Ce tai admi ist ative items emai to be completed p io to the fi st day of t adi g, i cludi g payme t of the bala ce of the Nasdaq e t y fee a d the fili g of the Nasdaq ce tificatio . The comme ceme t of t adi g o Nasdaq emai s subject to the completio of those items a d to the Compa y co ti ui g to satisfy all applicable Nasdaq listi g equi eme ts. No assu a ce ca be p ovided that t adi g will comme ce o August 17, 2026 o at all.
“This is a defi i g mome t fo NuRAN,” said F a cis Létou eau, Di ecto a d Chief Executive Office of NuRAN Wi eless. “Listi g o Nasdaq ope s ou sto y to the deepest capital ma ket i the wo ld a d to i vesto s who u de sta d that co ecti g u de se ved commu ities ac oss Af ica is both a p ofou d social impe ative a d a compelli g comme cial oppo tu ity. We have built a eal ope ati g busi ess, met igo ous Ca adia disclosu e sta da ds a d eached a majo egulato y milesto e o the path to a U.S. listi g. I wa t to tha k ou sha eholde s, ou pa t e s a d ou team fo thei patie ce a d thei co victio .”
Fu the to the Compa y’s ews eleases dated August 4, 2026 a d August 6, 2026, the completio of the Compa y’s C$7,600,000 p ivate placeme t of Se ies A co ve tible p efe ed sha es (the “
Followi g eceipt of the Nasdaq app oval lette , the lead i vesto has co fi med that the co ditio is satisfied a d has, to the exte t equi ed, waived that co ditio a d the equi eme t that t adi g o Nasdaq have comme ced p io to closi g. The lead i vesto has also waived, o behalf of all holde s of Se ies A co ve tible p efe ed sha es, a y eve t of default u de the te ms of those sha es a isi g f om t adi g o Nasdaq comme ci g afte August 14, 2026.
Acco di gly, the Compa y expects to complete the Fi a ci g o F iday, August 14, 2026, p io to the comme ceme t of t adi g o Nasdaq. The Compa y will issue a fu the ews elease upo closi g.
NuRAN Wi eless (CSE:NUR)(OTC Pi k:NRRWF)(FSE:1RN) is a fast-g owi g, missio -d ive u al telecommu icatio s compa y dedicated to delive i g affo dable 2G, 3G, a d 4G wi eless co ectivity to emote a d u de se ved commu ities wo ldwide. Th ough its scalable Netwo k-as-a-Se vice (NaaS) model, NuRAN has deployed etwo ks se vi g mo e tha o e billio people who lack eliable co ectivity, d ivi g eco omic developme t, digital i clusio , a d social t a sfo matio ac oss Af ica a d beyo d. B idgi g the Digital Divide, O e Co ectio at a Time.
Fo fu the i fo matio about NuRAN Wi eless: www. u a wi eless.com
F a cis Létou eau,Di ecto a d CEO
This ews elease co tai s fo wa d-looki g stateme ts a d fo wa d-looki g i fo matio withi the mea i g of applicable Ca adia a d U ited States secu ities legislatio (collectively, “fo wa d-looki g stateme ts”). Fo wa d-looki g stateme ts a e ofte , but ot always, ide tified by the use of wo ds such as “a ticipates,” “expects,” “i te ds,” “pla s,” “believes,” “seeks,” “estimates,” “p ojects,” “will,” “may,” “would,” “could,” “should” a d simila exp essio s. All stateme ts othe tha stateme ts of histo ical fact a e fo wa d-looki g stateme ts.
