Vancouver, BC — November 28, 2025 — Leads & Copy — Principal Technologies Inc. (TSXV: PTEC) (FWB: JO7) has announced a non-brokered private placement financing to raise up to $1,200,000.
The Offering will involve up to 4,000,000 common shares of the company, priced at $0.30 per share. Principal intends to use the proceeds for general working capital.
The common shares issued in connection with the Offering will be subject to a statutory hold period of four months from the date of issuance, as per Canadian securities legislation. The closing of the Offering is subject to the receipt of all necessary approvals, including acceptance by the TSX Venture Exchange.
The securities have not been registered under the United States Securities Act of 1933 or any state securities laws and cannot be offered or sold in the United States without registration or an applicable exemption.
An insider of Principal Technologies Inc. is participating in the Offering, which constitutes a related party transaction under Multilateral Instrument 61-101. Roman Leydolf, a significant shareholder, is the insider in question.
The company is relying on exemptions from the valuation and minority shareholder approval requirements of MI 61-101, as the value of the securities purchased by the insider will not exceed 25% of Principal’s market capitalization. The closing of the Offering is expected to occur within two weeks of the announcement. Principal does not intend to file a material change report regarding the related party transaction at least 21 days before closing, deeming it reasonable to complete the Offering expeditiously.
Principal Technologies Inc. is a Canadian-based healthcare technologies acquisition company focused on building a global portfolio of profitable healthcare technology companies. It concentrates on companies with global distribution potential and intellectual property that can enhance medical treatment quality, cost efficiency, optimization of the patient pathway, and implementation of point of care technologies.
Jerry Trent, Chief Executive Officer, represents Principal Technologies Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements regarding the closing of the Offering, its terms, the use of proceeds, receipt of acceptance by the TSX Venture Exchange, and the company’s plans and business. Actual results may differ materially due to various uncertainties and contingencies. The company does not assume any obligation to update these statements, except as required by law.
Source: Principal Technologies Inc.
