# TTGI Technologies > Investing in Next-Generation Network Technologies Language: en URL: https://ttgi.io/ All pages on this site are available as clean Markdown by adding the header `Accept: text/markdown` to any HTTP request. REST API: https://ttgi.io/wp-json/mescio-for-agents/v1/markdown?url={page_url} ## Pages - [Home](https://ttgi.io/) - [Our Company](https://ttgi.io/our-company/) - [Our Team](https://ttgi.io/our-team/) - [Portfolio](https://ttgi.io/portfolio/) - [Investors](https://ttgi.io/investors/) - [Press Releases](https://ttgi.io/press-releases/) - [Contact](https://ttgi.io/contact/) - [TY: Contact](https://ttgi.io/contact/thanks/) - [Investor Relations-old](https://ttgi.io/investor-relations-old/) - [Order Request](https://ttgi.io/order-request/) - [Investor Relations](https://ttgi.io/investor-relations/): Cloud computing: This segment is forecast to grow from $626 billion in 2023 to $1.27 trillion by 2028, at a compound annual growth rate (CAGR) of 15.1% (MarketsandMarkets). Forrester’s "Public Cloud Market Outlook, 2022 to 2026" report forecasts public cloud - [Careers](https://ttgi.io/careers/): Flexible working hours and location Competitive industry compensation Health benefits Employee stock options Solving challenging and cool problems in a fast-growing sector of the networking business Flexible working hours and location Competitive industry compensation Health benefits Employee stock options Solving - [Post a Job](https://ttgi.io/post-a-job/) - [Job Dashboard](https://ttgi.io/job-dashboard/) - [Blog](https://ttgi.io/blog/) ## Blog Posts - [TTGI Subsidiary Insentra Secures Third Consecutive Managed Services Renewal with an IBEX 35-Listed Global Infrastructure Group](https://ttgi.io/ttgi-subsidiary-insentra-secures-third-consecutive-managed-services-renewal-with-an-ibex-35-listed-global-infrastructure-group/) (2026-06-10): Download Full Press Release (PDF)   24-month renewal includes expanded Digital Employee Experience capability, reflecting sustained managed services retention with a globally-operating infrastructure enterprise active across Australia, the United Kingdom, and the United States   June 10, 2026 – Vancouver, - [TTGI Subsidiary Claratti Expands CrewMate Lite Deployment to 69 Units Across Australia in Partnership with Seafarer Connect and the Tas Bull Seafarers Foundation](https://ttgi.io/ttgi-subsidiary-claratti-expands-crewmate-lite-deployment-to-69-units-across-australia-in-partnership-with-seafarer-connect-and-the-tas-bull-seafarers-foundation/) (2026-06-01): Download Full Press Release (PDF)   Claratti’s CrewMate Lite solution grows from 51 to 69 units nationwide, supporting seafarers visiting Australian ports   June 1, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or - [ISO Certifications of TTGI Subsidiaries Claratti and Insentra Reinforce Commitment to Information Security and Operational Excellence](https://ttgi.io/iso-certifications-of-ttgi-subsidiaries-claratti-and-insentra-reinforce-commitment-to-information-security-and-operational-excellence/) (2026-05-21): Download Full Press Release (PDF)   Claratti (ISO Certified 27001: 2022) and Insentra (ISO Certified 27001: 2022 & 27701: 2019) support operational maturity, strengthen enterprise governance and reinforce TTGI’s security, privacy and compliance framework   May 21, 2026 – Vancouver, - [Turnium Technology Group Reports 276% YoY Revenue Growth for Fiscal Q2 2026](https://ttgi.io/turnium-technology-group-reports-276-yoy-revenue-growth-for-fiscal-q2-2026/) (2026-05-14): Download Full Press Release (PDF) 2026 - Q2 Financial Statements (PDF) 2026 - Q2 MD&A (PDF)   Highlights: Q2 Revenue of $6.44M, up 327.2% QoQ and up 275.9% YoY; Q2 Gross Margin of $2.17M, up 107.1% QoQ and up 80.2% - [TTGI Insentra Subsidiary Secures Strategic Multi-Phase Enterprise AI Engagement with U.S. Advanced Manufacturing Client](https://ttgi.io/ttgi-insentra-subsidiary-secures-strategic-multi-phase-enterprise-ai-engagement-with-u-s-advanced-manufacturing-client/) (2026-05-04): Download Full Press Release (PDF)   Multi-phase AI adoption program spans workforce enablement, enterprise agent development, and AI governance for a high-growth U.S. advanced manufacturing organization   May 4, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) - [Turnium Engages Global MSP Ecosystem at TAG 2026 Conference](https://ttgi.io/turnium-engages-global-msp-ecosystem-at-tag-2026-conference/) (2026-04-30): Download Full Press Release (PDF)   Strengthening Channel Relationships and Expanding North American Market Presence   April 30, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service - [TTGI Announces Preliminary Second Quarter Results with Revenue up 140%](https://ttgi.io/ttgi-announces-preliminary-second-quarter-results-with-revenue-up-140/) (2026-04-28): Download Full Press Release (PDF)   April 28, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce - [TTGI Subsidiary Secures Microsoft 365 Governance and Data Transformation Engagement with U.S. Enterprise Customer](https://ttgi.io/ttgi-subsidiary-secures-microsoft-365-governance-and-data-transformation-engagement-with-u-s-enterprise-customer/) (2026-04-27): Download Full Press Release (PDF)   Engagement supports information architecture, compliance, and pilot deployment across Microsoft 365   April 27, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider - [Turnium Technology Group Announces Closing of Shares-for-Debt Transaction](https://ttgi.io/turnium-technology-group-announces-closing-of-shares-for-debt-transaction/) (2026-04-22): April 22, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce that, further to the Company's news - [TTGI Subsidiary Insentra Consultant Named to Inaugural IGEL Technology Professional Global Cohort](https://ttgi.io/ttgi-subsidiary-insentra-consultant-named-to-inaugural-igel-technology-professional-global-cohort/) (2026-04-20): Download Full Press Release (PDF)   Recognition highlights technical leadership within the IGEL ecosystem and reinforces Insentra’s role in supporting TTGI’s global partner-led services platform   April 20, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: - [TTGI Announces Non-brokered Private Placement](https://ttgi.io/ttgi-announces-non-brokered-private-placement/) (2026-03-31): Download Full Press Release (PDF)   March 31, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-only IT services, announces that it intends - [TTGI Establishes New Group-level Marketing Function and Appoints Vice President](https://ttgi.io/ttgi-establishes-new-group-level-marketing-function-and-appoints-vice-president/) (2026-03-26): Download Full Press Release (PDF)   Susanne King appointed to coordinate marketing and communications across TTGI and its subsidiaries.   March 26, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a - [TGI Positioned to Capture Growing Microsoft 365 Compliance Opportunity as Regulatory Pressure Increases Across Public Sector](https://ttgi.io/tgi-positioned-to-capture-growing-microsoft-365-compliance-opportunity-as-regulatory-pressure-increases-across-public-sector/) (2026-03-20): Download Full Press Release (PDF)   TTGI’s global TaaS strategy aligned to capitalize on the emerging Microsoft 365 compliance opportunity being driven by a “perfect storm” of AI adoption, regulatory enforcement, and platform consolidation, creating a multi-billion-dollar market where compliance - [TTGI Insentra Expands U.S. Partner Services as Demand Surges for Microsoft AI and Security Expertise](https://ttgi.io/ttgi-insentra-expands-u-s-partner-services-as-demand-surges-for-microsoft-ai-and-security-expertise/) (2026-03-18): Download Full Press Release (PDF)   Phoenix-based leadership outlines its vision for scaling partner growth and support across the U.S. under the TTGI platform   March 18, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) - [Turnium Technology Group Announces the Closing of the Sale of its TNET Division](https://ttgi.io/turnium-technology-group-announces-the-closing-of-the-sale-of-its-tnet-division/) (2026-03-18): Download Full Press Release (PDF)   March 18, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or “the Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce - [Turnium Technology Group Announces AGM Results](https://ttgi.io/turnium-technology-group-announces-agm-results/) (2026-03-17): Download Full Press Release (PDF)   March 17, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to report - [TTGI Provides a Corporate Update Post the Acquisition of Insentra](https://ttgi.io/ttgi-provides-a-corporate-update-post-the-acquisition-of-insentra/) (2026-03-16): Download Full Press Release (PDF)   Highlights: TTGI’s enhances its ability to deliver integrated solutions across its portfolio of companies, which now includes Turnium, Claratti, and Insentra, creating a more comprehensive Global Services Platform - supporting secure networking, cloud infrastructure, - [TTGI Subsidiary Insentra Recognized as IGEL Distributor of the Year Across UKI and APAC Regions](https://ttgi.io/ttgi-subsidiary-insentra-recognized-as-igel-distributor-of-the-year-across-uki-and-apac-regions/) (2026-03-10): Download Full Press Release (PDF)   IGEL’s award highlights the strength of Insentra’s solutions and the benefits to TTGI’s global partner ecosystem and services platform   March 10, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: - [Turnium Announces Execution of Asset Purchase Agreement for the Sale of its TNET Division](https://ttgi.io/turnium-announces-execution-of-asset-purchase-agreement-for-the-sale-of-its-tnet-division/) (2026-03-02): Download Full Press Release (PDF)   The divestiture allows TTGI to concentrate on executing our global, partner-led growth strategy and the next phase of its evolution following the closing of the Insentra acquisition   March 2, 2026 – Vancouver, Canada - [Turnium Technology Group Announces Closing of Acquisition of Assets of Insentra Management Services](https://ttgi.io/turnium-technology-group-announces-closing-of-acquisition-of-assets-of-insentra-management-services/) (2026-02-27): Download Full Press Release (PDF)   With the closing of the Transaction, Insentra is expected to provide increased revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team The acquisition continues Turnium’s transformation - [Turnium Technology Group Announces Fiscal First Quarter 2026 Financial Results](https://ttgi.io/turnium-technology-group-announces-fiscal-first-quarter-2026-financial-results/) (2026-02-26): Download Full Press Release (PDF) 2026 - Q1 Financial Statements (PDF) 2026 - Q1 MD&A (PDF)   Highlights: Turnium is awaiting final TSX Venture approval to close the Insentra asset acquisition – expected by the end of February 2026  TTGI - [Turnium Technology Group Announces Appointment of Software Industry Veteran Paul Pagliaro to the Board of Directors](https://ttgi.io/turnium-technology-group-announces-appointment-of-software-industry-veteran-paul-pagliaro-to-the-board-of-directors/) (2026-02-10): Download Full Press Release (PDF)   February 10, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce the - [Turnium Technology Group Announces Upcoming Annual General and Special Meeting, Debt Settlement Agreement and RSU Grant](https://ttgi.io/turnium-technology-group-announces-upcoming-annual-general-and-special-meeting-debt-settlement-agreement-and-rsu-grant/) (2026-02-09): Download Full Press Release (PDF)   February 9, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, announces that the Company's 2026 - [Turnium Announces Execution of Asset Purchase Agreement for the Acquisition of Assets of Insentra Management Services and Closing of Offering of Secured Debentures and Warrants](https://ttgi.io/turnium-announces-execution-of-asset-purchase-agreement-for-the-acquisition-of-assets-of-insentra-management-services-and-closing-of-offering-of-secured-debentures-and-warrants/) (2026-02-03): Download Full Press Release (PDF)   Following closing of the Transaction, Insentra is expected to provide increased revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team The acquisition continues Turnium’s transformation to - [Turnium Technology Group Inc. Reports Fiscal 2025 Audited Financial Results](https://ttgi.io/turnium-technology-group-inc-reports-fiscal-2025-audited-financial-results/) (2026-01-27): Download Full Press Release (PDF) 2025 – Q4 Financial Statements (PDF) 2025 – Q4 MD&A (PDF)   January 27, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in - [Turnium Technology Group Provides Annual General Meeting Update](https://ttgi.io/turnium-technology-group-provides-annual-general-meeting-update/) (2026-01-23): Download Full Press Release (PDF)   January 23, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, announces that it has postponed - [Turnium Provides Update on its Previously Announced Offering of Secured Debentures and Warrants](https://ttgi.io/turnium-provides-update-on-its-previously-announced-offering-of-secured-debentures-and-warrants/) (2026-01-22): Download Full Press Release (PDF)   January 22, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or the “Company"), a global Technology-as-a-Service (TaaS) wholesale provider, is pleased to announce that it has completed the - [Turnium Appoints Industry Veteran as VP of Global Strategy and Partnerships to Accelerate International Growth](https://ttgi.io/turnium-appoints-industry-veteran-as-vp-of-global-strategy-and-partnerships-to-accelerate-international-growth/) (2026-01-05): Download Full Press Release (PDF)   January 5, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce the - [Turnium Extends Exclusivity Period of Non-Binding Letter of Intent with Insentra](https://ttgi.io/turnium-extends-exclusivity-period-of-non-binding-letter-of-intent-with-insentra/) (2025-12-29): Download Full Press Release (PDF)   December 29, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, provides an update regarding its - [Turnium Technology Group Announces Offering of Secured Debentures and Warrants and Provides an Update on the Proposed Insentra Acquisition](https://ttgi.io/turnium-technology-group-announces-offering-of-secured-debentures-and-warrants-and-provides-an-update-on-the-proposed-insentra-acquisition/) (2025-12-22): Download Full Press Release (PDF)   December 22, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or the “Company"), a global Technology-as-a-Service (TaaS) wholesale provider, is pleased to announce a proposed offering (the “Offering”) of - [Turnium and Syntheia AI Commence Commercial Rollout of AI-Powered Communications Platform Across Partner Network](https://ttgi.io/turnium-and-syntheia-ai-commence-commercial-rollout-of-ai-powered-communications-platform-across-partner-network/) (2025-12-18): Download Full Press Release (PDF)   Collaboration achieves revenue-generating commercialization and scale deployment milestones December 18, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or "the Company"), a global Technology-as-a-Service (TaaS) wholesale provider, is - [Turnium’s Claratti Delivers CrewMate Connectivity Solution to Support Seafarers in Crisis](https://ttgi.io/turniums-claratti-delivers-crewmate-connectivity-solution-to-support-seafarers-in-crisis/) (2025-12-11): Download Full Press Release (PDF)   Independent Maritime Publisher Highlights CrewMate's Critical Role in Seafarer Welfare During Vessel Detention December 11, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or "the Company"), through its - [Turnium Technology Group Announces Extension of Loans](https://ttgi.io/turnium-technology-group-announces-extension-of-loans/) (2025-12-09): Download Full Press Release (PDF)   December 9, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or "the Company"), a global Technology as a Service (TaaS) wholesale provider, is pleased to announce that pursuant - [Turnium Technology Group Annual General Meeting Update](https://ttgi.io/turnium-technology-group-annual-general-meeting-update/) (2025-11-20): Download Full Press Release (PDF)   November 20, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or "the Company"), a global innovator in SD-WAN and connectivity solutions, announces that it has postponed its annual - [Turnium Technology Group Deploys Next-Generation SD-WAN Platform to 75% of OEM Partners](https://ttgi.io/turnium-technology-group-deploys-next-generation-sd-wan-platform-to-75-of-oem-partners/) (2025-11-17): Download Full Press Release (PDF)   Version 7.x “Laywire” Delivers 10x Throughput Improvement and 40x Higher Server Density November 17, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or "the Company"), a global innovator in - [Turnium Technology Group Announces Marketing Agreement](https://ttgi.io/turnium-technology-group-announces-marketing-agreement/) (2025-11-11): Download Full Press Release (PDF)   November 11, 2025 - Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) ("TTGI" or "the Company"), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, - [Turnium Announces Proposed Acquisition of Assets of Insentra Holdings](https://ttgi.io/turnium-announces-proposed-acquisition-of-assets-of-insentra-holdings/) (2025-11-10): Download Full Press Release (PDF)   With the closing of the Transaction, Insentra is expected to provide increased revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team The acquisition continues Turnium’s transformation - [Turnium to Present at the Planet MicroCap Showcase: TORONTO in partnership with MicroCapClub on Wednesday, October 22, 2025 & 1×1 Meetings on Thursday, October 23, 2025](https://ttgi.io/turnium-to-present-at-the-planet-microcap-showcase-toronto-in-partnership-with-microcapclub-on-wednesday-october-22-2025-1x1-meetings-on-thursday-october-23-2025/) (2025-10-15): Download Full Press Release (PDF)   October 15, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48), a provider of secure, cost effective, uninterrupted and scalable global connectivity for businesses, today announced that it will be - [Turnium Technology Group to Present at the 2025 Cantech Letter Conference in Toronto](https://ttgi.io/turnium-technology-group-to-present-at-the-2025-cantech-letter-conference-in-toronto/) (2025-10-01): Download Full Press Release (PDF) Cantech Investment Conference 2025 - Research Booklet Cantech Investment Conference 2025 - TTGI Spotlight   October 1, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) ("TTGI" or "the Company"), a - [Turnium Technology Group Unveils “Insight” – Next-Generation Network Analytics and Management Platform](https://ttgi.io/turnium-technology-group-unveils-insight-next-generation-network-analytics-and-management-platform/) (2025-09-10): Download Full Press Release (PDF)   Introducing Turnium Insight - empowering global partners and customers with real-time network analytics, security features, and intuitive management tool September 10, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) - [Turnium Technology Group Partners with Styx Intelligence to Deliver Advanced Digital Risk Protection](https://ttgi.io/turnium-technology-group-partners-with-styx-intelligence-to-deliver-advanced-digital-risk-protection/) (2025-09-04): Download Full Press Release (PDF)   AI-powered Digital Risk Protection safeguarding brands, assets and executives from cyber threats September 4, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or "the Company"), a leader in - [Turnium Technology Group and 01 Quantum Forge Global Strategic Alliance to Deliver Quantum-Safe Email Encryption](https://ttgi.io/turnium-technology-group-and-01-quantum-forge-global-strategic-alliance-to-deliver-quantum-safe-email-encryption/) (2025-09-02): Download Full Press Release (PDF)   NIST-approved PQC (FIPS-203 and FIPS-204 standards), IronCAP X™ September 2, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or "the Company"), a leader in Technology-as-a-Service (TaaS), and 01 - [Turnium Technology Group Reports 72.5% YoY Revenue Growth for Fiscal Q3 2025](https://ttgi.io/turnium-technology-group-reports-72-5-yoy-revenue-growth-for-fiscal-q3-2025/) (2025-08-29): Download Full Press Release (PDF) Download Q3 Financial Statements (PDF) Download Q3 MD&A (PDF)   Highlights: FQ3 Revenue of $2.33M and FQ3 Gross Margin of $1.58M (or 67.8%) Guidance for Q4 FY2025, ending September 30, 2025: the Company expects Revenue - [TTGI Deploys 750+ Instances of Turnium Insight Worldwide](https://ttgi.io/ttgi-deploys-750-instances-of-turnium-insight-worldwide/) (2025-08-14): Download Full Press Release (PDF)   “This is truly a game-changer for our partners and their customers, delivering unmatched control, intelligence, and operational efficiency to service providers and their customers” August 14, 2025 – Vancouver, Canada  –  Turnium Technology Group - [Toronto Stock Exchange, Turnium Technology Group Inc., The View from the C-Suite](https://ttgi.io/toronto-stock-exchange-turnium-technology-group-inc-the-view-from-the-c-suite/) (2025-08-05): Toronto, Ontario - August 5, 2025 - Doug Childress, Chief Executive Officer, Turnium Technology Group Inc. (Company) (TSXV: TTGI), shares their Company's story in an interview with TMX Group. Cannot view this video? Visit: https://www.youtube.com/watch?v=yl48ykewrGE The View From The C-Suite - [Turnium’s Claratti Secures its Fourth Order from Seafarer Connect](https://ttgi.io/turniums-claratti-secures-its-fourth-order-from-seafarer-connect/) (2025-07-21): Download Full Press Release (PDF)   Contract Valued at C$185K for CrewMate Lite Devices to Expand Maritime Connectivity July 21, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) ("TTGI" or "the Company") is pleased to - [Comms365 Renews C$1.16M 3-Year Partnership with Turnium Technology Group for Advanced SD-WAN Solutions](https://ttgi.io/comms365-renews-c1-16m-3-year-partnership-with-turnium-technology-group-for-advanced-sd-wan-solutions/) (2025-07-02): Download Full Press Release (PDF)   In addition to the partnership renewal, Comms365 to launch Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution, into the UK market July 2, 2025 – Vancouver, Canada and London, UK – Turnium - [Turnium Technology Group Inc. Announces Second Tranche Closing of Concurrent Non-brokered Unit and Convertible Debenture Private Placements](https://ttgi.io/turnium-technology-group-inc-announces-second-tranche-closing-of-concurrent-non-brokered-unit-and-convertible-debenture-private-placements/) (2025-06-26): Download Full Press Release (PDF)   Combined Debenture Offering of $2.20 million Combined Unit Offering of $1.25 million   June 26, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V:TTGI) (FSE:E48) (“Turnium” or the “Company”), a global leader in - [SDWAN & SASE Solutions UK Expands Partnership Commitment and Launches Turnium’s Groundbreaking Insight Software](https://ttgi.io/sdwan-sase-solutions-uk-expands-partnership-commitment-and-launches-turniums-groundbreaking-insight-software/) (2025-06-24): Download Full Press Release (PDF) SDWS UK launches Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution designed to augment traditional SD-WAN capabilities, offering customers advanced network visibility, control and security   June 24, 2025 – Vancouver, Canada and - [Turnium Technology Group and Syntheia AI Forge Global Strategic Alliance to Accelerate AI Innovation and Market Reach](https://ttgi.io/turnium-technology-group-and-syntheia-ai-forge-global-strategic-alliance-to-accelerate-ai-innovation-and-market-reach/) (2025-06-23): Download Full Press Release (PDF)   June 23, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“TTGI” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and --- # Full Content --- title: "TTGI Subsidiary Insentra Secures Third Consecutive Managed Services Renewal with an IBEX 35-Listed Global Infrastructure Group" url: "https://ttgi.io/ttgi-subsidiary-insentra-secures-third-consecutive-managed-services-renewal-with-an-ibex-35-listed-global-infrastructure-group/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   24-month renewal includes expanded Digital Employee Experience capability, reflecting sustained managed services retention with a globally-operating infrastructure enterprise active across Australia, the United Kingdom, and the United States   June 10, 2026 – Vancouver," last_modified: "2026-06-10T13:14:09+00:00" categories: [Press] --- # TTGI Subsidiary Insentra Secures Third Consecutive Managed Services Renewal with an IBEX 35-Listed Global Infrastructure Group #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/06/TTGI_Insentra_Renewal_IBEX-35-Global-Infrastructure-Group_June102026_VFF.pdf)   24-month renewal includes expanded Digital Employee Experience capability, reflecting sustained managed services retention with a globally-operating infrastructure enterprise active across Australia, the United Kingdom, and the United States   **June 10, 2026** – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, today announced that its **Insentra** subsidiary has secured a third consecutive managed services renewal with a subsidiary of an IBEX 35-listed global infrastructure and renewable energy group. The renewed agreement covers a 24-month term and incorporates expanded scope through the addition of Digital Employee Experience (DEX) capability, building on services first delivered in the prior term. The customer organisation is an operating entity of a major global infrastructure and sustainable development group, with revenues exceeding €20 billion and a presence across more than 30 countries. The group is publicly listed on Spain’s IBEX 35 index and operates across infrastructure construction, water treatment, renewable energy, and industrial services. The group has maintained a substantial operational presence in Australia since 2002, employing more than 1,000 people locally across construction, water, and renewable energy projects. Insentra has supported this customer’s Australian operations since 2021. The renewed engagement encompasses Insentra’s Managed Citrix service, including proactive monitoring, structured patching, incident management, and capacity management, delivered within an AWS-hosted environment supporting 93 concurrent users, 11 Citrix session hosts, and 97 published applications. The renewal also extends the Digital Employee Experience platform introduced in the prior term, providing user performance analytics, enhanced reporting, and BI dashboards designed to support ongoing platform optimisation. Service delivery is structured around defined SLA commitments including 30-minute critical incident response and four-hour resolution targets, supported by monthly governance reviews, an annual review cycle, and a continuous improvement framework. **Renewal Summary** - **Customer Profile:** Operating subsidiary of a major IBEX 35-listed global infrastructure and renewable energy group, active in more than 30 countries - **Renewal Term:** 24 months; third consecutive renewal since 2021 - **Services:** Managed Citrix (monitoring, patching, incident and capacity management) with Digital Employee Experience (DEX) capability - **Environment:** AWS-hosted; 93 concurrent users, 11 Citrix session hosts, 97 published applications - **Revenue model:** Multi-year managed services engagement with structured auto-renewal framework **Leadership Commentary** Ronnie Altit, VP Global Sales and Marketing said:  “Securing a third consecutive renewal with a globally operating infrastructure organization reflects the consistency and accountability of our managed services model. Enterprise customers operating across critical infrastructure environments require reliability, governance, and continuous operational improvement over extended periods which is exactly where Insentra is designed to deliver value. The expansion of the engagement to deliver Digital Employee Experience monitoring demonstrates the trust developed over multiple years of delivery and our ability to evolve alongside customer requirements.” Doug Childress, CEO of TTGI, added,  “Multi-year enterprise renewals are an important indicator of the quality and durability of recurring revenue within the TTGI group. This renewal reflects the type of long-term customer engagement we are focused on building through our Technology-as-a-Service strategy — combining operational delivery, governance, and scalable managed services across global enterprise environments. Continued customer retention and scope expansion within existing accounts remain an important component of our long-term growth strategy.” **Governance and recurring revenue** Enterprise managed services clients in the infrastructure and construction sector operate complex, distributed environments with defined compliance, availability, and governance requirements. Insentra’s structured delivery model—encompassing SLA-governed incident response, proactive monitoring, patching, and formal governance cadence—is designed to meet those requirements consistently over multi-year engagements. The third consecutive renewal of this engagement, with expanded scope, reflects the operational continuity and account depth that Insentra’s managed services model is designed to support. This renewal is consistent with TTGI’s focus on building multi-year managed services engagements across enterprise customers through its subsidiaries, supporting the Company’s focus on enterprise customer retention and long-term recurring revenue. **About Insentra, a TTGI Company** Insentra is a 100% channel-only global IT professional services company and a TTGI group company, with offices in Australia, the United Kingdom, and the United States. Insentra delivers structured technology adoption programmes, AI enablement services, and managed IT professional services to enterprise organisations across multiple sectors. AIMomentum is Insentra’s structured enterprise AI adoption programme, designed to take organisations from readiness through to ongoing operation of custom AI agents and applications. For more information, visit www.insentragroup.com. For more information, visit [www.insentragroup.com](http://www.claratti.com/).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. TTGI is focused on building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/), [www.insentragroup.com](http://www.insentragroup.com/).   **CAUTIONARY NOTES****** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "TTGI Subsidiary Claratti Expands CrewMate Lite Deployment to 69 Units Across Australia in Partnership with Seafarer Connect and the Tas Bull Seafarers Foundation" url: "https://ttgi.io/ttgi-subsidiary-claratti-expands-crewmate-lite-deployment-to-69-units-across-australia-in-partnership-with-seafarer-connect-and-the-tas-bull-seafarers-foundation/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Claratti’s CrewMate Lite solution grows from 51 to 69 units nationwide, supporting seafarers visiting Australian ports   June 1, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or" last_modified: "2026-06-01T12:51:18+00:00" categories: [Press] --- # TTGI Subsidiary Claratti Expands CrewMate Lite Deployment to 69 Units Across Australia in Partnership with Seafarer Connect and the Tas Bull Seafarers Foundation #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/06/TTGI_CrewMate_Seafarer_Connect_PR_Jun012026_VFF.pdf)   Claratti’s CrewMate Lite solution grows from 51 to 69 units nationwide, supporting seafarers visiting Australian ports   **June 1, 2026** – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce that its **Claratti** subsidiary has expanded its CrewMate Lite deployment to **69 units** across Australian ports, in partnership with **Seafarer Connect** and the **Tas Bull Seafarers Foundation**. The CrewMate Lite solution provides secure, managed 4G/5G internet access to vessel crews while docked at Australian ports, supporting seafarer welfare, mental health, and connectivity with family and support services. A newly approved order for an additional 18 units, which will increase the total deployment from 51 to 69 units nationwide, further extends this important connectivity service across Australia’s maritime network. The partnership between Claratti and Seafarer Connect commenced in June 2022, when Seafarer Connect approached Claratti seeking a reliable, portable internet solution to provide Wi-Fi connectivity to seafarers visiting Australian ports. The initiative was developed to address growing mental health and wellbeing challenges faced by seafarers, particularly following COVID-19 restrictions that significantly reduced crews’ ability to access communication services ashore. Following consultation and solution development, the first order of 10 CrewMate Lite units was placed in October 2022. Since the initial deployment, Claratti has worked closely with Seafarer Connect and the Tas Bull Seafarers Foundation to continuously improve the solution. The CrewMate Lite product has now progressed to Version 4, incorporating substantial improvements in portability, performance, and usability. One of the most significant achievements has been reducing the unit weight from approximately 12 kg to just 3.4 kg, greatly improving transportation and deployment efficiency for volunteers and port operators. The units provide the crew aboard the cargo ships with secure, managed 4G/5G internet access with long-range Wi-Fi, dual Telstra mobile data services, remote monitoring, GPS tracking, geo-fencing, captive portal functionality, and clean internet browsing protections. They are specifically designed to allow seafarers to stay connected with family, access support services, educational material, entertainment, and important news while away from home for extended periods. Doug Childress, CEO of TTGI, said, “The growth of CrewMate Lite from 10 units to 69 units over three years is a clear demonstration of what happens when purpose-built technology meets real community need. Claratti has shown genuine commitment to continuous improvement in service of seafarer welfare, and we are proud of the role this solution plays in keeping people connected to the people and support services that matter most to them.” **Deployment Summary** - **Partnership commenced:** June 2022; first order of 10 units placed October 2022 - **Current deployment:** 51 CrewMate Lite units across numerous Australian ports, supporting thousands of seafarers annually - **New order approved:** 18 additional units, bringing total nationwide deployment to 69 CrewMate Lite units - **Product maturity:** CrewMate Lite now at Version 4; unit weight reduced from approximately 12 kg to 3.4 kg **Ongoing commitment to seafarer welfare** Claratti remains committed to ongoing innovation and support of the CrewMate initiative as demand for seafarer connectivity solutions is expected to continue nationally. The partnership with Seafarer Connect and the Tas Bull Seafarers Foundation demonstrates the important role that reliable communications infrastructure plays in supporting seafarer welfare, mental health, and wellbeing. Claratti will continue to work closely with its partners to ensure the solution remains fit for purpose in demanding maritime environments and accessible to seafarers across Australia’s ports. The deployment also demonstrates TTGI’s ability to support recurring, partner-led technology services in specialised vertical markets.   **About Claratti, a TTGI Company** Claratti is a TTGI group company specialising in managed connectivity, collaboration, and communication services across Australia and the Asia Pacific region. Claratti’s CrewMate product line delivers purpose-built portable connectivity solutions for the maritime sector, supporting seafarer welfare and operational efficiency at ports across Australia. For more information, visit www.claratti.com. For more information, visit [www.claratti.com](http://www.claratti.com/).   **About Seafarer Connect** Seafarer Connect is a welfare organisation dedicated to improving the connectivity and wellbeing of seafarers visiting Australian ports. Working alongside the Tas Bull Seafarers Foundation, Seafarer Connect coordinates the deployment and operation of portable internet solutions to ensure seafarers can stay in contact with family, access support services, and maintain their mental health and wellbeing while in port.   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. TTGI is focused on building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/), [www.insentragroup.com](http://www.insentragroup.com/).   **CAUTIONARY NOTES****** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "ISO Certifications of TTGI Subsidiaries Claratti and Insentra Reinforce Commitment to Information Security and Operational Excellence" url: "https://ttgi.io/iso-certifications-of-ttgi-subsidiaries-claratti-and-insentra-reinforce-commitment-to-information-security-and-operational-excellence/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Claratti (ISO Certified 27001: 2022) and Insentra (ISO Certified 27001: 2022 & 27701: 2019) support operational maturity, strengthen enterprise governance and reinforce TTGI’s security, privacy and compliance framework   May 21, 2026 – Vancouver," last_modified: "2026-05-21T12:45:58+00:00" categories: [Press] --- # ISO Certifications of TTGI Subsidiaries Claratti and Insentra Reinforce Commitment to Information Security and Operational Excellence #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/05/TTGI_ISO-Certification_MAY-21-2026_VFF-IG-FINAL.pdf)   Claratti (ISO Certified 27001: 2022) and Insentra (ISO Certified 27001: 2022 & 27701: 2019) support operational maturity, strengthen enterprise governance and reinforce TTGI’s security, privacy and compliance framework   **May 21, 2026** – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, today announced that two of its subsidiaries, **Claratti** and **Insentra**, hold active **ISO 27001** (Information Security Management System) certification, with Insentra additionally certified to **ISO 27701** (Privacy Information Management System). Claratti has held ISO 27001 continuously since **2019**. Insentra has maintained ISO 27001 certifications continuously for **four years** and expanded into ISO 27701 over a year ago. ISO 27001 and ISO 27701 are globally recognised standards administered by the International Organization for Standardization. They provide a structured framework for managing information security and data privacy risks, validated through independent audits by accredited certification bodies. Certified organizations are required to implement and continuously evidence relevant policies, conduct ongoing user education, and embed a security-conscious culture across the business. For TTGI and its subsidiaries, these certifications represent an ongoing operational commitment to information security, privacy governance, and risk management. Maintaining internationally recognized certification standards requires continuous independent assessment, employee engagement, policy enforcement, and operational discipline. The certifications also support the Company’s ability to meet the security, privacy, and compliance expectations of partners and clients operating in enterprise and regulated environments. **Certification Summary** - **Claratti:** ISO 27001 (Information Security Management System) – held continuously since 2019 - **Insentra:** ISO 27001 (Information Security Management System)- held continuously for four years and ISO 27701 extension (Privacy Information Management System) – added at the beginning of 2025 **Leadership Commentary** Itzik Gur, VP Technology, Security & Compliance at TTGI, said, “Our ISO certifications reflect the importance we place on protecting the information entrusted to us by our clients and partners. Maintaining these certifications over multiple years requires ongoing operational discipline, employee diligence, and independent verification of our security and privacy practices. As TTGI continues integrating its group companies, we intend to expand these operational standards and certification practices across additional parts of the business over time.” **Expanding Certification Across the TTGI Group** As TTGI continues to integrate its group companies, the Company intends to pursue ISO 27001 certification across all subsidiary operations. This reflects the Company’s broader strategy of building a group-wide culture of security and accountability, aligned with the operational expectations of enterprise and regulated-sector clients. Looking ahead, TTGI is also assessing additional governance and assurance frameworks, including ISO 42001 and SOC 2, as part of its ongoing operational maturity initiatives.   **About Claratti, a TTGI Company** Claratti is a TTGI group company specialising in managed connectivity, collaboration, and communication services across Australia and the Asia Pacific region. Claratti has held ISO 27001 certification continuously since 2019, supporting its commitment to delivering secure, enterprise-grade services to its clients and partners. For more information, visit [www.claratti.com](http://www.claratti.com/). **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialised Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, security, and end-user computing. Insentra holds ISO 27001 and ISO 27701 certifications. For more information, visit [www.insentragroup.com](http://www.insentragroup.com/).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. TTGI is focused on building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/), [www.insentragroup.com](http://www.insentragroup.com/).   **CAUTIONARY NOTES****** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Turnium Technology Group Reports 276% YoY Revenue Growth for Fiscal Q2 2026" url: "https://ttgi.io/turnium-technology-group-reports-276-yoy-revenue-growth-for-fiscal-q2-2026/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) 2026 - Q2 Financial Statements (PDF) 2026 - Q2 MD&A (PDF)   Highlights: Q2 Revenue of $6.44M, up 327.2% QoQ and up 275.9% YoY; Q2 Gross Margin of $2.17M, up 107.1% QoQ and up 80.2%" last_modified: "2026-05-14T15:26:56+00:00" categories: [Press] --- # Turnium Technology Group Reports 276% YoY Revenue Growth for Fiscal Q2 2026 #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/05/TTGI_Q2-2026-Fin-Results-PR_MAY-14-2026_VFF.pdf) #### [2026 – Q2 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2026/05/TTGI_-_FS_Q2_2026_Final.pdf) #### [2026 – Q2 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2026/05/TTGI_-_MDA_Q2_2026_Final.pdf)   **_Highlights:_** - _Q2 Revenue of $6.44M, up 327.2% QoQ and up 275.9% YoY;_ - _Q2 Gross Margin of $2.17M, up 107.1% QoQ and up 80.2% YoY;_ - _TTGI provides financial outlook for Q3 FY2026, Q4 FY2026 and the 12__‑__month period following the Insentra acquisition_ - _Guidance for Q3 FY2026, ending June 30, 2026: the Company expects Revenue of $7.0M to $7.5M, and Gross Margin of 35 to 45%_ - _Guidance for Q4 FY2026, ending September 30, 2026: the Company expects Revenue of $8.0M to $8.5M, and Gross Margin of 35 to 45%_ - _For the 12 months beginning on March 1, 2026 (post the Insentra acquisition closing), the Company expects Revenue of $28M to $32M, and Gross Margin of $12.1M to $14.7M (which includes 12 months of Insentra results)._   **May 14, 2026 **– Vancouver, Canada – **Turnium Technology Group Inc.** (**TSX.V: TTGI**) (**FSE: E48**) (“**Turnium**” or “**the Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, announces its financial results for Fiscal Q2 2026. All financial information is provided in Canadian dollars unless otherwise indicated.  Doug Childress, TTGI CEO stated “We expect sequential organic growth to continue, and we have initiated a cost optimization program across the Group that is expected, over time, to contribute potential operating expense reductions in the range of approximately $1.2 million to $2.4 million on an annualized basis. Together with the integration of Insentra and Claratti, these initiatives are intended to narrow our Adjusted EBITDA losses and to support our path toward profitability.” The Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the second fiscal quarter ended March 31, 2026, are available on the Company’s SEDAR profile at [www.sedar.com](http://www.sedar.com). **Fiscal Second Quarter 2026 Performance Summary** During the three months ended March 31, 2026, the Company’s results reflected the impact of the acquisition of Insentra, effective January 1, 2026, and the divestiture of substantially all of the assets and contractual commitments of TNET on March 18, 2026. Insentra contributed advisory, professional and managed services activity during the quarter across Australia, the United States and the United Kingdom, with continued demand for Microsoft 365, Azure, cloud transformation, security and end‑user computing solutions. The Company also continued to broaden its operating footprint through both channel‑based and direct customer relationships. In addition to software and connectivity‑related offerings, the Company’s combined services now include managed IT services, professional services, cybersecurity, hardware and software procurement, Microsoft‑related services and related support offerings delivered through TNSI, Claratti and Insentra. The revenue and gross margin profile for the quarter and year‑to‑date period reflects this changing mix following the acquisitions of Claratti and Insentra and the disposition of TNET. **Recent** **Developments** Since December 2024, the Company has advanced several commercial, product and operational initiatives. In the United Kingdom, TTGI expanded its partnership with SDWAN & SASE Solutions (now ATOMNIA), including the launch of new offerings and participation in a long‑term managed services deployment of the Omnia platform for a large retail chain. In Australia, the Company secured additional project work, including renewable network projects with Global Power Generation Australia and a contract with Seafarer Connect for CrewMate Lite services, and renewed or extended several existing customer relationships. The Company also progressed its product roadmap through continued development of its SD‑WAN platform, integration of Clavister cybersecurity solutions into its Technology‑as‑a‑Service portfolio, and the initiation of an Intel‑based next‑generation universal edge device project incorporating features such as AI‑based traffic steering and post‑quantum cryptography. In parallel, management undertook branding, investor‑relations and operational initiatives, including a podcast series, investor‑focused webinars and operational changes designed to improve efficiency and support the Company’s profitability objectives. **Outlook and Guidance****** Management’s near‑term priorities remain focused on integrating recent acquisitions, improving operating efficiency and strengthening the Company’s financial position. Key areas of focus for the remainder of fiscal 2026 include driving organic revenue growth through existing channel partners and direct subsidiaries, optimizing the cost structure, and advancing selected product and service initiatives. From a commercial perspective, management intends to continue to expand sales activity across SD‑WAN, managed IT services, cybersecurity and Microsoft‑related services, leveraging the combined capabilities of TNSI, Claratti and Insentra. Efforts will include deepening existing channel relationships, pursuing new channel opportunities and cross‑selling services into the Company’s installed customer base, subject to available resources and market conditions. On the operational side, management plans to continue the deployment and hardening of its next‑generation SD‑WAN platform, customer premises equipment and related tools, as well as ongoing investments in internal systems and processes to support scalability. These activities are expected to be paced in line with the Company’s capital resources and liquidity profile and may be adjusted as required in response to prevailing economic and financing conditions. Management intends to take all cost saving measures where possible and to otherwise closely manage operating expenses over the ensuing quarters and will align spending with available resources, and revenue growth opportunities. Management has also initiated a cost optimization program across the Group and, based on initiatives identified to date, estimates that it may be able to achieve aggregate reductions in operating expenses in the range of approximately $100,000 to $200,000 per month (**equating to approximately $1.2 million to $2.4 million on an annualized basis**). The timing, amount and realization of any such savings will depend on a number of factors, including the pace of integration of acquired businesses, implementation of common systems and processes, and broader market and operating conditions. The Company’s strategic plan also contemplates evaluating tuck‑in acquisition opportunities that are complementary to its existing business, particularly in managed services and adjacent technology offerings. Any such transactions will depend on the availability of suitable targets, satisfactory due diligence outcomes and the Company’s ability to secure appropriate financing on acceptable terms, and there can be no assurance that any acquisitions will be completed. Management believes that successful execution of these initiatives, together with disciplined cost management, has the potential over time to improve the Company’s revenue scale, operating margins and cash flow profile. However, actual results may differ materially from management’s expectations due to factors including integration risk, competitive dynamics, customer demand, financing availability and broader macroeconomic conditions, as described under “Caution on Forward‑Looking Information”. **Fiscal Q3/Q4 2026 Guidance ** For Q3 FY2026, ending June 30, 2026, the Company expects Revenue of $7.0M to $7.5M and Gross Margin of 35 to 45%. For Q4 FY2026, ending September 30, 2026, the Company expects Revenue of $8.0M to $8.5M and Gross Margin of 35 to 45%. For the 12 months beginning on March 1, 2026 (date of the Insentra acquisition), the Company expects Revenue of $28M to $32M, and Gross Margin of $12.1M to $14.7M (which includes 12 months of Insentra results). These outlook figures are based on management’s current expectations and assumptions and are subject to a number of risks and uncertainties, including integration of recent acquisitions, customer demand, execution by channel partners and general economic conditions. **Fiscal Second Quarter 2026 Highlights:** - **Revenue **increased to $6.44M, up 327.2% compared to $1.51M QoQ and up 275.9% compared to $1.71M YoY; - **Gross Margin **increased to $2.17M (based on product mix), up 107.1% compared to $1.05M QoQ and up 80.2% compared to $1.20M YoY; - **Total Expenses** increased to $4.85M, compared to $2.74M QoQ and $1.26M YoY;  - **Net Loss **decreased to ($2.63M), compared to ($3.00M) QoQ and ($0.41M) YoY; - **Adjusted EBITDA****(1)**** **was ($1.85M), compared to ($0.95M) QoQ and ($0.1M) YoY; - **Number of Common Shares Outstanding (basic)** at the end of the second quarter 2026 were 191,078,686. Current shares outstanding, as of May 14, 2026 are 203,730,657. **Fiscal Second Quarter Financial Highlights:** During the three months ended March 31, 2026, revenue increased by 276% over the prior period, while direct costs increased by 738% over the prior period. This sharp increase was caused by Insentra acquisition on January 1, 2026, with Insentra’s results included in the consolidated financial statements from that date. The Company reported gross margin for the period of 34% compared with gross margin of 70% for the prior comparable period, reflecting lower margin mix and higher cost intensity associated with the revenue generated by Insentra. Direct costs are comprised of commissions, service and support labour, and cost of goods sold.  During the six months ended March 31, 2026, revenue increased by 149% over the prior period, while direct costs increased by 480% over the prior period. The Company reported gross margin for the period of 40% compared with gross margin of 74% for the prior comparable period. Acquisition of Claratti in August 2024 and Insentra in January 2026 affected the revenue and gross margin changes. Management believes that, over time, organic growth and cross‑selling into the customer base should support improvements in overall profit margin; however, margins may continue to fluctuate in the near term as the Company integrates the recent acquisitions and optimizes its cost structure. _ **Fiscal Second Quarter Financing and Corporate Update Summary** During the quarter, the Company undertook the following financing initiatives: **February 3, 2026 –** The Company completed a non‑brokered private placement of secured, non‑convertible debentures for aggregate gross proceeds of $4.65 million through the issuance of units at $1,000 per unit. Each unit consisted of one debenture with a principal amount of $1,000 and 4,000 non‑transferable share purchase warrants, bearing interest at 16% per annum and secured by a first‑ranking security interest over substantially all of the Company’s assets (excluding Tenacious Networks Inc.). Net proceeds were used for repayment of secured debt, funding of a proposed acquisition, professional fees and general working capital. **March 31, 2026 –** The Company announced its intention to complete a non‑brokered private placement of up to 85,714,285 units at $0.07 per unit for aggregate gross proceeds of up to $6.0 million, each unit consisting of one common share and one‑half of one common share purchase warrant. The proposed offering is subject to TSX Venture Exchange approval and is expected to be completed in multiple tranches, with net proceeds intended for repayment of existing debt facilities and working capital to support growth initiatives. **(1)**** Non-IFRS Financial Measures – Adjusted EBITDA****** The MD&A references adjusted EBITDA, which is a non-IFRS financial measure. Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS financial measures to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors, and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income (loss) before tax excluding depreciation and amortization expense, share based expense, gain/loss on change on fair value of derivatives, loss on debt settlement, government grants, foreign exchange gain/loss, interest and accretion and SRED refund. Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company’s operations. The following table shows a reconciliation of adjusted EBITDA to net income (loss) before tax, the most comparable IFRS financial measure, for the three and six months ended March 31, 2026 and 2025: ![](https://ttgi.io/wp-content/uploads/2026/05/Screenshot-2026-05-14-at-8.13.07-AM.png)   **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialized Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, security, and end-user computing. For more information, visit [www.insentragroup.com](http://www.insentragroup.com/).   **About Turnium Technology Group Inc. (TTGI)**** ** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. TTGI is focused on building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because “Connectivity Matters.”_ For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/), [www.insentragroup.com](http://www.insentragroup.com/). **  ** **CAUTIONARY NOTES ** **_Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _** **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "TTGI Insentra Subsidiary Secures Strategic Multi-Phase Enterprise AI Engagement with U.S. Advanced Manufacturing Client" url: "https://ttgi.io/ttgi-insentra-subsidiary-secures-strategic-multi-phase-enterprise-ai-engagement-with-u-s-advanced-manufacturing-client/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Multi-phase AI adoption program spans workforce enablement, enterprise agent development, and AI governance for a high-growth U.S. advanced manufacturing organization   May 4, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI)" last_modified: "2026-05-04T12:34:04+00:00" categories: [Press] --- # TTGI Insentra Subsidiary Secures Strategic Multi-Phase Enterprise AI Engagement with U.S. Advanced Manufacturing Client #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/05/TTGI_Insentra_EnterpriseAI_Advanced-Manufacturing-US_May042026_VFF-3B.pdf)   Multi-phase AI adoption program spans workforce enablement, enterprise agent development, and AI governance for a high-growth U.S. advanced manufacturing organization   **May 4, 2026 –** Vancouver, Canada – **Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (**“TTGI”** or the **“Company”**), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, today announced that its **Insentra** subsidiary has secured a six figure strategic multi-phase enterprise AI engagement with a high-growth advanced manufacturing organization headquartered in the United States, demonstrating the Group’s capability to deliver complex, enterprise-scale AI solutions.  The initial project includes a six-month Managed Services contract covering: - **Scope: **Multi-phase enterprise AI program (AI Momentum) spanning AI use case discovery, workforce enablement, agentic development, ongoing operational support, and AI governance. - **Technologies: **Microsoft 365 Copilot, Cowork, Azure OpenAI, Symphony, Microsoft Purview, Power Automate, Dataverse, SharePoint, Microsoft Teams, and Insentra’s proprietary MIA (My Intelligent Assistant) platform. - **Delivery model: **Insentra-led delivery through our Partner, with phased governance decision gates. The strategic significance of this engagement reflects: - Insentra’s growing traction with high-growth, IP-sensitive organizations in the advanced manufacturing and deep technology sectors; - Increasing enterprise demand for structured, governed AI adoption programs that address both capability uplift and compliance risk; - Insentra’s end-to-end AI methodology, from discovery through to production-grade agentic solution development and ongoing operation; and - TTGI’s ability to serve complex, multi-stakeholder enterprise clients through its subsidiary network. While specific financial terms were not disclosed, the engagement is aligned with the Company’s strategic focus on: - Recurring revenue opportunities through multi-phase, subscription-based service delivery; - Expansion within enterprise customers across the advanced manufacturing, deep technology, and defense-adjacent sectors; - Long-term partner-led delivery models that compound value over time; and - Building Insentra’s referenceable client portfolio in the U.S. market. Ronnie Altit, Global VP, Sales and Marketing, TTGI, said, “This type of engagement represents exactly the high-growth, IP-sensitive sector where a governed, people-first approach to AI is essential. Insentra’s ability to move beyond experimentation and deliver structured, enterprise-grade AI programs is a genuine differentiator. It reinforces our growing U.S. momentum and the increasing demand we are seeing for practical, scalable AI adoption.” Doug Childress, Chief Executive Officer of TTGI, added, “This engagement reflects the strategic role Insentra plays within TTGI’s broader Technology-as-a-Service platform. Enterprise AI adoption is not a one-time project; it’s a long-term transformation that creates recurring revenue opportunities and deeper customer relationships. As we continue to expand in the U.S., wins like this validate both our capability and our positioning in a rapidly evolving market.”   **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialised Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, security, and end-user computing. For more information, visit [www.insentragroup.com](http://www.insentragroup.com).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. TTGI is focused on building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/) | [www.turnium.com](http://www.turnium.com/) | [www.claratti.com](http://www.claratti.com/) | [www.insentragroup.com](http://www.insentragroup.com)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Engages Global MSP Ecosystem at TAG 2026 Conference" url: "https://ttgi.io/turnium-engages-global-msp-ecosystem-at-tag-2026-conference/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Strengthening Channel Relationships and Expanding North American Market Presence   April 30, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service" last_modified: "2026-04-30T13:05:41+00:00" categories: [Press] --- # Turnium Engages Global MSP Ecosystem at TAG 2026 Conference #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/04/TTGI_TURNIUM-ENGAGES-GLOBAL-MSP-ECOSYSTEM-AT-TAG-2026-CONFERENCE_Apr302026_VFF.pdf)   Strengthening Channel Relationships and Expanding North American Market Presence   **April 30, 2026 –** Vancouver, Canada **–** **Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (**“TTGI”** or the **“Company”**), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, announces that its Turnium subsidiary participated in the recent **Technology Assurance Group (TAG) 2026 Conference**, a leading North American event focused on Managed Service Providers (MSPs). The TAG conference brings together a network of MSPs, technology vendors and channel leaders, providing a platform for collaboration, partner engagement and industry insight ([link](https://web.cvent.com/event/0eeeaa37-71c5-423f-9168-26a6754ffd35/websitePage:6c72a513-0de8-4fcd-8f59-770a8532ab4e)). Turnium’s participation reflects TTGI’s focus on expanding its presence within the global MSP ecosystem and strengthening relationships with channel partners in North America. Turnium hosted a breakout session highlighting how TAG Members can explore potential monthly recurring revenue (MRR) opportunities by packaging and reselling a more resilient networking service. Participation in industry events such as TAG forms part of TTGI’s broader strategy to increase market visibility, support partner-led growth, and expand distribution opportunities across its global technology platform. Through its operating companies, including Turnium, Insentra and Claratti, TTGI continues to invest in partner enablement and ecosystem development to support scalable, channel-driven delivery of secure networking and IT services. Aldo Gallone, VP of Global Strategy and Partnerships, added, “Engagement with the global MSP ecosystem is a critical component of TTGI’s growth strategy. Events such as TAG provide valuable opportunities to deepen partner relationships, expand our North American footprint, and align our platform with the evolving needs of service providers. By continuing to invest in partner enablement and ecosystem development, we are strengthening our ability to support scalable, channel-driven growth across our operating companies.” Ronnie Altit, VP Global Sales and Marketing, added, “The MSP channel continues to evolve rapidly with increasing demand for flexible, secure networking solutions. Our participation at TAG enables Turnium to engage directly with partners and demonstrate how our platform supports their service delivery and recurring revenue growth objectives.” TTGI operates a global Technology-as-a-Service (TaaS) platform spanning secure networking, software-defined infrastructure, and specialised IT services. Through its operating companies Turnium, Insentra, and Claratti, the Company enables channel partners to deliver integrated solutions that securely connect users, applications, and data across distributed environments. Participation in industry conferences is intended to support partner engagement, market visibility, and TTGI’s channel-focused business development activities.   **About Technology Assurance Group** Founded in 1998, Technology Assurance Group is an organization of leading managed technology services providers (MTSPs) in the U.S. and Canada. According to TAG, its Members represent $1 billion in products and services, integrating all technology solutions including IT, cloud-based technologies, cybersecurity, telecommunications, AV, video surveillance, access control and copiers/managed print. For more information, visit [www.tagnational.com](https://www.tagnational.com/).   **About Turnium, a TTGI Company** Turnium is a software-defined wide area networking (SD-WAN) provider delivering secure, flexible, and cost-effective network connectivity solutions for managed service providers and their clients. Operating through a channel-first model, Turnium enables partners to deploy and manage enterprise-grade networking infrastructure across distributed environments with full control and scalability.   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its  partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:****** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "TTGI Announces Preliminary Second Quarter Results with Revenue up 140%" url: "https://ttgi.io/ttgi-announces-preliminary-second-quarter-results-with-revenue-up-140/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   April 28, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce" last_modified: "2026-04-28T12:53:25+00:00" categories: [Press] --- # TTGI Announces Preliminary Second Quarter Results with Revenue up 140% #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/04/TTGI_Q2_2026_MGMT_UPDATE_Apr282026_VFF.pdf)   **April 28, 2026 –** Vancouver, Canada **–** **Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (**“TTGI”** or the **“Company”**), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce preliminary and unaudited results for the quarter ended March 31, 2026 with revenue increasing to approximately C$6.4 million, reflecting a 140% increase compared to C$2.7 million from 2025.   The expected increased revenues reflect the contribution of the Insentra acquisition and continued expansion of TTGI’s core operations. Gross profit increased to approximately C$2.2 million compared to C$1.5 million from 2025, while gross margin decreased to 33.7% from 54.1%, primarily due to the integration of Insentra, where roughly 46% of its revenues are derived from professional services, due to seasonality impacts on billable hours during holiday periods. For the third quarter ending June 30, 2026, management currently expects revenue in the range of approximately C$7.0 million to C$7.5 million, with an anticipated gross margin between 35% and 45%.    **About Turnium Technology Group Inc.****** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. TTGI is focused on building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:****** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _ **CAUTION REGARDING PRE-RELEASED FINANCIAL INFORMATION** This press release contains certain pre-released second quarter and third quarter financial information. The second quarter and third quarter financial information contained in this press release are preliminary and unaudited and represent the most current information available to the Company’s management, as financial closing procedures for the three months ended March 31, 2026 and June 30, 2026 are not yet complete. The Company’s actual interim financial statements for such periods will be filed with the applicable Canadian securities administrators on its profile on SEDAR+ at https://www.sedarplus.ca/ and may result in material changes to the financial information summarized in this press release as a result of the completion of normal quarterly accounting procedures and adjustments, and also what one might expect to be in the final interim financial statements for such periods based on the financial information summarized in this press release. Although the Company believes the expectations reflected in this press release are based upon reasonable assumptions, the Company can give no assurance that actual results will not differ materially from these expectations.  **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements include, but are not limited to, statements relating to: future financial and operating results, including expectations regarding estimated and projected revenues, gross profits and gross margin; the expected or actual benefits of the Insentra acquisition and continued expansion of its core operations; and TTGI’s plans, expectations, business, projections, operations and growth, including in connection with the Insentra acquisition. The forward-looking statements reflect TTGI’s beliefs and assumptions with respect to, among other things, TTGI’s ability to obtain the anticipated benefits from the Insentra acquisition and continued expansion of its core operations; TTGI’s ability to integrate the assets acquired; future market conditions; future growth in the TaaS market; the accuracy of financial and operational projections of TTGI; TTGI’s future operating and financial results; the ability to meet capital raising and investment targets; future demand for TTGI’s services; that all required regulatory approvals can be obtained on the necessary terms in a timely manner; and the prevailing regulatory and tax laws and regulations.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks include, but are not limited to: risks inherent to TTGI’s business generally and relating to historical and future financial results as it relates to TTGI’s financial condition or results; TTGI’s ability to meet capital raising and investment targets; the effect of reductions or increases in TTGI’s borrowing costs; exposure to counterparties and partners, including ability and willingness of such parties to satisfy contractual obligations in a timely manner; future capital expenditures; demand for TTGI’s services; the development and execution of the TTGI’s plans; the availability and cost of labour, materials, services and infrastructure; applicable laws and government policies; and the risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the Company’s most recent Management’s Discussion and Analysis for the twelve months ended September 30, 2025 and 2024.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "TTGI Subsidiary Secures Microsoft 365 Governance and Data Transformation Engagement with U.S. Enterprise Customer" url: "https://ttgi.io/ttgi-subsidiary-secures-microsoft-365-governance-and-data-transformation-engagement-with-u-s-enterprise-customer/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Engagement supports information architecture, compliance, and pilot deployment across Microsoft 365   April 27, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider" last_modified: "2026-04-27T14:26:53+00:00" categories: [Press] --- # TTGI Subsidiary Secures Microsoft 365 Governance and Data Transformation Engagement with U.S. Enterprise Customer #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/04/TTGI_US-Enterprise-Customer_Energy-Services_Apr272026_VFF.pdf)   Engagement supports information architecture, compliance, and pilot deployment across Microsoft 365   **April 27, 2026 –** Vancouver, Canada **–** **Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (**“TTGI”** or the **“Company”**), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, today announced that its subsidiary Insentra has secured a strategic six figure engagement with a US-based enterprise energy services organization reflecting the Group’s capabilities to deliver complex, partner-led technology solutions at scale. The scope of the engagement includes: information architecture design, governance framework development, and pilot deployment including migration blueprint validation. The technologies involved include: Microsoft 365 (SharePoint, Teams, OneDrive), Microsoft Purview, Varonis, and Power Automate. This engagement reflects: - TTGI’s ability to execute complex enterprise transformations involving legacy data environments and governance modernization; - Ongoing demand for integrated, multi-technology solutions spanning data discovery, compliance, and cloud collaboration platforms; - Strength of the Company’s partner ecosystem, with partner-led engagement and specialist delivery; and Increasing enterprise focus on governance and data readiness as a precursor to AI and advanced analytics adoption.   While specific financial terms were not disclosed, the engagement is consistent with the Company’s focus on: - Recurring revenue opportunities through subsequent phases including broader migration and governance expansion;   - Expansion within enterprise customers via phased delivery starting with pilot and blueprint;   - Long-term partner-led delivery models aligned to TTGI’s channel-first strategy; and   - Multi-phase transformation engagements that extend into advisory, professional, and managed services.   Ronnie Altit, Senior Vice President of Sales & Marketing at TTGI, said, “This engagement reflects a growing shift in the market. Organizations are prioritizing governance, data visibility, and risk management upfront to ensure long-term success. What stands out here is the partner-led model combined with specialist execution. That’s where TTGI continues to win by bringing together the right ecosystem to solve complex enterprise challenges in a structured way.” Doug Childress, Chief Executive Officer of TTGI, said, “This engagement demonstrates the strength of our operating model and the demand for our Technology-as-a-Service platform. By working through our partners and delivering specialized capabilities through our subsidiaries, we are able to support enterprise customers in tackling complex transformation programs while creating a pathway for long-term, recurring revenue.” **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialised Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, security, and end-user computing. For more information, visit [www.insentra.com.au](http://www.insentra.com.au).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. TTGI is focused on building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:****** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Turnium Technology Group Announces Closing of Shares-for-Debt Transaction" url: "https://ttgi.io/turnium-technology-group-announces-closing-of-shares-for-debt-transaction/" lang: "en-US" type: "post" description: "April 22, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce that, further to the Company's news" last_modified: "2026-04-22T12:21:26+00:00" categories: [Press] --- # Turnium Technology Group Announces Closing of Shares-for-Debt Transaction **April 22, 2026** **–** Vancouver, Canada **–** **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce that, further to the Company’s news release dated March 17, 2026, the Company has completed its previously announced Shares-for-Debt settlement (the “**Debt Settlement**“). Pursuant to the Debt Settlement, the Company has issued 5,163,750 of the Company’s Common shares (“**Shares**“) at a deemed price of $0.10 per Share. The shares for debt represent the full and final settlement of outstanding indebtedness in the amount of $516,375.  The Shares-for-Debt Transactions are being undertaken by the Company in order to preserve cash and strengthen its balance sheet. The Shares issued pursuant to the Shares-for-Debt Transactions will be subject to a statutory hold period of **four months and one day** from the date of issuance in accordance with applicable securities laws and TSX Venture Exchange (“**TSXV**“) policies. The debt settlement will be a “related party transaction” under Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument 61-101. The debt settlement to insiders and former insiders in the amount of $464,375, resulting in 4,643,750 Common shares being issued to insiders, received disinterested shareholder approval on March 13, 2026 at the Company’s annual Shareholder meeting, and approval from the TSXV on April 21, 2026.   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:****** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "TTGI Subsidiary Insentra Consultant Named to Inaugural IGEL Technology Professional Global Cohort" url: "https://ttgi.io/ttgi-subsidiary-insentra-consultant-named-to-inaugural-igel-technology-professional-global-cohort/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Recognition highlights technical leadership within the IGEL ecosystem and reinforces Insentra’s role in supporting TTGI’s global partner-led services platform   April 20, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE:" last_modified: "2026-04-20T13:57:33+00:00" categories: [Press] --- # TTGI Subsidiary Insentra Consultant Named to Inaugural IGEL Technology Professional Global Cohort #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/04/TTGI_Insentra-Consultant-Named-Inaugural-Igel-Tech-Professional_Apr202026_VFF.pdf)   Recognition highlights technical leadership within the IGEL ecosystem and reinforces Insentra’s role in supporting TTGI’s global partner-led services platform   **April 20, 2026 –** Vancouver, Canada **–** **Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (**“TTGI”** or the **“Company”**), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, today announced that Brian Riegels-Morgan, Senior Consultant, End User Computing (EUC) at Insentra, a TTGI company, has been named to the inaugural 2026 class of IGEL Technology Professionals (ITP). Riegels-Morgan, is one of just two Asia-Pacific inductees in the program’s first cohort. The IGEL Technology Professional program was first introduced in November 2025, with its inaugural class revealed at the recent Now & Next® Conference in Miami. The program recognises the technical community members who serve as lighthouses for their peers, sharing knowledge, publishing guides, contributing code, and answering questions across IGEL’s global community, blog ecosystem, and partner events. Selection for the inaugural class reflects consistent, substantive contribution over time rather than a single moment of visibility **Strengthening Technical Leadership Within the IGEL Ecosystem** Riegels-Morgan has been an active contributor within the IGEL community, supporting partners and customers through technical guidance, community engagement, and hands-on delivery of complex end user computing environments across Australia and the broader Asia-Pacific region. Allen Furmanski, Director of Product Marketing, IGEL Technology, commented that, “The IGEL Technology Professional program exists to honour the people who keep the lights burning for the rest of our community. Brian Riegels-Morgan exemplifies everything we hoped to recognise with this award deep technical expertise, a genuine commitment to helping others, and a track record of contribution that stretches well beyond his day-to-day role. We are proud to welcome him to the inaugural ITP class and proud to have Insentra represented in this cohort.” “Being named to the inaugural IGEL ITP class is a privilege”, said Brian Riegels-Morgan, Senior Consultant, EUC, Insentra. “The IGEL community is built on open knowledge sharing and collaboration, and I’m proud to contribute while representing Insentra and the Asia-Pacific region globally.” Doug Childress, Chief Executive Officer of TTGI, said, “This recognition highlights the strength of the technical capability within Insentra and its importance to the broader TTGI platform. Recognition from partners such as IGEL reinforces the value of specialised expertise in supporting enterprise technology adoption. Insentra continues to play an important role in enabling partners to deliver modern workplace solutions at scale, and we are pleased to see this capability recognised at a global level.” **Supporting TTGI’s Global Technology Platform** Insentra forms part of TTGI, a global Technology-as-a-Service (TaaS) company delivering secure networking platforms, software-defined infrastructure, and specialised IT services through channel partners worldwide. TTGI’s portfolio includes Turnium, Insentra, and Claratti, providing solutions that enable organisations to securely connect users, applications, and data across distributed environments. This recognition highlights the continued development of TTGI’s technical capabilities and reinforces the Company’s strategy of delivering high-value services through a partner-led model. As demand for secure digital workspaces and cloud-delivered infrastructure continues to grow, the Company believes Insentra is well positioned to support partners and customers within the IGEL ecosystem and broader enterprise IT market. Insentra, master distributor of IGEL in Australia and New Zealand, delivers advisory, professional, and managed services across end user computing, Microsoft 365, and cloud workspace environments. Brian Riegels-Morgan’s recognition reinforces Insentra’s standing as a centre of EUC expertise in the Asia-Pacific region and highlights the calibre of technical talent the firm brings to its clients and the broader technology community. The full 2026 ITP cohort is available at [www.igel.com/itp/awardees](https://www.igel.com/itp/awardees/).   **About IGEL****** IGEL is a global leader in secure endpoint delivery and provider of the IGEL Secure Endpoint OS Platform. Designed for SaaS, DaaS, VDI, and secure browser environments, IGEL OS enables hybrid work, accelerates cloud adoption, and enforces Zero Trust across IT and OT environments. Founded in 2001 in Bremen, Germany, IGEL operates a technology ecosystem of more than 100 IGEL Ready partners across over 50 countries. For more information, visit [www.igel.com](http://www.igel.com). **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialised Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, security, and end-user computing. For more information, visit [www.insentra.com.au](http://www.insentra.com.au).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its  partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formely Twitter) @turnium.   **TTGI Contact:****** Chairman: Ralph Garcea Email: [ralph.garcea@ttgi.io](mailto:ralph.garcea@ttgi.io) Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _ **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Order Request" url: "https://ttgi.io/order-request/" lang: "en-US" type: "page" last_modified: "2026-04-13T07:33:31+00:00" --- # Order Request --- --- title: "TTGI Announces Non-brokered Private Placement" url: "https://ttgi.io/ttgi-announces-non-brokered-private-placement/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   March 31, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-only IT services, announces that it intends" last_modified: "2026-03-31T21:06:08+00:00" categories: [Press] --- # TTGI Announces Non-brokered Private Placement #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/TTGI_Announces-NBPP_Mar312026_VFF-.pdf)   **March 31, 2026** – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-only IT services, announces that it intends to proceed with a non-brokered private placement (the “**Offering”**) of up to 85,714,285 units (each a “**Unit**”) at a subscription price of C$0.07 per Unit, for aggregate gross proceeds of up to C$6,000,000. Each Unit will consist of one common share (each a “**Unit Share**”) and one-half of one common share purchase warrant (each a “**Warrant**”).  Each whole Warrant will entitle the holder to purchase one common share in the capital of the Company at an exercise price of C$0.10 per common share, for a period of three years from the date of issuance. Completion of the Offering is subject to the approval of the TSX Venture Exchange (the “**TSXV**”). The Units will be issued pursuant to exemptions from the prospectus requirements in accordance with National Instrument 45-106 – _Prospectus Exemptions_.   The securities issued pursuant to the Offering will be subject to a hold period of four months plus one day from the date of issuance. Insiders may participate in the Offering, and details of any insider participation will be announced at a later date, as applicable. The Company intends to use the net proceeds from the Offering to retire certain debt facilities (~C$2,500,000), and for working capital purposes (~C$3,500,000) related to several growth initiatives, including strategic partnerships, sales and marketing, and the rollout of NexNet SD-WAN and Insentra services to our 280+ partner channel. In connection with the Offering, the Company may pay finder’s fees of up to 7% in cash and 7% in finders’ warrants to eligible finders, as permitted by the policies of the TSXV.  The Offering may close in multiple tranches, and is anticipated to be completed on or around April 30, 2026. The Units have not been and will not be registered under the United States Securities Act of 1933, as amended (the “**U.S. Securities Act**”), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the “United States” or “U.S. persons” (as such terms are defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or compliance with an exemption from such registration requirements.  This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction.   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:****** Chairman: Ralph Garcea  Email: ralph.garcea@ttgi.io   Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/), [www.insentragroup.com](http://www.insentragroup.com)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. ___ **FORWARD-LOOKING INFORMATION** Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the terms and conditions of the Offering, including receipt of necessary regulatory approval; and the closing of the Offering. Often, but not always, forward-looking statements or information can be identified by the use of words such as “anticipate”, “believe”, “continue”, “expect”, “intend”, “may” or “will” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks relating to the receipt of all requisite regulatory approvals for the Offering; changes in interest and currency exchange rates; risks relating to unanticipated operational difficulties; changes in general economic conditions or conditions in the financial markets; changes in laws; the ability to obtain financing as required; and other risk factors as detailed from time to time in the Company’s Management Discussion and Analysis dated December 31, 2025 and other documents available under the Company’s profile at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   **_NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_**   --- --- title: "TTGI Establishes New Group-level Marketing Function and Appoints Vice President" url: "https://ttgi.io/ttgi-establishes-new-group-level-marketing-function-and-appoints-vice-president/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Susanne King appointed to coordinate marketing and communications across TTGI and its subsidiaries.   March 26, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a" last_modified: "2026-03-26T12:59:21+00:00" categories: [Press] --- # TTGI Establishes New Group-level Marketing Function and Appoints Vice President #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/TTGI_VP-Marketing_Mar262026_VF.pdf)   Susanne King appointed to coordinate marketing and communications across TTGI and its subsidiaries.   **March 26, 2026** – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-only IT services, today announced the establishment of a group-level marketing function to support coordination across its operating subsidiaries and the appointment of Susanne King as Vice President of Marketing.  The role has been established to align marketing, communications and partner engagement activities across TTGI’s portfolio, including Insentra, Turnium and Claratti, as the Company continues to operate across multiple technologies, services and partner environments. Ms. King previously served as Chief Marketing Officer at Insentra until 2021 and has been appointed to this newly established group-level role at TTGI. The Vice President of Marketing role is intended to support consistency in how the Company’s capabilities are presented and engaged through its global partner ecosystem. TTGI operates a partner-only model in which its subsidiaries deliver networking, communications and IT services capabilities through technology partners rather than contracting directly with end customers. As the Company integrates multiple businesses under its Technology-as-a-Service (TaaS) strategy, the coordination of marketing and partner engagement activities across these entities is relevant to how the platform is presented and engaged by partners. Doug Childress, Chief Executive Officer of TTGI, said, “As the Company continues to operate across multiple subsidiaries and partner environments, establishing a coordinated approach to how we engage with partners and present our capabilities becomes increasingly important. This role is intended to support alignment across the group, ensuring that our platform is communicated consistently as we continue to integrate our operating businesses.” Susanne King, Vice President of Marketing at TTGI, said, “The structure of the business today brings together multiple operating companies and a broader set of capabilities delivered through partners. The focus of this role is to ensure those capabilities are clearly represented across the group, making it easier for partners to understand how they engage with and utilise the platform across different technologies and services.” Ms. King brings significant experience in B2B technology marketing, with a focus on partner-led go-to-market strategies, global brand positioning, and demand generation across IT services and software environments. She previously served as Chief Marketing Officer at Insentra, where she led the company’s global marketing function and supported partner engagement across multiple regions. Her experience includes developing and executing marketing programs within cloud, managed services, and enterprise IT environments, with an emphasis on aligning marketing strategy to partner ecosystems and supporting scalable growth across international markets. The Company operates across multiple subsidiaries delivering software-defined networking (Turnium), unified communications (Claratti), and IT services (Insentra) through a global partner ecosystem. The establishment of a group-level marketing function reflects the Company’s current operating structure and is intended to support coordination across these activities as part of its ongoing operations.   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X (formerly Twitter) @turnium.   **TTGI Contact:****** Chairman: Ralph Garcea  Email: ralph.garcea@ttgi.io   Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/), [www.insentragroup.com](http://www.insentragroup.com)     **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "TGI Positioned to Capture Growing Microsoft 365 Compliance Opportunity as Regulatory Pressure Increases Across Public Sector" url: "https://ttgi.io/tgi-positioned-to-capture-growing-microsoft-365-compliance-opportunity-as-regulatory-pressure-increases-across-public-sector/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   TTGI’s global TaaS strategy aligned to capitalize on the emerging Microsoft 365 compliance opportunity being driven by a “perfect storm” of AI adoption, regulatory enforcement, and platform consolidation, creating a multi-billion-dollar market where compliance" last_modified: "2026-03-20T12:37:46+00:00" categories: [Press] --- # TGI Positioned to Capture Growing Microsoft 365 Compliance Opportunity as Regulatory Pressure Increases Across Public Sector #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/TTGI_Growing-Microsoft-365-Compliance_Mar202026_VF.pdf)   TTGI’s global TaaS strategy aligned to capitalize on the emerging Microsoft 365 compliance opportunity being driven by a “perfect storm” of AI adoption, regulatory enforcement, and platform consolidation, creating a multi-billion-dollar market where compliance is now a prerequisite for AI readiness rather than a back office function   **March 20, 2026 **– Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel only IT services, today highlighted its strategic positioning to address a rapidly expanding market opportunity emerging from increasing regulatory pressure and the accelerating need for governance within Microsoft 365 environments. Recent regulatory developments, including the introduction of the Public Records Act 2023 (PRA 2023) in Queensland, Australia, are intensifying focus on how government agencies manage, retain, and dispose of information across modern cloud platforms. As adoption of Microsoft 365 continues to scale globally, organisations are facing increasing complexity in governing data across distributed environments such as Teams, SharePoint and OneDrive. TTGI, through its global services business Insentra, is supporting organisations in addressing these challenges by implementing governance frameworks directly within Microsoft 365 environments, enabling improved audit readiness, reduced data risk, and ongoing lifecycle management of information assets. The Microsoft 365 compliance market is undergoing accelerated expansion, driven by the convergence of AI adoption, tightening global regulatory enforcement and the consolidation of governance capabilities within Microsoft Purview.  The global compliance software market is estimated at approximately $68.4 billion in 2026, while Microsoft’s Productivity and Business Processes segment, which includes Microsoft 365, generated approximately $77.8 billion in revenue in 2025, underscoring the scale of the platform opportunity.  As organisations transition from E3 to E5 and the emerging E7 “Frontier Suite” licensing, compliance is becoming a primary driver of platform uplift. The deployment of AI tools such as Copilot further amplifies demand, as organisations must first establish data governance, classification and lifecycle controls before enabling AI at scale. This dynamic is driving increased advisory, implementation and managed services demand, with **Partners able to generate significant downstream services revenue, estimated at up to $6.26 for every $1 of Microsoft software**, through ongoing compliance, risk, and governance programs. Doug Childress, Chief Executive Officer of TTGI, said, “Regulatory change is fundamentally reshaping how organisations manage information. What was once policy driven is now an operational requirement inside cloud platforms, creating a significant and recurring services opportunity aligned to our Technology-as-a-Service model. Importantly, compliance is no longer just about risk mitigation. It is becoming the foundational layer required to safely adopt AI. Organisations cannot move forward with tools like Copilot without first establishing governance guardrails, and this is where we see a long-term, scalable opportunity for TTGI.” The Company believes that rising regulatory scrutiny, combined with continued adoption of Microsoft 365 and the launch of Microsoft 365 E7 is accelerating demand for scalable, repeatable solutions delivered via partner ecosystems across government and enterprise. Ben Skeggs, Solution Manager at Insentra, said, “Many organisations assume their information is governed once it’s in Microsoft 365, but in reality, visibility and control are often fragmented across Teams, SharePoint and OneDrive. We’re seeing increasing pressure from audit, privacy and RTI requirements, and organisations need practical, in-platform approaches to manage information lifecycle at scale.” **Scaling Through the Global Partner Ecosystem** TTGI’s operating model, leveraging global delivery capability and strategic vendor relationships, positions the Company to address this demand across multiple regions and sectors. Insentra has developed a structured and repeatable approach to information governance transformation, including: - Assessment of compliance gaps - Implementation of governance controls within Microsoft 365 - Reduction of redundant, obsolete and trivial (ROT) data - Ongoing lifecycle management of information assets This model is designed to scale across public sector organisations, including local government, state agencies, and regulated industries. “We are seeing consistent demand from our Partners, whose clients are seeking practical, in-platform approaches to governance” said Ronnie Altit, Senior VP Sales and Marketing at TTGI. “Our focus is on enabling clients to operationalise compliance within Microsoft 365 while maintaining usability and productivity.” This alignment between regulatory compliance and platform readiness is creating a scalable opportunity as organisations seek to adopt higher value Microsoft 365 capabilities such as Copilot, AI agents and advanced analytics. By helping customers establish compliant, audit-ready information lifecycles, TTGI is positioning itself at the foundation of AI adoption while enabling our Partners to expand into high-margin, recurring compliance and governance revenue streams, reinforcing the Company’s long-term strategy of building a scalable global partner-lead TaaS platform.   **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialised Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, cybersecurity, and end-user computing. For more information, visit [www.insentra.com.au](http://www.insentra.com.au).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on Twitter @turnium.   **TTGI Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "TTGI Insentra Expands U.S. Partner Services as Demand Surges for Microsoft AI and Security Expertise" url: "https://ttgi.io/ttgi-insentra-expands-u-s-partner-services-as-demand-surges-for-microsoft-ai-and-security-expertise/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Phoenix-based leadership outlines its vision for scaling partner growth and support across the U.S. under the TTGI platform   March 18, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)" last_modified: "2026-03-18T12:38:18+00:00" categories: [Press] --- # TTGI Insentra Expands U.S. Partner Services as Demand Surges for Microsoft AI and Security Expertise #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/TTGI-US-AI-Expansion_Mar182026_VFF-Clean.pdf)   Phoenix-based leadership outlines its vision for scaling partner growth and support across the U.S. under the TTGI platform__   **March 18, 2026 **– Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, today announced its wholly owned subsidiary Insentra TTGI US LLC (“Insentra”) is expanding its partner services across the United States (U.S.) as demand accelerates among Managed Service Providers (MSPs) and Independent Software Vendors (ISVs) seeking specialist expertise to deliver increasingly complex Microsoft AI and security solutions. Operating exclusively through the IT channel, Insentra works through a growing ecosystem of partners including MSPs, Value-Added Resellers (VARs), telecommunications providers, systems integrators, and ISVs. The company enables partners to deliver advanced Microsoft services and solutions without the need to build large internal specialist engineering teams. As organizations rapidly adopt artificial intelligence technologies and strengthen cybersecurity frameworks, many partners are looking for flexible ways to expand their service capabilities while maintaining full ownership of the customer relationship. Jody Elkins, President – U.S. at Insentra, said “Demand from partners across the U.S. continues to accelerate, with further growth expected following the launch of Microsoft’s Agent365 platform. Partners are being asked to deliver increasingly complex Microsoft solutions and keep pace with the rapidly evolving AI landscape. However, many don’t want to scale large specialist engineering teams internally. Insentra enables partners to extend their capabilities while maintaining full ownership of the customer relationship. Our role is to provide the expertise behind the scenes so partners can deliver exceptional outcomes for their customers.” The company’s expansion in the U.S. is supported by its integration into **TTGI’s global technology platform**, providing additional scale and alignment as Insentra continues to grow its partner ecosystem. “Being part of TTGI gives us the platform to accelerate our growth while staying focused on our partner-only model,” Elkins added. “The opportunity in the U.S. market is significant as partners look for trusted expertise to help them deliver the next generation of Microsoft AI and security services.” Insentra operates across North America, EMEA, and Asia-Pacific, supporting partners delivering Microsoft cloud, security, and infrastructure solutions through its global delivery model. With demand for specialist services continuing to rise, the U.S. is expected to remain a key driver of Insentra’s next phase of global growth. **Strengthening the Global Partner Ecosystem** As artificial intelligence becomes a central driver of enterprise technology adoption, Insentra is focused on strengthening its global partner ecosystem by helping channel partners deliver Microsoft AI solutions with greater confidence and technical depth. Many Managed Service Providers, Value-Added Resellers, and Independent Software Vendors are seeing increasing customer demand for AI-enabled productivity, automation, and data-driven insights. However, deploying these technologies often requires specialized skills across cloud architecture, security, data governance, and AI implementation. Through its partner-only model and global delivery capability, Insentra works alongside partners to provide the specialist expertise required to design, implement, and support advanced Microsoft AI and security solutions. This approach enables partners to expand their service offerings, accelerate innovation, and capture new opportunities in the rapidly evolving AI services market while maintaining full ownership of the customer relationship.   **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialised Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, cybersecurity, and end-user computing. For more information, visit [www.insentra.com.au](http://www.insentra.com.au).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on Twitter @turnium.   **TTGI Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)     **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Turnium Technology Group Announces the Closing of the Sale of its TNET Division" url: "https://ttgi.io/turnium-technology-group-announces-the-closing-of-the-sale-of-its-tnet-division/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   March 18, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or “the Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce" last_modified: "2026-03-18T11:18:08+00:00" categories: [Press] --- # Turnium Technology Group Announces the Closing of the Sale of its TNET Division #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/TTGI-Closing-TNET-Sale_Mar182026_VF.pdf)   **March 18, 2026 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**TTGI**” or “**the Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to announce that the Company and its subsidiary, Tenacious Networks Inc. (**“TNET”**), have closed the transaction previously announced pursuant to the definitive asset purchase agreement (the “**APA**”) dated February 27, 2026 with Tenacious Services Inc. (the **“Purchaser”**) and have sold  the business carried on by TNET of providing information technologies consulting, support, service delivery, equipment, managed services, Microsoft licensing and hosted voice services in British Columbia and parts of the United States (the **“TNET Division”**) to the Purchaser (the “**Transaction**”)**. **   In accordance with the Transaction, Purchaser acquired substantially all of the assets and contractual commitments of the TNET Division and assumed their related liabilities as at the closing and thereafter.  The Company believes that the residual assets and liabilities that will remain with TNET will not be material, and the Company anticipates that it will wind up the operations of TNET in due course during its fiscal year for 2026. The consideration paid by the Purchaser to TNET and the Company is approximately $496,460: - settlement in full, by way of release and discharge, any and all obligations of the Company and TNET to Purchaser, including but not limited to the outstanding indebtedness of $197,257.21 for principal and accrued interest under the original indebtedness owed by the Company to the Purchaser relating to the original purchase by the Company of the TNET Division from the Purchaser in February 2021;  - the assignment of 3,171,958 common shares in the capital of the Company (the “**Original Consideration Shares”**) to TNET (the value ascribed to the Original Consideration Shares is $285,476.22, being the market value at the execution of the APA), which shares were originally issued to the Purchaser by the Company in connection with the original purchase by the Company of the TNET Division from the Purchaser in February 2021; and - $13,727.83 to TNET in connection with certain termination fees for previously leased premises relating to the TNET Division.  The Transaction constitutes a non-arm’s length transaction within the meaning of the policies of the TSXV, given that Aaron Patton is the sole shareholder of the Purchaser and also the President of the TNET Division. As a result, the completion of the Transaction is subject to the approval of the TSXV.  No finder’s fees are payable in connection with the Transaction. Both the Purchaser and Aaron Patton are not a “related party” to the Company as defined under MI 61-101 as Aaron Patton is not a director or officer of the Company and the Purchaser owns less than 2% of the outstanding common shares of the Company.  No current director or officer of the Company has any direct or indirect beneficial interests in Tenacious Services Inc. or in the proposed Transaction other than as acting as a director or officer of the Company. No securities have been issued by the Company pursuant to the Transaction, and the Original Consideration Shares assigned to TNET shall thereafter be assigned to the Company and returned to treasury for cancellation. The acquisition of the Original Consideration Shares qualifies as an “Exempt Issuer Bid” under Section 4.7 of NI 62-104 as (i) the Original Consideration Shares are beneficially owned by Aaron Patton, who is the current President of TNET through a services agreement between the Company and the Purchaser; (ii) the value ascribed to the Original Consideration Shares is $285,476.22, being the market value at the execution of the APA); (iii) the Original Consideration Shares will not exceed 5% of the common share of the Company; and (iv) the Company has not relied upon this exemption for the last 12 months prior to the Transaction.    The TSXV has conditionally accepted the Transaction, subject to final approval of the TSXV upon issuance of its bulletin with respect to this Transaction.   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global, partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on X @turnium.   **TTGI Contact:****** Investor Relations: Bill Mitoulas Email: investor.relations@ttgi.io  Telephone: +1 416-479-9547  Media inquiries: please email media@ttgi.io Sales inquiries: please email sales@ttgi.io  www.ttgi.io, www.turnium.com, www.claratti.com    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information ****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. . Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces AGM Results" url: "https://ttgi.io/turnium-technology-group-announces-agm-results/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   March 17, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“TTGI” or the “Company”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to report" last_modified: "2026-03-18T00:29:59+00:00" categories: [Press] --- # Turnium Technology Group Announces AGM Results #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/TTGI-AGM-Results_Mar172026_VF.pdf)   **March 17, 2026** – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, is pleased to report that the Company held its annual general meeting of shareholders (the “**AGM**“) on March 13, 2026. A total of 62,198,373 of TTGI’s common shares were voted at the AGM, representing 32.79% of the Company’s issued and outstanding common shares. All votes cast at the meeting were 100% in support of all director candidates. At the AGM, Ralph Garcea, Doug Childress, Jim Lovie, Craig Pentland and Paul Pagliaro have been elected to the board of directors of TTGI. Shareholders also approved fixing the number of directors at five (5), and the appointment of Zeifmans LLP as auditors of the Company. In addition, shareholders approved: (i) the Company’s adoption of the Company’s Omnibus Equity Incentive Plan, and (ii) the Company’s proposal of a Shares-for-Debt offering to certain Insiders for outstanding debt in the amount of 5,353,750 common shares of the Company (“Shares”) at a price of $0.10 per Share for aggregate gross proceeds of CAD $535,375. The amount of the debt held by insiders or Former insiders (the “Insiders”) is CAD $464,375** **resulting in 4,643,750 Common shares to be issued to Insiders. (the “Insider Debt Transaction”). The Shares-for-Debt Transactions are being undertaken by the Company in order to preserve cash and strengthen its balance sheet. The Shares issued pursuant to the Shares-for-Debt Transactions will be subject to a statutory hold period of **four months and one day** from the date of issuance in accordance with applicable securities laws and TSX Venture Exchange (“**TSXV**“) policies. The debt settlement will be a “related party transaction” under Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The debt settlement is exempt from the minority approval and formal valuation requirements of MI 61-101 pursuant to subsections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the debt, nor the fair market value of the shares to be issued in settlement of the debt, exceeds 25% of the Company’s market capitalization. Following the AGM, the directors reappointed Doug Childress as Chief Executive Officer, and Konstantin Lichtenwald as Chief Financial Officer.   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on Twitter @turnium.   **TTGI Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "TTGI Provides a Corporate Update Post the Acquisition of Insentra" url: "https://ttgi.io/ttgi-provides-a-corporate-update-post-the-acquisition-of-insentra/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Highlights: TTGI’s enhances its ability to deliver integrated solutions across its portfolio of companies, which now includes Turnium, Claratti, and Insentra, creating a more comprehensive Global Services Platform - supporting secure networking, cloud infrastructure," last_modified: "2026-03-16T12:54:49+00:00" categories: [Press] --- # TTGI Provides a Corporate Update Post the Acquisition of Insentra #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/TTGI_Insentra-Post-Acquisition-Strategy_Mar162026_VFF.pdf)   **_Highlights:_****__** - TTGI’s enhances its ability to deliver integrated solutions across its portfolio of companies, which now includes **Turnium, Claratti, and Insentra,** creating a more comprehensive Global Services Platform – supporting secure networking, cloud infrastructure, and specialised IT services - TTGI’s strengthens its global partner ecosystem and establishes a wider delivery presence across the North American, European, and Asia Pacific Regions - **_Acquisition increases TTGI’s Annualized Revenue Run-Rate from ~$7M to ~$30M _****__**   **March 16, 2026** – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**TTGI**” or the “**Company**”), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, announced the successful completion of its previously announced acquisition of **Insentra**, a globally recognised partner-only IT services organisation. The acquisition represents a significant milestone in TTGI’s strategy to build a **global platform of specialised technology companies operating through the IT channel**. Following completion of the transaction, TTGI’s **combined annualised revenue run-rate increases from ~$7 million to ~$30 million**, reflecting the scale of Insentra’s global services business and the strength of the combined partner ecosystem.   _   The acquisition also significantly expands TTGI’s operational capabilities, increasing the Company’s global workforce from **45 professionals to more than 150 specialised technology experts** across North America, the United Kingdom, and Australia, with extended reach throughout the Asia Pacific region. **Strengthening TTGI’s Global Technology Services Platform** Founded in Sydney, Australia, Insentra has built a strong reputation for delivering specialised advisory, professional, and managed services to enterprise organisations through a **100% channel-only services model**. Unlike traditional IT services providers, Insentra **does not sell directly to end customers**, instead it focuses on working exclusively through technology partners to deliver complex solutions across areas including: - Artificial intelligence and data - Modern workplace and end user computing  - Cloud and infrastructure  - Cybersecurity and Identity Management  - Managed Services and Operational Support  This model enables technology partners to rapidly scale their services capabilities while maintaining direct ownership of the client relationship. By integrating Insentra into the TTGI platform, the Company significantly strengthens its ability to support partners globally with a broader portfolio of services and technical expertise. The acquisition also enhances TTGI’s ability to deliver integrated solutions across its portfolio of companies, which now includes **Turnium, Claratti, and Insentra,** creating a more comprehensive platform supporting secure networking, cloud infrastructure, and specialised IT services. Doug Childress, Chief Executive Officer of TTGI, said, “The acquisition of Insentra marks a transformative step for TTGI and demonstrates the execution of our strategy to build a global platform of specialised technology companies serving the IT channel. With Insentra joining the group, TTGI now operates with a truly international footprint spanning North America, the United Kingdom, Australia, and the broader Asia Pacific region. Just as importantly, Insentra’s highly respected channel-only services model aligns perfectly with our commitment to enabling partners rather than competing with them. This transaction significantly strengthens our capabilities today while also establishing a strong foundation for future strategic acquisitions that expand the TTGI platform.” Ronnie Altit, Founder of Insentra and now Senior Vice President of Sales & Marketing at TTGI, said, “Insentra has always been built around a simple principle — partners first. Our 100% channel-only model ensures we never compete with the partners we support, allowing them to deliver exceptional outcomes for their customers while leveraging our specialised expertise. Joining TTGI creates new opportunities for our team and our partners as we combine our services capabilities with TTGI’s broader technology platform. Together we can accelerate innovation, expand global delivery, and continue building a partner ecosystem that supports long-term growth.” **Building a Global Platform Through Strategic Acquisitions** The Company believes the addition of Insentra represents an important step in TTGI’s broader strategy of acquiring and integrating specialised technology companies that strengthen its global Technology-as-a-Service (TaaS) platform. By combining complementary software platforms, services capabilities, and partner ecosystems, TTGI aims to create a scalable technology platform capable of supporting IT providers and both small and mid-market enterprise (SME) customers worldwide. The Company continues to evaluate additional opportunities that align with its long-term strategy of building a global portfolio of channel-driven technology businesses.   **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialised Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, cybersecurity, and end-user computing. For more information, visit [www.insentra.com.au](http://www.insentra.com.au).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on Twitter @turnium.   **TTGI Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   (3) **Non-IFRS Financial Measures – Adjusted EBITDA****** Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS financial measures to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors, and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income (loss) before tax excluding depreciation and amortization expense, share based expense, gain/loss on change on fair value of derivatives, loss on debt settlement, government grants, foreign exchange gain/loss, interest and accretion and SRED refund.  Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company’s operations. A reconciliation of adjusted EBITDA to net income (loss) before tax, the most comparable IFRS financial measure, for the years ended September 30, 2025 and 2024, is provided in the Annual Management Discussion and Analysis (“MD&A”) filed under the Company’s SEDAR+ profile at [www.sedarplus.ca](http://www.sedarplus.ca).   