VANCOUVER, British Columbia – TheNewswire - July 23, 2025 – Carrier Connect Data Solutions Inc. (TSX.V:CCDS; OTCQB:CCDSF; WKN: A40XB1) (the “Company” or “Carrier”) reports that it has completed its previously announced acquisition of all outstanding share capital of Nexion W1 DC Pty Ltd. (the “Target”) from Nexion Group Ltd. (the “Vendor”) pursuant to the terms of a share purchase agreement dated July 10, 2025 (the “Agreement”).

 

The Target operates a 2 Megawatt Tier II/III data center in Perth, Australia servicing the Asia Pacific region. The acquisition marks a significant milestone in the Company’s international expansion strategy, positioning the Company as a growing consolidator of data center infrastructure globally.

 

Under the terms of the Agreement, Carrier acquired 100% of the issued and outstanding shares of the Target for an aggregate purchase price of AUD $2.5 million, comprised of: (i) AUD $200,000 in cash paid at closing; (ii) AUD $100,000 payable six months following closing; and (iii) AUD $2.2 million under a secured vendor financing arrangement, repayable over a 25-year term at 9% interest.

 

“The Perth closing represents a major step forward in our strategy to build a global portfolio of Tier II/III data centers. The Nexion W1 facility strengthens our presence in the Asia-Pacific market and complements our Vancouver-based operations, allowing us to better serve AI companies and co-location enterprises across multiple geographies,” remarked Mark Binns, Chief Executive Officer of the Company. “We have also added sticky monthly recurring revenue of AUD ~$65,000 and a completely built-out data center capable of generating up to AUD ~$350,000/month in revenue without any new capital investment. Today, and going forward, Nexion W1 represents an excellent growth opportunity, sitting at less than 20% rack utilization.”

 

The Company also entered into certain post-closing agreements with the Vendor to ensure continuity of operations and support during the integration period, including a management services agreement and master customer agreement.

 

About Carrier Connect Data Solutions Inc.

 

Carrier Connect Data Solutions’ mission is to roll up Tier II/III data centers internationally that specialize in delivering co-location and data center solutions to AI companies, 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 organization, Carrier’s systems are fully independent and owned outright within its leased space. The current principal markets for the Company are Vancouver, Canada and Perth, Australia, where it serves clients who use its facilities 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. 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. 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.