider, and Re: Drying Equipment Inc. ("Drying"), a Canadian insurance-focused restoration and property claims services company, are pleased to announce that they have entered into an amalgamation agreement dated June 11, 2026 (the "Amalgamation Agreement") pursuant to which the parties have agreed to complete a business combination involving a "three-cornered" amalgamation of Drying with a wholly-owned subsidiary of AISIX ("AISIX Subco") that will have the effect of AISIX acquiring all of the issued and outstanding common shares of Drying (the "Drying Shares") in exchange for common shares of AISIX, and resulting in the reverse takeover of AISIX by Drying (the "Proposed Transaction"). The Amalgamation Agreement was negotiated at arm's length. The Resulting Issuer (as defined below) expects to list as a Tier 2 Industrial Issuer following completion of the Proposed Transaction. A copy of the Amalgamation Agreement will be made available on AISIX SEDAR+ profile at www.sedarplus.ca. Information Concerning AISIX AISIX is a company existing under the laws of British Columbia, a reporting issuer in Alberta and British Columbia, and listed on the TSX Venture Exchange (the "Exchange"). AISIX is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX provides auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. AISIX currently has 185,750,858 common shares ("AISIX Shares") issued and outstanding. In addition, AISIX has granted incentive stock options to purchase up to an aggregate of 10,100,000 AISIX Shares with exercise prices ranging from $0.05 to $0.065 and expiry dates ranging from July 2026 to September 2030 (the "AISIX Options"), and common share purchase warrants to purchase an aggregate of 38,251,192 AISIX Shares with exercise prices ranging from $0.05 to $0.07 and expiry dates of August 2027 (the "AISIX Warrants"). Other than these AISIX Shares, AISIX Options and AISIX Warrants, no other securities of AISIX are outstanding.Information Concerning DryingDrying is a private company existing under the federal laws of Canada that operates within the property claims and restoration ecosystem. Drying provides 24/7 emergency response, mitigation, contents handling, reconstruction, drying equipment, and restoration support services to insurers, adjusters, property owners, contractors, and commercial clients. Built on hands-on industry experience, preferred vendor relationships, operational discipline, and reliable claim execution, Drying is positioned on a path toward industry leadership, expanded service capacity, and national-scale growth within the insurance restoration market.During the fiscal year ended September 30, 2025, Drying had revenue of $3,160,101 and a net profit before taxes of $485,582. As at September 30, 2025, Drying had total assets of $2,378,491 and long-term liabilities of $1,235,967. The foregoing financial information is unaudited. Financial information for Drying will be provided in the information circular of AISIX to be prepared in connection with the approval of the Proposed Transaction. Information Concerning the Proposed TransactionAISIX and Drying have entered into the Amalgamation Agreement setting out certain terms and conditions pursuant to which the Proposed Transaction will be completed. It is anticipated that the completion of the Proposed Transaction will involve the following steps: AISIX will consolidate the outstanding AISIX Shares on a 10 to 1 basis (the "Consolidation"), so that following the Consolidation, AISIX will have 18,575,085 AISIX Shares issued and outstanding, as well as the AISIX Options which will then be exercisable to acquire up to 250,000 AISIX Shares at exercise prices of $0.50 and the AISIX Warrants which will then be exercisable to acquire up to 3,825,119 AISIX Shares at exercise prices ranging from $0.50 to $0.70 per share;AISIX will change its name to such name as is acceptable to Drying and the Exchange, and will carry on the business of Drying (the "Resulting Issuer"); AISIX will then issue AISIX Shares to the holders of the common shares of Drying (the "Drying Shares") in exchange for the Drying Shares on the basis of 193,332.51 post-Consolidation AISIX Shares for each Drying Share held (the "Exchange Ratio"), resulting in the issuance of approximately 19,333,251 post-Consolidation AISIX Shares (the "Resulting Issuer Shares") to Drying's current shareholders at a deemed price per Resulting Issuer Share of $0.27; AISIX will settle approximately $451,000 debt outstanding with 1821 Capital Corp., a company owned and controlled by Mihalis Belantis, the current Chairman and director of AISIX, through the issuance of approximately 1,670,370 Resulting Issuer Shares at a settlement price of $0.27 per share (the "1821 Debt Settlement"), andThe Resulting Issuer will carry on the business of Drying.It is expected that the Proposed Transaction will be structured as a three-cornered amalgamation in which Drying will amalgamate with a newly incorporated, wholly-owned subsidiary of AISIX, to be formed solely for the purpose of facilitating the Proposed Transaction. The amalgamated company will be a wholly-owned subsidiary of AISIX (renamed as the parties may agree to). The final legal structure for the Proposed Transaction, however, will be determined after the parties have considered all applicable tax, securities law, and accounting efficiencies. Following completion of the Proposed Transaction the Resulting Issuer will carry on the business of Drying.As a result of the amalgamation, the current holders of Drying Shares (not including future shareholders as a result of the Financing (as defined below) and Resulting Issuer Shares issued pursuant to the 1821 Debt Settlement) will hold approximately 51% of the Resulting Issuer Shares and the current holders of the AISIX Shares will hold approximately 49% of the Resulting Issuer Shares. The Proposed Transaction will not constitute a Non-Arm's Length Transaction (as