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "TTGI Subsidiary Insentra Recognized as IGEL Distributor of the Year Across UKI and APAC Regions" url: "https://ttgi.io/ttgi-subsidiary-insentra-recognized-as-igel-distributor-of-the-year-across-uki-and-apac-regions/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   IGEL’s award highlights the strength of Insentra’s solutions and the benefits to TTGI’s global partner ecosystem and services platform   March 10, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE:" last_modified: "2026-03-10T12:54:00+00:00" categories: [Press] --- # TTGI Subsidiary Insentra Recognized as IGEL Distributor of the Year Across UKI and APAC Regions #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/TTGI_IGEL-Press-Release_Mar102026_VF.pdf)   IGEL’s award highlights the strength of Insentra’s solutions and the benefits to TTGI’s global partner ecosystem and services platform   **March 10, 2026 –** Vancouver, Canada **–** **Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (**“TTGI”** or the **“Company”**), a global provider of Technology-as-a-Service (TaaS) solutions and channel-driven IT services, today announced that Insentra, a TTGI company, has been named IGEL Distributor of the Year for both the United Kingdom & Ireland and Asia Pacific regions for 2025/26. The awards were presented at IGEL’s Global Customer and Partner Conference in Frankfurt, one of the industry’s leading events focused on end-user computing and modern workplace technologies. IGEL’s Distributor of the Year award represents the company’s highest partner recognition and is awarded based on performance across collaboration, innovation, marketing excellence, operational execution, and sales growth. Winning the award across two regions simultaneously is uncommon and reflects Insentra’s strong execution and growing influence within the global partner ecosystem. **Expanding the Global Partner Ecosystem** Insentra has served as IGEL’s Master Distributor for Australia and New Zealand since 2020 and has played an important role in expanding partner engagement and customer adoption across both Asia Pacific and the UK & Ireland. The partnership supports organisations deploying secure, cloud-delivered digital workspaces built on technologies including: - Microsoft Azure Virtual Desktop - Citrix - VMware - IGEL Secure Endpoint OS These platforms enable organisations to deliver secure and scalable modern workplace environments while extending the life of endpoint hardware and strengthening device security. Through its **100% channel-only services model**, Insentra works exclusively with technology partners to deliver specialised advisory, professional, and managed services that enable complex modern workplace deployments at scale. **Leadership Commentary** Darren Fields, Senior Vice President, UK and Asia Pacific at IGEL, said, “Insentra’s recognition reflects the company’s strong execution across multiple markets. Insentra is exactly the kind of distribution partner that turns strategy into execution in the market. Their commitment across both the UKI and APAC regions has been outstanding. They invest deeply in their partners, bring genuine technical expertise, and consistently focus on delivering strong outcomes for customers. Winning Distributor of the Year across two regions is thoroughly deserved recognition.” Ronnie Altit, Senior Vice President Sales and Marketing at Insentra — a TTGI company — said, “The recognition reflects years of focused work building strong partner relationships and technical capabilities. Being recognised as IGEL Distributor of the Year across both UKI and APAC is something our teams should be genuinely proud of. This recognition is earned by consistently supporting our partners and their clients, solving complex challenges, and delivering meaningful outcomes. It reflects the commitment of our global team and the strength of the Insentra partner model.” Doug Childress, Chief Executive Officer of TTGI, said, “The award highlights the strategic value Insentra brings to the TTGI platform. Recognition like this reflects the strength of the ecosystem Insentra has built with partners and vendors globally. Winning IGEL Distributor of the Year across two regions highlights the consistency of execution and the value of a truly channel-only services model. As part of TTGI, Insentra continues to play an important role in enabling partners to deliver modern workplace solutions at scale, and we are proud to see the team recognised on the global stage.” **Supporting TTGI’s Global Technology Platform** Insentra forms part of TTGI, a global Technology-as-a-Service (TaaS) company delivering secure networking platforms, software-defined infrastructure, and specialised IT services through channel partners worldwide. TTGI’s portfolio includes Turnium, Insentra, and Claratti, providing solutions that enable organisations to securely connect users, applications, and data across distributed environments. The recognition highlights the continued expansion of TTGI’s partner ecosystem and reinforces the company’s strategy of building high-value technology platforms supported by specialised services capabilities. With demand for secure digital workspaces and cloud-delivered infrastructure continuing to grow globally, the Company believes Insentra is well positioned to further expand its role within the IGEL partner ecosystem and broader enterprise IT market. **About IGEL** IGEL is a global leader in secure endpoint delivery and provider of the IGEL Secure Endpoint OS Platform. Designed for SaaS, DaaS, VDI, and secure browser environments, IGEL OS enables hybrid work, accelerates cloud adoption, and enforces Zero Trust across IT and OT environments. Founded in 2001 in Bremen, Germany, IGEL operates a technology ecosystem of more than 100 IGEL Ready partners across over 50 countries. For more information, visit [www.igel.com](http://www.igel.com). **About Insentra, a TTGI Company** Insentra is a collaborative IT services partner delivering specialised Advisory, Professional, and Managed Services exclusively through the IT channel. Founded in Sydney, Australia, with offices in the United States and the United Kingdom, Insentra provides partners and their clients with deep expertise across artificial intelligence, modern workplace, cloud, data, security, and end-user computing. For more information, visit [www.insentra.com.au](http://www.insentra.com.au).   **About Turnium Technology Group Inc. (TTGI)** TTGI acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global partner-led program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, TTGI is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, TTGI provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. TTGI delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its  partners and their end-customers—because **_“Connectivity Matters.”_** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on Twitter @turnium.   **TTGI Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _   **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.       --- --- title: "Turnium Announces Execution of Asset Purchase Agreement for the Sale of its TNET Division" url: "https://ttgi.io/turnium-announces-execution-of-asset-purchase-agreement-for-the-sale-of-its-tnet-division/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   The divestiture allows TTGI to concentrate on executing our global, partner-led growth strategy and the next phase of its evolution following the closing of the Insentra acquisition   March 2, 2026 – Vancouver, Canada" last_modified: "2026-03-02T13:37:24+00:00" categories: [Press] --- # Turnium Announces Execution of Asset Purchase Agreement for the Sale of its TNET Division #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/03/Turnium-News-Release-announcing-TNET-APA-Signing_Mar022026_VFF.pdf)   The divestiture allows TTGI to concentrate on executing our global, partner-led growth strategy and the next phase of its evolution following the closing of the Insentra acquisition   **March 2, 2026 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**Turnium**” or “**the Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce that the Company and its subsidiary, Tenacious Networks Inc. (**“TNET”**), have entered into a definitive asset purchase agreement (the “**APA**”) dated February 27, 2026 with Tenacious Services Inc. (the **“Purchaser”**) to sell the business carried on by TNET of providing information technologies consulting, support, service delivery, equipment, managed services, Microsoft licensing and hosted voice services in British Columbia and parts of the USA (the **“TNET Division”**) to the Purchaser (the “**Transaction**”)**. **  The Company originally purchased the TNET Division from the Purchaser and another entity, Thinsolution Inc., in February 2021.  As the Company’s business has evolved, it has classified its TNET Division as a discontinued operation under IFRS 5 Non-Current Assets Held for Sale and Discontinued Operations in Note 27 to its audited financial statements for the year ended September 30, 2025, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca.  By entering into the APA with the Purchaser, the Company is able to dispose of the TNET Division to continue with its current strategy of focusing on scalable, partner-led Technology-as-a-Service solutions and progressing the recently closed acquisition of Insentra, which is expected to further accelerate Turnium’s transition toward a 100% partner-led, wholesale global business model.  Providing that the TNET Division, under the ownership of the Purchaser, will be operated by Aaron Patton, the sole shareholder of the Purchaser, who has been operating the TNET Division as its President through a services agreement since the Company originally acquired it in February 2021.  “On behalf of Turnium, I want to express my sincere gratitude to Tenacious and to Aaron Patton for their commitment and stewardship of the TNET Division over the past several years,” said Doug Childress, Chief Executive Officer of Turnium. “This transaction enables Aaron and his team to continue serving customers with continuity and focus, while allowing Turnium to concentrate on executing our global, partner-led growth strategy and the next phase of our evolution post the closing of the Insentra acquisition.” The Transaction constitutes a non-arm’s length transaction within the meaning of the policies of the TSXV, given that Aaron Patton is the sole shareholder of the Purchaser and also the President of the TNET Division. As a result, the completion of the Transaction is subject to the approval of the TSXV.  No finder’s fees are payable in connection with the Transaction. Both the Purchaser and Aaron Patton are not a “related party” to the Company as defined under MI 61-101 as Aaron Patton is not a director or officer of the Company and the Purchaser owns less than 2% of the outstanding common shares of the Company.  No current director or officer of the Company has any direct or indirect beneficial interests in Tenacious Services Inc. or in the proposed Transaction other than as acting as a director or officer of the Company. Pursuant to the APA, Purchaser will acquire substantially all of the assets and contractual commitments of the TNET Division and assume their related liabilities at the closing and thereafter.  The Company believes that the residual assets and liabilities that will remain with TNET will not be material, and the Company anticipates that it will wind up the operations of TNET in due course during its fiscal year for 2026. The consideration payable by the Purchaser to TNET and the Company is: - settlement in full, by way of release and discharge, any and all obligations of the Company and TNET to Purchaser, including but not limited to the outstanding indebtedness of $197,257.21 for principal and accrued interest under the original indebtedness owed by the Company to the Purchaser relating to the original purchase by the Company of the TNET Division from the Purchaser in February 2021;  - the assignment of 3,171,958 common shares in the capital of the Company (the “**Original Consideration Shares”**) to TNET, which shares were originally issued to the Purchaser by the Company in connection with the original purchase by the Company of the TNET Division from the Purchaser in February 2021; and - $13,727.83 to TNET in connection with certain termination fees for previously leased premises relating to the TNET Division.  No securities will be issued by the Company pursuant to the Transaction, and the Original Consideration Shares assigned to TNET shall thereafter be assigned to the Company and returned to treasury for cancellation. The acquisition of the Original Consideration Shares qualifies as an “Exempt Issuer Bid” under Section 4.7 of NI 62-104 as (i) the Original Consideration Shares are beneficially owned by Aaron Patton, who is the current President of TNET through a services agreement between the Company and the Purchaser; (ii) the value ascribed to the Original Consideration Shares is $285,476.22, being the market value at the execution of the APA); and (iii) the Original Consideration Shares will not exceed 5% of the common share of the Company; (iv) the Company has not relied upon this exemption for the last 12 months prior to the Transaction.    The TSXV has conditionally accepted the Transaction, and the completion of the Transaction remains subject to customary closing conditions, including the final approval of the TSXV.   **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global, partner-led program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on X @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: investor.relations@ttgi.io  Telephone: +1 416-479-9547  Media inquiries: please email media@ttgi.io Sales inquiries: please email sales@ttgi.io  www.ttgi.io, www.turnium.com, www.claratti.com    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information ****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such statements include, among others, statements regarding the Transaction and the terms and consideration payable thereunder, the issuance of securities based compensation and the amounts and terms thereof, the receipt of TSXV approvals, whether Turnium or its business will derive any benefit from the Transaction, Turnium’s business and technology, Insentra’s business and technology, Insentra’s financial data and revenue, and Turnium’s expectations, business, projections, operations and growth in connection with the Transaction. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company and Insentra will not reach a definitive agreement with respect to the transaction, or that the transaction will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSXV). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces Closing of Acquisition of Assets of Insentra Management Services" url: "https://ttgi.io/turnium-technology-group-announces-closing-of-acquisition-of-assets-of-insentra-management-services/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   With the closing of the Transaction, Insentra is expected to provide increased revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team The acquisition continues Turnium’s transformation" last_modified: "2026-02-27T13:13:33+00:00" categories: [Press] --- # Turnium Technology Group Announces Closing of Acquisition of Assets of Insentra Management Services #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/02/TTGI_News-Release-re-Closing-of-Insentra-Acquisition_Feb272026_VFF.pdf)   - _With the__ __closing__ __of__ __the__ __Transaction,__ __Insentra__ __is__ __expected__ __to__ __provide__ __increased__ __revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team_ - _The__ __acquisition__ __continues__ __Turnium’s__ __transformation__ __to__ __a__ __Channel-first__ __model___ - _For__ the twelve months commencing March 1, 2026__,__ __management__ __is__ __providing__ __guidance__ __of__ __C$28M__ __to__ __C$32M__ __in__ __revenue,__ __with__ __an expected__ __gross__ __margin__ __in__ __the__ __range__ __of__ __43%__ __to__ __46%__ __and__ __an__ __adjusted__ __EBITDA__ __in__ __the__ __range of C$2.1M to C$4.1M_**_(1)_****__**   **February 27, 2026 – **Vancouver, Canada **– Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“**Turnium**” or the “**Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce, further to its press releases dated November 10, 2025, December 29, 2025 and February 3, 2026 (the “**Prior Releases**”), that it has completed its acquisition (the “**Transaction**”) of substantially all the assets (the “**Purchased Assets**”) of Insentra Management Services Pty Ltd. (“**Insentra**”) and certain subsidiaries of Insentra (“**Insentra Subsidiaries**”).  Insentra is a private company incorporated under the laws of Australia, specialising in providing Advisory, Professional, Artificial Intelligence and managed IT services and solutions to businesses by exclusively partnering with IT providers. Insentra is headquartered in Sydney, Australia and serves clients globally. The Transaction was completed pursuant to a definitive asset purchase agreement dated February 2, 2026 (the “**Asset Purchase Agreement**”) with Insentra, Insentra Subsidiaries and each of the securityholders of Insentra and Insentra Subsidiaries (the “**Owners**” and collectively, with Insentra and Insentra Subsidiaries, the “**Vendors**”). Certain non-material terms of the Asset** **Purchase Agreement were amended pursuant to an amending agreement between the Company and the Vendors dated December 27, 2025. **Doug Childress, CEO of Turnium, stated, **“The Insentra acquisition is complementary to our growth strategy and our Technology-as-a-Service offering, which management expects could potentially more than triple the size of our business, assuming market conditions remain favourable and all milestones and performance targets are achieved. Both Turnium and Insentra sell to end customers through a channel-led business model, which, combined, will deliver over 280 worldwide partners. With the closing of the Transaction, Insentra is expected to provide increased revenues, increased technical and operational resources and a strong leadership team to help facilitate Turnium achieving its long-term revenue objectives.”  **Ronnie Altit, one of the founders and the CEO of Insentra, stated, **“We are excited to be joining forces with Turnium. For sixteen years, Insentra has been built on trust, enduring relationships and a passion for helping our partners succeed. This transaction enhances the opportunities available to our partners and their clients by providing access to a broader suite of innovative services, while enabling our team to continue doing what we do best: remaining 100% channel only and helping our partners grow. Turnium’s channel approach, combined with its Technology-as-a-Service offering and our channel-only DNA, creates a powerful platform that will unlock meaningful opportunities across our global ecosystem.” Pursuant to the Transaction, as more particularly described in the Prior Releases, the Company has acquired the Purchased Assets in exchange for the following paid to the Owners:    a)   a closing purchase price of approximately C$5,728,344 (the “**Purchase Price**”), comprised of: i)   C$2,144,344 paid through the issuance of 10,721,720 common shares in the capital of the Company (the “**Common Shares**”) at a deemed price of C$0.20 per Common Share (the “**Consideration Shares**”); and ii)   Total cash consideration in the aggregate amount of C$3,584,000, as follows: (A) C$1,000,000 paid at closing; and (B) C$2,584,000 in the form of an unsecured, non-transferable vendor take-back loan, which will be payable to the Owners with interest as follows: (i) C$500,000 by the date that is thirty (30) days following closing; (ii) C$500,000 by the date that is sixty (60) days following closing; and (iii) C$1,584,000 in 20 monthly instalments following closing (with the first instalment commencing on or by April 4, 2026 or as otherwise agreed between the parties). The interest rates payable on each portion will be set at 2% above the Royal Bank of Canada’s prime lending rate, per annum, and will track such rate until the final payment is made on each such portion. In the event of any uncured defaults on any payments, Turnium will pay an additional default interest on the outstanding balance (including accrued interest) at a rate of 1.25% per month on all overdue amounts; and b)   1,188,000 common share purchase warrants of the Company (“**Warrants**”). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of C$0.20 per Common Share for a period of three (3) years following issuance and will vest in equal 1/12th increments over the one (1) calendar year following issuance. In addition to the Purchase Price and Warrants, as more particularly described in the Prior Releases, the Owners will be eligible to receive the following: a)   Potential earn-out payments of up to C$7,250,000, payable to the Owners over two (2) fiscal years following closing, if certain revenue and adjusted EBITDA targets are achieved (the “**Performance Earn Out**”). The Performance Earn Out will be payable sixty (60) per cent in cash and forty (40) per cent through the issuance of Common Shares, being a maximum of 14,500,000 Common Shares. Common Shares issued pursuant to the Performance Earn Out will be issued at a price equal to the greater of C$0.20 or a 25% discount to the 10-day volume weighted average price of the Common Shares on the TSX Venture Exchange (the “**TSXV**”); and b)    Potential EBITDA bonus of up to C$2,000,000, payable to the Owners over two (2) fiscal years following closing, if certain adjusted EBITDA targets are achieved (the “**Bonus**”). The Bonus will be payable sixty (60) per cent in cash and forty (40) per cent through the issuance of Common Shares, being a maximum of 4,000,000 Common Shares. Common Shares issued pursuant to the Bonus will be issued at a price equal to the greater of C$0.20 or a 25% discount to the 10-day volume weighted average price of the Common Shares on the TSXV. The Consideration Shares will be subject to various contractual lock-up restrictions, as follows: (a) 25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is four (4) months after the closing of the Transaction; (b) 25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is six (6) months after the closing of the Transaction; (c) 25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is twelve (12) months after the closing of the Transaction; and (d) 25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is eighteen (18) months after the closing of the Transaction.  The Company expects to grant securities-based compensation to certain new and transferring employees following the closing of the Transaction, once such employees become eligible persons under the Company’s Omnibus Equity Incentive Plan (the “**Plan**”). All such grants will be made in accordance with the terms and conditions of the Plan and the policies of the TSXV.  The Company received final approval of the Transaction from the TSXV prior to closing. The Transaction constitutes an arm’s length transaction within the meaning of the policies of the TSXV, and there are no finder’s fees payable in connection with the Transaction. All securities issued in connection with the Transaction will be subject to a hold period of four months and one day from the date of issuance, as well as the resale and seasoning period rules of the applicable securities legislation.   **I****nsentra Financial Data** The following financial information for Insentra is presented for informational purposes only. This data was obtained from Insentra’s unaudited financial statements, prepared in accordance with the IFRS standard. Turnium has not independently verified this information and assumes no responsibility or liability for any errors or omissions in the accuracy, completeness, or timeliness of the financial data presented herein. Based on Insentra’s financial statements for the fiscal year ended June 30, 2024, Insentra had unaudited (externally prepared) Revenue of C$28.4M, Gross Margin of C$8.9M, and Earnings Before Taxes of (C$82K). The Company commissioned an independent Quality of Earnings report that confirmed Insentra’s results for the fiscal year ended June 30, 2024. Based on Insentra’s financial statements for the fiscal year ended June 30, 2025, and the Quality of Earnings (QoE) analysis of Insentra to June 30, 2025, the trailing twelve months revenue, gross margin and adjusted EBITDA would be C$24.5M, C$7.7M, and (C$1.36M), respectively. The Company is conducting its own audit of the results for Insentra’s financial year ended June 30, 2025, as part of its financial due diligence process. With the closing of the Transaction, for the twelve months commencing March 1, 2026, management of the Company projects C$28M to C$32M in revenue, with an expected gross margin in the range of 43% to 46% and an adjusted EBITDA in the range of C$2.1M to C$4.1M.**(1)******   **About Insentra ** Insentra is a 100% channel-only business, providing a range of Advisory, Professional Services, Artificial Intelligence, and Managed IT services exclusively through its network of IT partners and vendors. Headquartered in Sydney, Australia, Insentra operates globally, helping partners deliver outcomes for their clients: “We exist specifically to help partners grow…Our PartnerObsessed ™ business model achieves powerful results for our Partners and their clients through our crew’s deep expertise and specialised knowledge. We love what we do and are driven by a relentless determination to create raving fans.” For more information, visit [www.insentragroup.com](http://www.insentragroup.com).   **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium.   **Turnium Contact****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](https://encoded-592c9deb-987b-4562-aa3c-9fa3d37d83e9.uri/mailto:investor.relations@ttgi.io,)  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **(1) Non-IFRS Financial Measures – Adjusted EBITDA** This press release references adjusted EBITDA, which is a non-IFRS financial measure. Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures.   **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information ****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such statements include, among others, statements regarding the Transaction and the terms and consideration payable thereunder, the issuance of securities based compensation and the amounts and terms thereof, the receipt of TSXV approvals, whether Turnium or its business will derive any benefit from the Transaction, Turnium’s business and technology, Insentra’s business and technology, Insentra’s financial data and revenue, and Turnium’s expectations, business, projections, operations and growth in connection with the Transaction. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company and Insentra will not reach a definitive agreement with respect to the transaction, or that the transaction will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSXV). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces Fiscal First Quarter 2026 Financial Results" url: "https://ttgi.io/turnium-technology-group-announces-fiscal-first-quarter-2026-financial-results/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) 2026 - Q1 Financial Statements (PDF) 2026 - Q1 MD&A (PDF)   Highlights: Turnium is awaiting final TSX Venture approval to close the Insentra asset acquisition – expected by the end of February 2026  TTGI" last_modified: "2026-02-27T16:38:31+00:00" categories: [Press] --- # Turnium Technology Group Announces Fiscal First Quarter 2026 Financial Results #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/02/TTGI_Q12026-RESULTS_FEB-26-2026_VFF.pdf) #### [2026 – Q1 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2026/02/TTGI_-_FS_Q1_2026_Final.pdf) #### [2026 – Q1 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2026/02/TTGI_-_MDA_Q1_2026_Final.pdf)   **_Highlights:_** - _Turnium is awaiting final TSX Venture approval to close the Insentra asset acquisition – expected by the end of February 2026 _ - _TTGI continues to be optimistic about its financial outlook and provides new guidance_ - **_For Q2 FY2026, ending March 31, 2026, the Company expects Revenue of $3.8M to $4.1M, and Gross Margin of $1.2M to $1.6M (including only 1 month of Insentra results)_** - **_For the next 12 months, from March 1, 2026, the Company expects Revenue of $28M to $32M, and Gross Margin of $12.1M to $14.7M (including 12 months of Insentra results)_** **February 26, 2026 – **Vancouver, Canada **– Turnium Technology Group Inc.** (**TSX.V: TTGI**) (**FSE: E48**) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, announces its financial results for Fiscal Q1 2026. All financial information is provided in Canadian dollars unless otherwise indicated. Doug Childress, CEO of Turnium, stated, “In Q1 2026 we announced major initiatives to accelerate Turnium’s transformation from a product-based business to a solutions-driven company. Most impactful was the acquisition of assets from Sydney-based Insentra and its US and UK affiliates, a leading specialist in advisory, professional, artificial intelligence and managed IT services delivered exclusively through IT service provider partners. Insentra’s ‘Partner Obsessed™’ strategy aligns with Turnium’s focus on empowering global channel partners and is expected to increase Turnium’s revenue profile from approximately $9 million to a projected $28 to $32 million in revenue (3.2 times increase) and an estimated EBITDA of $2.1–$4.2 million based on our March 2026 run-rate. This acquisition adds significant revenue, margin and skilled technology resources to the TTGI family, and marks a major step toward our goal of achieving $100 million in revenue and $20 million in EBITDA by 2027.”   **Update on the Proposed Insentra Acquisition****** On February 3, 2026, the Company completed the acquisition of substantially all of the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom, pursuant to a definitive agreement. The total consideration for the transaction was approximately $5.73 million, comprising $2.14 million in common shares of the Company, $1.0 million in cash paid at closing, and $2.58 million through a vendor take-back loan bearing interest at 2% above the Royal Bank of Canada prime rate, together with the issuance of 1,188,000 warrants and additional contingent earn-out and bonus payments of up to $9.25 million, subject to future revenue and EBITDA performance. The transaction was completed following the satisfaction of customary closing conditions, including receipt of TSX Venture Exchange approval.   **Assets Held for Sale and Discontinued Operations** The Company has announced an active plan to divest its Tenacious Networks (TNET) assets. We expect this transaction to be completed by early March 2026. **Positive Outlook for Q2 FY2026 and the Next 12 Months**.  **Fiscal Q2 2026 Guidance – **for Q2 FY2026,** **ending March 31, 2026, the Company expects Revenue of **$3.8M to $4.1M**, and Gross Margin of **$1.2M to $1.6M ****_(including only 1 month of Insentra results)_**. **For the next 12 months, from March 1, 2026, the Company expects Revenue of $28M to $32M, and Gross Margin of $12.1M to $14.7M ****_(including 12 months of Insentra results)_****.** **Fiscal First Quarter 2026 Highlights:** - **Revenue **decreased to $2.0M (due to seasonality), compared to $2.3M QoQ and increased from $1.97M YoY;  - **Gross Margin **increased to $1.18M (based on product mix), compared to $0.69M QoQ and $1.34M YoY; - **Total Operating Expenses** increased to $2.58M, compared to $1.68M QoQ and $2.82M YoY;  - **Net Comprehensive Loss **decreased to ($2.97M), compared to ($7.51M) QoQ and ($1.71M) YoY; - **Adjusted EBITDA****(1)**** **improved to ($0.95M), compared to ($1.26M) YoY; - **Number of Common Shares Outstanding (basic)** at the end of the first quarter 2026 were 184,757,145, as compared to 189,704,645 currently.    **Quarterly Financial Highlights** The Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the three months ended December 31, 2025, are available on the Company’s SEDAR profile at [www.sedarplus.com](http://www.sedarplus.com). All financial information is presented in Canadian dollars unless otherwise indicated. The Company’s key financial results for the three months ended December 31, 2025, are as follows: _ ![](https://ttgi.io/wp-content/uploads/2026/02/trn-chart1-2.png) **Notes:_**_ It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives.  Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year. _ _*) The operating results of TNET are included in the data for the three months ended December 31, 2025 and for the prior periods. In the consolidated financial statements, TNET is classified as a disposal group, and the results of its operations for the year are reported as a net loss from discontinued operations in the consolidated statement of loss and comprehensive loss, with separate disclosure of its revenue, direct costs, and other gains or losses in the notes to the financial statements. _ _The operating results of TNET for the three months ended December 31, 2025 and September 30, 2025, were as follows:_   _ **Non-IFRS Financial Measures – Adjusted EBITDA** The following table shows a reconciliation of adjusted EBITDA to net income (loss) before tax, the most comparable IFRS financial measure, for the three months ended December 31, 2025 and 2024. ![](https://ttgi.io/wp-content/uploads/2026/02/trn-chart3-1.png) ![](https://ttgi.io/wp-content/uploads/2026/02/trn-chart3-2.png) (1) Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS financial measures to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors, and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income (loss) before tax excluding depreciation and amortization expense, share based expense, gain/loss on change on fair value of derivatives, loss on debt settlement, government grants, foreign exchange gain/loss, interest and accretion and SRED refund. Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company’s operations._   **Subsequent Events and Other Q1 Highlights:** - **February 10, 2026** – Turnium Announces Appointment of Software Industry Veteran Paul Pagliaro to the Board of Directors. [**(LINK)******](https://www.newsfilecorp.com/release/283394/Turnium-Technology-Group-Announces-Appointment-of-Software-Industry-Veteran-Paul-Pagliaro-to-the-Board-of-Directors) - **February 9, 2026** – TTGI Announces Upcoming Annual General and Special Meeting, Debt Settlement Agreement and RSU Grant. [**(LINK)**](https://www.newsfilecorp.com/release/283175/Turnium-Technology-Group-Announces-Upcoming-Annual-General-and-Special-Meeting-Debt-Settlement-Agreement-and-RSU-Grant)**** - **February 3, 2026** – Turnium Announces Execution of Asset Purchase Agreement for the Acquisition of Assets of Insentra Management Services and Closing of Offering of Secured Debentures and Warrants. [**(LINK)******](https://www.newsfilecorp.com/release/282504/Turnium-Announces-Execution-of-Asset-Purchase-Agreement-for-the-Acquisition-of-Assets-of-Insentra-Management-Services-and-Closing-of-Offering-of-Secured-Debentures-and-Warrants) - **January 27, 2026** – TTGI Reports Fiscal 2025 Audited Financial Results. [**(LINK)******](https://www.newsfilecorp.com/release/281776/Turnium-Technology-Group-Inc.-Reports-Fiscal-2025-Audited-Financial-Results) - **January 23, 2026** – TTGI Provides Annual General Meeting Update. [**(LINK)******](https://www.newsfilecorp.com/release/281470/Turnium-Technology-Group-Provides-Annual-General-Meeting-Update) - **January 22, 2026** – TTGI Provides Update on its Previously Announced Offering of Secured Debentures and Warrants. [**(LINK)******](https://www.newsfilecorp.com/release/281339/Turnium-Provides-Update-on-its-Previously-Announced-Offering-of-Secured-Debentures-and-Warrants) - **January 5, 2026** – TTGI announce the appointment of Aldo G. Gallone as Vice President of Global Strategy and Partnerships. [**(LINK)******](https://www.newsfilecorp.com/release/279433/Turnium-Appoints-Industry-Veteran-as-VP-of-Global-Strategy-and-Partnerships-to-Accelerate-International-Growth) - **December 29, 2025** – TTGI extends exclusivity period of non-binding Letter of Intent with Insentra. The parties sign an amendment to the LOI (the “**Amendment**“) to extend the term period for entering into the definitive asset purchase agreement through to January 31, 2026. [**(LINK)******](https://www.newsfilecorp.com/release/279113/Turnium-Extends-Exclusivity-Period-of-NonBinding-Letter-of-Intent-with-Insentra) - **December 22, 2025** – TTGI announces offering of secured debentures and warrants and provides an update on the proposed Insentra acquisition. [**(LINK)******](https://www.newsfilecorp.com/release/278877/Turnium-Technology-Group-Announces-Offering-of-Secured-Debentures-and-Warrants-and-Provides-an-Update-on-the-Proposed-Insentra-Acquisition) - **December 18, 2025** – TTGI announces a global commercialization partnership with Syntheia Corp. (“Syntheia”) (CSE: SYAI), a leading provider of conversational AI solutions for inbound and outbound telephone call management. [**(LINK)******](https://www.newsfilecorp.com/release/278484/Turnium-and-Syntheia-AI-Commence-Commercial-Rollout-of-AIPowered-Communications-Platform-Across-Partner-Network) - **December 9, 2025 **– TTGI announces extending of promissory notes totaling $1,073,000 through the issuance of new unsecured Loan Agreements (the “Loans”), and receives conditional approval from the TSX Venture Exchange (“TSXV”). [**(LINK)******](https://www.newsfilecorp.com/release/277494/Turnium-Technology-Group-Announces-Extension-of-Loans) - **November 17, 2025** – TTGI announces the successful deployment of its revolutionary Version 7.x RAC1 platform to 46 OEM partner environments, representing 75% of its partner ecosystem. [**(LINK)******](https://www.newsfilecorp.com/release/274752/Turnium-Technology-Group-Deploys-NextGeneration-SDWAN-Platform-to-75-of-OEM-Partners) - **November 11, 2025** – TTGI announces it has entered into a marketing agreement (the “Agreement”) with Winning Media LLC. (“**Winning Media**“). [**(LINK)******](https://www.newsfilecorp.com/release/273974/Turnium-Technology-Group-Announces-Marketing-Agreement) - **November 10, 2025** – TTGI announces it has entered into a non-binding Letter of Intent (“**LOI**“) with Insentra Management Services Pty Ltd on behalf of Insentra Holdings Pty Ltd. to acquire substantially all the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom (collectively, “**Insentra**“). [**(LINK)******](https://www.newsfilecorp.com/release/273836/Turnium-Announces-Proposed-Acquisition-of-Assets-of-Insentra-Holdings)   **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters”._****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium. # # #   **Turnium Contact: ****** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information ****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such statements include, among others, statements regarding the Transaction and the terms and consideration payable thereunder, the issuance of securities based compensation and the amounts and terms thereof, the receipt of TSXV approvals, whether Turnium or its business will derive any benefit from the Transaction, Turnium’s business and technology, Insentra’s business and technology, Insentra’s financial data and revenue, and Turnium’s expectations, business, projections, operations and growth in connection with the Transaction. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company and Insentra will not reach a definitive agreement with respect to the transaction, or that the transaction will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSXV). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces Appointment of Software Industry Veteran Paul Pagliaro to the Board of Directors" url: "https://ttgi.io/turnium-technology-group-announces-appointment-of-software-industry-veteran-paul-pagliaro-to-the-board-of-directors/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   February 10, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce the" last_modified: "2026-02-10T12:32:34+00:00" categories: [Press] --- # Turnium Technology Group Announces Appointment of Software Industry Veteran Paul Pagliaro to the Board of Directors #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/02/TTGI_Board-of-Directors_Paul-Pagliaro_Feb102026_VF.pdf)   **February 10, 2026 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**Turnium**” or the “**Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce the appointment of Mr. Paul Pagliaro to the Company’s Board of Directors effective February 9, 2026. Mr. Pagliaro has been a long-time entrepreneur, as well as a senior executive in software companies, financial services, and other industries. Recently, Paul held various senior management roles within an operating group of Constellation Software Inc (TSX:CSU) from Corporate Director BD, Mergers and Acquisitions to VP Strategic Initiatives within a portfolio of six vertical market software companies, as well as CEO of GuestVision Software. Previously, Paul acquired, invested in and grew software companies. Prior to working within the software industry, Paul held several senior management positions within Wealth Management at CIBC and Scotiabank, managing Family Trusts and settling Estates for wealthy Canadian families. Paul Pagliaro commented, “I’m honoured to have been appointed to TTGI’s Board, and I look forward to working with the other directors and management to help scale the Company to new heights, leveraging my experience on both the M&A and operational integration fronts. I am a strategic person, and a numbers guy, and my passion is to help businesses and corporations reach their full potential by providing advice and support with each interaction.” Ralph Garcea, TTGI Chairman said, ”Paul’s experience will be an invaluable asset to the Company as we continue evaluating several strategic paths forward to create stakeholder value. We are pleased to welcome him to the Turnium board.”   **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters”._****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium.   **Turnium Contact****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](https://encoded-592c9deb-987b-4562-aa3c-9fa3d37d83e9.uri/mailto:investor.relations@ttgi.io,)  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ _This press release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “strategy”, “expects” or “does not expect”, “intends”, “continues”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “will be taken”, “will launch” or “will be launching”, “will include”, “will allow”, “will be made” “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company’s intention to complete the Debt Settlement._ --- --- title: "Turnium Technology Group Announces Upcoming Annual General and Special Meeting, Debt Settlement Agreement and RSU Grant" url: "https://ttgi.io/turnium-technology-group-announces-upcoming-annual-general-and-special-meeting-debt-settlement-agreement-and-rsu-grant/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   February 9, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, announces that the Company's 2026" last_modified: "2026-02-09T12:45:36+00:00" categories: [Press] --- # Turnium Technology Group Announces Upcoming Annual General and Special Meeting, Debt Settlement Agreement and RSU Grant #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/02/TTGI_AGSM_Debt-Settlement_RSU-Grant_Feb092026_VFF2.pdf)   **February 9, 2026 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**Turnium**” or the “**Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, announces that the Company’s 2026 Annual General and Special Meeting of Shareholders (the “**AGSM**“) will be held in-person in Vancouver, BC  on Friday March 13, 2026 at 3:00 pm Vancouver time. The Notice of Meeting, Management Information Circular and Form of Proxy related to the AGSM will mailed to shareholders and can be found on the Company’s website at [www.ttgi.io](https://ttgi.io/investor-relations/) and on SEDAR+ [www.sedarplus.ca](https://api.newsfilecorp.com/redirect/3jL2ki4Nvp) under the issuers profile. At the Meeting, in addition to the regular annual business, shareholders will be asked to consider and approve a proposed debt settlement involving the issuance of 5,353,750 common shares at a deemed price of $0.10 per share to settle $535,375 in outstanding debt (the “**Debt Settlement**“), subject to TSX Venture Exchange approval. The Debt Settlement includes: Ralph Garcea, Director, to receive 1,500,000 shares in settlement of debt of $150,000; Jim Lovie Director, to receive 1,500,000 shares in settlement of debt of $150,000; Craig Pentland, Director, to receive 425,000 shares in settlement of debt of $42,500; Konstantin Lichtenwald, CFO, to receive 300,000 shares in settlement of debt of $30,000; and two former Directors to receive 918,750 shares in settlement of debt of $91,875. The total debt for insiders and former Directors is $464,375. The debt settlements with the current Directors and the CFO constitute related party transactions under MI 61-101 (the “Related Party Transactions”).  The Company is required to obtain minority shareholder approval for the Related Party Transactions pursuant to MI 61-101. Votes held by the insiders noted above, and their affiliates, will be excluded from the votes. Additional details on the proposed Debt Settlement and the Related Party Transactions can be found in the Management Information Circular which will be mailed to shareholders and available for viewing on SEDAR+ and on the Company’s website. The Board of Directors (excluding the interested parties) has approved the Debt Settlement, which is intended to strengthen the Company’s balance sheet. Completion remains subject to shareholder and Exchange approval. Additional corporate actions strengthening the balance sheet: (1) convertible debentures in the aggregate amount of $365,000 have been converted to 4,447,500 shares (including $250,000 from Chairman Ralph Garcea); and (2) $50,000 worth of warrants have been exercised into 500,000 shares. The Company further announces that it has granted 1,100,000 Restricted Share Units (each an “**RSU**“) pursuant to the Company’s Omnibus Incentive Plan (the “**Plan**“) to Doug Childress, CEO of the Company. The RSU’s granted shall vest over a period of 3 years from the grant date.   **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters”._****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium.   **Turnium Contact****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](https://encoded-592c9deb-987b-4562-aa3c-9fa3d37d83e9.uri/mailto:investor.relations@ttgi.io,)  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ _This press release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “strategy”, “expects” or “does not expect”, “intends”, “continues”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “will be taken”, “will launch” or “will be launching”, “will include”, “will allow”, “will be made” “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company’s intention to complete the Debt Settlement._ --- --- title: "Turnium Announces Execution of Asset Purchase Agreement for the Acquisition of Assets of Insentra Management Services and Closing of Offering of Secured Debentures and Warrants" url: "https://ttgi.io/turnium-announces-execution-of-asset-purchase-agreement-for-the-acquisition-of-assets-of-insentra-management-services-and-closing-of-offering-of-secured-debentures-and-warrants/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Following closing of the Transaction, Insentra is expected to provide increased revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team The acquisition continues Turnium’s transformation to" last_modified: "2026-02-03T12:35:52+00:00" categories: [Press] --- # Turnium Announces Execution of Asset Purchase Agreement for the Acquisition of Assets of Insentra Management Services and Closing of Offering of Secured Debentures and Warrants #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/02/Turnium-APA-Signing_Second-Tranche-Close_Feb032026_VFF.pdf)   - _Following closing of the Transaction, Insentra is expected to provide increased revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team_ - _The acquisition continues Turnium’s transformation to a Channel-first model_ - _For CY2026, management is providing guidance of C$30M to C$32M in revenue, with an expected gross margin in the range of 43% to 46% and an adjusted EBITDA in the range of C$2.1M to C$3.1M_**_(1)_****__** **February 3, 2026 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**Turnium**” or “**the Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce, further to its press releases dated November 10, 2025 and December 29, 2025, that the Company and certain of its subsidiaries have entered into a definitive asset purchase agreement (the “**APA**”) dated February 2, 2026 with Insentra Management Services Pty Ltd. (“**Insentra**”), certain subsidiaries of Insentra (“**Insentra Subsidiaries**”) and each of the securityholders of Insentra and Insentra Subsidiaries (the “**Owners**” and collectively, with Insentra and Insentra Subsidiaries, the “**Vendors**”) to acquire substantially all the assets of the Vendors.  Insentra is a private company incorporated under the laws of Australia, specialising in providing Advisory, Professional, Artificial Intelligence and managed IT services and solutions to businesses by exclusively partnering with IT providers. Insentra is headquartered in Sydney, Australia and serves clients globally. Pursuant to the APA, the Company will acquire (the “**Transaction**”) all the assets, divisions, intellectual property, trade names, domains, applications (including those under development) and customer contracts of the Vendors (the “**Assets**”) together with all employee entitlements including annual leave and long service leave for certain employees and free and clear of certain pre-existing debts and liabilities, in exchange for the following, payable to the Vendors:  a)   a closing purchase price of approximately C$5,728,344 (the “**Purchase Price**”), comprised of: i.   C$2,144,344 payable through the issuance of 10,721,720 common shares in the capital of the Company (the “**Common Shares**”) at a deemed price of C$0.20 per Common Share (the “**Consideration Shares**”); and ii.   Total cash consideration in the aggregate amount of C$3,584,000, as follows: (A) C$1,000,000 payable at closing; and (B) an additional C$2,584,000 in the form of a vendor take-back loan from the Vendors, which will be payable with interest as follows: (i) C$500,000 by the date that is thirty (30) days following closing; (ii) C$500,000 by the date that is sixty (60) days following closing; and (iii) C$1,584,000 in 20 monthly instalments following closing (with the first instalment commencing on or by April 4, 2026 or as otherwise agreed to between the parties). The interest rates payable on each portion will be set at 2% above the Royal Bank of Canada’s prime lending rate, per annum, and will track such rate until the final payment is made on each such portion. In the event of any uncured defaults on any payments, Turnium will pay an additional default interest on the outstanding balance (including accrued interest) at a rate of 1.25% per month on all overdue amounts; b)   Issuance of 1,188,000 common share purchase warrants of the Company (“**Warrants**”). Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of C$0.20 per Common Share for a period of three (3) years following issuance and will vest in equal 1/12th increments over the one (1) calendar year following closing; c)   Potential earn-out payments of up to C$7,250,000, payable to the Vendors over two (2) fiscal years following closing, if certain revenue and adjusted EBITDA targets are achieved (the “**Performance Earn Out**”). The Performance Earn Out will be payable sixty (60) per cent in cash and forty (40) per cent through the issuance of Common Shares, being a maximum of 14,500,000 Common Shares. Common Shares issued pursuant to the Performance Earn Out will be issued at a price equal to the greater of C$0.20 or a 25% discount to the 10-day volume weighted average price of the Common Shares on the TSX Venture Exchange (the “**TSXV**”); and d)   Potential EBITDA bonus of up to C$2,000,000, payable to the Vendors over two (2) fiscal years following closing, if certain adjusted EBITDA targets are achieved (the “**Bonus**”). The Bonus will be payable sixty (60) per cent in cash and forty (40) per cent through the issuance of Common Shares, being a maximum of 4,000,000 Common Shares. Common Shares issued pursuant to the Bonus will be issued at a price equal to the greater of C$0.20 or a 25% discount to the 10-day volume weighted average price of the Common Shares on the TSXV. Once earned, the cash portion of the Bonus may, at the Company’s election, be paid in up to four (4) equal quarterly installments, with the first installment due within thirty (30) days of the date the Bonus is determined to be earned, with an interest rate payable at 2% above the Royal Bank of Canada’s prime lending rate, per annum, with interest accruing from the date of the first installment, and will track such rate until the final payment is made; and subject to any uncured defaults on any payments, Turnium will pay an additional default interest on the outstanding balance (including accrued interest) at a rate of 1.25% per month on all overdue amounts. **Doug Childress, CEO of Turnium, stated,** “The Insentra acquisition is complementary to our growth strategy and our Technology-as-a-Service offering, which management expects could potentially more than triple the size of our business, assuming market conditions remain favourable and all milestones and performance targets are achieved.  Both Turnium and Insentra sell to end customers through a channel-led business model, which, combined, will deliver over 280 worldwide partners.  With the closing of the Transaction, Insentra is expected to provide increased revenues, increased technical and operational resources and a strong leadership team to help facilitate Turnium achieving its long-term revenue objectives.”  **Ronnie Altit, one of the founders and the CEO of Insentra, stated,** “We are excited to be joining forces with Turnium. For sixteen years, Insentra has been built on trust, enduring relationships and a passion for helping our partners succeed. This transaction enhances the opportunities available to our partners and their clients by providing access to a broader suite of innovative services, while enabling our team to continue doing what we do best: remaining 100% channel only and helping our partners grow. Turnium’s channel approach, combined with its Technology-as-a-Service offering and our channel-only DNA, creates a powerful platform that will unlock meaningful opportunities across our global ecosystem.” The Consideration Shares will be subject to various contractual lock-up restrictions, as follows:  a)   25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is four (4) months after the closing of the Transaction;  b)   25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is six (6) months after the closing of the Transaction;  c)   25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is twelve (12) months after the closing of the Transaction; and d)   25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is eighteen (18) months after the closing of the Transaction. In addition, closing of the Transaction is subject to the satisfaction of a number of customary conditions, including, among other things: a)   the Parties using their best efforts to complete the novation and transfer of all key service, partnership, and material agreements of the Vendors in respect of the operating business, including all the purchased Assets, to the Company or its subsidiaries. All such agreements with an annual value of at least C$1,000,000 must be novated prior to closing of the Transaction. If any such notations cannot be completed prior to closing of the Transaction, the relevant agreements will be held by the Vendors in trust for the Company and managed pursuant to a back-to-back services agreement to be entered into by the parties, ensuring that the Company receives the full economic benefit of the purchased Assets until October 1, 2026; and  b)   certain employees and contractors of the Vendors entering into new employment or contractor agreements, as applicable, with the Company or its subsidiaries.  The Company expects to grant securities-based compensation to certain new and transferring employees following the closing of the Transaction, once such employees become eligible persons under the Company’s Omnibus Equity Incentive Plan (the “**Plan**”). All such grants will be made in accordance with the terms and conditions of the Plan and the TSXV’s policies.  The Transaction constitutes an arm’s length transaction within the meaning of the policies of the TSXV, and there are no finder’s fees payable in connection with the Transaction.  The TSXV has conditionally accepted the Transaction, and the completion of the Transaction remains subject to the final approval of the TSXV. All securities issued in connection with the Transaction will be subject to a hold period of four months and one day from the date of issuance, as well as the resale and seasoning period rules of the applicable securities legislation. **Insentra Financial Data****** The following financial information for Insentra is presented for informational purposes only. This data was obtained from Insentra’s unaudited financial statements, prepared in accordance with the IFRS standard. Turnium has not independently verified this information and assumes no responsibility or liability for any errors or omissions in the accuracy, completeness, or timeliness of the financial data presented herein. Based on Insentra’s financial statements for the fiscal year ended June 30, 2024, Insentra had unaudited (externally prepared) Revenue of C$28.4M, Gross Margin of C$8.9M, and Earnings Before Taxes of (C$82K). The Company commissioned an independent Quality of Earnings report that confirmed Insentra’s results for the fiscal year ended June 30, 2024.  Based on Insentra’s financial statements for the fiscal year ended June 30, 2025, and the Quality of Earnings (QoE) analysis of Insentra to June 30, 2025, the trailing twelve months revenue, gross margin and adjusted EBITDA would be C$24.5M, C$7.7M, and (C$1.36M), respectively. The Company is conducting its own audit of the results for Insentra’s financial year ended June 30, 2025, as part of its financial due diligence process.  Following the closing of the Transaction, for the calendar year ending September 30, 2026, management of the Company projects C$30M to C$32M in revenue, with an expected gross margin in the range of 43% to 46% and an adjusted EBITDA in the range of C$2.1M to C$3.1M.**(1)****** **Update on Offering of Secured Debentures and Warrants** Further to its press release disseminated on January 22, 2026 (a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca), the Company is pleased to announce that it has completed its offering of units of the Company (each, a “**Unit**”) for aggregate gross proceeds of C$4,650,000. Each Unit has a price of C$1,000 per Unit and consists of: (i) one secured, non-convertible debenture in the principal amount of C$1,000 (each, a “**Debenture**”) and (ii) 4,000 share purchase warrants (each, a “**Bonus Warrant**”). Each Bonus Warrant will be non-transferable and entitle the holder thereof to purchase one (1) Common Share with an exercise price of C$0.10 per Common Share for a period of 36 months from the date of issuance, subject to the provisions for earlier termination outlined below and the Bonus Warrant certificates (the “**Maturity Date**”). The Offering has been conditionally approved by the TSX Venture Exchange (the “**TSXV**”).  The Company anticipates using the proceeds of the Offering as follows: _ The Debentures are non-convertible but are a secured obligation of the Company by a first ranking security secured against its assets (other than the assets of its Tenacious Networks Inc.) pursuant to a general security agreement. Interest on the principal amount outstanding under each Debenture is at the rate of sixteen percent (16%) per annum, calculated as simple interest: (i) accrued on an annual basis and paid monthly, in arrears, commencing on the issuance of this Debenture up to and including the twenty-fourth (24th) month after issuance of the Debenture and (ii) accrued on an monthly basis for the outstanding principal amount and paid monthly, in arrears, commencing on the last day of the twenty-fifth (25th) month after issuance and continuing for each last day of the month for the next eleven (11) months, ending on the Maturity Date.   Subject to the early repayment provisions outlined below, the outstanding principal amount under each Debenture will be paid by the Company by paying twelve (12) equal installments of an amount equal to: (i) the outstanding principal amount under each Debenture divided by (ii) twelve (12), commencing the last day of the twenty-fifth (25th) month after issuance and continuing for each last day of the month for the next eleven (11) months, ending on the Maturity Date. The Company has the right, but not the obligation, at any time after the twelfth (12th) month after issuance of the Debenture to prepay the outstanding principal amount under each Debenture on the following terms: (1) if the prepayment occurs after the end of the twelfth (12th) month after issuance but on or before the end of the thirty-third (33rd) month after issuance, such prepayment will include an amount equal to: (i) the outstanding principal amount; plus (ii) all accrued and unpaid interest owing up to the date of repayment; plus (iii) an additional four (4) months of interest; and (2) if the prepayment occurs after the end of the thirty-third (33rd) month issuance but on or before the Maturity Date, such prepayment includes an amount equal to: (i) the outstanding principal amount; plus (ii) all accrued and unpaid interest owing up to the date of repayment. The Bonus Warrants associated with each Unit are deemed to be bonus warrants under TSXV Policy 5.1. Any Common Shares issuable on exercise thereof are subject to a hold period expiring four (4) months and a day from the date of issuance of the Bonus Warrants. The Bonus Warrants are be subject to acceleration: (1) if the closing price for the Common Shares as traded on the TSXV is equal to or greater than C$0.30 per Common Share for any ten (10) consecutive trading days (the latest day of such period being the “**Threshold Date**”), then the Company shall have until 4:00 pm (Vancouver time) on the thirtieth (30th) calendar day after the Threshold Date in which to provide notice to the Bonus Warrant holder by publishing a press release which will be made available on SEDAR+ (the “**Notice**”) that the Bonus Warrants will expire sixty (60) days from the date of such Notice; or (2) if the principal amount of each Debenture is pre-paid early after the twelfth (12th) month after issuance and before the twenty-fourth (24) month after issuance, 25% of the Bonus Warrants associated with such Debenture will terminate upon such voluntary early repayment by the Company on the thirtieth (30th) day from such early repayment date. The investor who subscribed for Units under the second tranche is set forth below and is the same Investor 1 set forth in the press release dated January 22, 2026:  ![](https://ttgi.io/wp-content/uploads/2026/02/ttgi-2-1024x103.png) All investors who participated in the Offering are not Non-Arm’s Length Parties but, in the event that any investor would, by exercising their Bonus Warrants and together with such investor’s  Non-Arm’s Length Parties (as that term is defined in the policies of the TSXV) and any persons acting jointly or in concert with them, result in such holder becoming an Insider (as that term is defined in the policies of the TSXV) or a Control Person (as that term is defined in the policies of the TSXV), such investor will covenant not to exercise its Bonus Warrants until such investor files and receives TSXV approval of its applicable Personal Information Form or the Company receives disinterested shareholder approval in accordance with the policies of the TSXV. C$3,000,000 of the gross proceeds of the Offering was non-brokered by ACNS Capital Markets Pty Ltd, trading as Alto Capital (**“Alto Capital”**) to accredited investors in Australia, and the remaining gross proceeds of C$1,650,000 was non-brokered to accredited investors in Canada and Europe. The fees payable to Alto Capital upon closing was cash in the amount of C$120,000 and a total of 1,200,000 non-transferable Warrants (the **“Finder’s Warrants**”)** **were issued to the following Finders: ![](https://ttgi.io/wp-content/uploads/2026/02/ttgi-3-1024x290.png) Each Finder’s Warrant is non-transferable and is exercisable to purchase one (1) Common Share at an exercise price of C$0.10 per Common Share at any time prior to the date that is 36 months from the date of issuance. The Finders’ Warrants are subject to acceleration if the closing price for the Common Shares as traded on the TSXV is equal to or greater than C$0.30 per Common Share for any ten (10) consecutive trading days (the latest day of such period being the **“Threshold Date”**), in which case the Company shall have until 4:00 pm (Vancouver time) on the thirtieth (30th) calendar day after the Threshold Date in which to provide notice to the Finders’ Warrant holder by publishing a press release which will be made available on SEDAR+ (the **“Notice”**) that the Finders’ Warrants will expire sixty (60) days from the date of such Notice. The payment of the cash fee to Alto Capital and the issuance of the Finders’ Warrants have been conditionally approved by the TSXV. **About Insentra ** Insentra is a 100% channel-only business, providing a range of Advisory, Professional Services, Artificial Intelligence, and Managed IT services exclusively through its network of IT partners and vendors. Headquartered in Sydney, Australia, Insentra operates globally, helping partners deliver outcomes for their clients: “We exist specifically to help partners grow. Our **PartnerObsessed_**™ business model achieves powerful results for our Partners and their clients through our crew’s deep expertise and specialised knowledge. We love what we do and are driven by a relentless determination to create raving fans.” For more information, visit [www.insentragroup.com](http://www.insentragroup.com).   **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on X @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: investor.relations@ttgi.io  Telephone: +1 416-479-9547  Media inquiries: please email media@ttgi.io Sales inquiries: please email sales@ttgi.io  www.ttgi.io, www.turnium.com, www.claratti.com    **(1) Non-IFRS Financial Measures – Adjusted EBITDA** This press release references adjusted EBITDA, which is a non-IFRS financial measure. Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures.   **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information ****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such statements include, among others, statements regarding the Transaction and the terms and consideration payable thereunder, the satisfaction of conditions precedent to the Transaction, the issuance of securities based compensation and the amounts and terms thereof, completion of the Offering and the timing, amounts, terms and conditions thereof, the receipt of TSXV approvals, whether Turnium or its business will derive any benefit from the Transaction, Turnium’s business and technology, Insentra’s business and technology, Insentra’s financial data and revenue, and Turnium’s expectations, business, projections, operations and growth in connection with the Transaction. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company and Insentra will not reach a definitive agreement with respect to the transaction, or that the transaction will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSXV). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_ --- --- title: "Turnium Technology Group Inc. Reports Fiscal 2025 Audited Financial Results" url: "https://ttgi.io/turnium-technology-group-inc-reports-fiscal-2025-audited-financial-results/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) 2025 – Q4 Financial Statements (PDF) 2025 – Q4 MD&A (PDF)   January 27, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in" last_modified: "2026-01-28T14:23:12+00:00" categories: [Press] --- # Turnium Technology Group Inc. Reports Fiscal 2025 Audited Financial Results #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/01/TTGI_Q4-FYE-2025-Fin-Results-PR_JAN-27-2026_VF.pdf) #### [2025 – Q4 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2026/01/TTGI_-_FS_Q4_2025_Final.pdf) #### [2025 – Q4 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2026/01/TTGI_-_MDA_Q4_2025_Final.pdf.pdf)   **January 27, 2026 – **Vancouver, Canada – **Turnium Technology Group Inc.** (**TSX.V: TTGI**) (**FSE: E48**) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce its financial results for the 2025 fiscal year.  Doug Childress, CEO of Turnium stated, “For the year ended September 30, 2025, the Company generated total revenue of $8.79 million, representing an increase of 58.2% year-over-year. Excluding discontinued operations, revenue from continuing operations was $6.72 million (+90.1% y/y), reflecting the Company’s ongoing core performance. The year-over-year change in total revenue was primarily driven by modest growth in TNSI, and the inclusion of a full year of Claratti results. We continue to move forward in transforming Turnium from a product-based business to a solutions-driven company. Our mission of driving sales, expanding our global network and actively pursuing accretive M&A opportunities are helping us reach our stated goal of achieving $100 million in revenue and $20 million in EBITDA by 2027.” **Update on the Proposed Insentra Acquisition****** As previously announced on December 29, 2025, the parties have signed an amendment to the previously announced non-binding letter of intent dated November 9, 2025 (the “**LOI**“) with Insentra Management Services Pty Ltd on behalf of Insentra Holdings Pty Ltd., with respect to a potential transaction (the “**Insentra Acquisition**“) to acquire substantially all the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom (collectively, “**Insentra**“), to extend the term period for entering into the definitive asset purchase agreement through to January 31, 2026. For further details on the LOI and the Insentra Acquisition, please refer to the Company’s press release dated November 10, 2025, a copy of which is available under the Company’s SEDAR+ profile at [www.sedarplus.ca](https://api.newsfilecorp.com/redirect/ppqKpFqypQ). Further updates and particulars of the Insentra Acquisition will be provided upon the parties entering into the definitive asset purchase agreement in connection with the Insentra Acquisition. There can be no assurance that the Insentra Acquisition will be completed on the terms proposed or at all. The completion of the Insentra Acquisition remains subject to satisfactory completion of due diligence by all parties, negotiation of a definitive asset purchase agreement and regulatory and other approvals, including the approval of the TSXV. **Assets Held for Sale and Discontinued Operations** As of the year end, the Company had an active plan to sell Tenacious Networks (TNET) assets. Thus, TNET is classified in these consolidated financial statements as held for sale and represents discontinued operations (Note 27). **Financial and Operational Results Summary** The Audited Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the year ended September 30, 2025, are available on the Company’s SEDAR profile at [www.sedarplus.com](http://www.sedarplus.com). All financial information is presented in Canadian dollars unless otherwise indicated. **Fiscal Fourth Quarter 2025 Highlights (including discontinued operations):** - **Revenue **in the fourth quarter was CAD $2.29 million (up 47.7%), compared to CAD $1.55 million recorded in the fourth quarter of 2024; - **Gross Margin **in the fourth quarter** **was CAD $0.687 million (down 25.8%), compared to CAD $0.926 million in the fourth quarter of 2024; - **Total Expenses** in the fourth quarter were CAD $1.68 million (down 16%), compared to CAD $2.00 million in the fourth quarter of 2024; - **Weighted Average Number of Common Shares Outstanding (basic)** at 2025 Fiscal Year End was 170,187,417, compared to 184,757,145 currently. **Quarterly Financial Highlights (including discontinued operations):** The Company’s key financial results for the three months ended September 30, 2025, are as follows: _ * The operating results of TNET are included in the data for the three months ended September 30, 2025. In the consolidated financial statements, TNET is classified as a disposal group, and the results of its operations for the year are reported as a net loss from discontinued operations in the consolidated statement of loss and comprehensive loss, with separate disclosure of its revenue, direct costs, and other gains or losses in the notes to the financial statements. _ _The operating results of TNET for the three months ended September 30, 2025, were as follows:_ _ Special Notes:_ _It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives.  _ _Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year. _ **Subsequent Events and Other Q4 Highlights:****** - **January 5, 2026** – TTGI announce the appointment of Aldo G. Gallone as Vice President of Global Strategy and Partnerships. [**(LINK)******](https://www.newsfilecorp.com/release/279433/Turnium-Appoints-Industry-Veteran-as-VP-of-Global-Strategy-and-Partnerships-to-Accelerate-International-Growth) - **December 29, 2025** – TTGI extends exclusivity period of non-binding Letter of Intent with Insentra. The parties sign an amendment to the LOI (the “**Amendment**“) to extend the term period for entering into the definitive asset purchase agreement through to January 31, 2026. [**(LINK)******](https://www.newsfilecorp.com/release/279113/Turnium-Extends-Exclusivity-Period-of-NonBinding-Letter-of-Intent-with-Insentra) - **December 22, 2025** – TTGI announces offering of secured debentures and warrants and provides an update on the proposed Insentra acquisition. [**(LINK)******](https://www.newsfilecorp.com/release/278877/Turnium-Technology-Group-Announces-Offering-of-Secured-Debentures-and-Warrants-and-Provides-an-Update-on-the-Proposed-Insentra-Acquisition) - **December 18, 2025** – TTGI announces a global commercialization partnership with Syntheia Corp. (“Syntheia”) (CSE: SYAI), a leading provider of conversational AI solutions for inbound and outbound telephone call management. [**(LINK)******](https://www.newsfilecorp.com/release/278484/Turnium-and-Syntheia-AI-Commence-Commercial-Rollout-of-AIPowered-Communications-Platform-Across-Partner-Network) - **December 9, 2025 **– TTGI announces extending of promissory notes totaling $1,073,000 through the issuance of new unsecured Loan Agreements (the “Loans”), and receives conditional approval from the TSX Venture Exchange (“TSXV”). [**(LINK)******](https://www.newsfilecorp.com/release/277494/Turnium-Technology-Group-Announces-Extension-of-Loans) - **November 17, 2025** – TTGI announces the successful deployment of its revolutionary Version 7.x RAC1 platform to 46 OEM partner environments, representing 75% of its partner ecosystem. [**(LINK)******](https://www.newsfilecorp.com/release/274752/Turnium-Technology-Group-Deploys-NextGeneration-SDWAN-Platform-to-75-of-OEM-Partners) - **November 11, 2025** – TTGI announces it has entered into a marketing agreement (the “Agreement”) with Winning Media LLC. (“**Winning Media**“). [**(LINK)******](https://www.newsfilecorp.com/release/273974/Turnium-Technology-Group-Announces-Marketing-Agreement) - **November 10, 2025** – TTGI announces it has entered into a non-binding Letter of Intent (“**LOI**“) with Insentra Management Services Pty Ltd on behalf of Insentra Holdings Pty Ltd. to acquire substantially all the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom (collectively, “**Insentra**“). [**(LINK)******](https://www.newsfilecorp.com/release/273836/Turnium-Announces-Proposed-Acquisition-of-Assets-of-Insentra-Holdings) - **September 10, 2025** – TTGI announces the official launch of “Turnium _Insight_,” a breakthrough solution that empowers partners and customers with unmatched visibility, control, and security across their networks. [**(LINK)******](https://www.newsfilecorp.com/release/265836/Turnium-Technology-Group-Unveils-Insight-NextGeneration-Network-Analytics-and-Management-Platform) - **September 4, 2025** – TTGI partners with Styx Intelligence announce Global Strategic Partnership agreement. TTGI will offer Styx Intelligence through its global partner ecosystem, offering organizations unified digital risk protection, rapid threat visibility, and immediate security action. [**(LINK)******](https://www.newsfilecorp.com/release/265105/Turnium-Technology-Group-Partners-with-Styx-Intelligence-to-Deliver-Advanced-Digital-Risk-Protection) - **September 2, 2025** – TTGI and 01 Quantum announce the signing of a global strategic alliance to deliver quantum-safe email encryption solutions. [**(LINK)******](https://www.newsfilecorp.com/release/264705/Turnium-Technology-Group-and-01-Quantum-Forge-Global-Strategic-Alliance-to-Deliver-QuantumSafe-Email-Encryption) - **August 14, 2025 **– TTGI Deploys 750+ Instances of Turnium Insight Worldwide. Turnium announces the immediate, full availability of Turnium Insight for all Turnium partners worldwide. Turnium Insight is a powerful network visibility and management platform, fully integrated into the Turnium suite of solutions, delivering unmatched control, intelligence, and operational efficiency to service providers and their customers. [**(LINK)******](https://api.newsfilecorp.com/redirect/Gz8XgfVj3M) - **July 21, 2025 **– Turnium’s Claratti Secures Its Fourth Order from Seafarer Connect. Turnium announces that its Claratti subsidiary has secured a fourth order from Seafarer Connect valued at C$185,487 Total Contract Value (TCV) over 24 months for 19 additional CrewMate Lite devices. [**(LINK)******](https://api.newsfilecorp.com/redirect/Q27QquBkO0) - **July 2, 2025** – Comms365 Renews C$1.16M 3-Year Partnership with Turnium Technology Group for Advanced SD-WAN Solutions. In addition to the partnership renewal, Comms365 to launch Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution, into the UK market. [**(LINK)******](https://api.newsfilecorp.com/redirect/mjGQ2TmjWO) **Fiscal Year 2025 Financial Results Summary (from continuing operations):** Results for the Fiscal Years ended September 30, 2025 and 2024 are as follows: **Income Statement Data** _![](https://ttgi.io/wp-content/uploads/2026/01/ttgi-4-1024x327.png)   **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **“Connectivity Matters.”_****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium. # # #   **Turnium Contact: ****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](https://encoded-592c9deb-987b-4562-aa3c-9fa3d37d83e9.uri/mailto:investor.relations@ttgi.io,)  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES ****** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.