BULLETIN V2026-2740
FORT TECHNOLOGY INC. ("FORT")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 26, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length acquisition of 50.1% of the issued and outstanding shares of Logia USA Inc. (the "Target") pursuant to the Share Transfer Agreement dated August 11, 2026 (the "Agreement"). Pursuant to the terms of the Agreement, the Company will issue 132,603 shares to the vendor in order to complete the 50.1% acquisition of the Target. For a period of three (3) years after the closing date, an equity rebalancing mechanism will apply on the Target, which may reduce the Company's holding of the Target to 5%. The Target is focused on selling advanced fuel integrity solutions for data centers in the USA. The vendor will be retained under a Consulting Agreement dated August 11, 2026. The vendor will be paid $140,000 USD per year, which includes a profitability bonus, and can be issued up to 2,652,058 shares of the Company upon completion of certain milestones. The Company and the Target have also entered into an unsecured Credit Facility Agreement dated August 11, 2026, (the "Credit Agreement"), in which the Company will loan up to the principal amount of $2,000,000 USD, in up to eight (8) tranches, to the Target over a 2-year period based on the Target's key milestones, which are outlined in the Company's news release dated August 11, 2026. Each tranche of the Credit Agreement bears an interest rate of 6.0% per annum, and matures on the earlier of (i) the third anniversary of the first advance payment and (ii) the Rebalancing Effective Date (as defined in the Agreement).
No finder's fee was paid.
For further details, please refer to the Company's news releases dated August 11, 2026, and August 26, 2026.
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