INEO Tech Corp. Announces Non-Brokered Private Placement
Surrey, British Columbia--(Newsfile Corp. - October 9, 2025) - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), announces a non-brokered private placement of up to $500,000 (the "Offering").
Under the Offering, the Company will issue up to 12,500,000 Shares at $0.04 per Share.
Use of Proceeds
Net proceeds are expected to be used for working capital and general corporate purposes, including inventory & deployments, product/engineering and sales & marketing initiatives supporting
the Company's growth plans.
Closing, Finders' Fees and Hold Period
The Offering is subject to customary conditions, including TSX Venture Exchange ("TSX-V") acceptance, and may close in one or more tranches. The Company may pay customary cash finders' fees and/or
issue finder warrants to eligible finders, in accordance with TSX-V policies. All securities issued will be subject to a statutory hold period of four (4) months plus one (1) day from the
applicable closing date.
The Shares have not been registered and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
Insider Participation
The Company has provided notice to Coenda Investments Holdings Ltd. that it has the right, pursuant to a Settlement Agreement dated May 27, 2025, to maintain its interest in the Company by
participating in the Offering. Coenda has until October 15, 2025 to notify the Company if it will participate in the Offering. Other insiders of the Company may participate in the Offering. Any
participation by Coenda or other insiders would be considered a "related-party transaction" under Multilateral Instrument 61-101, but is expected to be exempt from the formal valuation and minority
shareholder approval requirements on the basis that the fair market value of the consideration does not exceed 25% of the Company's market capitalization.