** **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Provides Annual General Meeting Update" url: "https://ttgi.io/turnium-technology-group-provides-annual-general-meeting-update/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   January 23, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, announces that it has postponed" last_modified: "2026-01-23T21:38:33+00:00" categories: [Press] --- # Turnium Technology Group Provides Annual General Meeting Update [**Download Full Press Release (PDF)**](https://ttgi.io/wp-content/uploads/2026/01/TTGI_AGM-and-Board-Update_Jan-23-2026_VF.pdf)   **January 23, 2026 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**Turnium**” or the “**Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, announces that it has postponed its annual general meeting (“AGM”) which was originally rescheduled for January 23, 2026. The AGM will now take place on March 13, 2026. The specific time and location of the AGM are not yet determined but will be announced when the Company files its management information circular and related proxy materials in connection with the AGM. The Company further announces the resignation of Mr. Johan Arnet from the Board of Directors, effective January 22, 2026. Mr. Arnet was a co-Founder of the Company and remains one of its largest shareholders. The Company thanks Mr. Arnet for his contributions during his tenure as a director and wishes him continued success in his future endeavors.    **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium.   **Turnium Contact****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](https://encoded-592c9deb-987b-4562-aa3c-9fa3d37d83e9.uri/mailto:investor.relations@ttgi.io,)  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ --- --- title: "Turnium Provides Update on its Previously Announced Offering of Secured Debentures and Warrants" url: "https://ttgi.io/turnium-provides-update-on-its-previously-announced-offering-of-secured-debentures-and-warrants/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   January 22, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or the “Company\"), a global Technology-as-a-Service (TaaS) wholesale provider, is pleased to announce that it has completed the" last_modified: "2026-01-22T23:13:11+00:00" categories: [Press] --- # Turnium Provides Update on its Previously Announced Offering of Secured Debentures and Warrants #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/01/TTGI_Secured-Debenture-Offering_First-Tranche-Closing-Press-Release_Jan222026_VF-1.pdf)   **January 22, 2026** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (**“TTGI”** or the “**Company”**), a global Technology-as-a-Service (TaaS) wholesale provider, is pleased to announce that it has completed the first tranche of its offering (the “**Offering**”) of units of the Company for aggregate gross proceeds of $3,650,000, which was previously announced on December 22, 2025 and anticipates completing the remaining tranche of $1,000,000 on or before the end of January 2026. Each unit (each, a “**Unit**”) has a price of $1,000 per Unit and consists of: (i) one secured, non-convertible debenture in the principal amount of $1,000 (each, a “**Debenture**”) and (ii) 4,000 share purchase warrants (each, a **“Bonus Warrant”**). Each Bonus Warrant will be non-transferable and entitle the holder thereof to purchase one (1) common share of the Company (each, a **“Common Share”**) with an exercise price of $0.10 per Common Share for a period of 36 months from the date of issuance, subject to the provisions for earlier termination outlined below and the Bonus Warrant certificates (the **“Maturity Date”**).  The Offering has been conditionally approved by the TSX Venture Exchange (the “**TSXV”)**.  The Company anticipates using the proceeds of the Offering as follows: _ The Debentures are non-convertible but are a secured obligation of the Company by a first ranking security secured against its assets (other than the assets of its Tenacious Networks Inc.) pursuant to a general security agreement. Interest on the principal amount outstanding under each Debenture is at the rate of sixteen percent (16%) per annum, calculated as simple interest: (i) accrued on an annual basis and paid monthly, in arrears, commencing on the issuance of the Debenture up to and including the twenty-fourth (24th) month after issuance of the Debenture and (ii) accrued on an monthly basis for the outstanding principal amount and paid monthly, in arrears, commencing on the last day of the twenty-fifth (25th) month after issuance and continuing for each last day of the month for the next eleven (11) months, ending on the Maturity Date.    Subject to the early repayment  provisions outlined below, the outstanding principal amount under each Debenture will be paid by the Company by paying twelve (12) equal installments of an amount equal to: (i) the outstanding principal amount under each Debenture divided by (ii) twelve (12), commencing the last day of the twenty-fifth (25th) month after issuance and continuing for each last day of the month for the next eleven (11) months, ending on the Maturity Date. The Company has the right, but not the obligation, at any time after the twelfth (12th) month after issuance of the Debenture to prepay the outstanding principal amount under each Debenture on the following terms: (1) if the prepayment occurs after the end of the twelfth (12th) month after issuance but on or before the end of the thirty-third (33rd) month after issuance, such prepayment will include an amount equal to: (i) the outstanding principal amount; plus (ii)  all accrued and unpaid interest owing up to the date of repayment; plus (iii) an additional four (4) months of interest; and (2) if the prepayment occurs after the end of the thirty-third (33rd) month issuance but on or before the Maturity Date, such prepayment includes an amount equal to: (i) the outstanding principal amount; plus (ii) all accrued and unpaid interest owing up to the date of repayment. The Bonus Warrants associated with each Unit are deemed to be bonus warrants under TSXV Policy 5.1.  Any Common Shares issuable on exercise thereof are subject to a hold period expiring four (4) months and a day from the date of issuance of the Bonus Warrants. The Bonus Warrants are be subject to acceleration: (1) if the closing price for the Common Shares as traded on the TSXV is equal to or greater than $0.30 per Common Share for any ten (10) consecutive trading days (the latest day of such period being the **“Threshold Date”**), then the Company shall have until 4:00 pm (Vancouver time) on the thirtieth (30th) calendar day after the Threshold Date in which to provide notice to the Bonus Warrant holder by publishing a press release which will be made available on SEDAR+ (the **“Notice”**) that the Bonus Warrants will expire sixty (60) days from the date of such Notice; or  (2) if the principal amount of each Debenture is pre-paid early after the twelfth (12th) month after issuance and before the twenty-fourth (24) month after issuance, 25% of the Bonus Warrants associated with such Debenture will terminate upon such voluntary early repayment by the Company on the thirtieth (30th) day from such early repayment date.  The investors who subscribed for Units are:  ![](https://ttgi.io/wp-content/uploads/2026/01/ttgi-2-1024x358.png) At closing, the investors are not Non-Arm’s Length Parties but, in the event that any investor would, by exercising their Bonus Warrants and together with such investor’s  Non-Arm’s Length Parties (as that term is defined in the policies of the TSXV)  and any persons acting jointly or in concert with them, result in such holder becoming an Insider (as that term is defined in the policies of the TSXV) or a Control Person (as that term is defined in the policies of the TSXV), such investor will covenant not to exercise its Bonus Warrants until such investor files and receives TSXV approval of its applicable Personal Information Form or the Company receives disinterested shareholder approval in accordance with the policies of the TSXV. $3,000,000 of the gross proceeds of the Offering was non-brokered by ACNS Capital Markets Pty Ltd, trading as Alto Capital (**“Alto Capital”**) to accredited investors in Australia, and the remaining gross proceeds of $1,650,000 was non-brokered to accredited investors in Canada and Europe. The fees payable to Alto Capital upon closing was cash in the amount of $120,000 and a total of 1,200,000 non-transferable Warrants (the **“Finder’s Warrants”)** were issued to the following Finders: ![](https://ttgi.io/wp-content/uploads/2026/01/ttgi-3-1024x307.png) Each Finder’s Warrant is non-transferable and is exercisable to purchase one (1) Common Share at an exercise price of $0.10 per Common Share at any time prior to the date that is 36 months from the date of issuance. The Finders’ Warrants are subject to acceleration if the closing price for the Common Shares as traded on the TSXV is equal to or greater than $0.30 per Common Share for any ten (10) consecutive trading days (the latest day of such period being the **“Threshold Date”**), in which case the Company shall have until 4:00 pm (Vancouver time) on the thirtieth (30th) calendar day after the Threshold Date in which to provide notice to the Finders’ Warrant holder by publishing a press release which will be made available on SEDAR+ (the **“Notice”**) that the Finders’ Warrants will expire sixty (60) days from the date of such Notice. The payment of the cash fee to Alto Capital and the issuance of the Finders’ Warrants have been conditionally approved by the TSXV.  **Update on the Proposed Insentra Acquisition** As previously announced on December 29, 2025, the parties have signed an amendment to the previously announced non-binding letter of intent dated November 9, 2025 (the “**LOI**”) with Insentra Management Services Pty Ltd on behalf of Insentra Holdings Pty Ltd., with respect to a potential transaction (the “**Insentra Acquisition**”) to acquire substantially all the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom (collectively, “**Insentra**”), to extend the term period for entering into the definitive asset purchase agreement through to January 31, 2026. For further details on the LOI and the Insentra Acquisition, please refer to the Company’s press release dated November 10, 2025, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Further updates and particulars of the Insentra Acquisition will be provided upon the parties entering into the definitive asset purchase agreement in connection with the Insentra Acquisition.  There can be no assurance that the Insentra Acquisition will be completed on the terms proposed or at all. The completion of the Insentra Acquisition remains subject to satisfactory completion of due diligence by all parties, negotiation of a definitive asset purchase agreement and regulatory and other approvals, including the approval of the TSXV.   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **“Connectivity Matters.”_****__** For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: investor.relations@ttgi.io Telephone: +1 416-479-9547  Media inquiries: please email media@ttgi.io Sales inquiries: please email sales@ttgi.io  www.ttgi.io, www.turnium.com, www.claratti.com   **CAUTIONARY NOTES****** Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such statements include, among others, statements regarding the Offering, the satisfaction of conditions precedent to the Offering, the issuance of Units, Debentures and Bonus Warrants and the amounts and terms thereof, completion of the Offering, the receipt of TSXV and other regulatory or other approvals, the Insentra Acquisition and the terms and consideration payable thereunder, the satisfaction of conditions precedent to the Insentra Acquisition, whether Turnium or its business will derive any benefit from the Insentra Acquisition or the Offering, Turnium’s business and technology, and Turnium’s expectations, business, projections, operations and growth in connection with the Insentra Acquisition or the Offering. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Appoints Industry Veteran as VP of Global Strategy and Partnerships to Accelerate International Growth" url: "https://ttgi.io/turnium-appoints-industry-veteran-as-vp-of-global-strategy-and-partnerships-to-accelerate-international-growth/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   January 5, 2026 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce the" last_modified: "2026-01-05T19:22:32+00:00" categories: [Press] --- # Turnium Appoints Industry Veteran as VP of Global Strategy and Partnerships to Accelerate International Growth #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2026/01/TTGI_PR_Appoints-Industry-Veteran_Jan052026_VF.pdf)   **January 5, 2026 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**Turnium**” or the “**Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, is pleased to announce the appointment of Aldo G. Gallone as Vice President of Global Strategy and Partnerships.  Mr. Gallone brings over 35 years of leadership experience in the technology sector, with a proven track record of scaling sales organizations, developing strategic channel partnerships, and driving revenue growth across North America and Europe. His extensive background spans Cloud Computing, Cybersecurity, and Data Analytics, with senior leadership roles at major industry players including IBM, Scalar Decisions, Skytap, Sisense and GlassHouse Systems. “We are thrilled to welcome Aldo to the Turnium executive team at this pivotal moment in our growth trajectory,” said Doug Childress, Global CEO of Turnium. “Aldo is a ‘catalytic builder’ with a unique blend of corporate discipline and entrepreneurial agility. His experience in scaling recurring revenue models and his deep relationships within the global IT channel will be instrumental as we aggressively expand our partner ecosystem and bring our Technology-as-a-Service platform to new markets.” Prior to joining Turnium, Mr. Gallone served as Director of Cybersecurity Sales & Solutions at GlassHouse Systems, where he spearheaded a strategic overhaul that resulted in double-digit growth across all business lines. Previously, as Executive Vice President of Engineering and Services at Scalar Decisions, he was part of the executive team that doubled the business in two years, managing a 200+ person engineering team and integrating key acquisitions. Mr. Gallone’s career is also defined by his entrepreneurial success as Co-Founder and CEO of Visual Sports Systems, where he helped grow the company from inception to a successful exit via acquisition to private equity (North Castle Partners via Full Swing Golf). His deep understanding of the M&A landscape and corporate development will be a significant asset to Turnium’s strategic planning. “I am incredibly excited to join Turnium and work with a team that has built such a robust and scalable platform,” said Mr. Gallone. “Turnium’s white-label TaaS model solves a critical need for service providers and MSPs looking to own their connectivity and security stack. I look forward to leveraging my experience to build impactful global partnerships and drive significant value for our shareholders and partners.”   **About Turnium Technology Group Inc.** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium.   **Turnium Contact****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](https://encoded-592c9deb-987b-4562-aa3c-9fa3d37d83e9.uri/mailto:investor.relations@ttgi.io,)  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information ****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such statements include, among others, statements with respect to the expected benefits of the appointment of Mr. Gallone and the Company’s growth strategy, are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect the Company’s current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties and assumptions. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Extends Exclusivity Period of Non-Binding Letter of Intent with Insentra" url: "https://ttgi.io/turnium-extends-exclusivity-period-of-non-binding-letter-of-intent-with-insentra/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   December 29, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, provides an update regarding its" last_modified: "2025-12-29T13:23:37+00:00" categories: [Press] --- # Turnium Extends Exclusivity Period of Non-Binding Letter of Intent with Insentra #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/12/TTGI_PR_Insentra-LOI-Extension_Dec292025_VFF.pdf)   **December 29, 2025 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**Turnium**” or the “**Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, provides an update regarding its previously announced non-binding letter of intent dated November 9, 2025 (the “**LOI**”) with Insentra Management Services Pty Ltd on behalf of Insentra Holdings Pty Ltd. with respect to a potential transaction (the “**Transaction**”) to acquire substantially all the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom (collectively, “**Insentra**”). The parties have signed an amendment to the LOI (the “**Amendment**”) to extend the term period for entering into the definitive asset purchase agreement through to January 31, 2026.  For further details on the LOI and the Transaction, please refer to the Company’s press release dated November 10, 2025, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Further updates and particulars of the Transaction will be provided upon the parties entering into the definitive asset purchase agreement in connection with the Transaction. There can be no assurance that the Transaction will be completed on the terms proposed or at all. The completion of the Transaction remains subject to satisfactory completion of due diligence by all parties, negotiation of a definitive asset purchase agreement and regulatory and other approvals, including the approval of the TSX Venture Exchange (“**TSXV**”).  **About Insentra ****** Insentra is a 100% channel-only business, providing a range of Advisory, Professional Services, Artificial Intelligence, and Managed IT services exclusively through its network of IT partners and vendors. Headquartered in Sydney, Australia, Insentra operates globally, helping partners deliver outcomes for their clients: “We exist specifically to help partners grow…Our PartnerObsessed ™ business model achieves powerful results for our Partners and their clients through our crew’s deep expertise and specialised knowledge. We love what we do and are driven by a relentless determination to create raving fans.” For more information, visit [www.insentragroup.com](http://www.insentragroup.com).   **About Turnium** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium.   **Turnium Contact****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](https://encoded-592c9deb-987b-4562-aa3c-9fa3d37d83e9.uri/mailto:investor.relations@ttgi.io,)  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information ****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such statements include, among others, statements regarding the Transaction and the terms and conditions thereof, the receipt of TSXV and other regulatory or other approvals, whether Turnium or its business will derive any benefit from the Transaction, Turnium’s business and technology, Insentra’s business and technology, and Turnium’s expectations, business, projections, operations and growth in connection with the Transaction. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company and Insentra will not reach a definitive agreement with respect to the Transaction, or that the Transaction will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSXV). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces Offering of Secured Debentures and Warrants and Provides an Update on the Proposed Insentra Acquisition" url: "https://ttgi.io/turnium-technology-group-announces-offering-of-secured-debentures-and-warrants-and-provides-an-update-on-the-proposed-insentra-acquisition/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   December 22, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or the “Company\"), a global Technology-as-a-Service (TaaS) wholesale provider, is pleased to announce a proposed offering (the “Offering”) of" last_modified: "2025-12-22T23:11:08+00:00" categories: [Press] --- # Turnium Technology Group Announces Offering of Secured Debentures and Warrants and Provides an Update on the Proposed Insentra Acquisition #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/12/TTGI_Secured-Debenture-Offering-Initial-Press-Release_Dec222025_VF.pdf)   **December 22, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (**“TTGI”** or the “**Company”**), a global Technology-as-a-Service (TaaS) wholesale provider, is pleased to announce a proposed offering (the “**Offering**”) of units of the Company for aggregate gross proceeds of up to $4,650,000, with each unit (a “**Unit**”) having a price of $1,000 per Unit and consisting of: (i) one secured, non-convertible debenture in the principal amount of $1,000 (a summary of the terms and conditions described below, each “**Debenture**”) and (ii) 4,000 share purchase warrants (each a **“Warrant”**). Each Warrant will be non-transferable and entitle the holder thereof to purchase one (1) common share of the Company (each, a **“Common Share”**) with an exercise price of $0.10 per Common Share for a period of 36 months from the date of issuance, subject to the provisions for earlier termination outlined below and the Warrant certificates (the **“Maturity Date”**).  The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX Venture Exchange (the “**TSXV”)**.  The Company anticipates using the proceeds of the Offering as follows: _ $2,000,000 of the Offering, which is anticipated to be used for the proposed Insentra Acquisition (see above and below for an update), is conditional upon each investor in the Offering: (i) acknowledging that the proposed Insentra Acquisition is subject to approval by the TSXV and (ii) is willing to advance the funds intended for the proposed Insentra Acquisition prior to the approval of the TSXV of the proposed Insentra Acquisition, even though such TSXV approval is not guaranteed in the circumstances. See below for “Update on the Proposed Insentra Acquisition.”_ The Debentures will be non-convertible but a secured obligation of the Company by a first ranking security secured against its assets (other than the assets of its Tenacious Networks Inc.) pursuant to a general security agreement. Interest on the principal amount outstanding under each Debenture shall be at the rate of sixteen percent (16%) per annum, calculated as simple interest: (i) accrued on an annual basis and paid monthly, in arrears, commencing on the issuance of this Debenture up to and including the twenty-fourth (24th) month after issuance of the Debenture and (ii) accrued on an monthly basis for the outstanding principal amount and paid monthly, in arrears, commencing on the last day of the twenty-fifth (25th) month after issuance and continuing for each last day of the month for the next eleven (11) months, ending on the Maturity Date.    Subject to the early repayment  provisions outlined below, the outstanding principal amount under each Debenture will be paid by the Company by paying twelve (12) equal installments of an amount equal to: (i) the outstanding principal amount under each Debenture divided by (ii) twelve (12), commencing the last day of the twenty-fifth (25th) month after issuance and continuing for each last day of the month for the next eleven (11) months, ending on the Maturity Date. The Company will have the right, but not the obligation, at any time after the twelfth (12th) month after issuance of the Debenture to prepay the outstanding principal amount under each Debenture on the following terms: (1) if the prepayment occurs after the end of the twelfth (12th) month after issuance but on or before the end of the thirty-third (33rd) month after issuance, such prepayment will include an amount equal to: (i) the outstanding principal amount; plus (ii)  all accrued and unpaid interest owing up to the date of repayment; plus (iii) an additional four (4) months of interest; and (2) if the prepayment occurs after the end of the thirty-third (33rd) month issuance but on or before the Maturity Date, such prepayment includes an amount equal to: (i) the outstanding principal amount; plus (ii) all accrued and unpaid interest owing up to the date of repayment. The Warrants associated with each Unit are deemed to be bonus Warrants under TSXV Policy 5.1.  The Warrants will be subject to acceleration: (1) if the closing price for the Company’s common shares as traded on the TSXV is equal to or greater than $0.30 per share for any ten (10) consecutive trading days (the latest day of such period being the **“Threshold Date”**), then the Company  shall have until 4:00 pm (Vancouver time) on the thirtieth (30th) calendar day after the Threshold Date in which to provide notice to the Warrant holder by publishing a press release which will be made available on SEDARplus (the **“Notice”**) that the Warrants will expire sixty (60) days from the date of such Notice; or  (2) if the principal amount of each Debenture is pre-paid early after the twelfth (12th) month after issuance and before the twenty-fourth (24) month after issuance, 25% of the Warrants associated with such Debenture will terminate upon such voluntary early repayment by the Company on the thirtieth (30th) day from such early repayment date.  At closing, the investors will not be Non-Arm’s Length Parties but, in the event that any investor would, by exercising their Warrants and together with such investor’s  Non-Arm’s Length Parties (as that term is defined in the policies of the TSXV)  and any persons acting jointly or in concert with them, result in such holder becoming an Insider (as that term is defined in the policies of the TSXV) or a Control Person (as that term is defined in the policies of the TSXV), such investor will covenant not to exercise its Warrants until such investor files and receives TSV approval of its applicable Personal Information Form or the Company receives disinterested shareholder approval in accordance with the policies of the TSXV. The Company anticipates that, of the gross proceeds of the Offering, $3,000,000 of such gross proceeds will be non-brokered by ACNS Capital Markets Pty Ltd, trading as Alto Capital (**“Alto Capital”**) to accredited investors in Australia, and the remaining gross proceeds of up $1,650,000 will be a non-brokered offering to accredited investors in Canada and Europe. The fees payable to Alto Capital upon closing will be cash in the amount of $120,000.  A total of 1,200,000 non-transferable Warrants (the **“Finder’s Warrants”)** will be issuable on closing to ACNS Capital Markets Pty Ltd and other arm’s length finders, subject to the approval of the TSXV. Each Finder’s Warrant will be non-transferable and will have an exercise price of $0.10 per Common Share and will be valid for 36 months from the date of issuance. The payment of the cash fee and issuance of the Finder’s Warrants are subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSXV.  **Update on the Proposed Insentra Acquisition** Doug Childress, Global CEO of the Company stated _“We are currently completing customary due diligence, including legal and audit reviews in connection with the proposed Insentra Acquisition. Consequently, the Company expects to execute an extension to the Letter of Intent relating to the proposed Insentra Acquisition and anticipates entering into a definitive asset purchase agreement on or about January 31, 2026.”_  In the event that the Company does not obtain approval from the TSXV for the proposed Insentra Acquisition or the proposed Insentra Acquisition does not close for any other reason, the Company will retain the funds currently anticipated for the proposed Insentra Acquisition and will allocate such funds for its general working capital purposes until it finds appropriate use of such funds. In such circumstances, the Company will begin to pursue other acquisition opportunities in its pipeline and will utilize such funds when the Company deems it appropriate for any such future acquisition opportunities.    **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: investor.relations@ttgi.io,  Telephone: +1 416-479-9547  Media inquiries: please email media@ttgi.io Sales inquiries: please email sales@ttgi.io  www.ttgi.io, www.turnium.com, www.claratti.com   **CAUTIONARY NOTES****** Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Such statements include, among others, statements regarding the proposed Insentra Acquisition or the Offering and the terms and consideration payable thereunder, the satisfaction of conditions precedent to the proposed Insentra Acquisition or the Offering, the issuance of Units, Debentures and Warrants and the amounts and terms thereof, completion of the Offering and the amounts, terms and conditions thereof, the receipt of TSXV and other regulatory or other approvals, whether Turnium or its business will derive any benefit from the proposed Insentra Acquisition or the Offering, Turnium’s business and technology, and Turnium’s expectations, business, projections, operations and growth in connection with the proposed Insentra Acquisition or the Offering. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company may not complete the Offering or the proposed Insentra Acquisition, that the parties to the proposed Insentra Acquisition will not reach a definitive agreement, or that the Offering or the proposed Insentra Acquisition will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSXV). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium and Syntheia AI Commence Commercial Rollout of AI-Powered Communications Platform Across Partner Network" url: "https://ttgi.io/turnium-and-syntheia-ai-commence-commercial-rollout-of-ai-powered-communications-platform-across-partner-network/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Collaboration achieves revenue-generating commercialization and scale deployment milestones December 18, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), a global Technology-as-a-Service (TaaS) wholesale provider, is" last_modified: "2025-12-18T14:55:10+00:00" categories: [Press] --- # Turnium and Syntheia AI Commence Commercial Rollout of AI-Powered Communications Platform Across Partner Network #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/12/TTGI_PR_SYNTHEIA_Dec182025_VF.pdf)   **Collaboration achieves revenue-generating commercialization and scale deployment milestones**__ **December 18, 2025 **– Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a global Technology-as-a-Service (TaaS) wholesale provider, is pleased to announce a global commercialization partnership with Syntheia Corp. (“Syntheia”) (CSE: SYAI), a leading provider of conversational AI solutions for inbound and outbound telephone call management. This major milestone follows Turnium’s previously announced strategic alliance with **Syntheia AI**, marking the transition from collaboration to **revenue-generating commercialization**. The platform will be made available to Turnium’s channel partners as a value-added solution designed to enhance business communications, customer engagement, and operational efficiency. **AI-Driven Inbound and Outbound Communications** The Syntheia platform enables partners to deploy conversational AI for both **outbound and inbound business communications**, including: **Outbound Use Cases** - Business development and lead engagement - Accounts receivable and payment follow-ups - Appointment confirmations and proactive customer outreach **Inbound Use Cases** - Customer support and troubleshooting - Order status and service updates - Call routing and first-level response automation By automating high-volume and repetitive communication workflows, the platform allows businesses to remain responsive and consistent while reducing operational strain. **Partner-Focused Commercial Strategy****** “Our partners are constantly looking for ways to deliver more value without adding complexity,” said **Doug Childress, Global CEO of Turnium**. “The commercialization of Syntheia’s AI communications platform will sit within our TaaS ecosystem and provide our partners a practical, revenue-ready solution that addresses real business needs—from sales outreach to customer support—using AI.” **Tony Di Benedetto, Chairman and CEO of Syntheia AI**, added, “This commercial rollout represents a major milestone for Syntheia. Through Turnium’s global partner network, our platform can now be deployed at scale, enabling partners and their customers to modernize how they communicate with clients, prospects, and stakeholders.” **Scalable, Partner-Ready Deployment** The platform has been structured for easy integration into partner environments, with flexible usage models and support for multi-industry deployments. Initial rollouts will focus on select partners, with broader availability planned as adoption expands. This commercialization initiative reinforces Turnium’s strategy of delivering differentiated, AI-enabled solutions that drive partner growth and recurring revenue while strengthening customer relationships. **About Syntheia** Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations and deploying our technology to enhance customer satisfaction while dramatically reducing turnover and traditional staffing issues. For more information, visit [www.syntheia.ai](http://www.syntheia.ai).   **About Turnium Technology Group Inc.****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “**_Connectivity Matters_**.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Turnium’s Claratti Delivers CrewMate Connectivity Solution to Support Seafarers in Crisis" url: "https://ttgi.io/turniums-claratti-delivers-crewmate-connectivity-solution-to-support-seafarers-in-crisis/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Independent Maritime Publisher Highlights CrewMate's Critical Role in Seafarer Welfare During Vessel Detention December 11, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), through its" last_modified: "2025-12-11T14:04:49+00:00" categories: [Press] --- # Turnium’s Claratti Delivers CrewMate Connectivity Solution to Support Seafarers in Crisis #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/12/TTGI_PR_SFC_DEC112025_VFF.pdf)   **Independent Maritime Publisher Highlights CrewMate’s Critical Role in Seafarer Welfare During Vessel Detention** **December 11, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), through its Australian subsidiary Claratti, is pleased to announce that independent maritime publisher Daily Cargo News (DCN) has published a feature story showcasing how the CrewMate solution delivered critical connectivity support to international seafarers aboard the containership Hansa Homburg during an unexpected four-week vessel detention at Sydney Australia’s White Bay. The published article, [**Hampered Hansa Homburg helped by Seafarer Connect**](https://turnium.com/hampered-hansa-homburg-helped-by-seafarer-connect/)** **documents how Claratti’s CrewMate device, “a ruggedized, portable internet solution” was rapidly deployed to address the immediate welfare needs of vessel crew members facing extended periods alongside due to safety rectification works. [**Click Here**](https://turnium.com/hampered-hansa-homburg-helped-by-seafarer-connect/) to read article.  **Real-World Impact on Seafarer Welfare****** The Hansa Homburg case demonstrates CrewMate’s practical value in addressing one of the maritime industry’s most pressing challenges: maintaining crew connectivity during unexpected delays. As highlighted in the DCN article, extended periods without shore leave, communication access, and connection with family contribute to elevated stress, fatigue, and the conditions that drive down global Seafarer Happiness Index ratings. “This real-world deployment showcases exactly what CrewMate was designed to do,” said Doug Childress, Global CEO of TTGI. “When crew welfare is on the line, our solution delivers the ability to rapidly deploy reliable internet connectivity to vessels in non-standard locations. In this case, a cruise terminal rather than a traditional cargo port demonstrates the flexibility and robustness of the CrewMate platform. We are proud to support initiatives like Seafarer Connect that recognize connectivity as a fundamental human need for seafarers facing unexpected hardship.” **Partnership Strength and Rapid Response****** The article specifically commends the partnership between Claratti and the Tas Bull Seafarers Foundation’s Seafarer Connect initiative, highlighting how both organizations mobilized quickly to support the Hansa Homburg crew with the assistance of the Australian ITF Inspectorate. Robert Coombs, Managing Director of the Seafarer Connect project, noted in the DCN publication: “We thank Claratti for their ongoing partnership and rapid technical support. Ensuring seafarers stay connected during long delays is a small but important step in respecting their dignity, supporting their mental health, and recognising the sacrifices they make to keep global trade moving.” **About CrewMate** CrewMate is a ruggedized, lightweight, portable high-speed cellular/Wi-Fi device engineered specifically for maritime environments. CrewMate represents TTGI’s commitment to addressing real-world connectivity challenges because “Connectivity Matters” especially in critical industries where reliable internet access directly impacts human welfare and operational safety. **About Seafarer Connect** Seafarer Connect, part of the Tas Bull Seafarers Foundation, is a not-for-profit initiative dedicated to delivering free, high-quality Wi-Fi to international seafarers visiting Australian ports. It helps to address the humanitarian crisis of isolation at sea and promote crew welfare. For more information, please visit [https://www.seafarerconnect.com.au/](https://www.seafarerconnect.com.au/)   **About Turnium Technology Group Inc. ** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “**_Connectivity Matters_**.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Turnium Technology Group Announces Extension of Loans" url: "https://ttgi.io/turnium-technology-group-announces-extension-of-loans/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   December 9, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), a global Technology as a Service (TaaS) wholesale provider, is pleased to announce that pursuant" last_modified: "2025-12-09T21:48:29+00:00" categories: [Press] --- # Turnium Technology Group Announces Extension of Loans #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/12/TTGI_Prom-Note-Extension-Notice_Dec092025_VFF.pdf)   **December 9, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a global Technology as a Service (TaaS) wholesale provider, is pleased to announce that pursuant to its previous release regarding the extending of promissory notes totaling $1,073,000 through the issuance of new unsecured Loan Agreements (the “Loans”) has received conditional approval from the TSX Venture Exchange (”TSXV”). As previously noted, the Loans shall bear interest at a rate of 1.33% per month from the date of issue, to be paid quarterly in arrears commencing after the December 31, 2025 quarter. As the Borrower, TTGI shall repay the loan in full to the Lenders on the Maturity Date (December 31, 2027), together with any accrued and unpaid interest. The Borrower may prepay the Loan in full at any time prior to the Maturity Date, together with any accrued and unpaid interest, plus an additional three (3) months of interest. As further consideration for providing the Loan, the Borrower agrees, subject to receiving Regulatory Approval, to pay to the Lenders a bonus which shall be payable by the issuance to the Lenders of a total of 9,500,000 nontransferable common share purchase warrants of the Borrower (the “Bonus Warrants”) exercisable to purchase common shares of the Borrower equal to 100% of the principal amount of the Loans divided by $0.10 per share (the “Warrant Shares”) at an exercise price of $0.10 per Warrant Share, rounded up to the nearest whole share, for a period of up to 24 months with an expiry date of December 9, 2027 (the “Expiry Date”), subject to certain accelerated exercise provisions. The issuance of the warrants is subject to final acceptance of the TSXV. The loans represent the extension of previously issued and entered into loan agreements with four creditors in the Principal amount of $950,000 and accumulated interest in the amount of $123,000.  