Core Viewpoint - ProStar Holdings Inc. has increased its non-brokered private placement of secured convertible debentures from US$500,000 to US$675,000, aimed at supporting its operations and growth initiatives [1][6]. Group 1: Offering Details - The convertible debentures will carry an interest rate of 12.5% per annum and will mature 24 months after issuance [2]. - Each debenture can be converted into units at a price of US$0.10 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [2][3]. - The full warrant allows the holder to purchase one common share at US$0.14 for five years from the closing date of the offering [3]. Group 2: Trigger Events and Conversion - The principal amount of the convertible debentures will automatically convert into units if the company achieves US$2,000,000 in booked Annual Recurring Revenue (ARR) in 2026 or US$2,500,000 in ARR in 2027 [4]. - Upon conversion or maturity, the company can settle accrued interest in cash or through the issuance of common shares, subject to TSX Venture Exchange approval [5]. Group 3: Security and Use of Proceeds - The convertible debentures will be secured by a first-ranking security interest over all present and future assets of the company [6]. - The net proceeds from the offering are intended for general corporate purposes [6]. Group 4: Related Party Participation - Certain directors of the company plan to participate in the offering, which is classified as a related party transaction under Multilateral Instrument 61-101 [8]. Group 5: Company Overview - ProStar Geocorp specializes in geospatial intelligence technologies, aiming to set the global standard for mapping and managing critical infrastructure [9]. - The company's flagship products, PointMan and LinQD, enhance the accuracy and efficiency of infrastructure mapping and management [10]. - ProStar has a diverse customer base, including Fortune 500 companies and government entities, and has established strategic alliances with global technology leaders [11].

Core Viewpoint - ProStar Holdings Inc. is initiating a non-brokered private placement of secured convertible debentures amounting to up to US$500,000, aimed at enhancing its financial position and supporting corporate purposes [1][6]. Group 1: Offering Details - The convertible debentures will carry an interest rate of 12.5% per annum and will mature 24 months after issuance [2]. - Each debenture can be converted into units at a price of US$0.10 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [2][3]. - The full warrant allows the purchase of one common share at US$0.14 for five years from the closing date of the offering [3]. Group 2: Trigger Events and Conversion - The principal amount of the convertible debentures will automatically convert into units if the company achieves US$2,000,000 in booked Annual Recurring Revenue (ARR) in 2026 or US$2,500,000 in ARR in 2027 [4]. - Upon conversion or maturity, the company may settle accrued interest in cash or common shares, subject to TSX Venture Exchange approval [5]. Group 3: Security and Use of Proceeds - The convertible debentures will be secured by a first-ranking security interest over all present and after-acquired property and assets of the company [6]. - Proceeds from the offering are intended for general corporate purposes [6]. Group 4: Related Party Transaction - A director of the company plans to participate fully in the offering, which is classified as a related party transaction under Multilateral Instrument 61-101 [8]. Group 5: Company Overview - ProStar Geocorp specializes in geospatial intelligence technologies, aiming to set a global standard for mapping and managing critical infrastructure [9]. - The company offers a Software-as-a-Service (SaaS) solution and an enterprise integration platform, enhancing the management of critical infrastructure assets [10]. - ProStar's customer base includes Fortune 500 companies, construction firms, utilities, and government departments, supported by strategic alliances with global technology leaders [11].

Core Insights - ProStar Holdings Inc. has formed a strategic alliance with Premium Positioning to enhance high-precision positioning services across multiple regions including Europe, Latin America, North America, and Australia [1][2][3] Group 1: Partnership Details - The alliance integrates Premium Positioning's RTK Premium multi-network service with ProStar's PointMan and LinQD platforms, creating a unified precision mapping and data exchange ecosystem for the infrastructure and utility sectors [2][3] - This partnership aims to provide real-time, high-accuracy location intelligence, facilitating seamless data capture, mapping, and visualization for critical infrastructure [2][3] Group 2: Company Profiles - Premium Positioning is recognized for delivering high-precision GNSS correction services through its RTK Premium platform, which operates across Europe, North America, and Australia, ensuring centimeter-accurate positioning [4][5] - ProStar Geocorp is a leading provider of geospatial intelligence technologies, focusing on mapping and managing critical infrastructure through its SaaS solutions and enterprise integration platform [6][7] Group 3: Strategic Goals - The integration of Premium Positioning's technology into ProStar's platform is expected to expand ProStar's global reach and enhance its ability to deliver precision mapping solutions [3][8] - The partnership aligns with ProStar's mission to create a digitally connected platform that improves the installation and management of critical infrastructure [3][6]

Core Insights - ProStar Holdings Inc. has formed a global distribution partnership with Bad Elf, LLC to bundle ProStar's PointMan software with Bad Elf's high-precision GNSS receivers for worldwide sales [1][2][3] Company Overview - ProStar is a leading provider of geospatial intelligence technologies, aiming to become the global standard for mapping and managing critical infrastructure [6] - The company's flagship products, PointMan and LinQD, enhance infrastructure mapping and management by providing accurate, accessible, and connected solutions [7] - ProStar has a growing global customer base that includes Fortune 500 corporations, leading construction and engineering firms, utilities, municipalities, and U.S. Departments of Transportation [8] - The company holds an extensive intellectual property portfolio with 16 issued patents in the United States and Canada, reinforcing its leadership in precision mapping technologies [9] Partnership Details - The partnership with Bad Elf addresses the increasing demand for complete mapping solutions in the utility and critical infrastructure sectors [2] - By combining Bad Elf's advanced GNSS receivers with ProStar's precision mapping solution, the collaboration aims to provide a cost-effective and comprehensive mapping solution for utility owners, contractors, municipalities, and engineering firms [2][3] - This collaboration is expected to broaden ProStar's reach to tens of thousands of potential customers through a global distribution network [4]