BULLETIN V2026-2295
ASIATEL OUTSOURCING INC. ("ATOI")
[formerly NEW MEDIA CAPITAL 2.0 INC. ("NEME.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol, Name Change and Consolidation, Private Placement-Non-Brokered, Resume Trading
BULLETIN DATE: July 10, 2026
TSX Venture Tier 2 Company
QUALIFYING TRANSACTION-COMPLETED/NEW SYMBOL
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Prospectus dated May 14, 2026 (the "Prospectus"). As a result, at the opening on Tuesday, July 14, 2026, the Company will no longer be considered a Capital Pool Company. The arm's length Qualifying Transaction includes the following:
Pursuant to a definitive share exchange agreement dated July 16, 2025, and as amended on January 15, 2026 and June 5, 2026, the Company acquired 100% of the issued and outstanding ordinary shares of Asiatel Outsourcing Ltd. (the "Target") from the shareholders of the Target (the "Target Shareholders") by issuing 40,000,000 post-Consolidation common shares of the Company at a deemed price of $0.20 per post-Consolidation Share to the Target Shareholders (the "Transaction").
In addition, 5,000,000 subscription receipts (the "Subscription Receipts") issued in connection with the Company's private placement of subscription receipts for gross proceeds of $1,000,000 (the "Concurrent Financing") were converted into post-consolidation Units on closing of the Transaction. Each Unit is comprised of one post-consolidation Share and one post-consolidation Share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional post-consolidation Share of the Company (a "Warrant Share") at a price of $0.30 per Warrant Share until December 30, 2027, subject to acceleration if the closing price of the Shares is at or above $0.45 for ten consecutive days. In connection with the Concurrent Financing, the Company paid $25,000 in finder's fees upon completion of the Transaction.
For additional information please refer to the Company's Prospectus, available under the Company's profile on SEDAR+, as well as the Company's news releases dated July 18, 2025, September 22, 2025, February 17, 2026, May 22, 2026 and July 2, 2026.
NAME CHANGE AND CONSOLIDATION
Pursuant to a resolution passed by the shareholders of the Company dated December 10, 2025, the Company has consolidated its capital on a 2 old for 1 new basis. The name of the Company has also been changed as follows.
Effective at the opening on Tuesday, July 14, 2026, the common shares of Asiatel Outsourcing Inc. will commence trading on TSX Venture Exchange, and the common shares of New Media Capital 2.0 Inc. will be delisted.
Post-Consolidation,
Post-Qualifying Transaction
Capitalization: Unlimited shares with no par value of which
49,618,500 common shares are issued and outstanding
Escrow: 40,000,000 common shares are subject to a TSXV escrow agreement
Transfer Agent: TSX Trust Company
Trading Symbol: ATOI (new)
CUSIP Number: 04521J100 (new)
The Company is classified as a "technology" company (NAICS # 561499).
Company Contact: Jasjit Singh Anand (Andy), Chief Executive Officer
Company Address: Park Place, 666 Burrard Street, Suite 500
Vancouver, BC V6C 3P6
Company Phone Number: 604-210-8976
Company Email Address: andy@asiateloutsourcing.com
PRIVATE PLACEMENT-NON-BROKERED
Financing Type: Non-Brokered Private Placement
Gross Proceeds: $1,000,000
Offering: 5,000,000 Listed Shares with 5,000,000 warrants
Offering Price: $0.20 per Listed Share
Warrant Exercise Terms: $0.30 per Listed Share until December 30, 2027, subject to an acceleration right
Commissions in Securities: N/A
Disclosure: Refer to the Company's news releases dated July 18, 2025, September 22, 2025, February 17, 2026, May 22, 2026 and July 2, 2026.
RESUME TRADING
Effective at the opening on Tuesday, July 14, 2026, the shares of the Company will resume trading.
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