such term is defined in the policies of the Exchange). No Insider, promoter or Control Person (as such terms are defined in the policies of the Exchange) of AISIX has any material interest in Drying prior to giving effect to the Proposed Transaction. The Resulting Issuer Shares issuable under the Proposed Transaction will be subject to the escrow requirements of the Exchange and hold periods as required by applicable securities laws. Other than with respect to the Financing (as defined below), no finder's fees will be paid in connection with the Proposed Transaction.The Proposed Transaction is subject to approval by the shareholders of AISIX in accordance with Exchange policies. A meeting of the shareholders of AISIX will be called to approve the Proposed Transaction, Name Change and the appointment of new directors as detailed below (if required by Exchange policies) and applicable laws. The Proposed Transaction is also subject to approval by the shareholders of Drying, which will be obtained prior to the closing.FinancingPrior to completion of the Proposed Transaction, AISIX intends to complete a non-brokered private placement, on a post-Consolidation basis, of up to 7,407,407 subscription receipts (each a "Subscription Receipt") at a price of $0.27 per Subscription Receipt for minimum gross proceeds of $1.5 million and maximum gross proceeds of $2 million (the "Financing"). The Subscription Receipts will convert into AISIX Shares or Resulting Issuer Shares for no additional consideration following the satisfaction of release conditions. The Resulting Issuer following completion of the Proposed Transaction will use the net proceeds from the Financing for working capital purposes and to further the business objectives of the Resulting Issuer. AISIX may pay finder's fees in connection with the Financing. Further details of the Financing will be provided at a later date once the terms of the Financing are settled.It is a condition to closing of the Proposed Transaction that AISIX completes the Financing for gross proceeds of at least $1.5 million.Principal Shareholders of Resulting IssuerRuslan Elensky, the proposed Chairman and Chief Executive Officer of the Resulting Issuer, will own approximately 13,533,275 Resulting Issuer Shares or approximately thirty percent (30%) of the Resulting Issuer assuming completion of the minimum Financing and 1821 Debt Settlement.Management and Board of Directors of Resulting IssuerUpon completion of the Proposed Transaction, it is expected that the board of directors and management of the resulting issuer will consist of the persons identified below. Ruslan Elensky – Chairman, Chief Executive Officer and DirectorRuslan Elensky is the Founder and Chief Executive Officer of Drying (dba as Lemarg Restoration), an insurance-focused restoration company serving the property claims ecosystem. With over 15 years of experience in emergency response, mitigation, contents, reconstruction, and preferred vendor services, Ruslan brings a strong background in growing and scaling companies, with a focus on strengthening Drying's operations, team, processes, and service delivery for long-term growth and future public-market opportunities.Veronique Laberge – Chief Financial Officer and Corporate SecretaryVeronique Laberge is a chartered professional accountant and holder of the title of auditor. With more than 20 years of experience in professional practice, she is specialized in certification mandates, general accounting and acts as CFO for multiple public and private companies. She has been involved in numerous acquisitions, reverse takeovers and financing for small cap issuers. Riccardo Forno – DirectorRiccardo Forno has a general corporate/commercial and securities law practice with an emphasis on corporate finance, private equity, stock exchange listings, initial public offerings, capital pool company formations, qualifying transactions, and mergers and acquisitions. Mr. Forno has been a securities lawyer since 2009 actively assisting private and public issuers with their corporate finance and securities matters and has regularly assisted his public company clients with their continuous disclosure obligations and financial statement filings. Mr. Forno received his Bachelor of Laws in 2008 from the University of Ottawa and a Bachelor of Business Administration in International Business and Finance from The George Washington University in 2003 (Magna Cum Laude).Genadi Saltikov – DirectorGenadi Saltikov is a technical leader with over 15 years of experience designing and scaling complex operational systems. Currently operating in the insurance sector specializing in catastrophe and risk solutions, Genadi brings deep domain expertise regarding the data workflows and risk models utilized by major insurance carriers. Previously, he served as a Tech Lead for an ESG software platform, where he directed technical scaling, integrated AI workflows, and managed resource allocation. Genadi's background includes deploying critical systems for highly regulated environments, including government bodies, law enforcement agencies, and global financial institutions. As a board director, he leverages his background in corporate compliance and systems architecture to provide strategic oversight on governance, risk management, and operational scaling. Genadi holds a Bachelor's degree in Management Information Systems obtained from the College for Academic Studies, Israel 2011 - 2014.Edward Olson – DirectorEdward Olson is a Partner and National Lead of MNP's Sustainability Consulting Services practice, with over 26 years of experience in public practice and industry. He specializes in helping clients identify, measure, and manage material climate-related topics, advancing innovative solutions. Mr. Olson also leads national services addressing global supply chain transparency and sustainability, driving value-driven climate solutions.Gioachino Roberti – Director Dr. Gioachino Roberti is the current Chief Executive Officer of AISIX, and previously served as Head of Product at AISIX. Dr. Roberti is a physical climate risk scientist. As a recognized expert in geohazards and climate risk, he leads the development of catastrophe modeling solutions for various sectors, including insurance, critical infrastructure management and finance. Dr. Roberti holds a Ph.D in natural hazard and risk from Simon Fraser University and an M.Sc in Earth Sciences from Università degli Studi di Torino, and is a Professional Geoscientist registered in Alberta and British Columbia.Conditions to TransactionThe completion of the Proposed Transaction is subject to the approval of the Exchange and all other necessary regulatory approvals. It is also subject to additional conditions precedent, including among other things:approvals of the boards of directors of AISIX and Lemarg;completion of the Financing by AISIX for gross proceeds of at least $1.5 million;preparation and approval of an information circular outlining the definitive terms of the Proposed Transaction in accordance with the policies of the Exchange; receipt of all director, shareholder and requisite regulatory approvals relating to the Proposed Transaction, including, without limitation, the approval of the Exchange; any person who will be a post-closing shareholder of AISIX which is required by the Exchange to sign an escrow agreement in accordance with the policies of the Exchange shall have signed and delivered such agreement; andeach of AISIX and Drying shall have executed, delivered and performed all covenants on its part to be performed under the Amalgamation Agreement and all representations and warranties of each party contained in the Amalgamation Agreement shall be true and correct at the time of closing.Information Circular and CautionFurther details about the Proposed Transaction, the Resulting Issuer and Financing will be provided in the information circular of AISIX to be prepared and filed in respect of the Proposed Transaction. Investors are cautioned that, except as disclosed in the information circular, any information released or received with respect to the Proposed Transaction may not be accurate or complete and should not be relied upon.Trading in the AISIX SharesTrading in the AISIX Shares will be halted as a result of this announcement. Trading in the AISIX Shares will remain halted pending receipt and review of acceptable documentation pursuant to Section 2.2 of Exchange Policy 5.2 regarding a Change of Business/RTO in respect of the Proposed Transaction. There can be no assurance that trading in the AISIX Shares will resume prior to the completion of the Proposed Transaction. Forward-Looking Information This press release contains forward-looking information based on current expectations. Statements about the closing of the Proposed Transaction, expected terms of the Proposed Transaction, the number of securities of AISIX that may be issued in connection with the Proposed Transaction, the ownership ratio of AISIX shareholders post-closing, and the parties' ability to satisfy closing conditions and receive necessary approvals are all forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the Proposed Transaction will occur or that, if the Proposed Transaction does occur, it will be completed on the terms described above. AISIX and Drying assume no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.Cautionary StatementsCompletion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange requirements, disinterested shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of AISIX should be considered highly speculative. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information, please contact:Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@AISIX.caTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/301125 Original: AISIX Solutions Inc. and Re: Drying Equipment Inc. Announce Proposed Reverse Takeover Transaction
CA Market News
1月前
AISIX Solutions Inc. Provides Status Report of Annual Financial Statements and MD&AMay 29, 2026 6:51 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 29, 2026) - AISIX Solutions Inc. (TSXV: AISX) ("AISIX" or the "Company") provides this bi-weekly default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").The Company previously announced on May 1, 2026 that the British Columbia Securities Commission had issued a management cease trade order ("MCTO") further to the Company's application to the applicable securities regulatory authorities in Canada on the basis that the Company's audited annual financial statements, management's discussion and analysis and the applicable CEO and CFO certificates for the financial year ended December 31, 2025 (collectively, the "Annual Filings") would not be filed by the applicable filing deadline of April 30, 2026 (the "Default Announcement"). The MCTO restricts the Chief Executive Officer and Chief Financial Officer from all trading in securities of the Company until such time as the Annual Filings have been filed by the Company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company. Preparation of the Annual Filings has also impacted the timely completion of the Company's interim financial statements, accompanying management's discussion and analysis and the applicable CEO and CFO certificates for the three months ended March 31, 2026 (collectively, the "Interim Filings"). The completion of the Interim Filings is dependent on the results contained in the Annual Filings, and, accordingly, the Company will not be able to file the Interim Filings by the reporting deadline of June 1, 2026.The Company and its auditor continue to work diligently toward completing the Annual Filings and the Interim Filings as soon as possible, and continues to expect that it will be in a position to file the Annual Filings on or before June 29, 2026 and the Interim Filings within