FluroTech Ltd. Announces Application for Resumption of Trading, AGM Deficiency Update, and CFO Appointment

Core Viewpoint - FluroTech Ltd. is seeking to resume trading of its common shares on the NEX board of the TSX Venture Exchange after a halt due to a terminated agreement with Great Slave Helicopters 2018 Ltd. caused by unfavorable market conditions [1][2] Group 1: Trading Resumption and AGM - The company has applied to the TSXV for the resumption of trading of its common shares, which were halted on December 20, 2023 [1] - FluroTech acknowledges an AGM deficiency as it has not held its annual general meeting within the required timeframe, with the last AGM held on May 31, 2024 [3] - The company intends to call and hold its AGM as soon as practicable, addressing the election of directors and appointment of auditors [3] Group 2: Leadership Changes - Reem Chalhoub has been appointed as the new Chief Financial Officer effective October 6, 2025, succeeding Curtis Smith [4] - Chalhoub brings over 10 years of executive financial leadership experience, having secured more than $50 million in financing and led private equity business buyouts [5] - The CEO of the company stated that adding Chalhoub to the team will help reduce costs and strategically position the company for exploring reverse merger opportunities, particularly in the mining sector [6] Group 3: Company Status - FluroTech Ltd. is currently inactive with limited operations and its common shares are halted on the NEX board [7] - The company has no commercial operations and only holds cash as its asset, being a reporting issuer in Alberta and British Columbia [7]