TrustBIX Completes Acquisition of Advanced Indoor Farming System

TrustBIX Inc. has secured final acceptance from the TSX Venture Exchange for its acquisition of an Indoor Farm Management System (IFMS) asset from Mindsgate Ltd. This transaction was announced on November 25, 2025, following earlier press releases dated October 3 and November 7, 2025.

The IFMS is a comprehensive, production-ready platform designed specifically for indoor farming. It integrates multiple modules that enhance farm operations, including Internet of Things (IoT) device management, AI-driven plant recognition, traceability, client relationship management (CRM), operator training, order management, and resource tracking. Together, these components create an Enterprise Resource Planning (ERP) solution tailored to meet the unique demands of indoor agriculture.

Under the terms of the asset purchase agreement, TrustBIX will issue 6,000,000 units to Mindsgate Ltd. in exchange for the IFMS asset. Each unit is valued at a deemed price of $0.035 and consists of one common share and one purchase warrant. The purchase warrant allows the holder to buy an additional common share at a price of $0.08 for a period of two years following the transaction’s closing date.

All securities issued in connection with this transaction will be subject to a statutory hold period of four months and one day, in accordance with Canadian securities laws. This precaution is standard practice and aims to protect both the company and its investors.

TrustBIX is an agricultural technology firm based in Edmonton, Alberta. The company focuses on providing innovative solutions that promote sustainability in the agri-food sector. Their Gate to Plate® technology is designed to reduce waste and enhance trust in food systems.

In a statement, Hubert Lau, President and CEO of TrustBIX, emphasized the importance of this acquisition. He noted that the enhanced capabilities of the IFMS will position TrustBIX as a leader in the indoor farming sector.

Looking ahead, TrustBIX’s management acknowledges that the acquisition may carry some risks and uncertainties. The company warns that actual future results could differ significantly from its projections due to various factors.

While the acquisition marks a significant step for TrustBIX in expanding its technological offerings, the company remains committed to providing transparent updates as it navigates the evolving landscape of agricultural technology.

For further information, stakeholders and interested parties can contact Mr. Hubert Lau directly at the company’s office.

This acquisition not only enhances TrustBIX’s service offerings but also reflects the growing demand for innovative solutions in the indoor farming industry, where efficiency and sustainability are paramount. The company continues to explore avenues that align with its mission of fostering trust and sustainability in food production processes.