five business days of the Annual Filings. The anticipated delay is solely related to audit procedural timing and the audit has since commenced.The Company confirms that since the date of the Default Announcement: (i) other than as described above, there has been no material change to the information set out in the Default Announcement that has not been generally disclosed; (ii) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii) there has not been any other specified default by the Company under NP 12-203; and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed. The Company confirms it will continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 so long as it remains in default of the requirement to file the Annual Filings and the Interim Filings.About AISIXAISIX is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX aims to foster resilience and sustainability in the face of climate change.For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.caForward-Looking StatementsThis news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements about the expected filing of the Annual Filings and Interim Filings, the Company's continued ability to satisfy the information guidelines set out in NP 12-203 as well as the duration of the MCTO.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made including, without limitations, information based on the current status of the Annual Filings, Interim Filings and discussions with the auditor of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information, and there is no guarantee the Annual Filings and/or Interim Filings will be made on the timeline currently expected or at all. If the Annual Filings and/or Interim Filings are not filed on time or are subject to additional delays, the securities of the Company could be subject to a cease trade order or other actions taken by the securities regulators and/or the TSXV. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this releaseTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/299525 Original: AISIX Solutions Inc. Provides Status Report of Annual Financial Statements and MD&A
CA Market News
2月前
AISIX Solutions Inc. Provides Status Report of Annual Financial Statements and MD&AMay 15, 2026 5:10 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 15, 2026) - AISIX Solutions Inc. (TSXV: AISX) ("AISIX" or the "Company") provides this bi-weekly default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").The Company previously announced on May 1, 2026 that the British Columbia Securities Commission had issued a management cease trade order ("MCTO") further to the Company's application to the applicable securities regulatory authorities in Canada on the basis that the Company's audited annual financial statements, management's discussion and analysis and the applicable CEO and CFO certificates for the financial year ended December 31, 2025 (collectively, the "Required Filings") would not be filed by the applicable filing deadline of April 30, 2026 (the "Default Announcement").The MCTO restricts the Chief Executive Officer and Chief Financial Officer from all trading in securities of the Company until such time as the Required Filings have been filed by the Company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company. The Company and its auditor continue to work diligently toward completing the Required Filings as soon as possible, and continues to expect that it will be in a position to file the Required Filings on or before June 29, 2026. The anticipated delay is solely related to audit procedural timing and the audit has since commenced.The Company confirms that since the date of the Default Announcement: (i) other than as described above, there has been no material change to the information set out in the Default Announcement that has not been generally disclosed; (ii) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii) there has not been any other specified default by the Company under NP 12-203; and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed. The Company confirms it will continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 so long as it remains in default of the requirement to file the Required Filings.About AISIXAISIX is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX aims to foster resilience and sustainability in the face of climate change.For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.caForward-Looking StatementsThis news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements about the expected filing of the Required Filings.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made including, without limitations, information based on the current status of the Required Filings and discussions with the auditor of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information, and there is no guarantee the Required Filings will be made on the timeline currently expected or at all. If the Required Filings are not filed on time or are subject to additional delays, the securities of the Company could be subject to a cease trade order or other actions taken by the securities regulators and/or the TSXV. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this releaseTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/297699 Original: AISIX Solutions Inc. Provides Status Report of Annual Financial Statements and MD&A
CA Market News
2月前
AISIX Solutions Inc. Secures Three Year $780,000 Wildfire Catastrophe Modeling Contract with Major Canadian InsurerMay 5, 2026 9:18 AM
