Pioneer AI Foundry Announces Quarterly Results

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Pioneer AI Foundry Inc. (Cboe CA: JPEG) (FSE: 6NU0) ("Pioneer" or the "Company") announces that it has filed its interim financial statements for the quarter ended November 30, 2025 and its related management's discussion and analysis.

During the second quarter, Pioneer recorded its first revenue, totaling $46,480, derived from a Kora AI services contract. While the Company reported a net loss of $2,292,591 for the quarter, this was primarily driven by non-cash, mark-to-market fair value adjustments of $1.5 million on strategic venture investments and one-time marketing expenditures.

The Company continues to advance its Layered Treasury model, which combines a proprietary direct Bitcoin treasury, recently bolstered by a $500,000 BTC allocation and equity stakes in AI and decentralized finance (DeFi) innovators. A major technical milestone was achieved during the period with the successful internal testing of the Model Context Protocol (MCP) cloud environment for Kora, Pioneer's flagship AI-powered trading platform.

Subsequent to the quarter-end, its strategic partner Satsuma Technology PLC (LSE: SATS) successfully up-listed to the Main Market of the London Stock Exchange on December 19, 2025. This significant event for Satsuma, which recently reported holding 1,153 BTC in its treasury.

"Our Q2 results reflect the ongoing development phase of our Kora platform," said Darcy Taylor, CEO of Pioneer AI Foundry. "The successful up-listing of Satsuma to the LSE Main Market is a powerful testament to the caliber of our venture partners and the long-term value inherent in our diversified portfolio."

The Company also announces that, as a result of a review by the British Columbia Securities Commission, its has filed an amended and restated management's discussion and analysis for the interim period ended August 31, 2025 ("Q1 MD&A"), which should be read in conjunction with its interim financial statements for that period (the financial statements remain unchanged). Both can also be found under the Company's profile on SEDAR+ at www.sedarplus.ca.

The Q1 MD&A was amended and restated to provide further clarity and information regarding the Company's subsidiaries and strategic investments. In particular, the amended Q1 MD&A provides further discussion regarding the Company's KORA AI platform (including discussion regarding its development timelines), strategic investments and partnerships, expenses during the period, related party transactions, as well as an update regarding the Company's subsidiaries.