Zonetail Announces Amendment to Private Placement Terms

Toronto, Canada — April 2, 2026 — Leads & Copy —

Zonetail Inc. (TSXV:ZONE) announced an amendment to the terms of a non-brokered private placement of its Series A 20% secured notes.

The company closed $203,800 of the notes, with insiders subscribing for $115,500, representing 57% of the offering. Interest on the notes is payable in cash on the anniversary of each note.

Zonetail intends to ask the note holders to defer the first, second, and third year’s interest on the note and extend the maturity of the notes until April 2027. The deferred amount will bear interest at 20% per annum.

The company issued 4,076,000 warrants with the notes, each warrant exercisable into one common share of the company for one year from the closing date at an exercise price of $0.05 per warrant. Zonetail has applied to the TSX Venture Exchange to extend the expiry period of the warrants for an additional year, to April 2027.

All other terms of the notes and warrants remain unchanged.

The issuance of securities to insiders is considered a related party transaction within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101. The company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(g) and 5.7(1)(e) in respect of the insider participation.

Zonetail Inc. is a mobile platform and market network. Its mission is to provide a mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services. Its vision is to build a critical mass of users in the high-rise residential vertical, through a mobile market network model providing information, products, and services.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Source: Zonetail Inc.