Cupertino, California--(Newsfile Corp. - July 13, 2026) - Boardwalktech Software Corp. (TSXV: BWLK) (OTCQB: BWLKF) (the "Company" or "Boardwalktech") is pleased to announce, subject to the approval of the TSX Venture Exchange (the "TSXV"), that it intends to complete a non-brokered private placement for gross proceeds of up to C$1,500,000 (the "Offering") pursuant to the Listed Issuer Financing Exemption (the "LIFE") of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106").
The Offering will consist of up to 30,000,000 units of the Company (each, a "Unit", and collectively the "Units") at a price of C$0.05 per Unit (the "Offering Price"). Each Unit will be comprised of one Common Share (each, a "Common Share", and collectively the "Common Shares") and one Common Share purchase warrant (each, a "Warrant" and collectively the "Warrants"). Each Warrant will entitle the holder thereof to acquire one Common Share at a price of C$0.06 per Common Share for a period of 24 months from the closing date of the Offering.
Subject to compliance with applicable regulatory requirements, and in accordance with NI 45-106, the Offering is being made to purchasers resident in Canada pursuant to the LIFE Part 5A of NI 45-106. The securities issued under the Offering will not be subject to a hold period in accordance with applicable Canadian securities laws.
There is an offering document related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at https://ir.boardwalktech.com/form-page. Prospective investors should read this offering document before making an investment decision.
The Company intends to use the net proceeds of the Offering for sales and marketing initiatives, working capital and general corporate purposes, and balance sheet enhancement to support future growth.
Closing of the initial tranche of the Offering is expected to occur on or about July 24, 2026, or such other date as the Company may decide, and remains subject to the Company obtaining all necessary corporate and regulatory approvals, including approval of the TSXV.
The Company may pay finders' fees in connection with the Offering and in accordance with the policies of the TSXV.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or "U.S. Persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.