Indoor Farm Management System (IFMS)
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TrustBIX Inc. Receives Final Exchange Acceptance for Purchase of Indoor Farm Management System Asset
Newsfile· 2025-11-25 23:00
TrustBIX Inc. Receives Final Exchange Acceptance for Purchase of Indoor Farm Management System AssetNovember 25, 2025 6:00 PM EST | Source: TrustBIX Inc.Edmonton, Alberta--(Newsfile Corp. - November 25, 2025) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") is pleased to announce that further to its press releases dated October 3, 2025 and November 7, 2025, the Company has received final acceptance from the TSX Venture Exchange for the acquisition of an Indoor Farm Management System ...
TrustBIX Inc. Enters into Agreement to Purchase Indoor Farm Management System Asset and Announces Board and Management Change
Newsfile· 2025-10-03 13:15
Core Viewpoint - TrustBIX Inc. has entered into an agreement to acquire an Indoor Farm Management System asset from Mindsgate Ltd., which is expected to enhance its indoor farming technology solutions [2][3]. Group 1: Proposed Transaction - The acquisition involves TrustBIX purchasing the Indoor Farm Management System (IFMS) asset in exchange for issuing 6,000,000 units, each consisting of one common share and one warrant [4]. - Each warrant allows the holder to purchase one common share at a price of $0.08 for two years from the closing date [4]. - The transaction is subject to various conditions, including obtaining necessary consents and regulatory approvals, particularly from the TSX Venture Exchange [5]. Group 2: Board and Management Change - Mr. Adam Morand has resigned from his position on the Board of Directors and as Chief Technology Officer, effective October 3, 2025 [6].