MONTRÉAL, April 1, 2026 /CNW/ - Geekco Technologies Corporation (the "Corporation" or "Geekco") (TSXV: GKO) announces that it has agreed with Mario Beaulieu, its director and Chief Executive Officer, to initiate steps toward settling a portion of its unpaid net compensation for his employment as officer of Geecko for an aggregate amount of $20,112.52 into 402,250 Class A share of the share capital of the Corporation (each a "Common Share") at a price per share of $0.05 each (the "Mario SFD"). In this manner, Geekco intends to preserve cash and strengthen Geekco's balance sheet. Each issued Common Share will be subject to a four-month and one-day resale restriction period from the closing date of the Mario SFD under the applicable securities laws. The Mario SFD is subject to the approval of the TSX Venture Exchange (the "TSXV") and any other applicable regulatory approvals.
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GEEKCO ANNOUNCES A PROPOSED SHARES FOR DEBT
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