Welcome to our dedicated page for Trustbix news (Ticker: TBIXF), a resource for investors and traders seeking the latest updates and insights on Trustbix stock.
TrustBIX Inc. (TBIXF) news covers the company’s activities as an agricultural technology business focused on its Gate to Plate® solutions. Investors and industry followers can use this page to review announcements about software development, asset acquisitions, capital raises, and corporate governance decisions that shape the company’s direction in the agri-food technology space.
Recent TrustBIX disclosures highlight the acquisition of an Indoor Farm Management System (IFMS) asset from Mindsgate Ltd., described as a fully integrated, production-ready platform for indoor farming. News items detail how this IFMS includes modules for farm operations, IoT device management, AI-driven plant recognition, traceability, CRM, operator training, order management, and resource tracking, and how TrustBIX plans to position it as an ERP-grade solution within its Gate to Plate® framework.
Company updates also address a strategic shift away from the existing Auction Master Pro (AMP) business toward a model centered on developing and licensing technology through strategic partners and pursuing SaaS revenue. Articles discuss the assignment of AMP support contracts to I.T. Group, the planned development of a modern livestock auction market software solution, and integration of that solution with the IFMS under the TrustBIX G2P platform.
In addition, TrustBIX news includes information on non-brokered private placements, stock option grants, and board and management changes, such as appointments to Chair of the Board and Chair of the Audit Committee and the results of the annual general meeting. For readers tracking TBIXF, this page aggregates these releases so they can follow how TrustBIX finances its operations, evolves its product focus, and manages corporate oversight.
Bookmark this page to access a consolidated view of TrustBIX Inc. news, from technology platform developments to financing transactions and governance updates related to its role in agricultural technology.
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.
TrustBIX Inc. (TSXV: TBIX) has announced a new stock option grant approved by its Board of Directors. The company will issue options to purchase up to 4,120,000 common shares to its directors, officers, employees and consultants. The options have an exercise price of $0.05 per common share, with a three-year expiration period. The vesting schedule is structured in three equal portions: one-third vesting immediately upon grant, another third on the first anniversary, and the final third on the second anniversary.
TrustBIX Inc. (TSXV: TBIX) has announced that its subsidiary, Alberta Food Security Inc. (AFS), has entered into a cause marketing agreement with the University Hospital Foundation. Through this initiative, AFS will donate $1,000 from each indoor farm grow module sale to the Foundation's Igniters program.
The partnership allows AFS customers to support both local food security and healthcare advancements by purchasing indoor farming technology modules that enable sustainable, local produce production. The Igniters program focuses on advancing healthcare through innovation and philanthropy.
TrustBIX Inc. (TSXV: TBIX) has reported its financial results for Q1 ended December 31, 2024, showing significant improvements across key metrics compared to the same period in 2023:
- Net loss decreased by 28.6% to $186,233 (vs $260,953)
- Revenue increased by 22.8% to $361,821 (vs $294,554)
- Operating expenses reduced by 5.9% to $495,101 (vs $525,865)
- Cash used in operations improved by 31.2% to $60,606 (vs $88,066)
The company's Alberta Food Security marketing events have gained positive reception, helping expand awareness of TrustBIX's role in North American food security, sustainability, and transparency within the indoor vertical farming sector.
TrustBIX Inc. (TSXV: TBIX) has released its financial results for the fiscal year ended September 30, 2024. The company demonstrated significant improvement in its financial performance through operational streamlining and expense reduction:
Key financial highlights include:
- Net loss decreased by 76.9% to $710,765 (from $3,073,808 in 2023)
- Cash used in operations improved by 83.8% to $103,396 (from $639,944 in 2023)
- Revenue declined by 25.9% to $1,577,985 (from $2,128,401 in 2023)
- Operating expenses reduced by 51.3% to $2,161,181 (from $4,435,699 in 2023)
The company's subsidiary, Alberta Food Security, secured over $5,000,000 in contracts for indoor farming technology, though manufacturing challenges have delayed delivery and revenue recognition to 2025.
TrustBIX Inc. (TSXV: TBIX) has completed the second and final tranche of its non-brokered private placement, issuing 1,550,000 common shares at $0.02 per share for gross proceeds of $31,000. Combined with the first tranche, the company has raised total gross proceeds of $86,800 through the issuance of 4,340,000 common shares.
A director and officer participated in the placement, acquiring 640,000 shares for $12,800. This insider participation was deemed exempt from formal valuation and minority shareholder approval requirements. The shares are subject to a four-month and one-day hold period, and no finder's fees were paid. The proceeds will be used for ongoing working capital.