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GEEKCO CLOSES A SHARES FOR DEBT

Newswire.ca - Mon May 25, 4:00PM CDT

MONTRÉAL, May 25, 2026 /CNW/ - Geekco Technologies Corporation (the "Corporation" or "Geekco") (TSXV: GKO) is pleased to announce the closing as of today of the settlement into 16,247,733 Common Shares at a price of $0.12 each of the outstanding principal amounts of its convertible debentures for $1,720,000 held by eleven creditors and their respective accrued and unpaid interests until May 6, 2026 (the "Meeting Date") which amounted to $229,728.77, for an aggregate amount of $1,949,728.77 (the "SFD"). Each issued Common Share is subject to a four-month and one-day resale restriction period from the closing of the SFD. The SFD, previously announced on April 7 and May 6, 2026, is subject to the final approval of the TSX Venture Exchange (the "TSXV") and any other applicable regulatory approvals.

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