Skychain Technologies Inc. Provides Update on Delisting Notice and Ongoing Information Access Issues

Core Viewpoint - Skychain Technologies Inc. is facing a potential delisting from the TSX Venture Exchange due to a lack of access to corporate records and information necessary for the board to make informed decisions [2][3][8] Group 1: Delisting Notice and Company Response - The company received a delisting notice from the TSX Venture Exchange on November 3, 2025, which was initially addressed by prior management [2] - The current board has been granted an extension to respond to the delisting notice by March 24, 2026 [2] - The newly constituted board is unable to assess the delisting situation due to insufficient access to electronic records and corporate data [3] Group 2: Access to Corporate Records - The board has attempted to contact former directors and senior management to retrieve necessary corporate records and systems access [4] - Limited information has been received from former CEO Don Gordon, but critical electronic records and complete corporate information are still lacking [5] - The company is under a court order to preserve and deliver all documents and cooperate with the replacement directors [6] Group 3: Current Status and Future Steps - The company acknowledges its limited ability to assess its financial position and operations due to the lack of access to corporate records [7] - The board is actively working to obtain access to the company's records and systems to evaluate its financial status and regulatory obligations [8] - Further updates will be provided as more information becomes available and as required by securities laws and exchange policies [8]