Fo wa d-looki g stateme ts i this ews elease i clude, without limitatio , stateme ts ega di g: (i) the a ticipated comme ceme t of t adi g of the commo sha es o The Nasdaq Capital Ma ket o August 17, 2026; (ii) the a ticipated completio of the Fi a ci g o August 14, 2026 a d the timi g the eof; (iii) the agg egate size of the Fi a ci g, the umbe of p efe ed sha es a d wa a ts to be issued, the allocatio of the subsc iptio amou t betwee cash a d the settleme t of i debted ess a d accou ts payable, a d the umbe of commo sha es issuable o co ve sio ; (iv) the expectatio that the Fi a ci g will educe the Compa y’s liabilities a d i c ease its sha eholde s’ equity by app oximately C$7,600,000; (v) the completio of the admi ist ative items equi ed p io to the fi st day of t adi g, i cludi g payme t of the bala ce of the Nasdaq e t y fee a d the fili g of the Nasdaq ce tificatio ; (vi) the co ti ued listi g of the commo sha es o the CSE, OTC Ma kets a d the F a kfu t Stock Excha ge; a d (vii) the Compa y’s busi ess st ategy, g owth objectives a d ability to expa d its NaaS ope atio s ac oss Af ica.
Fo wa d-looki g stateme ts a e based o the beliefs, expectatio s a d opi io s of ma ageme t as of the date of this ews elease a d o a umbe of assumptio s, i cludi g that the Fi a ci g will close o August 14, 2026 o the te ms desc ibed he ei ; that all subsc ibe s will fu d a d complete thei subsc iptio s; that the admi ist ative items equi ed by Nasdaq p io to the fi st day of t adi g will be completed i time; that Nasdaq will ot withd aw its app oval; that the Compa y will co ti ue to satisfy all applicable Nasdaq i itial a d co ti ued listi g equi eme ts; a d that ge e al eco omic, ma ket a d busi ess co ditio s will ot dete io ate.
Fo wa d-looki g stateme ts a e subject to k ow a d u k ow isks, u ce tai ties a d othe facto s that may cause actual esults to diffe mate ially, i cludi g, without limitatio : (i) the isk that t adi g o Nasdaq does ot comme ce o August 17, 2026 o at all; (ii) the isk that Nasdaq withd aws o modifies its app oval, i cludi g u de Nasdaq Rule 5205(e), if a y i fo matio p eviously p ovided to Nasdaq becomes i accu ate o if the e is a mate ial cha ge to such i fo matio ; (iii) the isk that the Fi a ci g is ot completed o the te ms desc ibed he ei , o at all, i cludi g as a esult of the failu e to satisfy o obtai a waive of a y co ditio of closi g; (iv) the isk that the amou t of i debted ess a d accou ts payable actually settled, a d the efo e the cash p oceeds eceived by the Compa y a d the umbe of p efe ed sha es a d wa a ts issued, diffe f om the amou ts desc ibed he ei ; (v) the isk that the Compa y does ot satisfy the co ti ued listi g equi eme ts of Nasdaq o the CSE; (vi) dilutio to holde s of commo sha es a isi g f om the co ve sio of the p efe ed sha es, the acc ual of paid-i -ki d divide ds the eo a d the exe cise of the wa a ts; (vii) the isk that the Compa y equi es additio al fi a ci g followi g completio of the Fi a ci g a d that such fi a ci g is ot available o acceptable te ms o at all; (viii) isks elati g to the Compa y’s ability to co ti ue to deploy a d ope ate etwo k i f ast uctu e i multiple Af ica ju isdictio s, i cludi g egulato y, political, cu e cy, cou te pa ty a d ope atio al isks; a d (ix) ge e al eco omic, ma ket a d busi ess co ditio s.
Although the Compa y believes that the assumptio s u de lyi g the fo wa d-looki g stateme ts a e easo able, u due elia ce should ot be placed o fo wa d-looki g stateme ts, which a e i he e tly u ce tai a d a e based o i fo matio available to ma ageme t as of the date he eof. The fo wa d-looki g stateme ts co tai ed i this ews elease a e exp essly qualified i thei e ti ety by this cautio a y stateme t. The Compa y does ot u de take a y obligatio to update publicly o evise a y fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o othe wise, except as equi ed by applicable secu ities laws.
Neithe Nasdaq, the CSE, o a y secu ities egulato y autho ity has app oved o disapp oved of the co te ts of this p ess elease.
