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Tech Firm Seeks Investment for Growth and Acquisition

Vancouver, CanadaTuesday, December 23, 2025
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Offering Details:

  • Unit Cost: $1,000
  • Components per Unit:
  • Secured Debenture:
  • Interest Rate: 16% annually
  • Security: Company's assets
  • Share Purchase Warrants:
  • Quantity: 4,000
  • Exercise Price: $0.10 per share
  • Validity: Up to 36 months

Fund Allocation:

  • $2 Million: Potential acquisition of Insentra (subject to TSX Venture Exchange approval)
  • Remaining Funds:
  • Repayment of loans
  • Legal and audit costs
  • Accounts payable
  • Sales, marketing, and research

Key Considerations:

  • Insentra Acquisition: Not guaranteed; funds will be reallocated if the deal falls through.
  • Debenture Repayment: Early repayment possible with conditions and penalties.
  • Warrant Acceleration: Possible under certain conditions.

About Turnium Technology Group:

  • Business Model: Global provider of Technology-as-a-Service.
  • Strategy: Acquires, integrates, and delivers IT solutions worldwide.
  • Goal: Offer a comprehensive portfolio of IT solutions to channel partners.

CEO Statement:

  • Doug Childress confirms due diligence is underway for the Insentra acquisition.
  • Timeline: Expects to extend the letter of intent and finalize the deal by late January 2026.
  • Contingency Plan: If the acquisition does not materialize, funds will be used for other opportunities.

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