Core Viewpoint - BuildDirect.com Technologies Inc. has granted 45,000 deferred share units (DSUs) to two directors as part of its Omnibus Equity Incentive Plan, indicating a commitment to align director compensation with company performance [1][2]. Company Overview - BuildDirect is an expanding omnichannel building materials retailer, focusing on Pro Centers that serve professional contractors and trades [3]. - The company is pursuing growth through both organic means and strategic acquisitions, aiming to enhance efficiency and expand its market presence [3].

Core Viewpoint - BuildDirect.com Technologies Inc. has commenced trading on the OTCQB Venture Market under the ticker symbol "BDCTF", enhancing its visibility and access to U.S. capital markets [1][2]. Company Overview - BuildDirect is an omnichannel building materials retailer specializing in Pro Centers, which serve professional contractors and trades [5]. - The company is focused on scaling its operations through organic growth and strategic acquisitions [5]. Market Listing Details - The listing on the OTCQB is a strategic move to broaden BuildDirect's shareholder base and improve liquidity [2]. - Shares will continue to trade on the TSX Venture Exchange under the symbol "BILD" [2]. - The OTCQB is designed for early-stage and developing companies, requiring them to meet high financial standards and undergo annual verification [3]. Investor Accessibility - The OTCQB listing allows U.S. investors to trade BuildDirect shares in U.S. dollars through domestic brokerage accounts, providing improved liquidity and visibility [3]. - BuildDirect has applied for eligibility with the Depository Trust Company (DTC) to facilitate electronic clearing and settlement for U.S. investors, with approval expected soon [4].

Core Viewpoint - BuildDirect.com Technologies Inc. successfully closed a non-brokered private placement, raising gross proceeds of $7,000,250 through the issuance of 6,087,173 common shares at a price of $1.15 per share, aimed at supporting the company's growth strategy and general working capital [1][2][3]. Group 1: Private Placement Details - The private placement involved the issuance of 6,087,173 common shares at a price of $1.15 each, resulting in gross proceeds of $7,000,250 [2]. - The net proceeds from the private placement will be utilized for the company's growth strategy and general working capital [2]. - All shares issued are subject to a four-month hold period ending December 2, 2025, in accordance with applicable securities laws [2]. Group 2: Shareholder Participation - Major shareholders Pelecanus Investments Ltd., Lyra Growth Partners Inc., and Beedie Investments Ltd. participated in the private placement, purchasing 855,625, 328,858, and 303,561 common shares, respectively [3]. - The participation of insiders in the private placement constitutes a related party transaction, but the company is exempt from formal valuation and minority approval requirements under MI 61-101 [3]. - Following the private placement, the ownership percentages of the major shareholders are 38.9% for Pelecanus, 15.0% for Lyra, 13.8% for Beedie, 0.3% for Eyal Ofir, and 3.6% for CEO Shawn Wilson [3]. Group 3: Company Overview - BuildDirect is an expanding omnichannel building materials retailer, focusing on Pro Centers designed to serve professional contractors and trades [6]. - The company is actively scaling its operations through a combination of organic growth and strategic acquisitions, aiming to drive efficiency and market expansion [6].

Core Points - BuildDirect.com Technologies Inc. announced a non-brokered private placement of common shares, aiming to raise up to approximately $7 million by offering up to 6,100,000 common shares at a price of $1.15 each [2][4] - The net proceeds from the offering will be utilized to advance the company's growth strategy and for general working capital purposes [2] - The closing of the offering is subject to approval from the TSX Venture Exchange, and no finder's fee will be paid in connection with this financing [3] Shareholder Participation - The three largest shareholders, Pelecanus Investments Ltd., Lyra Growth Partners Inc., and Beedie Investments Ltd., will participate in the offering, which is classified as a related party transaction [4] - The company is exempt from formal valuation and minority approval requirements under Multilateral Instrument 61-101, as the insiders' participation will not exceed 25% of the company's market capitalization [4] Regulatory Information - The securities issued in the private placement will not be registered under the United States Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an applicable exemption [5] - The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of the release [6] Company Overview - BuildDirect is an expanding omnichannel building materials retailer, focusing on Pro Centers that serve professional contractors and trades [7] - The company is scaling its operations through organic growth and strategic acquisitions, aiming to enhance efficiency and market expansion [7]