NewsfileThree-Year Agreement Delivers Predictable Recurring Revenue; Validates Enterprise-Grade PlatformVancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - AISIX Solutions Inc., (TSXV: AISX) ("AISIX" or "the Company"), a climate risk and wildfire intelligence company, is pleased to announce the execution of a Master Services Agreement (MSA) and Statement of Work (SOW) with a major Canadian insurance provider valued at $260,000 per year over a minimum three-year term, representing $780,000 in contracted revenue. AISIX was selected through a competitive, invite-only Request for Proposal (RFP) process in which multiple providers were evaluated. The agreement was signed May 4th, 2026.Contract Highlights:$260,000 annual contract value; $780,000 minimum total contract valueThree-year minimum term providing long-term revenue visibilityMilestone-linked payment schedule tied to delivery acceptanceCompetitive RFP win against multiple evaluated providersExpands AISIX's footprint in the Canadian insurance marketPayment Schedule and Milestones:Year 1 payments of $260,000 are structured across three deliverables and tied to client acceptance at each stage. Deliverable 1 (wildfire hazard data layers) accounts for 50% of Year 1 fees ($130,000), payable upon acceptance. Deliverable 2 (wildfire loss metrics including ground-up and gross loss modeling) accounts for 25% ($65,000), distributed across four milestones spanning the first 150 days. Deliverable 3 (reinsurance integration and net loss metrics) accounts for the remaining 25% ($65,000), distributed across four milestones completing within approximately 120 days of Deliverable 2 acceptance. Years 2 and 3 fees of $260,000 per year are each payable within 30 calendar days of the applicable renewal date.Scope of Work:Under the agreement, AISIX will deploy its wildfire catastrophe modeling platform across three structured deliverables: (1) baseline and climate scenario wildfire hazard data covering all of Canada; (2) location-level and portfolio-wide loss metrics - including Annual Average Loss (AAL), Occurrence and Aggregate Probable Maximum Loss (PML), and Event and Year Loss Tables - for both ground-up and gross perspectives; and (3) reinsurance integration to support net loss metrics and capital management. The platform will support portfolio runs of up to 20 million locations, with the initial hazard data delivery targeted within 15 calendar days of contract start.The engagement supports the insurance provider's underwriting, portfolio risk management, and capital allocation functions, and includes development of a custom vulnerability framework calibrated against the client's historical claims data."This contract represents exactly the type of enterprise, recurring revenue relationship we have been building toward," said Dr. Gio Roberti, Chief Executive Officer of AISIX Solutions Inc. "Winning a competitive RFP against established providers, and executing a multi-year agreement with a major Canadian insurer, is a meaningful validation of our platform's technical depth and commercial readiness. We look forward to delivering measurable value for our client and continuing to grow our presence in the insurance analytics market."For more information about AISIX Solutions Inc. and its climate risk solutions, please visit www.aisix.ca or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at linkedin.com/company/aisixsolutionsinc/About AISIX Solutions Inc. AISIX Solutions Inc., is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change. For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.ca Forward-Looking Statements Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the "forward-looking statements") within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the Company's products and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time. Media Contact
media@aisix.ca Investor Relations
investors@aisix.ca Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295956 Original: AISIX Solutions Inc. Secures Three Year $780,000 Wildfire Catastrophe Modeling Contract with Major Canadian Insurer
CA Market News
2月前
AISIX Solutions Inc. Announces Grant of Management Cease Trade OrderMay 1, 2026 8:57 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 1, 2026) - AISIX Solutions Inc. (TSXV: AISX) ("AISIX" or the "Company") announces that the British Columbia Securities Commission, as principal regulator, has granted the Company a management cease trade order (the "MCTO"). The Company applied for the MCTO due to a delay in the filing of its audited annual financial statements, management's discussion and analysis and the applicable CEO and CFO certificates for the financial year ended December 31, 2025 (collectively, the "Required Filings"), which were due on April 30, 2026.During the MCTO, the general investing public will continue to be able to trade in common shares in the capital of the Company listed on the TSX Venture Exchange (the "TSXV"); however, the MCTO restricts the Chief Executive Officer and Chief Financial Officer from trading in the securities of the Company until such time the Required Filings have been filed by the Company and the MCTO has been lifted. The Company and its auditor continue to work diligently toward completing the Required Filings as soon as possible. The anticipated delay is solely related to audit procedural timing and the audit has since commenced.The Company currently expects that it will be in a position to file the Required Filings on or before June 29, 2026 and will issue a news release announcing completion of such filings once completed. Until the Company files the Required Filings, it will comply with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"). These guidelines require the Company to issue bi-weekly default status reports by way of a news release during the period of the MCTO. The Company confirms that as of the date of this announcement (the "Announcement"): (i) there has been no material change to the information set out in the Announcement that has not been generally disclosed; (ii) there has not been any other specified default by the Company under NP 12-203; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.About AISIXAISIX is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX aims to foster resilience and sustainability in the face of climate change.For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.caForward-Looking StatementsThis news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements about the expected filing of the Required Filings.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made including, without limitations, information based on the current status of the Required Filings and discussions with the auditor of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information, and there is no guarantee the Required Filings will be made on the timeline currently expected or at all. If the Required Filings are not filed on time or are subject to additional delays, the securities of the Company could be subject to a cease trade order or other actions taken by the securities regulators and/or the TSXV. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this releaseTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/295630