One of the Lenders is a Director of the Company, and the other Lenders are each arm’s length parties to the Company. The Original loans were issued per the table below: _ The warrants associated with the previous loans have either expired or were not issued leaving no warrants outstanding from the original loans issued. The new Bonus warrants shall be issued based on the original loan amounts being renewed for a total of 9,500,000 bonus warrants.  The newly issued Bonus Warrants are subject to an acceleration clause whereby (1) should the closing price for the Company’s common shares as traded on the Exchange is equal to or greater than $0.30 per share for any 10 consecutive trading days (the latest day of such 10-day period being the “Threshold Date”), then the Borrower shall have until 4:00 pm (Vancouver time) of the 30th calendar day after the Threshold Date in which to provide notice to the Lender by publishing a press release which will be made available on SEDARplus (the “Notice”) that the Warrants will expire 60 days from the date of such Notice; or  (2) If the Loan is prepaid in whole or in part by the Borrower prior to the first anniversary of the Closing Date, and in accordance with the provisions of the loan agreement, then a pro rata number of the Bonus Warrants must have their term reduced to the later of (i) one year from the date of issuance of the Bonus Warrants; and (ii) thirty (30) days from the reduction of the Loan. The issuance of 2,000,000 warrants to an insider pursuant to the Loans (“Insider Participation”) is considered to be a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101”). The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61- 101 contained in Sections 5.5(b) and 5.7(1)(b) of MI 61-101 in respect of the Insider Participation.   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **“Connectivity Matters.”_****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Technology Group Annual General Meeting Update" url: "https://ttgi.io/turnium-technology-group-annual-general-meeting-update/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   November 20, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), a global innovator in SD-WAN and connectivity solutions, announces that it has postponed its annual" last_modified: "2025-11-20T21:09:32+00:00" categories: [Press] --- # Turnium Technology Group Annual General Meeting Update #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/11/TTGI_PR_AGM-UPDATE_Nov202025.pdf)   **November 20, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a global innovator in SD-WAN and connectivity solutions, announces that it has postponed its annual general meeting (“AGM”) which was originally scheduled for December 19, 2025. The AGM will now take place on January 23, 2026. The specific time and location of the AGM are not yet determined but will be announced when the Company files its management information circular and related proxy materials in connection with the AGM. The Company further announces the resignation of Ms. Erin Campbell from the board. The Board of Directors wishes to thank Erin for her service and contributions to the Company, and extends its best wishes in her future endeavors.   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Technology Group Deploys Next-Generation SD-WAN Platform to 75% of OEM Partners" url: "https://ttgi.io/turnium-technology-group-deploys-next-generation-sd-wan-platform-to-75-of-oem-partners/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Version 7.x “Laywire” Delivers 10x Throughput Improvement and 40x Higher Server Density November 17, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), a global innovator in" last_modified: "2025-11-17T13:25:05+00:00" categories: [Press] --- # Turnium Technology Group Deploys Next-Generation SD-WAN Platform to 75% of OEM Partners #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/11/TTGI_PR_V7RC1_NOV172025.pdf)   **Version 7.x “Laywire” Delivers 10x Throughput Improvement and ****40x Higher Server Density** **November 17, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a global innovator in SD-WAN and connectivity solutions, today announced the successful deployment of its revolutionary Version 7.x RAC1 platform to 46 OEM partner environments, representing 75% of its partner ecosystem. The new platform, code-named “Laywire”, represents nearly a decade of development and delivers breakthrough performance improvements including 10x faster throughput speeds and 40x higher management server density, compared to the previous version(s). **Key Performance Metrics:** - **10x throughput improvement** on existing hardware (achieving 3Gbps on processors that previously delivered 300Mbps) - **24Gbps per core** throughput on Xeon Gold 6430 processors - **100,000 nodes** supported per management server (up from 2,000) - **2000:1** edge-to-core node ratio, dramatically reducing infrastructure costs “Our design philosophy focuses on making advanced use cases easily deployable while ensuring customer privacy and security,” said Josh Hicks, VP of Product and Development. “Laywire enables our partners to break through the traditional 1Gbps barrier and support ultra-high speeds ranging up to 24Gbps.” **New Business Opportunities Enabled:** - Multi-gigabit SD-WAN for core and edge connectivity - Network-as-a-Service (NaaS) deployments - Cost-effective large-scale IoT implementations - Global multi-site enterprise networks - Hybrid-cloud architectures The platform addresses the evolving needs of managed service providers (MSPs), telecommunications companies, and internet service providers (ISPs) seeking scalable, high-performance connectivity solutions. “This achievement represents another defining moment for Turnium,” said Doug Childress, Global CEO. “Our R&D team has set a new industry benchmark for SD-WAN technology delivery. Their decade-long commitment to innovation positions Turnium at the forefront of next-generation networking solutions.” For further information or to arrange a demonstration, please contact Turnium’s sales team via sales@ttgi.io.   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because **_“Connectivity Matters.”_****__** For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Turnium Technology Group Announces Marketing Agreement" url: "https://ttgi.io/turnium-technology-group-announces-marketing-agreement/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   November 11, 2025 - Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform," last_modified: "2025-11-11T14:55:39+00:00" categories: [Press] --- # Turnium Technology Group Announces Marketing Agreement #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/11/TTGI_PR_WM-Marketing-Agreement_Nov112025.pdf)   **November 11, 2025 –** **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce it has entered into a marketing agreement (the “Agreement”) with Winning Media LLC. (“**Winning Media**“). Turnium has engaged Winning Media, based in Houston, Texas, to provide comprehensive digital media marketing campaigns for the Company. The services provided by Winning Media include digital media, marketing strategies, advertising, and awareness campaigns. The agreement is for an initial term of three (3) months starting on November 11, 2025 to February 6, 2026. Turnium will pay Winning Media an aggregate amount of USD$100,000. The Agreement is subject to TSX Venture Exchange acceptance. Winning Media and Turnium are not related parties, and Winning Media and its principals do not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers-because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](https://api.newsfilecorp.com/redirect/RY8e0fKLYm) or follow us on Twitter [@turnium](https://api.newsfilecorp.com/redirect/WAqeKIbVJR).   **Turnium Contact:** Investor Relations: Bill Mitoulas** Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](https://api.newsfilecorp.com/redirect/qp2XRIwAxg), [www.turnium.com](https://api.newsfilecorp.com/redirect/noWwpSk1RG), [www.claratti.com](https://api.newsfilecorp.com/redirect/KL0eougLEE)   CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Announces Proposed Acquisition of Assets of Insentra Holdings" url: "https://ttgi.io/turnium-announces-proposed-acquisition-of-assets-of-insentra-holdings/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   With the closing of the Transaction, Insentra is expected to provide increased revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team The acquisition continues Turnium’s transformation" last_modified: "2025-11-10T16:00:39+00:00" categories: [Press] --- # Turnium Announces Proposed Acquisition of Assets of Insentra Holdings #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/11/Turnium-News-Release-announcing-Insentra-LOI-Final-v4.pdf)   - **With the closing of the Transaction, Insentra is expected to provide increased revenues, over 200 new indirect channel partners, increased technical and operational resources and a strong leadership team** - **The acquisition continues Turnium’s transformation to a Channel-first model**   **November 10, 2025 – **Vancouver, Canada** – Turnium Technology Group Inc.** **(TSXV: TTGI) (FSE: E48)** (“**Turnium**” or “**the Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce that it has entered into a non-binding Letter of Intent (“**LOI**”) dated November 9, 2025 with Insentra Management Services Pty Ltd on behalf of Insentra Holdings Pty Ltd. to acquire substantially all the assets of Insentra Holdings Pty Ltd. and certain affiliated entities in the United States and the United Kingdom (collectively, “**Insentra**”). Insentra is a private company incorporated under the laws of Australia, specialising in providing Advisory, Professional, Artificial Intelligence and managed IT services and solutions to businesses by exclusively partnering with IT providers. Insentra is headquartered in Sydney, Australia and serves clients globally. Pursuant to the LOI, the Company will acquire (the “**Transaction**”) all the assets, divisions, intellectual property, trade names, domains, applications (including those under development) and customer contracts of Insentra (the “**Assets**”) together with all employee entitlements including annual leave and long service leave for certain employees and free and clear of certain pre-existing debts and liabilities, in exchange for the following, payable to shareholders of Insentra (the “**Sellers**”): a)  a closing purchase price of approximately C$5,728,344 (the “**Purchase Price**”), comprised of:   i.   C$2,144,344 payable through the issuance of 10,721,720 common shares in the capital of the Company (the “**Common Shares**”) at a deemed price of C$0.20 per Common Share (the “**Consideration Shares**”); and ii.   Total cash consideration in the aggregate amount of C$3,584,000, as follows: (A) C$2,000,000 payable at closing; and (B) an additional C$1,584,000 in the form of a vendor take-back loan from Insentra, which will be payable in 20 monthly instalments following closing with interest. The interest rates payable will be set at 2% above the Royal Bank of Canada’s prime lending rate, per annum, and will track such rate until the final payment is made. In the event of any uncured defaults on any payments, Turnium will pay an additional default interest on the outstanding balance (including accrued interest) at a rate of 1.25% per month on all overdue amounts.   b)   Issuance of 1,188,000 common share purchase warrants of the Company (“**Warrants**”). Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of C$0.20 per Common Share for a period of three (3) years following issuance and will vest in equal 1/12th increments over the one (1) calendar year following closing.   c)   Potential earn-out payments of up to C$7,250,000, payable to the Sellers over two (2) fiscal years following closing, if certain revenue and adjusted EBITDA targets are achieved (the “**Performance Earn Out**”). The Performance Earn Out will be payable sixty (60) per cent in cash and forty (40) per cent through the issuance of Common Shares, being a maximum of 14,500,000 Common Shares. Common Shares issued pursuant to the Performance Earn Out will be issued at a price equal to the greater of C$0.20 or a 25% discount to the 10-day volume weighted average price of the Common Shares on the TSX Venture Exchange (the “**TSXV**”); and   d)   Potential EBITDA Bonus (the “**Bonus**”) is subject to EBITDA targets being exceeded, which will provide for payments up to C$2,000,000, payable to the Sellers over two (2) fiscal years following closing. The Bonus will be payable as sixty (60) per cent in cash and forty (40) per cent through the issuance of Common Shares, being a maximum of 4,000,000 Common Shares. Common Shares issued pursuant to the Bonus will be issued at a price equal to the greater of C$0.20 or a 25% discount to the 10-day volume weighted average price of the Common Shares on the TSXV. The Bonus for the second fiscal year following closing will be payable in a lump sum cash payment in an amount equal to the lesser of: (a) 2.5% of the available cash on hand for Turnium; or (b) the earned amount of the Bonus in question. **Doug Childress, Global CEO of Turnium, stated,** “The Insentra acquisition is complementary to our growth strategy and our Technology as a Service offering, which management expects could potentially triple the size of our business assuming market conditions remain favourable and all milestones and performance targets are achieved.  Both Turnium and Insentra sell to end customers through a channel-led business model, which, combined, will deliver over 280 worldwide partners.  With the closing of the Transaction, Insentra is expected to provide increased revenues, increased technical and operational resources and a strong leadership team to help facilitate Turnium achieving its long-term revenue objectives.” **Ronnie Altit, one of the founders and the CEO of Insentra, stated,** “We are excited to be joining forces with Turnium. For 16 years, Insentra has been built on trust, enduring relationships and a passion for helping our partners succeed. This transaction enhances the opportunities available to our partners and their clients by providing access to a broader suite of innovative services, while enabling our team to continue doing what we do best: remaining 100% channel only and helping our partners grow. Turnium’s channel approach, combined with its Technology as a Service offering and our channel-only DNA, creates a powerful platform that will unlock meaningful opportunities across our global ecosystem.” Pursuant to the LOI, Turnium and Insentra (each, a “**Party**”, and collectively, the “**Parties**”) have agreed to an exclusive period to complete due diligence in connection with the Transaction and to negotiate the terms and conditions of a definitive agreement (the “**Definitive Agreement**”), which is expected to be entered into on or before December 31, 2025 or such other date as agreed to by the Parties (the “**Term**”). The Definitive Agreement will incorporate the principal terms of the Transaction as described in the LOI, as well as other terms and conditions of a more detailed nature that the Parties may agree upon and that would be usual and customary for transactions of this nature. Pursuant to the LOI, Turnium may defer cash payments for any bonuses, commissions or other compensation to monthly instalments over a six (6) or twelve (12) month period, with interest, if such payments would affect the Company’s ability to service operational working capital requirements. The interest rates payable will be set at 2% above the Royal Bank of Canada’s prime lending rate, per annum, and will track such rate until the final payment is made. The Consideration Shares will be subject to various contractual lock-up restrictions, as follows: a)    25% of the Consideration Shares, being 2,680,430 Consideration Shares, will be released from lock-up on the date that is four (4) months after the closing of the Transaction; and   b)    75% of the Consideration Shares, being 8,041,290 Consideration Shares, will be released from lock-up in increments of 25%, being 2,680,430 Consideration Shares, every six (6) months thereafter. The LOI is intended as an expression of mutual intention of the Parties to proceed towards negotiating the Definitive Agreement, provided that there is no assurance that a Definitive Agreement will be successfully negotiated or entered into. If either Party terminates the LOI, such Party will pay to the other Party a termination fee in the amount of C$250,000, in accordance with the terms and conditions of the LOI and the policies of the TSXV. In addition, closing of the Transaction is subject to the satisfaction of a number of customary conditions, including, among other things: a)   the Parties using their best efforts to complete the novation and transfer of all key service, partnership, and material agreements of Insentra in respect of the operating business, including all the purchased Assets, to Turnium. All such agreements with an annual value of at least C$1,000,000 must be novated prior to closing of the Transaction; and   b)   certain founders of Insentra (“**Founders**”) entering into new employment agreements with a term ending no earlier than September 30, 2027. Pursuant to the LOI, certain employees (“**Employees**”), sales staff (“**Sales Staff**”) and Founders will receive securities-based compensation to be issued under Turnium’s Omnibus Equity Incentive Plan (the “**Plan**”) once such persons become Eligible Persons (as defined in the Plan) under the Plan, as follows: a)   certain portions of the compensation for certain Employees will be performance-based and paid in performance share units (“**PSUs**”) to be issued under the Plan, the terms and conditions of which are to be negotiated amongst the Parties and set out in the Definitive Agreement;   b)   the approved bonuses and commissions of certain Employees accrued prior to Closing will be paid in options (“**Options**”) to be issued under the Plan;   c)   certain Sales Staff will be issued PSUs under the Plan with respect to, in aggregate, 1,004,500 Common Shares as a signing bonus;   d)   at least 50% of the earned annual bonuses and/or commissions of the Founders will be paid in PSUs to be issued under the Plan, the terms and conditions of which are to be negotiated amongst the Parties and set out in the Definitive Agreement; and   e)   certain Employees that remain continuously employed with the Company for a period of twelve (12) months following closing of the Transaction will receive Options to acquire 10,000 Common Shares and if continuously employed for a period of twenty-four (24) months following closing of the Transaction, will receive Options to acquire an additional 10,000 Common Shares. The PSUs and Options will be issued in accordance with the terms and conditions of the Plan and the policies of the TSXV. The Transaction constitutes an arm’s length transaction within the meaning of the policies of the TSXV, and there are no finder’s fees payable in connection with the Transaction. The completion of the Transaction remains subject to regulatory and other approvals, including the approval of the TSXV. All securities issued in connection with the Transaction will be subject to a hold period of four months and one day from the date of issuance, as well as the resale and seasoning period rules of the applicable securities legislation. The Common Shares have been halted and may remain halted until the completion of the Transaction or until the TSXV receives the requisite documentation to resume trading. There can be no assurance that the Transaction will be completed on the terms proposed or at all. **Debt Facility** Prior to or concurrent with the completion of the Transaction, Turnium will enter into a debt financing arrangement with certain arm’s length third parties for approximately C$4,500,000 (the “**Debt Facility**”). Proceeds from the Debt Facility will be used for the cash component of the Purchase Price, other costs related to the Transaction and general working capital purposes. The Company will issue a comprehensive press release mentioning the terms of the debt when the loan facility is completed. **Insentra Financial Data** The following financial information for Insentra is presented for informational purposes only. This data was obtained from Insentra’s unaudited financial statements, prepared in accordance with the IFRS standard. Turnium has not independently verified this information and assumes no responsibility or liability for any errors or omissions in the accuracy, completeness, or timeliness of the financial data presented herein. Based on Insentra’s financial statements for the fiscal year ended June 30, 2024, Insentra had unaudited (externally prepared) Revenue of C$28.4M, Gross Margin of C$8.9M, and Earnings Before Taxes of (C$82K). The Company commissioned an independent Quality of Earnings report that confirmed the results of Insentra for the fiscal year ended June 30, 2024. Based on Insentra’s financial statements for the fiscal year ended June 30, 2025, and the Quality of Earnings (QoE) analysis of Insentra to June 30, 2025, the trailing twelve months Revenue, Gross Margin and Adjusted EBITDA would be C$24.5M, C$7.7M, and (C$1.36), respectively. The Company is conducting its own audit of the results for the financial year ended June 30, 2025, as part of its financial due diligence process. Provided that the Transaction closes prior to December 31, 2025, for the fiscal year ended September 30, 2026, management of the Company projects C$24M to C$26M in revenue, with an expected gross margin in the range of 38% to 41% and an adjusted EBITDA in the range of C$2.4M to C$3.0M.   **About Insentra ** Insentra is a 100% channel-only business, providing a range of Advisory, Professional Services, Artificial Intelligence, and Managed IT services exclusively through its network of IT partners and vendors. Headquartered in Sydney, Australia, Insentra operates globally, helping partners deliver outcomes for their clients: “We exist specifically to help partners grow…Our PartnerObsessed ™ business model achieves powerful results for our Partners and their clients through our crew’s deep expertise and specialised knowledge. We love what we do and are driven by a relentless determination to create raving fans.”   For more information, visit [www.insentragroup.com](https://venturenorthcapitalinc.cmail19.com/t/j-i-ydxkde-l-r/).   **About Turnium** Turnium acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://www.ttgi.io) or follow us on X @turnium.   **Turnium Contact****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](https://encoded-592c9deb-987b-4562-aa3c-9fa3d37d83e9.uri/mailto:investor.relations@ttgi.io,)  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://www.ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information ****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Such statements include, among others, statements regarding the Transaction and the terms and consideration payable thereunder, the satisfaction of conditions precedent to the Transaction, the issuance of PSUs and Options and the amounts and terms thereof, completion of the Debt Facility and the amounts, terms and conditions thereof, the receipt of TSXV and other regulatory or other approvals, the trading halt, whether Turnium or its business will derive any benefit from the Transaction, Turnium’s business and technology, Insentra’s business and technology, Insentra’s financial data and revenue, and Turnium’s expectations, business, projections, operations and growth in connection with the Transaction. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company and Insentra will not reach a definitive agreement with respect to the transaction, or that the transaction will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSXV). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium to Present at the Planet MicroCap Showcase: TORONTO in partnership with MicroCapClub on Wednesday, October 22, 2025 & 1×1 Meetings on Thursday, October 23, 2025" url: "https://ttgi.io/turnium-to-present-at-the-planet-microcap-showcase-toronto-in-partnership-with-microcapclub-on-wednesday-october-22-2025-1x1-meetings-on-thursday-october-23-2025/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   October 15, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48), a provider of secure, cost effective, uninterrupted and scalable global connectivity for businesses, today announced that it will be" last_modified: "2025-10-15T13:13:47+00:00" categories: [Press] --- # Turnium to Present at the Planet MicroCap Showcase: TORONTO in partnership with MicroCapClub on Wednesday, October 22, 2025 & 1×1 Meetings on Thursday, October 23, 2025 #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/10/TURNIUM-TTGI_PLANET-MICROCAP_TORONTO-OCT-15-2025_VF.pdf)   **October 15, 2025 – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48), a provider of secure, cost effective, uninterrupted and scalable global connectivity for businesses, today announced that it will be presenting at the Planet MicroCap Showcase: TORONTO 2025 in partnership with MicroCapClub on Wednesday, October 22, 2025 at 8:30 AM (Local Time – EST) at the Arcadian Loft in Downtown Toronto. Doug Childress, CEO of Turnium will be hosting the presentation and answering questions at the conclusion. To access the live presentation, please use the following information:  **Planet MicroCap Showcase: TORONTO 2025 in partnership with MicroCapClub** Date: Wednesday, October 22, 2025 Time: **8:30**–**9:00 AM** (Toronto, ON Local Time EST) Webcast: [https://event.summitcast.com/view/34SFNFBix4cZpKNiohrXeh/Pma54BMyaP96a6KdpebX4F](https://event.summitcast.com/view/34SFNFBix4cZpKNiohrXeh/Pma54BMyaP96a6KdpebX4F) If you would like to attend the Planet MicroCap Showcase: TORONTO 2025 and book 1×1 investor meetings with Doug Childress (CEO) and Ralph Garcea (Chair) of Turnium, please make sure you are registered here: [REGISTER](https://www.meetmax.com/sched/event_123229/conference_register.html) 1×1 meetings will be scheduled and conducted in person at the conference venue: Arcadian Loft in Downtown Toronto, ON. The Planet MicroCap Showcase: TORONTO 2025 in partnership with MicroCapClub website is available here: [HOME PAGE](https://www.meetmax.com/sched/event_123229/conference_home.html) If you can’t make the live presentation, all company presentation “webcasts” will be available directly on the conference event platform on this link under the tab “Agenda”: [AGENDA](https://www.meetmax.com/sched/event_123229/conference_presentations.html?bank_access=0&event_id=123229)   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://www.ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **_CAUTIONARY NOTES _****__** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._   --- --- title: "Turnium Technology Group to Present at the 2025 Cantech Letter Conference in Toronto" url: "https://ttgi.io/turnium-technology-group-to-present-at-the-2025-cantech-letter-conference-in-toronto/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) Cantech Investment Conference 2025 - Research Booklet Cantech Investment Conference 2025 - TTGI Spotlight   October 1, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), a" last_modified: "2025-10-01T13:52:18+00:00" categories: [Press] --- # Turnium Technology Group to Present at the 2025 Cantech Letter Conference in Toronto #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/10/TTGI_PR_CANTECH-TORONTO_OCT012025_VFF.pdf) #### [Cantech Investment Conference 2025 – Research Booklet](https://ttgi.io/wp-content/uploads/2025/10/Final-Booklet.pdf) #### [Cantech Investment Conference 2025 – TTGI Spotlight](https://ttgi.io/wp-content/uploads/2025/10/20250929-Atrium-TTGI-Spotlight.pdf)   **October 1, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a provider of secure, cost effective, uninterrupted, and scalable global connectivity for businesses, is pleased to announce its participation at the upcoming Cantech Letter Investment Conference on Thursday, October 9, 2025 in Toronto, Ontario.  Doug Childress, CEO of Turnium, and Ralph Garcea, Chairman of Turnium, will both be attending the conference to discuss the next phase of Turnium’s growth following the global release of _Insight_, and its recent partnership announcements with 01 Quantum (TSXV: ONE) (OTCQB: OONEF), Styx Intelligence (Private) and Syntheia (CSE: SYAI), enabling Turnium to expand its global offering Technology-as-a-Service (TaaS) solutions.  Mr. Childress will be delivering an investor presentation, and both Mr. Childress and Mr. Garcea will be participating in scheduled 1-on-1 meetings with investors at the conference.  **2025 Cantech Letter Conference** Date: Thursday, October 9, 2025** Location: Arcadian Loft, 8th floor, 401 Bay Street, Toronto, ON Turnium Presentation Time: 11:00**–**11:30 AM** in Track 3 The 2025 Cantech Letter Investment Conference provides up and coming technology companies with the opportunity to showcase their innovations and growth strategies and to participate in 1-on-1 meetings with investors and capital markets professionals. For more information, visit the conference website:  https://conference.cantechletter.com/   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Technology Group Unveils “Insight” – Next-Generation Network Analytics and Management Platform" url: "https://ttgi.io/turnium-technology-group-unveils-insight-next-generation-network-analytics-and-management-platform/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Introducing Turnium Insight - empowering global partners and customers with real-time network analytics, security features, and intuitive management tool September 10, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)" last_modified: "2025-09-10T12:40:21+00:00" categories: [Press] --- # Turnium Technology Group Unveils “Insight” – Next-Generation Network Analytics and Management Platform #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/09/TTGI_PR_INSIGHT-LAUNCH_SEP102025_VFF.pdf)   **Introducing Turnium Insight – empowering global partners and customers with real-time network analytics, security features, and intuitive management tool** **September 10, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a leader in Technology-as-a-Service (TaaS), announces the official launch of “Turnium _Insight_,” a breakthrough solution that empowers partners and customers with unmatched visibility, control, and security across their networks.  In a special podcast, Global CEO Doug Childress and VP of Product Development Josh Hicks introduced _Insight_, now available for all Turnium partners via both OEM and managed channels. Built upon Turnium’s robust SD-WAN architecture, _Insight_ delivers a single-pane-of-glass experience for day-to-day network oversight as well as new, advanced features designed to simplify management and enhance operational security. **Click to view Video:**  [Turnium Insight Conversation](https://youtu.be/RbelQVkES8s?si=1EnpDbc8IT0N1llS)   _ **Direct Video Link:**  [https://youtu.be/RbelQVkES8s?si=1EnpDbc8IT0N1llS](https://youtu.be/RbelQVkES8s?si=1EnpDbc8IT0N1llS) **Key Features:** - **Unified Dashboard:** Aggregates network activity, status, and critical alerts across all client sites into a seamless interface for rapid troubleshooting and informed decision-making. - **Advanced Topology Visualization:** Interactive topology and map views offer real-time site status, connection health, and instant drilldowns to site-specific data. - **Managed Alerts and Reporting:** Configurable alerting tools enable partners to monitor site connectivity, receive granular notifications, and optimize NOC operations for proactive incident response. - **Firewall and SSH Integration:** Partners can deploy popular firewall workloads and access sites remotely via built-in SSH terminals, all from within the Insight_ platform. - **Efficient Provisioning and Cloning:** Streamlined site cloning and provisioning workflows reduce deployment time and ensure consistency across client networks. - **Illuminate Engine (Layer 4-7 Analytics):** Deep packet inspection (DPI) with rich application and device-level insights, threat detection, and compliance reporting—empowering customers to identify performance bottlenecks, suspicious traffic, and optimize resource allocation. Childress commented, “Turnium _Insight_ is a game-changer for our partners and their customers, delivering unmatched control, intelligence, and operational efficiency. The visual, intuitive interface puts essential information at their fingertips—transforming network management and security.” Josh Hicks added, “This platform was developed with our partners’ needs in mind, integrating new utilities and security features that answer real-world demands—from multi-connection failover to IoT device monitoring and compliance support.” Turnium _Insight_ has seen rapid adoption since its soft launch, with resoundingly positive feedback from several hundred partners worldwide. The platform is now fully available and supported across all Turnium reseller and OEM partner channels. For further information or to arrange a demonstration, please contact Turnium’s sales team via sales@ttgi.io.   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Technology Group Partners with Styx Intelligence to Deliver Advanced Digital Risk Protection" url: "https://ttgi.io/turnium-technology-group-partners-with-styx-intelligence-to-deliver-advanced-digital-risk-protection/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   AI-powered Digital Risk Protection safeguarding brands, assets and executives from cyber threats September 4, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), a leader in" last_modified: "2025-09-04T12:12:46+00:00" categories: [Press] --- # Turnium Technology Group Partners with Styx Intelligence to Deliver Advanced Digital Risk Protection #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/09/TTGI_PR_STYX_SEP042025_VFF.pdf)   **AI-powered Digital Risk Protection safeguarding brands, assets and executives from cyber threats** **September 4, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a leader in Technology-as-a-Service (TaaS), and  Styx Intelligence (“Styx”), an AI-powered provider of advanced digital risk protection, are pleased to announce that on September 2, 2025, both parties signed a Global Strategic Partnership agreement.  TTGI will offer Styx Intelligence through its global partner ecosystem, offering organizations unified digital risk protection, rapid threat visibility, and immediate security action. Karim Ladha, Co-Founder & CEO, Styx Intelligence, said: “This global partnership with TTGI accelerates our mission to arm organizations with real-time control over their ever-expanding digital footprints. End customers benefit from seamless detection and remediation of phishing, data leaks, brand infringements, and third-party risks—all from one, intuitive platform. Styx provides the same level of visibility into cyber threats that attackers have, closing critical gaps and protecting organizations in an era of AI-driven and evolving risk.”  “Styx Intelligence’s platform empowers organizations with unprecedented visibility into external digital threats, including phishing, impersonation, brand abuse, and dark web exposures,” said Doug Childress, Global CEO of TTGI. “By providing our partners with access to these actionable insights, TTGI reaffirms our commitment to securing enterprises and driving value for our worldwide partners and clients. We are thrilled to on-sell Styx Intelligence to our network, enabling the highest standards of risk mitigation and brand protection.” By integrating Styx Intelligence, TTGI global partners gain access to: - Real-time monitoring across surface, deep, and dark web channels to quickly identify and provide visibility into your cyber threats; - Unified attack surface management that protects brands, executives, and critical assets from impersonation and data breaches; - Prioritized risk scoring to focus IT teams on the most urgent vulnerabilities, including regulatory, privacy, and vendor risks; and - Swift remediation and takedown services for phishing, fake sites, fraudulent ads, and leaks before they harm operations. The combined solution drives immediate, measurable protection for businesses facing today’s complex threat landscape. **About Styx Intelligence****** Styx Intelligence delivers AI-powered digital risk protection by monitoring and mitigating threats to brands, executives, data, and reputation. Its platform enables organizations to visualize risks, prioritize response, and maintain trust in a rapidly changing world.  For more information, visit the Company’s website at [www.styxintel.com](https://www.styxintel.com)   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.  --- --- title: "Turnium Technology Group and 01 Quantum Forge Global Strategic Alliance to Deliver Quantum-Safe Email Encryption" url: "https://ttgi.io/turnium-technology-group-and-01-quantum-forge-global-strategic-alliance-to-deliver-quantum-safe-email-encryption/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   NIST-approved PQC (FIPS-203 and FIPS-204 standards), IronCAP X™ September 2, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\"), a leader in Technology-as-a-Service (TaaS), and 01" last_modified: "2025-09-02T12:14:59+00:00" categories: [Press] --- # Turnium Technology Group and 01 Quantum Forge Global Strategic Alliance to Deliver Quantum-Safe Email Encryption #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/09/TTGI_PR_01COM_SEP022025_VFF.pdf)   **NIST-approved PQC (FIPS-203 and FIPS-204 standards), IronCAP X™** **September 2, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a leader in Technology-as-a-Service (TaaS), and 01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF) (“01”), a provider of a quantum-safe end-to-end email and file encryption system designed for enterprise use, announce the signing of a global strategic alliance to deliver quantum-safe email encryption solutions. “This agreement marks a significant step forward in our mission to provide secure and future-ready technology services,” said Doug Childress, Global CEO of TTGI. “We look forward to working closely with 01 to bring quantum-safe cybersecurity to our customers.” TTGI will offer 01’s IronCAP X™ Post-Quantum Cryptography (PQC) email service, leveraging TTGI’s worldwide partner network to reach organizations seeking robust, quantum-safe email and file encryption. TTGI will leverage this strategic relationship to help their partners reach companies storing and/or exchange sensitive data via email (e.g., financial, healthcare, legal, government).   