BeWhere Holdings Inc. Announces Grant of Options to Certain Directors

Rhea-AI Summary

BeWhere Holdings (OTCQB: BEWFF), a Mobile Internet of Things (M-IoT) company, has announced the grant of stock options to certain directors. The company has issued options to purchase a total of 550,000 Common Shares at an exercise price of $0.76 per share. These options will expire on July 16, 2030, and will vest quarterly over a two-year period.

Toronto, Ontario--(Newsfile Corp. - August 1, 2025) - BeWhere (TSXV: BEW) (OTCQB: BEWFF) ("BeWhere" or the "Company"), a leading Mobile Internet of Things (M-IoT) company, announces that it has granted to certain directors options to purchase in the aggregate 550,000 Common Shares at an exercise price of $0.76 per share, which options will expire on July 16, 2030, and vest quarterly over two years.

About BeWhere

BeWhere (TSXV: BEW) (OTCQB: BEWFF) specializes in low-power 5G IoT wide-area tracking technology, creating remote monitoring solutions that address cost, power, and environmental challenges. In just 6 years, the company has experienced rapid growth, collaborating with Fortune 500 companies, top resellers and installers to deploy hundreds of thousands of trackers across numerous sectors, including transportation, construction, logistics, utilities, health, and government.

BeWhere's tracking solutions are designed to be both cost-effective and simple to implement, significantly expanding the scope of assets that can be connected. These connected devices generate data that powers intelligent AI management platforms. By increasing the number of connected devices, BeWhere enhances the capabilities and growth potential of AI solutions.

Follow BeWhere on LinkedIn, Facebook, and YouTube.

CONTACT INFORMATION
BeWhere Inc.
Margaux Berry, Chief Strategy Officer
1 (844) 229-4373 x 107
IR@bewhere.com

Cautionary Statements Regarding Forward-Looking Information

Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance, are "forward-looking statements."

We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.

Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

BeWhere Holdings Inc. (the "Company") does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company's historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.

The Company's audited Consolidated Financial Statements for the period ended March 31, 2025 and 2024, together with its corresponding Management's discussion and analysis can be found under the Company's profile on SEDAR at www.sedarplus.ca and on the Company's website at www.bewhere.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (as that term is defined in the Policies of the TSX Venture Exchange) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261031

FAQ

How many stock options did BeWhere Holdings (BEWFF) grant to directors in August 2025?

BeWhere Holdings granted options to purchase 550,000 Common Shares to certain directors.

What is the exercise price for BeWhere Holdings' (BEWFF) stock options granted in August 2025?

The exercise price for the stock options is $0.76 per share.

When do BeWhere Holdings' (BEWFF) newly granted stock options expire?

The stock options will expire on July 16, 2030.

What is the vesting schedule for BeWhere Holdings' (BEWFF) August 2025 stock options?

The stock options will vest quarterly over a two-year period.