Original: AISIX Solutions Inc. Announces Grant of Management Cease Trade Order
CA Market News
2月前
CORRECTION FROM SOURCE: AISIX Solutions Inc. Announces Closing of Non-Brokered Private Placement of SharesApril 30, 2026 1:33 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - AISIX Solutions Inc. (TSXV: AISX) ("AISIX" or the "Company") is pleased to announce that, further to its press releases dated April 14, 2026 and April 28, 2026, the Company has closed its previously announced non-brokered private placement financing (the "Offering") of 31,500,000 common shares in the capital of the Company ("Shares") at a price of C$0.02 per Share for aggregate gross proceeds of C$630,000. The Company received conditional approval from the TSX Venture Exchange (the "TSXV") on April 29, 2026. The Shares issued pursuant to the Offering will be subject to a four month hold period pursuant to securities laws in Canada. A "related party" (as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transaction ("MI 61-101")) participated in the Offering, subscribing for an aggregate of 5,000,000 Shares. Such related party is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the Shares issued to such related party does not exceed 25% of the Company's market capitalization. In connection with the Offering, the Company paid an eligible third party dealing at arm's length a cash finder's fee of $31,600. The Company intends to use the net proceeds of the Offering for general working capital.The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful.About AISIX Solutions Inc.AISIX is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX aims to foster resilience and sustainability in the face of climate change.For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.caForward-Looking StatementsThis news release contains forward-looking information or statements within the meaning of applicable securities laws, which may include, without limitation, statements relating to the terms and completion of the Offering, the use of proceeds of the Offering, the receipt of regulatory and stock exchange approval in respect of the Offering, the technical, financial, and business prospects of the Company, its assets and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking information or statements. Although the Company believes the expectations expressed in such forward-looking information or statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking information or statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, the ability to achieve its goals, expected costs and timelines to achieve the Company's goals, that general business and economic conditions will not change in a material adverse manner, and that financing will be available if and when needed and on reasonable terms. Such forward-looking information or statements reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties included in the documents filed under the Company's profile on SEDAR+ at www.sedarplus.ca. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive, and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward-looking information or statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, failure to compete effectively with competitors, failure to maintain or obtain all necessary permits, approvals and authorizations, failure to comply with applicable laws, including environmental laws, and risks relating to unanticipated operational difficulties. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.Not for distribution to United States newswire services or for dissemination in the United StatesTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/295250
Original: CORRECTION FROM SOURCE: AISIX Solutions Inc. Announces Closing of Non-Brokered Private Placement of Shares
CA Market News
2月前
AISIX Solutions Inc. Announces Upsize of Non-Brokered Private Placement of SharesApril 28, 2026 5:05 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 28, 2026) - AISIX Solutions Inc., (TSXV: AISX) ("AISIX" or "the Company"), a wildfire risk assessment and analytics solutions provider, is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement financing (the "Offering"). The newly upsized Offering will comprise of an aggregate of 31,500,000 common shares in the capital of the Company ("Shares") at a price of C$0.02 per Share for aggregate gross proceeds of C$630,000.The Company intends to use the net proceeds of the Offering for general working capital.The Shares issued pursuant to the Offering will be subject to a four-month hold period pursuant to Canadian securities laws. Participation by "related parties" (as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transaction ("MI 61-101")) of the Company in the Offering will constitute a related party transaction under MI 61-101 but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.The Offering is expected to close on April 29, 2026. The closing of the Offering is subject to certain conditions including, but not limited to, the approval of the TSX Venture Exchange ("TSXV"). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful.For more information about AISIX Solutions Inc. and its climate risk solutions, please visit www.aisix.ca or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at linkedin.com/company/aisixsolutionsinc/About AISIX Solutions Inc. AISIX Solutions Inc., is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change. For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.ca Forward-Looking Statements Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the "forward-looking statements") within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the Company's products and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time. Media Contact
