MONTRÉAL, Jan. 21, 2026 /CNW/ - Geekco Technologies Corporation (the "Corporation" or "Geekco") (TSX-V: GKO) is pleased to announce that it has closed as of January 20, 2026 the first tranche of a non-brokered private placement (the "Private Placement"). Under the first tranche of Private Placement, the Corporation issued 10,000,000 units (the "Units" or each a "Unit") at a price of $0.05 per Unit for aggregate gross proceeds of $500,000 out of a maximum of $1,000,000 (or 20,000,000 Units). Each Unit consists of one (1) Class A share of the share capital of the Corporation (each a "Common Share") and one (1) warrant (each a "Warrant"). Each Warrant entitles the holder to acquire one (1) additional Common Share at the revised price of $0.05 for a period of three (3) years from the date of issuance.
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