July 9, 2025 – TheNewswire - Toronto, Ontario – Blue Horizon Global Capital Corp. (“Blue Horizon” or the “Corporation”), a dynamic investment company focused on identifying and nurturing innovative enterprises, today announced its intention to acquire a significant stake in C2 Technology Innovations Ltd. (“C2”), an arm’s length Ontario-based company at the forefront of breakthrough technological advancements. This strategic investment underscores Blue Horizon’s commitment to fostering companies with exceptional projects and disruptive technologies across high-growth sectors.

 

Under the terms of a non-binding letter of intent (the “C2 LOI”) dated July 7, 2025, the Corporation will acquire an aggregate of up to 15% of the issued and outstanding securities of C2 (the “C2 Shares”) for a total purchase price of $30 million. The acquisition will be structured in three (3) tranches:

 

• For the initial 5% ownership interest, the Corporation will pay $10 million, which will be satisfied through the issuance of common shares (the “Consideration Shares”) in the capital of the Corporation at a price of $0.05 per Consideration Share. 

 

• For an additional 2.5% ownership interest, the Corporation will pay $5 million, which will be satisfied through the issuance of a secured convertible debenture (the Debenture”). The Debenture will be secured against a certain number of the C2 Shares, have a term of five (5) years and will be convertible into common shares in the capital of the Corporation at a price of $0.05 per share. 

 

• For the remaining 7.5% ownership interest, the Corporation will pay up to $15 million in cash (the “Cash Consideration”). 

 

The acquisition is subject to customary closing conditions, including due diligence investigations satisfactory to both parties, and may require shareholder and regulatory approvals, including that of the Canadian Securities Exchange. Prior to the completion of the acquisition, Blue Horizon and C2 will negotiate and enter into a definitive share exchange agreement.

About C2

 

C2 is an innovative private company based in Ontario, Canada, dedicated to bringing cutting-edge innovations to market. C2 has secured exclusive master license agreements for four groundbreaking technologies poised to revolutionize multiple high-growth sectors, including energy, artificial intelligence, and visual computing. These transformative technologies include:

 

1. Perovskite Photovoltaics - An advanced solar energy technology that harnesses the unique properties of perovskite-based materials to achieve dramatic improvements in energy conversion efficiency and significant reductions in manufacturing costs.

The strengths and competitive advances for perovskite panel technology include:

• Material and cost efficiency: the technology avoids the usage of rare earth based silicon materials, resulting in substantial savings in materials costs and lower environmental impact. 

• Energy efficiency and low carbon footprint: perovskite materials consume 1/400th of the energy required for silicon refinement which reduces energy costs and carbon footprint.  

 

• Simplified manufacturing process: the technology utilizes a unique “gas phase + liquid phase” method to produce high quality, large area perovskite films.  

• Superior technical performance: the certified power conversion efficiency is 23.3% which is competitive with state of the art silicon based cells. The technology has shown minimal degradation (1%) after 13,000 lab tested hours, ensuring long term performance. 

 

• Cost effectiveness: investment cost for perovskite cell production is approximately 50% lower then silicon cells – approximately $50 million compared to $100 million for 1GW capacity. 

This innovation moves beyond traditional silicon-based solar cells by offering superior performance under various light conditions, including low-light and indoor environments. The flexible and lightweight nature of perovskite films allows for versatile integration into next-generation energy applications, including high-efficiency residential solar panels, commercial building integrated photovoltaics (BIPV), and portable power solutions for mobile devices and remote sensors. This technology is poised to revolutionize the renewable energy landscape by making solar power more accessible, efficient, and cost-effective worldwide, with the exception of China.

2. Solid-State Battery Systems - A cutting-edge, proprietary innovation developed using carbon quantum dots (“CQDs”) technology to deliver high-performance energy storage technology that fundamentally redefines safety, energy density, and longevity compared to conventional lithium-ion batteries. This state-of-the-art energy solution is poised to redefine the standards of safety, performance, and versatility in the energy storage sector by replacing traditional liquid electrolytes with a solid-state electrolyte. CQDs batteries ensure unmatched safety, enhanced energy density, and long-lasting performance.

By replacing flammable liquid electrolytes with solid-state alternatives, these batteries eliminate the risk of thermal runaway and enhance operational safety. The batteries also provide enhanced energy density, exceeding 300Wh/kg, enabling longer operating ranges for electric vehicles, extended battery life for consumer electronics, and more efficient grid-scale storage for renewable energy sources. CQDs  batteries also provide a long-life cycle with over 30,000 charge / discharge cycles with minimal capacity degradation. This results in reduced replacement frequency and maintenance costs.

The application for CQDs batteries include:

• Electric Vehicles (EVs): The batteries are suitable for electric cars, buses and trucks providing them with enhanced range and faster charging capabilities 

• Energy Storage Systems: the batteries provide reliable and efficient home energy storage solutions for renewable sources like solar and wind. 

• Aerospace and Drones: Lightweight, high-capacity batteries for drones, e-VTOL aircraft, and satellites. 

 

• Industrial and Construction Equipment: High-power solutions for heavy-duty machinery and mining equipment. 

 

• Marine Applications: Safer and more efficient power for electric ships and submarines. 

 

• Consumer Electronics: Supports next-gen devices with higher performance and longer battery life, including smartphones, laptops, and wearables. 

 

• Military and Defense: High-reliability energy solutions for critical operations in harsh environments. 

