Astron Connect to Acquire Innolink Network, an AI Infrastructure Firm

VANCOUVER, BRITISH COLUMBIA — September 12, 2025 — Leads & Copy — Astron Connect Inc. (TSXV: AST) announced it has entered a revised non-binding letter of intent with Innolink Network Ltd. to acquire all of Innolink's issued and outstanding common shares. Innolink specializes in secure, customizable AI infrastructure and enterprise-grade private deployment solutions.

The transaction, subject to TSXV approval, will constitute a change of business and reverse takeover of Astron Connect by Innolink. The combined entity, to be renamed, will trade on the TSXV under a new symbol as a Tier 2 technology issuer.

Innolink, a Canadian tech firm, focuses on enabling SMEs to access high-performance computing, custom AI model development, and Infrastructure as a Service. Innolink's services include short-term leasing of H100-based GPU clusters, sales of refurbished HPC servers, and the design/deployment of AI Point-of-Presence sites.

In connection with the transaction, Astron Connect intends to complete a non-brokered private placement to raise up to $2.3 million.

The company anticipates issuing up to 75,000,000 Astron Shares to Innolink shareholders in exchange for all of Innolink’s issued and outstanding shares.

Upon completion, the board will be restructured with nominees from both companies. The anticipated directors of the Resulting Issuer will be S. Randall Smallbone, Iris Duan, Herrick Lau, Wei Kang, and one more to be nominated by Innolink prior to Closing. In addition, the Company anticipates that S. Randall Smallbone, Iris Duan, and one more individual will be appointed as officers of the Company.

S. Randall Smallbone, Chairman and Director. Contact: Tel: 778-829-8686, Email: rsmallbone@cogeco.ca

Source: Astron Connect Inc.