Business
TrustBIX Updates on Key Transactions for Indoor Farming Systems
TrustBIX Inc. has announced significant developments regarding its acquisition of an Indoor Farm Management System (IFMS) asset and the transfer of support services for its Auction Master Pro (AMP) contracts. Both transactions are pivotal as the company aims to enhance its agricultural technology offerings and streamline its operations.
Details of the Transactions
The IFMS asset is being acquired from Mindsgate Ltd., a move first disclosed on October 3, 2025. This acquisition is designed to bolster TrustBIX’s capabilities in providing advanced farming solutions. In addition, the company is transferring support contracts for the AMP system, previously held by its wholly owned subsidiary ViewTrak Technologies Inc., to Cristel Baber, who operates as I.T. Group. This transaction was initially announced on October 10, 2025.
Both transactions require the approval of the TSX Venture Exchange (TSXV). TrustBIX has so far received conditional acceptance for the IFMS acquisition and is actively working to meet the remaining requirements for final approval. The company anticipates that this transaction will close by the end of November 2025, subject to the review process.
The AMP transaction is currently pending conditional acceptance from the TSXV. TrustBIX is committed to providing regular updates on these transactions as mandated by Section 3.5 of TSXV Policy 3.3, underscoring its dedication to transparency in corporate governance.
About TrustBIX and Future Outlook
Based in Edmonton, Alberta, TrustBIX is recognized for its innovative agricultural technology solutions, offering Gate to Plate® services aimed at fostering trust, reducing waste, and incentivizing sustainable practices within the agri-food sector. The company’s technologies are utilized by various local and international organizations, reflecting its growing influence in the industry.
TrustBIX emphasizes that this update contains forward-looking statements that may involve risks and uncertainties impacting the actual outcomes of the transactions. The company urges stakeholders to exercise caution when relying on these projections, as numerous factors could lead to different results than anticipated.
For further inquiries, interested parties may contact Mr. Hubert Lau, President and CEO of TrustBIX, at +1 (780) 456-2207 or via email at [email protected].
Neither the TSX Venture Exchange nor its Regulation Services Provider assumes responsibility for the accuracy of this release.
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