 

The CQDs solid-state battery aligns with global sustainability goals by enhancing energy efficiency, reducing reliance on fossil fuels, and minimizing electronic waste. Its robust design and long lifespan contribute to a greener planet while powering a wide array of technologies. This technology represents a significant leap forward in energy storage, offering a more sustainable and reliable power solution for a wide array of applications globally, with the exception of China.

3. AI Vision Chip & Intelligence System - A comprehensive visual computing platform that seamlessly integrates AI-optimized chipsets with advanced capabilities for real-time 3D scene reconstruction and sophisticated video analytics. The proprietary intelligent vision chip acts as the critical “eye” for AI robots, enabling them to see, understand, and interact with the world. The high performance semiconductor chip combines visual data acquisition, AI processing, and decision-making in one platform. The core features of the chip include:

• AI-Optimized Vision: Independently processes image-based AI functions 

• Next-Level Precision: Converts real-world visuals into actionable digital intelligence 

• Proven Expertise: Successfully deployed by leading global brands like Samsung, LG, and HP 

Some of the applications for the chip include: (i) empowering robots for industries such as healthcare for the precision diagnostics and surgery assistance; (ii) empowering autonomous systems in cars, drones, and ships allowing them to navigate intelligently; (iii) the automation of manufacturing and quality control through the use and deployment of robots; (iv) home service robots to provide smart assistance in daily life.

This system also incorporates proprietary algorithms for high-fidelity 2D-to-3D display conversion, delivering immersive visual experiences without the need for specialized eyewear. Designed for unparalleled performance and efficiency, it enables intelligent visual processing directly at the source. This technology is tailored for a diverse range of applications, including enhancing smart devices with advanced spatial awareness, enabling highly accurate perception for autonomous systems, creating dynamic and interactive digital signage, and developing immersive environments for entertainment and training. The strategic objective for this technology is global commercialization and marketing, excluding China.

4. Decentralized AI Infrastructure - A secure, distributed computing framework meticulously engineered to support advanced AI operations directly at the edge. This infrastructure is built upon a robust, peer-to-peer network architecture, ensuring unparalleled data sovereignty and computational resilience. It facilitates high-speed, privacy-centric data processing by minimizing reliance on centralized cloud systems, thereby mitigating risks associated with data breaches and single points of failure. Its modular design allows for seamless integration into existing systems and scalability to meet evolving demands. This technology addresses critical needs for secure and efficient AI deployment in highly sensitive sectors such as defense (for autonomous systems and real-time threat analysis), healthcare (for patient data privacy and on-device diagnostics), and financial services (for fraud detection and secure transaction processing). The goal for this technology is global commercialization and marketing, with the exception of China.

 

C2 will act as a conduit for the commercialization of these technologies, introducing and showcasing these cutting-edge innovations to the market through hands-on demonstrations and strategic partnerships with leading innovators.

 

“Blue Horizon is excited to announce this strategic investment in C2 Technology Innovations Ltd.,” said [Alex MacKay, C.E.O. of Blue Horizon. “C2’s portfolio of groundbreaking technologies aligns perfectly with our mission to support innovative projects and companies. We are confident that this partnership will not only enhance our investment portfolio but also drive significant advancements in key sectors such as energy and artificial intelligence.”

 

Edward Chan, the President of C2, stated “This strategic partnership with Blue Horizon provides C2 with the capital and support needed to accelerate the commercialization of our groundbreaking technologies. Blue Horizon’s investment validates the immense potential of our decentralized AI infrastructure, perovskite photovoltaics, solid-state battery systems, and AI vision chip technology. We look forward to working together to bring these cutting-edge innovations to market and revolutionize their respective sectors.”

 

Private Placement

 

The Corporation would also like to announce that it intends to raise gross proceeds of up to $500,000 (the “Offering”) through a non-brokered private placement of up to 10,000,000 units (the “Units”) at a price of $0.05 per Unit.

 

Each Unit will consist of one (1) common share of Sensor and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one common share of the Corporation at a price of $0.05 for a period of tw0 (2) years following the closing date of the Offering

 

In addition, the Corporation intends to retain a licensed investment bank in the United States to host a Regulation A offering. This initiative aims to raise capital to satisfy the Cash Consideration component of the purchase price and significantly increase the Corporation’s U.S. shareholder base, positioning the Corporation for broader market access and long-term investor engagement.

 

The closing of the Offering is subject to all necessary regulatory approvals. The securities being issued pursuant to the Offering will be subject to a four (4) month hold period in accordance with applicable Canadian securities laws. The proceeds from the Offering will be used for general working capital purposes.

About Blue Horizon

 

Blue Horizon is an investment company whose primary objective is to identify promising companies with excellent projects, innovative technologies or both, using management’s extensive experience in deal sourcing and capital combination to maximize returns for its shareholders. Blue Horizon will invest its funds with the aim of generating returns from capital appreciation and investment income. It intends to accomplish these goals through the identification of and investment in securities of private and publicly listed entities across a wide range of sectors and industry areas, including but not limited to the technology, software development and biotechnology industries.

Contact:

 

For the Corporation:   Alex MacKay Chief Executive and Financial Officer Email: carriagehousecap@gmail.com

For C2:   Edward Chan Chief Executive Officer   Email: edward@c2tech.ca

 

Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement

 

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Blue Horizon’s current belief or assumptions as to the outcome and timing of such future events. Forward-looking information is based on reasonable assumptions that have been made by Blue Horizon at the date of the information and is subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking information. Given these risks, uncertainties and assumptions, you should not unduly rely on these forward-looking statements. The forward-looking information contained in this press release is made as of the date hereof, and Blue Horizon is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The foregoing statements expressly qualify any forward-looking information contained herein.