VANCOUVER, British Columbia – TheNewswire – May 14, 2025 – Carrier Connect Data Solutions Inc. (TSX.V:CCDS; WKN:A40XB1) (the “Company”), an innovative Canadian data center services provider, is pleased to announce that Mr. Dan Barnholden has joined the Company’s newly formed advisory board as a capital markets advisor, effective immediately.

 

Mr. Barnholden is a seasoned capital markets professional with over 20 years of experience in senior investment banking roles at bank-owned and boutique dealers in Toronto and Vancouver. He has raised billions of dollars in debt and equity for junior, mid-tier and senior companies, as well as advised dozens of companies on mergers, acquisitions, divestitures, and other financial, strategic and governance matters.  Mr. Barnholden is currently CEO of TSX-V listed Luca Mining Corp. Previously, he was with an international investment banking firm where he was Managing Director, Investment Banking. He also served as Head of Investment Banking at a Vancouver based, employee-owned investment banking firm. Dan completed his B.A. with Great Distinction from McGill University and holds an MBA from the Richard Ivey School of Business at the University of Western Ontario, where he was an Ivey Scholar. Dan was a founding shareholder of Hopefield Ventures II and is an existing investor in Carrier Connect Data Solutions.

 

Management Commentary

 

“I am thrilled to have Mr. Barnholden join our newly formed Advisory Board as our capital markets advisor. I have worked with Dan professionally as a seasoned banker in the Canadian market, and know first hand the depth of his knowledge and relationships in the capital markets. We look forward to Dan’s valuable counsel and advice as we continue to capitalize and grow Carrier Connect,” commented Mark Binns, CEO.

 

Dan Barnholden commented, “I believe that there is a massive opportunity to consolidate the data centre space and I am thrilled to lend my capital markets relationships to help Mark execute on this exciting business plan.”

 

About Carrier Connect Data Solutions Inc.

 

The Company operates a Tier II/III data center located in downtown Vancouver, British Columbia, and specializes in delivering co-location and data center solutions to service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral facility, Company’s systems are fully independent and owned outright within its leased space. The current principal market for the Company is the Vancouver Metropolitan Area, where it serves clients who use its facility either as their primary datacenter or as an ancillary site depending on their needs.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

“Mark Binns”

 

Mark Binns, CEO

 

For further information, please contact:

 

Attention: Mark Binns, CEO

Email: mark@carrierconnectds.com  

 

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 of this release.

 

Cautionary Statement Regarding Forward-Looking Information

 

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, statements with respect to the completion of the Acquisition. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Such forward-looking information is based on numerous assumptions, including among others, that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information also involves known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, reliance on key management and other personnel, and the risk factors with respect to the Company set out in the Company’s filings with the Canadian securities regulators and available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

 

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.