Edmonton, Alberta--(Newsfile Corp. - November 10, 2026) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") is pleased to announce that, further to its press releases dated February 24, 2026 and April 17, 2026, it has received final acceptance from the TSX Venture Exchange (the "TSXV") in connection with the acquisition of 100% of the issued and outstanding shares of xFacilitator Inc., operating as WILDCARD MSP ("WILDCARD") (the "Transaction"). The Company also wishes to provide an update on its previously announced letter of intent with Output Providers Solutions Inc. ("OPS").
FINAL TSXV ACCEPTANCE OF WILDCARD MSP ACQUISITION
WILDCARD is an IT managed service provider simplifying IT support and making it accessible to many small business owners whom traditional providers are leaving behind (https://wildcardmsp.ca/).
Pursuant to the terms of the definitive share purchase agreement, TrustBIX acquired 100% of the issued and outstanding shares of WILDCARD for aggregate consideration of up to 1,000,000 consideration units (the "Consideration Units") at a deemed price of $0.02 per Consideration Unit. Each Consideration Unit consists of one common share of the Company (a "Common Share") and one common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.08 for a period of two years from the date of issuance.
The Consideration Units were issued and are issuable as follows:
- 200,000 Consideration Units were issued upon closing of the Transaction; and
- Up to 800,000 additional Consideration Units are issuable upon achievement of certain performance milestones, including aggregate revenue of at least $150,000 and profit of at least $20,500 within twelve months following the closing of the Transaction. If the milestones have not been achieved within the initial twelve-month period, the Company may, at its sole discretion, extend the milestone period for up to an additional six months.
The securities issued pursuant to the Transaction are subject to a statutory four-month and one-day hold period in accordance with applicable Canadian securities laws.
UPDATE ON LETTER OF INTENT WITH OUTPUT PROVIDER SOLUTIONS INC.
The Company also announces that the letter of intent with OPS, previously announced on February 10, 2026, will not proceed. The Company and OPS have mutually agreed not to advance the proposed transaction. The Company will continue to evaluate other business opportunities.
About TrustBIX (TSXV: TBIX)
TrustBIX is an agricultural technology company providing Gate to Plate® solutions to create a world where we trust more, waste less, and reward sustainable practices.
Forward-Looking Information
This press release contains certain forward-looking information and reflects the Company's present assumptions regarding future events. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results, levels of activity, performance, and/or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.
Certain statements contained in this document constitute forward-looking statements and information within the meaning of the applicable Canadian securities legislation. When used in this document, the words "may", "would", "could", "should", "will", "intend", "plan", "propose", "anticipate", "believe", "forecast", "estimate", "expect" and similar expressions used by any of the Company's management, are intended to identify forward-looking statements. Such statements reflect the Company's internal projections, expectations, future growth, performance and business prospects and opportunities and are based on information currently available to the Company. Since they relate to the Company's current views with respect to future events, they are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company does not intend, and does not assume any obligation, to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments except as required by applicable securities legislation, regulations or policies.
FOR MORE INFORMATION CONTACT:
Mr. Hubert Lau
President and CEO
Telephone: (780) 456-2207
Email: info@trustbix.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/323365
Source: TrustBIX Inc.