TSX VENTURE COMPANY
BULLETIN V2026-3260
JUNO INDUSTRIES LTD. ("JUNO")
[formerly Trail Blazer Capital Corp. ("TBLZ.P")]
BULLETIN TYPE: Qualifying Transaction-Completed/New Symbol; Name Change and Consolidation; Resume Trading
BULLETIN DATE: October 20, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing Trail Blazer Capital Corp.'s ("Trail Blazer" or the "Company") Qualifying Transaction ("QT") and related transactions described in its Filing Statement dated October 13, 2026 (the "Filing Statement").
As a result, at the opening on Thursday, October 22, 2026, the Company will no longer be considered a Capital Pool Company.
The QT includes the following matters, all of which have been accepted by the Exchange:
Qualifying Transaction - Completed / New Symbol
Pursuant to an amalgamation agreement dated March 24, 2026, as amended September 21, 2026, the Company acquired all of the issued and outstanding shares of Juno Industries Inc. ("Juno") by way of a three-cornered amalgamation among the Company, Juno, and a wholly-owned subsidiary of the Company ("Trail Blazer Subco"). Trail Blazer Subco and Juno amalgamated to form "Juno Industries (BC) Inc.", a wholly-owned subsidiary of the Company. In connection with the amalgamation, shareholders of Juno received 1.45 post-consolidation common shares of the Company for each one (1) Juno share held, resulting in the issuance of 22,474,996 post-consolidation shares at a deemed price of $0.80 per share.
In conjunction with the QT, Juno completed a concurrent non-brokered private placement of 15,000,000 subscription receipts at a price of $0.80 per subscription receipt for aggregate gross proceeds of $12,000,000. Upon the satisfaction of the escrow release conditions, the subscription receipts converted into Juno shares, which were subsequently exchanged for post-consolidation shares of the Resulting Issuer on the basis that holders received one post-consolidation share of the Resulting Issuer for each subscription receipt. In connection with the concurrent financing, the Company paid eligible arm's length finders aggregate cash finder's fees of $209,100 and issued 262,180 finder's warrants. Each finder's warrant entitles the holder to purchase one Resulting Issuer share at an exercise price of $0.80 per share for a period of 24 months. Additionally, pursuant to an advisory agreement, the Company paid Canaccord Genuity Corp. a cash corporate finance fee of $40,000 and issued 150,000 Resulting Issuer shares at a deemed price of $0.80 per share.
In consideration for their role in introducing Juno to the Company and providing assistance with the QT, the Company issued an aggregate of 1,000,000 post-consolidation shares at a deemed price of $0.80 per share as a finder's fee to arm's length finders Tavros Capital Partners Corp. and Sequoia Partners Inc.
For additional information, please refer to the Filing Statement dated October 13, 2026, available under the Company's profile on SEDAR+.
Name Change and Consolidation
Pursuant to a resolution of the board of directors, the Company has consolidated its capital on the basis of one (1) new post-consolidation common share for every six (6) old pre-consolidation common shares. The name of the Company has also been changed from "Trail Blazer Capital Corp." to "Juno Industries Ltd."
Effective at the opening on Thursday, October 22, 2026, the common shares of Juno Industries Ltd. will commence trading on TSX Venture Exchange on a consolidated basis, and the common shares of Trail Blazer Capital Corp. will be delisted.
The Company is classified as a 'Technology' company.
Capitalization: Unlimited shares with no par value of which
41,124,996 shares are issued and outstanding
Escrow: 10,235,476 shares subject to escrow (452,500 CPC Escrow shares and 9,782,976 QT Escrow shares)
Transfer Agent: Endeavor Trust Corporation
Trading Symbol: JUNO
CUSIP Number: 482044104
Resume Trading
Effective at market open on Thursday, October 22, 2026, trading will be resumed in the securities of the Company.
Company Contact: Hunter Scharfe, Chief Executive Officer
Company Address: Suite 2010, 1111 West Georgia Street, Vancouver, British Columbia V6E 4T6
Company Phone Number: (236) 706-1161
Company Email address: investors@junoindustries.ca
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