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Fort Technology Inc. Clarifies Matters Related to Convertible Debenture Financing



September 29, 2025 TheNewswire - Vancouver, British Columbia – Fort Technology Inc. (TSXV:FORT) (the “Company”) previously closed a non-brokered private placement of convertible debentures (the “Convertible Debentures”) at a price of $1,000 per Convertible Debenture for gross proceeds of $5,000,000. At the option of the holder, the principal amount of the Convertible Debentures is convertible into units of the Company (“Unit”), at any time from August 21, 2025, until the Maturity Date at a price equal to $0.185 per Unit. Each Unit is comprised of one common shares of the Company and one common share purchase warrant of the Company (“Warrants”). Each Warrant will entitle the holder thereof to acquire one additional common shares of the Company at an exercise price of $0.185 per share until August 21, 2030.

The Company wishes to clarify that the conversion price of the Convertible Debentures and the exercise price of the Warrants is US$0.133 ($0.185 as converted into Canadian dollars at the Bank of Canada exchange rate on the date of the issuance of the Convertible Debentures, being August 21, 2025, and 1:1.3897, and rounded down to the nearest thousandth).

About the Company

Fort Technology Inc. operates a business as an established manufacturer and seller specializing in a range of amateur and professional products for the pest control and remedial repair industry. Fort Technology Inc.’s material subsidiary, Fort Products Limited’s experience commenced since the establishment of its material subsidiary, in 2005 within the pest control industry and it prides itself on the technical knowledge received in nearly 20 years.

Additional Information for Shareholders

For further information, please contact:

 

Gabi Kabazo
Chief Executive Officer

Fort Technology Inc.
Telephone: (604) 833-6820
Email: ir@impactacquisitions.net

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

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