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Blue Horizon Announces Execution of Securities Purchase Agreement
July 31, 2025 – TheNewswire - Toronto, Ontario – Blue Horizon Global Capital Corp. (CSE: BHCC) (“Blue Horizon” or the “Corporation”), a dynamic investment company focused on identifying and nurturing innovative enterprises, today announced that, further to its press release of July 9, 2025, Blue Horizon and C2 Technology Innovations Ltd. (“C2”) have entered into a securities purchase agreement dated July 28, 2025 (the “Agreement”). C2 is an arm’s length Ontario-based company at the forefront of breakthrough technological advancements.
Under the terms of the Agreement, 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:
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For the initial 5% ownership interest, the Corporation will pay $10 million, which will be satisfied through the issuance of an aggregate 200 million common shares (the “Consideration Shares”) in the capital of the Corporation at a price of $0.05 per Consideration Share.
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For an additional 2.5% ownership interest, the Corporation will pay $5 million, which will be satisfied through the issuance of a secured convertible debentures (the Debentures”). The Debentures 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.
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For the remaining 7.5% ownership interest, Blue Horizon will pay $2 million per additional 1% ownership interest as cash consideration up to a maximum of $15 million (the Cash Consideration”).
All securities issued pursuant to the Agreement are subject to a statutory hold period of four months and one day.
The issuance of the Consideration Shares and the Debentures may require the approval of the shareholders for the proposed dilution, with the potential to materially affect control and the Corporation. Blue Horizon is of the opinion that the issuance of the Consideration Shares and the Debentures does not require shareholder approval as the Corporation is an investment issuer and is not issuing common shares equal to 100% of the Corporation’s issued and outstanding securities. Should the issuance of shares upon the exercise of the Debentures result in the Corporation requiring shareholder approval, the Corporation shall obtain such approval prior to the issuance of the shares.
About C2
C2 is a private company based in Ontario, Canada, dedicated to bringing innovations to market. C2 has secured exclusive master license agreements for four (4) technologies in the energy, artificial intelligence, and visual computing sectors. These technologies include:
The strengths and competitive advances for perovskite panel technology include:
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, and portable power solutions for mobile devices and remote sensors.
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:
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Consumer Electronics: Supports next-gen devices with higher performance and longer battery life, including smartphones, laptops, and wearables.
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.
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.
C2 will act as a conduit for the commercialization of these technologies, introducing and showcasing these innovations to the market through hands-on demonstrations and strategic partnerships with leading innovators. It is anticipated that the Corporation and C2 will fund the commercialization of the technologies through the strategic partnerships and future financings.
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 Tel: 416.989.1067 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.