Not for distribution in the United States.
Private Placement
Vancouver, BC — October 14, 2025 — Telescope Innovations Corp. (CSE:TELI) (OTCQB:TELIF) (FSE:J4U) (the “Company”), a leading developer of advanced technologies and services for the global pharmaceutical and high-value chemical industries is pleased to announce that it has closed the second tranche of its private placement (the “Offering”) under the Listed Issuer Financing Exemption (as defined below) and has issued 5,186,816 common shares of the Company (each, a “Common Share”) at a price of $0.25 per Common Share, for gross proceeds of $1,296,704.
“We are very pleased with the outcome of our equity raise” announced Henry Dubina, Telescope CEO. “The proceeds will allow Telescope to fully execute our strategy and deliver a significant return for all of our stakeholders; customers, employees and investors.”
In accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the Offering was made to purchasers’ resident in Canada, except Quebec, as well as certain jurisdictions outside of Canada, pursuant to the listed issuer financing exemption under Part 5A of NI- 45-106 and in reliance on the amendments to Part 5A of NI 45-106 set forth in Coordinate Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the “Listed Issuer Financing Exemption”). The Common Shares offered under the Listed Issuer Financing Exemption are not subject to a hold period in accordance with applicable Canadian securities laws.
A finder’s fee in the amount of $3,500 has been paid by the Company in connection with the Offering to an arm’s length party.
Marketing Agreements
The Company has entered into a marketing agreement dated September 19, 2025, with Gold Standard Media, LLC (“GSM”) and its affiliates for digital marketing services to the Company (the “GSM Agreement”). Under the GSM Agreement, GSM will provide the Company with marketing services, including digital marketing, creating landing pages, email marketing and influencer marketing (collectively, the “GSM Services”). In consideration for the GSM Services, GSM will receive an aggregate upfront payment of USD$500,000, as well as reimbursement for marketing activities which are expected to total $856,000. The GSM Agreement has a six-month term, commencing on November 1, 2025, unless terminated earlier in accordance with its terms. It may be terminated upon completion of the term or by either party at any time.
GSM uses third party service providers for the GSM Services, which include its affiliates, Future Money Trends LLC, Wealth Research Group LLC and Portfolio Wealth Group LLC. GSM and its affiliates have a business address located at 723 W, University Ave. Georgetown, Texas, USA, and can be contacted at +1512-843-1723 and [email protected]. GSM and its affiliates are controlled by Kenneth Ameduri, Juliet Ameduri and Lior Gantz. GSM, its affiliates, as well as each of Kenneth Ameduri, Juliet Ameduri and Lior Gantz, are arm’s length parties to the Company. Lior Gantz, a control person of Wallace Hill Partners Ltd., and one of the principals of GSM, participated in the Offering and holds a total of 3,226,816 Common Shares.
The Company also entered into a marketing agreement dated October 9, 2025 with Machai Capital Inc. (“Machai”) for digital marketing services to the Company (the “Machai Agreement”). Under the Machai – 2 – Agreement, Machai will provide the Company with marketing services for a six month term, including branding, content and search engine optimization, and digital, social media, email and brand marketing (collectively, the “Machai Services”). In exchange for the Machai Services, Machai will receive an aggregate upfront payment of $200,000 and a further $200,000 payable within the six-month term of the Machai Agreement.
Machai has a business address located at 101 – 17565 58 Avenue, Surrey BC V3S 4E3 and can be contacted at (604) 375-0084 and [email protected]. Machai is controlled by Suneal Sandhu. Machai and Suneal Sandhu are arm’s length parties to the Company.
Compensation to each of GSM and Machai is not expected to include any securities of the Company.
About Telescope Innovations
Telescope Innovations is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry. The Company builds and deploys new enabling technologies including flexible robotic platforms and artificial intelligence software that improves experimental throughput, efficiency, and data quality. Our aim is to bring modern chemical technology solutions to meet the most serious challenges in health and sustainability.
On behalf of the Board,
Telescope Innovations Corp.
Henry Dubina, Chief Executive Officer
For additional information, please contact
Jeffrey Sherman, Ph.D. Investor Relations
E: [email protected]
Forward-looking information
The Canadian Securities Exchange (“CSE”) has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain “forward-looking information” under applicable Canadian securities laws. When or if used in this news release, the words “anticipate,” “believe,” “estimate,” “expect”, “intend”, “target”, “plan,” “forecast,” “may,” “schedule,” and similar words or expressions identify forward-looking information. This forward-looking information may relate to planned project development, exploration programs, the intended use of the proceeds from the Offering and other factors or information.
Forward-looking information is based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information.
The forward-looking information contained in this news release is made as of the date of this news release, and the Company expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
