Coloured Ties Capital Announces Proposed Share Consolidation

About this update from Coloured Ties Capital Inc

Vancouver, British Columbia--(Newsfile Corp. - July 6, 2026) - Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) ("Coloured Ties" or the "Company") announces that the Company intends to consolidate the common shares in the capital of the Company (the "Common Shares") on the basis of three (3) pre-consolidation Common Shares for every one (1) post-consolidation Common Share (the "Consolidation"). The Consolidation is intended to make the Company more attractive to potential new investors and streamline financial procedures. The Company currently has 21,886,934 Common Shares issued and outstanding, and following the Consolidation, the Company will have approximately 7,295,645 Common Shares issued and outstanding, prior to rounding for fractional shares. The Consolidation was approved by the board of directors of the Company (the "Board") in accordance with the Articles of the Company but remains subject to the approval of the TSX Venture Exchange (the "Exchange"). The Company will issue a further news release announcing the effective date of the Consolidation upon receiving Exchange approval. The Company will not be changing its name in conjunction with the Consolidation. Description of the Company's BusinessColoured Ties Capital Inc., incorporated in Alberta on August 22, 2008, is primarily listed and trading on the TSX Venture Exchange (the "Exchange") as an investment issuer with the trading symbol "TIE". An investment issuer on the TSX Venture Exchange (TSXV) is a public company engaged in investing in the securities or assets of, or lending to, other corporations. Overview of events and corporate updatesAs at March 31, 2026, the Company's investment portfolio includes investments in Sirios Resources Inc. (V.SOI), LaFleur Minerals Inc. (C.LFLR), Gladiator Metals (V.GLAD), Honey Badger Silver (V.TUF), Akanda Corp. (NASDAQ: AKAN), and Hertz Energy Inc. (C.HZ), Edgement Gold Corp. (V.EDGM) and other public and private entities. Canadian Towers and Fibre Optics Inc. (Private investee) and Akanda Corp.On August 21, 2025, investee company Canadian Towers and Fibre Optics Inc. ("Canadian Towers") completed a share purchase agreement with Akanda Corp. whereby Akanda Corp. acquired all of the issued and outstanding shares of Canadian Towers. This transaction is currently subject to Akanda Corp. capital structure changes on the Nasdaq Exchange ...

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