media@aisix.ca Investor Relations
investors@aisix.ca Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.Not for distribution to United States newswire services or for dissemination in the United StatesTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/294747
Original: AISIX Solutions Inc. Announces Upsize of Non-Brokered Private Placement of Shares
CA Market News
2月前
AISIX Solutions Inc. Announces Contract Renewal With Redzone A Provider Of Underwriting Solutions For The Insurance IndustryApril 24, 2026 11:23 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 24, 2026) - AISIX Solutions Inc., (TSXV: AISX) (FSE: QT7) ("AISIX" or "the Company"), a wildfire risk assessment and analytics solutions provider, is pleased to announce that RedZone has renewed its contract with the Company, extending the ongoing commercial relationship between the parties. The contract was originally signed April 21st, 2025 and it renewed April 21st, 2026.The renewal reflects RedZone's continued confidence in AISIX's ability to deliver reliable wildfire modeling and data services supporting RedZone's products for the Canadian Insurance market. Under the renewed agreement, AISIX will continue licensing wildfire burn probability and intensity, along with technical documentation, for Alberta and British Columbia, while exploring additional opportunities to expand the relationship over time. RedZone may use AISIX data within its application to model, score, and analyze fire risks to generate RedZone Reports."We are very pleased to continue being the trusted Canadian data provider for RedZone," said Dr. Gio Roberti, CEO of AISIX Solutions Inc. "This renewal demonstrates the value of the wildfire data we provide and reinforces our commitment to delivering the most advanced wildfire data in Canada"For more information about AISIX Solutions Inc. and its climate risk solutions, please visit www.aisix.ca or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at linkedin.com/company/aisixsolutionsinc/, or book a demo.About AISIX Solutions Inc. AISIX Solutions Inc., is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change. For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.ca About RedZoneRedZone allows underwriters and insurers to take smarter risks by analyzing up-to-date disaster intelligence data and alerting clients of the potential wildfire threat that a property or portfolio may face. RedZone has saved clients millions of dollars by reducing property loss claims whilst protecting the most valuable asset of all, their customers. RedZone's Alert Dashboard pushes real-time alerts to insurers and brokers as soon as a wildfire, hurricane, or earthquake threatens one of their customers.For further information:
Clark Woodward, Chief Executive Officer
cwoodward@redzone.coForward Looking Statements Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the "forward-looking statements") within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the Company's products and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time. Media Contact
media@aisix.ca Investor Relations
investors@aisix.ca Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294141
Original: AISIX Solutions Inc. Announces Contract Renewal With Redzone A Provider Of Underwriting Solutions For The Insurance Industry
CA Market News
3月前
AISIX Solutions Inc. Announces Non-Brokered Private Placement of SharesApril 14, 2026 6:06 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - AISIX Solutions Inc., (TSXV: AISX) ("AISIX" or "the Company"), a wildfire risk assessment and analytics solutions provider, is pleased to announce a non-brokered private placement financing (the "Offering") of up to 25,000,000 common shares in the capital of the Company ("Shares") at a price of C$0.02 per Share for aggregate gross proceeds of up to $500,000.The Company intends to use the net proceeds of the Offering for general working capital.The Shares issued pursuant to the Offering will be subject to a four month hold period pursuant to securities laws in Canada. Any participation by "related parties" (as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transaction ("MI 61-101")) of the Company in the Offering will constitute a related party transaction under MI 61-101 but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.The Offering is expected to close on April 24, 2026, or on such other date or dates in one or more tranches as may be determined by the Company. The closing of the Offering is subject to certain conditions including, but not limited to, the approval of the TSX Venture Exchange ("TSXV"). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful.For more information about AISIX Solutions Inc. and its climate risk solutions, please visit www.aisix.ca or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at linkedin.com/company/aisixsolutionsinc/.About AISIX Solutions Inc. AISIX Solutions Inc., is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change. For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.ca Forward-Looking Statements Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the "forward-looking statements") within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the Company's products and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time. Media Contact media@aisix.ca Investor Relations investors@aisix.ca Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news releaseNot for distribution to United States newswire services or for dissemination in the United States
