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Critical Infrastructure Technologies Announces $3 Million Private Placement
Vancouver, BC — May 12, 2026 — Leads & Copy —
Critical Infrastructure Technologies Ltd. (CSE: CTTT) has entered an agreement with Centurion One Capital Corp. to raise up to $3,000,000 through a brokered private placement. The offering will involve selling up to 10,714,286 units of the company at $0.28 per unit.
Each unit will consist of one common share of the company and one-half of one share purchase warrant. Each whole warrant will allow the holder to acquire one additional share of the company at an exercise price of $0.38 per warrant share for three years from the closing date.
Centurion One Capital Corp. will act as the lead agent and sole bookrunner for the offering.
The company has granted the lead agent an option to increase the size of the offering by up to an additional 2,142,857 units at the issue price, potentially raising an additional $600,000. The agent's option can be exercised in whole or in part up to two business days before the closing date.
Critical Infrastructure Technologies Ltd. intends to use the net proceeds from the offering for capital expenditures and general working capital purposes, including establishing sovereign manufacturing capabilities in Australia.
The units will be offered for sale through private placement under section 5A.2 of National Instrument 45-106 – Prospectus Exemptions in British Columbia, Alberta, and Ontario. They will also be offered in the United States under an exemption from the registration requirements of the U.S. Securities Act of 1933, and in jurisdictions outside of Canada and the United States as agreed upon by the company and the lead agent, provided no prospectus filing, registration, or comparable obligation arises.
Securities issued under the Listed Issuer Financing Exemption will not be subject to a statutory hold period under applicable Canadian securities laws.
An offering document related to this offering can be found under the company's profile at www.sedarplus.ca and on the company's website.
Commissions will be payable in connection with the offering, in accordance with the policies of the Canadian Securities Exchange.
The offering is expected to close around May 29, 2026, subject to certain conditions, including receipt of all necessary approvals and the approval of the Exchange.
Certain insiders of the company, the lead agent, and certain affiliates may acquire units in the offering in amounts up to approximately 20% of the offering. Any participation by related parties of the company in the offering will constitute a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The company expects such participation to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.
The securities of the company have not been registered under the U.S. Securities Act or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption.
Critical Infrastructure Technologies Ltd. is listed on the CSE with operations in Perth, Western Australia. It is developing autonomous, high-capacity, rapidly deployable technology for essential services. The company is targeting the mining, defense, border security/surveillance, and emergency services sectors with its Nexus 16 product, which provides critical mobile telecommunications. The company's self-deploying platform supports radio equipment, including LTE, and other payloads, such as surveillance and anti-drone systems.
Centurion One Capital's mission is to fuel visionary entrepreneurs with transformative capital, expertise, and a global network.
Brenton Scott, Director & Chief Executive Officer