Trustbix Stock Price, News & Analysis

TrustBIX (TSXV: TBIXF) provided updates on two previously announced transactions: the acquisition of an Indoor Farm Management System (IFMS) asset from Mindsgate and the assignment of Auction Master Pro (AMP) support contracts from ViewTrak Technologies to Cristel Baber DBA I.T. Group.

The company received conditional acceptance from the TSX Venture Exchange for the IFMS Transaction and is working to satisfy remaining TSXV Policy 5.3 conditions to obtain final acceptance. Subject to TSXV review, TrustBIX anticipates the IFMS Transaction should close by end of November 2025. The AMP Transaction has been submitted and is awaiting conditional acceptance.

TrustBIX (OTC:TBIXF) is shifting its technology strategy to develop a unified Gate to Plate (G2P) platform that will integrate a newly acquired Indoor Farm Management System (IFMS) into a modern livestock auction market software. The company dated an agreement on October 10, 2025 to transfer Auction Master Pro (AMP) support contracts to Cristel Baber DBA I.T. Group, with existing customers kept on service at no additional cost for their current term.

AMP recurring and one-time revenue was approximately $1.1 million in each fiscal year ended September 30, 2024 and 2025. TrustBIX expects to offset reduced AMP revenue via indoor farming orders/contracts totaling over $5 million, with revenue recognized on delivery. The transfer remains subject to TSXV approval and customary closing conditions.

TrustBIX (OTC:TBIXF) signed an asset purchase agreement dated October 3, 2025 to acquire an Indoor Farm Management System (IFMS) from Mindsgate Ltd. The IFMS is described as a production-ready, ERP-grade platform with modules for operations, IoT device management, AI plant recognition, traceability, CRM, training, order management, and resource tracking.

Consideration for the Proposed Transaction is 6,000,000 units, each unit consisting of one common share and one warrant exercisable at $0.08 for two years. All securities will be subject to a statutory four-month plus one-day hold. Closing is conditional on customary consents and TSXV approval. No finder’s fee expected. CTO Adam Morand resigned effective October 3, 2025.

TrustBIX Inc. (TSXV: TBIX) has successfully closed its previously announced non-brokered private placement, raising $400,000 through the issuance of 10,000,000 units at $0.04 per unit.

Each unit consists of one common share and one warrant, with warrants exercisable at $0.08 per share for a two-year period. The company has an acceleration right if shares trade at or above $0.12 for 20 consecutive trading days. The proceeds will be used for general working capital, including inventory acquisition to support operations. The securities are subject to a four-month hold period, and no finder's fees were paid.

TrustBIX Inc. (TSXV: TBIX) released its Q3 2025 financial results, reporting a significant increase in net loss to $255,984 compared to $9,773 in Q3 2024. Revenue declined 40.8% to $324,545, while operating expenses increased slightly by 3.9% to $547,111.

For the nine-month period, the company reported revenue of $1,021,778, down 13.8% year-over-year, while operating expenses improved by 8.6%. Despite revenue challenges, cash management showed improvement with operating activities providing $31,780 in Q3, a 70.5% increase from 2024.

CEO Hubert Lau highlighted progress in cost management and noted that while ViewTrak revenue decreased, the Alberta Food Security team secured new indoor farming technology orders, with initial deliveries beginning in June 2025.

TrustBIX (TSXV: TBIX) has received approval from the TSX Venture Exchange to extend its previously announced non-brokered private placement deadline to September 2nd, 2025. The offering consists of up to 10 million units at $0.04 per unit, aiming to raise gross proceeds of up to $400,000.

Each unit comprises one common share and one warrant, with each warrant allowing the purchase of one common share at $0.08 for two years. The company includes an acceleration clause if shares trade at or above $0.12 for 20 consecutive trading days. Proceeds will support general working capital and inventory acquisition for ongoing operations.

TrustBIX Inc. (TSXV: TBIX) has announced key changes to its Board leadership. Nathaniel M. Mison has been appointed as the new Chair of the Board, succeeding Edward (Ted) Power who served since September 2019. Additionally, Lap Shing (Andrew) Kao has been named Chair of the Audit Committee.

Mison, who joined as an independent director in April 2023, is a Founding Partner of Diplomat Consulting and brings significant experience in regulatory frameworks and public affairs. Kao, serving as a director since November 2020, brings over 20 years of auditing and accounting expertise and currently serves as CFO of Hanbo Enterprises Limited.

TrustBIX Inc. (TSXV: TBIX) held its Annual General Meeting on July 17, 2025, where shareholders approved all proposed matters. The meeting resulted in the election of five directors: Hubert Lau, Edward Power, Lap Shing Kao, Nathaniel Mison, and Adam Morand. Shareholders also approved the re-appointment of Kenway Mack Slusarchuk Stewart LLP as the company's auditors.

Following the formal proceedings, shareholders received a corporate presentation. Management expressed gratitude to shareholders for their participation and continued support.

TrustBIX Inc. (TSXV: TBIX) has announced a non-brokered private placement offering of up to 10 million units at $0.04 per unit, aiming to raise gross proceeds of up to $400,000. Each unit consists of one common share and one warrant, with each warrant exercisable at $0.08 per share for two years.

The company included an acceleration clause that triggers if the stock price stays at or above $0.12 for 20 consecutive trading days. The proceeds will support general working capital needs, particularly for inventory acquisition. The securities will have a 4-month and 1-day hold period, and will be sold under NI 45-106 exemptions.