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292597
Original: AISIX Solutions Inc. Announces Non-Brokered Private Placement of Shares
CA Market News
4月前
AISIX Solutions Inc. Announces the Launch of WildfireScore Retail ApplicationMarch 12, 2026 7:20 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 12, 2026) - AISIX Solutions Inc., (TSXV: AISX) (FSE: QT7) ("AISIX" or "the Company"), a wildfire risk assessment and analytics solutions provider, announces the launch of its WildfireScore application, the Company's wildfire risk intelligence application for the general public.The application, powered by the Wildfire 3.0 API and data, allows everyone to access wildfire risk scores and reports in Canada. WildfireScore provides short-form and detailed reports allowing customers to understand their property wildfire risk by simply typing their address in a search bar."The launch of AISIX's WildfireScore application is a key milestone towards providing Canadians with tools to understand and manage wildfire risk," said Dr. Gio Roberti, CEO of AISIX Solutions Inc. "By using WildfireScore, people can understand their risk and take steps towards reducing their exposure to wildfires.""WildfireScore is a valuable tool for anyone who is looking into purchase property, allowing Canadians to make more informed real estate investment decisions in a changing wildfire risk landscape."Try WildfireScore now at https://firescore.aisix.ca/.Pilot Projects and RFP UpdatesThe Company is advancing several commercial opportunities related to pilot projects and requests for proposals for its technology and services. These opportunities are subject to review and the execution of definitive agreements. To date, no definitive agreements have been executed and there are no assurances any agreements will be reached. The Company will make announcements regarding these matters in accordance with its continuous disclosure obligations should material agreements be reached.For more information about AISIX Solutions Inc. and its climate risk solutions, please visit www.aisix.ca or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at linkedin.com/company/aisixsolutionsinc/.About AISIX Solutions Inc. AISIX Solutions Inc., is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change. For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.ca Forward-Looking Statements Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the "forward-looking statements") within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the Company's products and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time. Media Contact media@aisix.ca Investor Relations investors@aisix.ca Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288126
Original: AISIX Solutions Inc. Announces the Launch of WildfireScore Retail Application
CA Market News
4月前
AISIX Solutions Inc. Announces It Has Been Selected as Wildfire Catastrophe Modeling Vendor by a Major Canadian Insurance CompanyFebruary 26, 2026 9:06 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - AISIX Solutions Inc. (TSXV: AISX) (FSE: QT7) ("AISIX" or "the Company"), a wildfire risk assessment and analytics solutions provider, announces it has been selected as the wildfire catastrophe modeling vendor for a 3-year engagement by a major Canadian insurance company following a competitive evaluation process.After careful review of multiple proposals during an invite-only Request for Proposal (RFP) process, the insurer selected AISIX based on its strong understanding of project requirements and its ability to deliver a technically aligned solution tailored to the company's wildfire risk objectives. The engagement will see AISIX deploy its advanced wildfire catastrophe modeling capabilities based on its wildfire data to support underwriting, portfolio risk management, and strategic decision-making across the insurer's operations. The contract also includes the development of new features to quantify wildfire financial losses and reinsurance metrics aligned with the client needs. "We are honored to be selected as wildfire catastrophe modeling vendor," said Dr. Gio Roberti, AISIX's CEO. "Our team demonstrated not only the strength of our modeling framework, but also how our solution aligns with the insurer's operational, security, and architectural requirements. We look forward to delivering a successful implementation and long-term value." The insurer has initiated legal review of the Master Services Agreement (MSA) and Statement of Work (SOW), with due diligence and security documentation to follow as part of the final contracting process. The contract terms will be disclosed once the contract is signed. For more information about AISIX Solutions Inc. and its climate risk solutions, please visit www.aisix.ca or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at linkedin.com/company/aisixsolutionsinc/.About AISIX Solutions Inc. AISIX Solutions Inc., is a wildfire risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change. For further information:
Dr. Gio Roberti, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.ca Forward-Looking Statements Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the "forward-looking statements") within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the Company's products and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time. Media Contact
media@aisix.ca Investor Relations
investors@aisix.ca Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285417
Original: AISIX Solutions Inc. Announces It Has Been Selected as Wildfire Catastrophe Modeling Vendor by a Major Canadian Insurance Company
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