Astron Connect to Acquire AI Firm Innolink Network in Reverse Takeover

VANCOUVER, BRITISH COLUMBIA — August 29, 2025 — Leads & Copy — Astron Connect Inc. (TSXV: AST) announced it has signed a non-binding letter of intent to acquire Innolink Network Ltd., a Canadian AI infrastructure and enterprise-grade private deployment solutions company.

The acquisition will be completed via a share exchange, amalgamation, or other transaction. Astron Connect will acquire all of Innolink’s shares, with the final structure to be determined based on securities, tax, and corporate law considerations.

In connection with the transaction, Astron Connect intends to raise up to $2,300,000 through a non-brokered private placement. The combined company, named by Innolink, will seek listing as a Tier 2 technology issuer on the TSXV under a new trading symbol.

Trading of Astron Connect shares has been halted and is expected to remain so until the deal closes, anticipated on or before October 31, 2025.

Innolink specializes in AI infrastructure, enabling SMEs to access high-performance computing, custom AI model development, and Infrastructure as a Service (IaaS). Its services include GPU clusters, HPC servers, AI Point-of-Presence (POP) sites, and enterprise-grade private AI deployment frameworks.

The transaction is subject to TSXV approval, shareholder approvals, and other standard closing conditions. The company intends to rely on Section 2.11 of National Instrument 45-106 for a prospectus exemption.

S. Randall Smallbone, Chairman and Director

For additional information, please contact Randy Smallbone at:

Astron Connect Inc.

Tel: 778-829-8686

Email: rsmallbone@cogeco.ca

Source: Astron Connect Inc.