ZenaTech Files Early Warning Report Pursuant to National Instrument 61-103
Not for distribution in the United States
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2026) - ZenaTech, Inc. (NASDAQ: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that effective April 16, 2026, it has acquired an aggregate of 7,635,000 common shares of Boardwalktech Software Corp. (the "Issuer") at prices ranging from $0.035 to $0.05 per share over the TSX Venture Exchange representing approximately 9.40% of the outstanding common shares of the Issuer. In addition, during the same period, Dr. Shaun Passley, the Chief Executive Officer of the Acquiror, acquired an aggregate of 500,000 common shares of the Issuer at prices ranging from $0.035 to $0.05 per share over the TSX Venture Exchange representing approximately 0.61% of the outstanding common shares of the Issuer. Together, the Acquiror and Dr. Passley hold approximately 8,315,000 common shares of the Issuer representing approximately 10.1% of the issued and outstanding common shares of the Issuer. Neither ZenaTech nor Dr. Passley owned any common shares of the Issuer prior to the purchases.
The Acquiror and Dr. Passley have an understanding to coordinate their acquisition and ownership of securities of the Issuer. While there is no written agreement, the parties have agreed to consult with each other regarding the voting and disposition of such securities.
Each of ZenaTech and Dr. Passley acquired the common shares of the Issuer for investment purposes. ZenaTech or Dr. Passley may, in the future, participate in financings and/or acquire or dispose of securities of the Issuer in the market, privately or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities, or may undertake any action similar to any of those enumerated in items (a) to (k) of Section 5 of its Early Warning Report.
A copy of the Early Warning Report filed by ZenaTech under applicable securities laws shall be available under the Issuer's profile on SEDAR+ (www.sedarplus.ca).
About ZenaTech
ZenaTech (NASDAQ: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical applications for commercial, government and defense. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech's portfolio of solutions helps drive speed, accuracy, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and global network of locations through acquisitions.