IronCAP X™, developed by 01, is a quantum-safe end-to-end email and file encryption system designed for enterprise use. Built on NIST-approved PQC (FIPS-203 and FIPS-204 standards), IronCAP X™ ensures that emails remain fully encrypted from sender to recipient, protecting against both current and future cyber threats, including those posed by quantum computers. The system integrates effortlessly with popular enterprise email clients Microsoft Office Outlook, offering digital signing and encryption without disrupting user workflows. With its patent-protected technology and zero learning curve, IronCAP X™ delivers unmatched security and usability for organizations seeking future-proof communication solutions. “This partnership positions us to help enterprises future-proof their communications against quantum threats,” said Andrew Cheung, President and CEO of 01. “TTGI’s deep industry knowledge and commitment to innovation make them an ideal partner to accelerate the adoption of our quantum-safe end-user SaaS solutions.” The partnership is effective immediately, and both companies are committed to delivering value through joint initiatives, customer engagements, and continued innovation. **About 01 Communique** As [recently announced](https://www.01com.com/pdf/2025/July-Name-Change-final.pdf), the Company is in the process of rebranding to 01 Quantum Inc.  01 Communique (TSX-V: ONE; OTCQB: OONEF) has always been at the forefront of technology. The Company’s cyber security business unit focuses on post-quantum cybersecurity with the development of its IronCAP™ product line. IronCAP™’s technologies are patent-protected in the U.S.A. by its patents #11,271,715 and #11,669,833. The Company’s remote access business unit provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings. The remote access offerings are protected in the U.S.A. by its patents #6,928,479 / #6,938,076 / #8,234,701; in Canada by its patents #2,309,398 / #2,524,039 and in Japan by its patent #4,875,094.  For more information, visit the Company’s website at [www.ironcap.ca](http://www.ironcap.ca/) and [www.01com.com](https://www.01com.com)   **About Turnium Technology Group Inc. ** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Technology Group Reports 72.5% YoY Revenue Growth for Fiscal Q3 2025" url: "https://ttgi.io/turnium-technology-group-reports-72-5-yoy-revenue-growth-for-fiscal-q3-2025/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) Download Q3 Financial Statements (PDF) Download Q3 MD&A (PDF)   Highlights: FQ3 Revenue of $2.33M and FQ3 Gross Margin of $1.58M (or 67.8%) Guidance for Q4 FY2025, ending September 30, 2025: the Company expects Revenue" last_modified: "2025-08-29T21:40:42+00:00" categories: [Press] --- # Turnium Technology Group Reports 72.5% YoY Revenue Growth for Fiscal Q3 2025 #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/08/TTGI_Q3-2025-Fin-Results-PR_AUG-29-2025_VFF.pdf) #### [Download Q3 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2025/08/TTGI-FS-Q3-2025_final.pdf) #### [Download Q3 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2025/08/TTGI-MDA-Q3-2025_final.pdf)   **_Highlights:_** - **_FQ3 Revenue of $2.33M and FQ3 Gross Margin of $1.58M (or 67.8%)_** - **_Guidance for Q4 FY2025, ending September 30, 2025: the Company expects Revenue of $2.1M to $2.4M, and Gross Margin of $1.3M to $1.6M_** **August 29, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a global leader in Technology-as-a-Service (TaaS), is pleased to announce its financial results for Fiscal Q3 2025. All financial information is provided in Canadian dollars unless otherwise indicated.  The Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the third quarter ended June 30, 2025, are available on the Company’s SEDAR profile at [www.sedar.com](http://www.sedar.com). Doug Childress, Global CEO, stated: “The FQ3 2025 results showed robust year-over-year revenue growth but wider losses due to elevated expenses, some seasonal patterns, and deal delays. Management expects a rebound in FQ4 as deferred deals close and organic expansion continues, with a targeted focus on gross margin stability, increased organic partner growth, and strategic growth through acquisitions.”  TTGI’s leadership remains confident that the FQ3 results reflect transient costs and timing factors, with a solid pipeline and foundation for revenue growth and margin improvement in FQ4 and beyond. **Positive Outlook for FQ4 and Beyond** Despite some seasonal headwinds, TTGI presents a strong case for FQ4 recovery and accelerated growth in the first half of the next fiscal year: - **Seasonal Revenue Trends:** The company observed seasonal slowdowns in July and August, consistent with regional industry patterns, especially in the Asia Pacific region, which now represents 45% of the group’s total revenues following the Claratti integration. This seasonal softness impacted topline growth but aligns with broader data from the Australian Bureau of Statistics. - **Deferred Revenue and Pipeline:** Deferred revenue increased significantly QoQ, setting the stage for higher recognized sales in subsequent quarters. Management forecasts FQ4 revenue to be between $2.1M and $2.4M, indicating continued growth YoY. - **Gross Margin Stability:** Gross margin climbed to a solid 67.8% in FQ3, up from 62.2% YoY. Management expects margins to remain robust and even strengthen through cross-selling and organic platform growth. - **Operational Expenses:** While R&D and Sales & Marketing expenses will increase slightly due to growth initiatives, these increases should be more than offset by the decline in G&A expenses QoQ as cost efficiencies are realized. - **Strategic Growth Initiatives:** New partnerships in AI, post quantum cryptography (PQC), hardware deployments, and the launch of fresh products (such as _Insight_) are expected to drive incremental channel momentum and expand global customer reach. Recent wins, including new and renewed contracts, further validate the demand for TTGI’s value proposition. - **Post-Claratti Integration:** With Claratti now a major revenue contributor and global expansion well underway, management is optimistic about mitigating seasonal growth trends in December–January and July–August for future quarters. - **Strategic M&A Pursuit: **Growth Engine – Acquisitions remain a vital lever for TTGI’s long-term goal of reaching $100 million in revenue and $20 million in EBITDA by 2027, with management sharpening its focus on strategic deals that complement the Technology-as-a-Service platform and expand its global customer reach. - **Active M&A Pipeline:** The company is currently in conversations with three acquisition targets, and leadership expects successful deals will accelerate revenue growth and enhance platform synergies, potentially exceeding set targets before the three-year mark. - **Strengthening Operations: **By pursuing accretive M&A, TTGI aims to deepen its technical capabilities, diversify its product offerings, and drive operational efficiency, building on the demonstrable success of the Claratti acquisition. - **Shareholder Value:** Management is committed to evaluating and executing acquisitions that optimize return on capital, supporting both top-line and margin improvement over the coming quarters. - **Market Momentum:** The integration of acquired businesses and expansion into new verticals and geographies will position TTGI to capture emerging opportunities, leveraging its Technology-as-a-Service platform across a wider partner base and deeper into the SME segment. **Fiscal Third Quarter 2025 Highlights:** - **Revenue **increased to $2.33M, up 6.0% compared to $2.19M QoQ and up 72.5% compared to $1.35M YoY; - **Deferred Revenue **increased by $214K QoQ to $292K; - **Gross Margin **increased to $1.58M (or 67.8%), compared to $1.28M (or 58.4%) QoQ and $0.84M (or 62.2%) YoY; - **Total Expenses** increased to $2.75M, compared to $1.37M (including a $1.1M one-time credit) QoQ and $1.36M (pre-Claratti acquisition) YoY; - **Net Loss **increased to ($1.48M), compared to ($0.49M) QoQ and ($0.37M) YoY; - **Adjusted EBITDA****(1)** increased to ($1.53M), compared to $0.01M QoQ and ($0.20M) YoY; - **Number of Common Shares Outstanding (basic)** at the end of the third quarter 2025 were 165,122,873. Current shares outstanding, as of August 29, 2025 are 184,757,145. **FQ3 Adjusted EBITDA Explanation** Several factors contributed to TTGI’s FQ3 Adjusted EBITDA reversal: - **Increased Expenses**: Expenses for FQ3 rose to $2.75M driven by integration costs post-Claratti acquisition (including one-time severances), higher global expansion costs to set up the global cross-selling platform, and planned market share investments. There was also no repeat of the one-time credit seen in FQ2 (~$1.1M), which magnified the sequential expense increase. - **Deal Delays:** Some large deals were postponed due to external factors, including the macro uncertainty around tariffs. These deferred transactions contributed to a temporary dip in momentum; however, management expects them to be closed in subsequent quarters. **Fiscal Quarter Financial Highlights:** The Company’s key financial results for the three months ended June 30, 2025, are as follows: _ **Special Notes:_** _It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives. Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year._ _Revenue for the current quarter increased by 72% over the same quarter last year, while cost of goods sold increased by 50%. The Company reported a combined profit margin of 67% for the quarter, compared to 63% for the same quarter last year. The Company expects its combined profit margin will remain relatively constant in the near-term, and improve with organic growth through cross-selling into our respective customer bases._ _Post the acquisition of Claratti in August of 2024, which now contributes 45.2% of the Company’s revenues out of the Asia Pacific region, and now into Quarter 4, we are starting to see clear signs of seasonal revenue growth trends, in particular in December and January and July and August. The softer sales trends in both periods mentioned above are in line with data from the Australian Bureau of Statistics (ABS) 1, which also supports slower trends._   **Promissory Notes Update:** On August 1, 2025, the Company extended promissory notes totaling $1,073,000 through the issuance of new Loan Agreements (the “Loans”) with a Maturity Date of December 31, 2027. The Loans shall bear interest at a rate of 1.33% per month from the date of issue, to be paid quarterly in arrears commencing after the December 31, 2025 quarter. As the Borrower, TTGI shall repay the loan in full to the Lenders on the Maturity Date, together with any accrued but unpaid interest. The Borrower may prepay the Loan in full at any time prior to the Maturity Date, together with any accrued and unpaid interest, plus an additional three (3) months of interest. As further consideration for providing the Loan, the Borrower agrees, subject to receiving Regulatory Approval, to pay to the Lender a bonus which shall be payable by the issuance to the Lender of nontransferable common share purchase warrants of the Borrower (the “Bonus Warrants”) exercisable to purchase common shares of the Borrower equal to 100% of the principal amount of the Loan divided by $0.10 per share (the “Warrant Shares”) at an exercise price of $0.10 per Warrant Share, rounded up to the nearest whole share, for a period of up to 36 months from the issue Date (the “Expiry Date”), subject to certain accelerated exercise provisions. Jim Lovie, a director of the Company, is a Lender under the Loans, advancing $218,000 of the total principal. In connection with the Loans, and subject to exchange acceptance, the Company will issue to Mr. Lovie 2,180,000 non‑transferable bonus warrants exercisable at $0.10 for 36 months. Mr. Lovie’s participation constitutes a “related party transaction” under MI 61‑101. The Company is relying on the exemptions from the valuation and minority approval requirements pursuant to MI 61‑101, sections 5.5(a) and 5.7(1)(a), respectively, on the basis that the fair market value of the consideration does not exceed 25% of the Company’s market capitalization. The Loans, including the related party participation, were approved by the directors, with Mr. Lovie abstaining from voting. **Issuance of RSU’s to Key Management:** On August 20, 2025, the Company granted an aggregate of 7,000,000 restricted share units (“RSUs”) to certain key management personnel pursuant to its RSU Plan. The RSUs vest over one- and three-year periods in accordance with the terms of the RSU Plan, which has been approved by shareholders. **Subsequent Highlights to the Fiscal Third Quarter:** **August 14, 2025 –** TTGI Deploys 750+ Instances of Turnium Insight Worldwide. Turnium announces the immediate, full availability of Turnium Insight for all Turnium partners worldwide. Turnium Insight is a powerful network visibility and management platform, fully integrated into the Turnium suite of solutions, delivering unmatched control, intelligence, and operational efficiency to service providers and their customers. [**(LINK)******](https://www.newsfilecorp.com/release/262478/TTGI-Deploys-750-Instances-of-Turnium-Insight-Worldwide) **July 21, 2025 –** Turnium’s Claratti Secures Its Fourth Order from Seafarer Connect. Turnium announces that its Claratti subsidiary has secured a fourth order from Seafarer Connect valued at C$185,487 Total Contract Value (TCV) over 24 months for 19 additional CrewMate Lite devices. [**(LINK)******](https://www.newsfilecorp.com/release/259423/Turniums-Claratti-Secures-Its-Fourth-Order-from-Seafarer-Connect) **July 2, 2025** – Comms365 Renews C$1.16M 3-Year Partnership with Turnium Technology Group for Advanced SD-WAN Solutions. In addition to the partnership renewal, Comms365 to launch Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution, into the UK market.** **[**(LINK)******](https://www.newsfilecorp.com/release/257513/Comms365-Renews-C1.16M-3Year-Partnership-with-Turnium-Technology-Group-for-Advanced-SDWAN-Solutions) **Highlights During the Fiscal Third Quarter:** **June 26, 2025 – **Turnium Technology Group Inc. Announces Second Tranche Closing of Concurrent Non-Brokered Unit and Convertible Debenture Private Placements. [**(LINK)******](https://www.newsfilecorp.com/release/256907/Turnium-Technology-Group-Inc.-Announces-Second-Tranche-Closing-of-Concurrent-NonBrokered-Unit-and-Convertible-Debenture-Private-Placements) **June 24, 2025** – SDWAN & SASE Solutions UK Expands Partnership Commitment and Launches Turnium’s Groundbreaking Insight Software. SDWS UK launches Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution designed to augment traditional SD-WAN capabilities, offering customers advanced network visibility, control and security. [**(LINK)******](https://www.newsfilecorp.com/release/256586/SDWAN-SASE-Solutions-UK-Expands-Partnership-Commitment-and-Launches-Turniums-Groundbreaking-Insight-Software) **June 23, 2025** – Turnium Technology Group and Syntheia AI Forge Global Strategic Alliance to Accelerate AI Innovation and Market Reach. This partnership will see Syntheia AI join TTGI’s global supplier resource pool, bringing advanced AI expertise to strengthen TTGI’s internal technical, marketing, and partner delivery capabilities across its worldwide network of over 70 channel partners. [**(LINK)******](https://www.newsfilecorp.com/release/256437/Turnium-Technology-Group-and-Syntheia-AI-Forge-Global-Strategic-Alliance-to-Accelerate-AI-Innovation-and-Market-Reach) **June 13, 2025** – Turnium Technology Group Announces Upsized Convertible Debenture Offering. [**(LINK)******](https://www.newsfilecorp.com/release/255464/Turnium-Technology-Group-Announces-Upsized-Convertible-Debenture-Offering) **May 28, 2025 –** Turnium Technology Group Inc. Announces First Tranche Closing of Concurrent Non-Brokered Unit and Convertible Debenture Private Placements. [**(LINK)******](https://www.newsfilecorp.com/release/253634/Turnium-Technology-Group-Inc.-Announces-First-Tranche-Closing-of-Concurrent-NonBrokered-Unit-and-Convertible-Debenture-Private-Placements) **May 21, 2025 –** Turnium Technology Group Reports 60.1% YoY Revenue Growth for Fiscal Q2 2025. [**(LINK)******](https://www.newsfilecorp.com/release/252903) **May 15, 2025 –** Turnium Technology Group Secures Two Additional Renewable Network Projects Exceeding C$504K with Global Power Generation Australia. GPG Australia becomes one of Claratti’s Top 10 Global Customers. [**(LINK)******](https://www.newsfilecorp.com/release/252253/Turnium-Technology-Group-Secures-Two-Additional-Renewable-Network-Projects-Exceeding-C504K-with-Global-Power-Generation-Australia) **May 7, 2025 – **Turnium Technology Group Secures Contract with Seafarer Connect for New CrewMate Lite Services. This agreement expands on the established partnership between Turnium’s subsidiary, Claratti, and Seafarer Connect, further enhancing connectivity solutions for international seafarers. [**(LINK)******](https://www.newsfilecorp.com/release/251102/Turnium-Technology-Group-Secures-Contract-with-Seafarer-Connect-for-New-CrewMate-Lite-Services) **(1)**** Non-IFRS Financial Measures – Adjusted EBITDA** This MD&A references adjusted EBITDA, which is a non-IFRS financial measure. Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS financial measures to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors, and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income (loss) before tax excluding depreciation and amortization expense, share based expense, gain/loss on change on fair value of derivatives, loss on debt settlement, government grants, foreign exchange gain/loss, interest and accretion and SRED refund. Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company’s operations. The following table shows a reconciliation of adjusted EBITDA to net income (loss) before tax, the most comparable IFRS financial measure, for the three and nine months ended June 30, 2025 and 2024: ![](https://ttgi.io/wp-content/uploads/2025/08/Screenshot-2025-08-29-at-3.49.05-PM.png)   **About Turnium Technology Group Inc.: “Connectivity Matters”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—because “Connectivity Matters.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES ****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "TTGI Deploys 750+ Instances of Turnium Insight Worldwide" url: "https://ttgi.io/ttgi-deploys-750-instances-of-turnium-insight-worldwide/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   “This is truly a game-changer for our partners and their customers, delivering unmatched control, intelligence, and operational efficiency to service providers and their customers” August 14, 2025 – Vancouver, Canada  –  Turnium Technology Group" last_modified: "2025-08-14T11:44:33+00:00" categories: [Press] --- # TTGI Deploys 750+ Instances of Turnium Insight Worldwide #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/08/TTGI_PR_INSIGHT_Aug-14-2025_VFF.pdf)   **_“T__his is truly a game-changer for our partners and their customers, delivering unmatched control, intelligence, and operational efficiency to service providers and their customers”_**__ **August 14, 2025** – Vancouver, Canada  –  **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or the “Company”) is proud to announce the immediate, full availability of _Turnium Insight_ for all Turnium partners worldwide. _Turnium Insight_ is a powerful network visibility and management platform, fully integrated into the Turnium suite of solutions, delivering unmatched control, intelligence, and operational efficiency to service providers and their customers. “This is a game-changer for our partners,” said Doug Childress, Global CEO of TTGI. “At TTGI, our mission is to equip our partners with the most advanced technology solutions that help them excel in serving their clients. With _Turnium Insight_, we continue to lead innovation that delivers new efficiencies, greater visibility, and more value for service providers and end customers alike.” **_Turnium Insight_**** feature highlights include:** - Multitenancy & User Control – Manage multiple partners, organizations, and users with granular role-based permissions. - Zero-Touch Deployment – Rapidly provision, clone, and roll out nodes using templated workflows. - LAN & Edge Reach – Remotely access customer LANs and modems for faster troubleshooting. - Managed Alerts – Centralized alerting for proactive response and incident prevention. - Data Intelligence – Deep packet inspection, traffic pattern analysis, device-level metrics, and geolocation analytics. - Threat Detection – Monitor VPN and Tor usage, assess IP reputation, track encryption and protocol activity. - Firewall & Router Hosting – Deploy and manage third-party firewalls or routers on edge nodes. Already deployed across 750+ sites globally with early-adopter partners (approximately 6% of our customer base), _Turnium Insight_ has demonstrated measurable improvements in operational efficiency, security posture, and service quality. “We are incredibly excited to open _Turnium Insight_ to our entire global partner base, effective immediately,” added Childress. “With its advanced analytics, automation, and security features, _Turnium Insight_ transforms the way service providers manage networks, helping us move closer to our shared vision for the future of networking.”   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Toronto Stock Exchange, Turnium Technology Group Inc., The View from the C-Suite" url: "https://ttgi.io/toronto-stock-exchange-turnium-technology-group-inc-the-view-from-the-c-suite/" lang: "en-US" type: "post" description: "Toronto, Ontario - August 5, 2025 - Doug Childress, Chief Executive Officer, Turnium Technology Group Inc. (Company) (TSXV: TTGI), shares their Company's story in an interview with TMX Group. Cannot view this video? Visit: https://www.youtube.com/watch?v=yl48ykewrGE The View From The C-Suite" last_modified: "2025-08-08T18:07:19+00:00" categories: [Press] --- # Toronto Stock Exchange, Turnium Technology Group Inc., The View from the C-Suite **Toronto, Ontario – August 5, 2025** – Doug Childress, Chief Executive Officer, Turnium Technology Group Inc. (Company) (TSXV: TTGI), shares their Company’s story in an [interview](https://api.newsfilecorp.com/redirect/5W5wyheo2X) with TMX Group. Cannot view this video? Visit:** [https://www.youtube.com/watch?v=yl48ykewrGE](https://api.newsfilecorp.com/redirect/wEWYjh0Kko) The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest View From The C-Suite visit [https://www.tsx.com/en/c-suite](https://api.newsfilecorp.com/redirect/LqGYZSwzvQ)   About Turnium Technology Group Inc. (TSXV: TTGI)** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology- as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. Product or service names mentioned herein may be the trademarks of their respective owners. To learn more, visit: [https://ttgi.io/](https://api.newsfilecorp.com/redirect/oPLjgTDOYx) SOURCE Toronto Stock Exchange **MEDIA CONTACT: **[media@ttgi.io](mailto:media@ttgi.io) ![info](https://api.newsfilecorp.com/newsinfo/261338/157/) SOURCE: [Toronto Stock Exchange](https://www.newsfilecorp.com/company/10678/Toronto-Stock-Exchange) --- --- title: "Turnium’s Claratti Secures its Fourth Order from Seafarer Connect" url: "https://ttgi.io/turniums-claratti-secures-its-fourth-order-from-seafarer-connect/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Contract Valued at C$185K for CrewMate Lite Devices to Expand Maritime Connectivity July 21, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"TTGI\" or \"the Company\") is pleased to" last_modified: "2025-07-21T12:48:04+00:00" categories: [Press] --- # Turnium’s Claratti Secures its Fourth Order from Seafarer Connect #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/07/TTGI_PR_Seafarers-Connect_Jul212025_VF.pdf)   **_Contract Valued at C$185K for CrewMate Lite Devices to Expand Maritime Connectivity_**__ **July 21, 2025 **– Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”) is pleased to announce that its Claratti subsidiary has secured a fourth order from Seafarer Connect valued at C$185,487 Total Contract Value (TCV) over 24 months for 19 additional CrewMate Lite devices. This latest order, partially funded by London-based ITF Seafarers Trust and the Australian NSW State Government, underscores the growing demand for Claratti’s innovative connectivity solutions and its critical role in supporting the welfare of international seafarers visiting Australian ports. The CrewMate Lite devices are deployed on foreign cargo ships as they enter Australian waters, providing crew members with immediate, free, and reliable internet access throughout their stay. This connectivity enables seafarers to maintain vital connections with family and friends, access support services, and preserve their mental health during extended periods at sea. “This fourth order from Seafarer Connect demonstrates the proven effectiveness and reliability of our CrewMate Lite technology,” said Doug Childress, Global CEO of TTGI. “The continued partnership, now supported by Australian Government funding, validates both the humanitarian importance of this initiative and the quality of Claratti’s solutions in addressing the critical connectivity needs of international seafarers.” The Australian Government’s partial funding of this order represents a significant milestone in recognizing the essential nature of maritime connectivity services. This support positions Seafarer Connect and Claratti to accelerate their expansion plans to additional Australian ports, including Tasmania, Queensland, South Australia, Northern Territory, and Western Australia. Since the partnership began in 2022, Claratti’s technology has helped Seafarer Connect dramatically improve the welfare of thousands of international crew members, providing a lifeline that became especially critical during the COVID-19 pandemic when isolation at sea led to severe mental health challenges among seafarers.   **About Seafarer Connect** Seafarer Connect, part of the Tas Bull Seafarers Foundation, is a not-for-profit initiative dedicated to delivering free, high-quality Wi-Fi to international seafarers visiting Australian ports. It helps to address the humanitarian crisis of isolation at sea and promote crew welfare. For more information, please visit https://www.seafarerconnect.com.au/   **About Turnium Technology Group Inc.: “Let’s get IT done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Comms365 Renews C$1.16M 3-Year Partnership with Turnium Technology Group for Advanced SD-WAN Solutions" url: "https://ttgi.io/comms365-renews-c1-16m-3-year-partnership-with-turnium-technology-group-for-advanced-sd-wan-solutions/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   In addition to the partnership renewal, Comms365 to launch Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution, into the UK market July 2, 2025 – Vancouver, Canada and London, UK – Turnium" last_modified: "2025-07-02T12:43:39+00:00" categories: [Press] --- # Comms365 Renews C$1.16M 3-Year Partnership with Turnium Technology Group for Advanced SD-WAN Solutions #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/07/TTGI_PR_COMMS365_2_JUL_25_VFF.pdf)   _In addition to the partnership renewal, Comms365 to launch Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution, into the UK market_ **July 2, 2025 – **Vancouver, Canada and London, UK – **Turnium Technology Group Inc.** (**TSX.V: TTGI**) (**FSE: E48**) (“Turnium” or “the Company”), a global leader in software-defined wide area networking (SD-WAN), is pleased to announce the renewal of its multi-year agreement with UK-based Comms365 Limited (“Comms365”). The renewed three-year contract, which includes Comms365 launching Turnium’s Insight software, is valued at C$1.16 million, and underscores the continued collaboration between the two companies to deliver robust, secure, and scalable networking solutions across the UK.  Comms365, a recognized leader in managed connectivity and IoT solutions, has leveraged Turnium’s SD-WAN platform to empower its customers with greater network agility, performance, and security. The new agreement extends to this successful partnership, enabling Comms365 to further enhance its portfolio of managed services for enterprise and public sector clients. Doug Childress, Global CEO of Turnium commented, “We are delighted to extend our relationship with Comms365. This renewed agreement is an 11-year-old testament to the long-term value our SD-WAN platform brings to service providers seeking to deliver reliable, flexible, and secure connectivity solutions. Together, we are enabling UK businesses to thrive in an increasingly digital landscape.” Turnium’s SD-WAN technology provides comprehensive visibility and control over network traffic, empowering organizations to optimize performance, strengthen security, and address evolving compliance needs. As digital transformation accelerates, the partnership between Turnium and Comms365 ensures that UK enterprises have access to the intelligent networking solutions they need to succeed. Turnium Insight: Transforming Network Visibility and Security Turnium’s Insight is a cloud-based analytics and intelligence solution designed to augment traditional SD-WAN capabilities by providing deep Layer 3-7 traffic analysis and actionable insights. It empowers partners and their customers to: • See and Analyze All Traffic: Gain comprehensive visibility into all traffic flowing to and from each site, ensuring critical business applications receive priority bandwidth. • Monitor Users and Devices: Understand what individual users and devices are doing on the network to optimize performance and security. • Audit and Compliance Reporting: Generate detailed reports to meet regulatory standards such as PCI DSS and HIPAA. • Detect Security Vulnerabilities: Identify unauthorized or suspicious traffic, providing a “second set of eyes” that extends and enhances traditional firewall protections. For partners and wholesale providers, Insight offers: • Zero Touch Provisioning (ZTP): Rapidly deploy edge firewalls and Insight nodes without on-site configuration, accelerating service delivery. • Multi-Level Access Control: Manage access via dedicated partners and customer portals. • Intuitive New GUI: Simplifies demonstrations and sales processes with a fresh, user-friendly interface. • Branded Experience: Partners can customize the portal and interface to maintain brand consistency. • Advanced Capabilities: Including detailed bandwidth accounting, cyberthreat detection, device discovery, and API integration to third-party systems.   **About Comms365 Limited: ** Founded in 2008, Comms365 is a leading UK-based provider of advanced connectivity, managed networking, and IoT solutions for the business-to-business market. With a reputation for technical excellence and innovation, Comms365 designs, builds, integrates, and operates resilient networks that deliver exceptional reliability and performance. The company’s comprehensive portfolio includes SD-WAN, IoT, bonded internet, and 4G/5G network services—offering customers extraordinary availability, flexibility, and security. Comms365 stands out for its deep technical and field expertise, extensive experience in network automation and management, and a proven track record of solving complex connectivity challenges for enterprises and service providers alike. For more information visit [https://www.comms365.com/about-us](https://www.comms365.com/about-us)   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Turnium Technology Group Inc. Announces Second Tranche Closing of Concurrent Non-brokered Unit and Convertible Debenture Private Placements" url: "https://ttgi.io/turnium-technology-group-inc-announces-second-tranche-closing-of-concurrent-non-brokered-unit-and-convertible-debenture-private-placements/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Combined Debenture Offering of $2.20 million Combined Unit Offering of $1.25 million   June 26, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V:TTGI) (FSE:E48) (“Turnium” or the “Company”), a global leader in" last_modified: "2025-06-26T13:36:27+00:00" categories: [Press] --- # Turnium Technology Group Inc. Announces Second Tranche Closing of Concurrent Non-brokered Unit and Convertible Debenture Private Placements #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/06/TTGI_PRre-Closing-of-Tranche2-of-Concurrent-Unit-and-Convertible-Debenture-Financings_June26_2025_VF.pdf)   _Combined Debenture Offering of $2.20 million_ _Combined Unit Offering of $1.25 million_   **June 26, 2025 **– Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V:TTGI) (FSE:E48)** (“**Turnium**” or the “**Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that, further to its news releases dated April 16, 2025, May 8, 2025, May 23, 2025, May 28, 2025, and June 13, 2025, it has completed on June 25, 2025 (the “**Closing Date**”) the second tranche of its previously announced non-brokered private placement (the “**Unit Offering**”) of 14,687,856 units (each a “**Unit**”) at a price of CAD$0.07 per Unit for aggregate proceeds of $1,028,150. Each Unit is comprised of one (1) common share of the Company (a “**Common Share**”) and one (1) Common Share purchase warrant (a “**Warrant**”). Each Warrant is exercisable into one common share in the capital of the Company at an exercise price of CAD$0.10 per share (the “**Exercise Price**”) until June 25, 2028 (the “**Warrant Expiry Date**”), which is thirty-six (36) months following the Closing Date. The Company may, at its option, accelerate the expiry date of the Warrants on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSX Venture Exchange (the “**TSXV**”) is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. In connection with the Unit Offering, the Company paid a total cash commission of CAD$49,687 to an arm’s length finder, ACNS Capital Markets Pty Ltd. The Company also issued an aggregate of 709,821 non-transferable finder’s warrants (the “**Finder’s Warrants**”) to four (4) arm’s length finders: 141,964 Finder’s Warrants to ACNS Capital Markets Pty Ltd., 340,714 Finder’s Warrants to Ka Ming Kwok, 113,571 Finder’s Warrants to Cameron Ross Bolton, and 113,572 Finder’s Warrants to Clarke Colin Barlow. Each Finder’s Warrant is exercisable at any time prior to the Warrant Expiry Date and entitles the holder to purchase one (1) Common Share at the Exercise Price, subject to adjustment in certain events. The securities issued pursuant to the Unit Offering are subject to a hold period under applicable securities laws, which will expire on October 26, 2025. The net proceeds of the Unit Offering have been allocated towards expenses related to general operations including research and development of new products, sales and marketing, public company related expenses including audit and legal work, and other general operations related activities. **Concurrent Convertible Debenture Offering** The Company also announces that it has completed on the Closing Date the second tranche of its previously announced concurrent non-brokered private placement (the “**Debenture Offering**”) of unsecured convertible debentures (a “**Debenture**”) for aggregate gross proceeds of up to CAD$1,100,000.  The Debentures will be convertible, at the sole discretion of the holder thereof, into units of the Company (a “**Debenture Unit**”) at a conversion price of CAD$0.08 per Debenture Unit for the first twelve (12) months from the Closing Date and a conversion price of CAD$0.10 per Debenture Unit for the remaining term until June 25, 2028 (the “**Debenture Expiry Date**”). The Company may, at its option, force the conversion of the Debentures on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. Each Debenture Unit consists of one (1) Common Share and one (1) Common Share purchase warrant of the Company (a “**Debenture Warrant**”). Each Debenture Warrant will entitle the holder thereof to acquire one Common Share (a “**Debenture Warrant Share**”) at a price of CAD$0.10 per Debenture Warrant Share (the “**Debenture Warrant Exercise Price**”) until the Debenture Expiry Date, which is thirty-six (36) months following the Closing Date. (subject to adjustment in certain events that are customarily included in debentures that trigger such adjustment). The Company may, at its option, accelerate the expiry date of the Debenture Warrants on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. The Debentures bear interest at a rate of fifteen percent (15.0%) per annum from the Closing Date, payable semi-annually in arrears in cash on June 30 and December 31 of each year. The first interest payment will be on December 31, 2025 for the period from the Closing Date to December 31, 2025. A minimum of four (4) months’ interest will accrue, regardless of the date of repayment or conversion of the Debentures. In connection with the Debenture Offering, the Company paid a total cash commission of CAD$21,000 to two arm’s length finders: $7,000 to LOM Financial (Bermuda) Limited and $14,000 to CIBC Wood Gundy. The Company also issued 87,500 Finder’s Warrants to LOM Financial (Bermuda) Limited. Each Finder’s Warrant is exercisable at any time prior to the Debenture Expiry Date and entitles the holder to purchase one (1) Common Share at the Debenture Warrant Exercise Price, subject to adjustment in certain events. The securities issued pursuant to the Debenture Offering are subject to a hold period under applicable securities laws, which will expire on October 26, 2025. The net proceeds of the Debenture Offering have been allocated towards expenses related to general operations including research and development of new products, sales and marketing, public company related expenses including audit and legal work, and other general operations related activities. **TSX Venture Exchange Acceptance** The TSXV has conditionally accepted the concurrent Unit Financing and Convertible Debenture Financing. The Unit Financing and Convertible Debenture Financing remain subject to the final acceptance of the TSXV. **Shares for Debt Settlement** The Company has agreed to settle an aggregate of CAD$138,379 of indebtedness owing to certain arm’s length creditors through the issuance of 1,976,843 Common Shares at a price of CAD$0.07 per Common Share. The securities issued in connection with the debt settlement will be subject to a hold period of four (4) months and one (1) day from the date of issuance. **Digital Marketing Services Agreement** Turnium is pleased to announce that it has engaged Senergy Communications Capital Inc. (“Senergy”) to provide digital marketing services to the Company. Senergy’s services will consist of content creation, strategic messaging, and corporate communications. Senergy is a Vancouver, British Columbia based communications and media marketing company focused on helping public companies reach new investors and maintain relationships with shareholders using online strategies. For more information regarding Senergy please visit: [senergy.capital](https://www.senergy.capital/).   Senergy has been retained for an initial period of three months commencing July 1, 2025. In consideration of the services provided by Senergy, the Company has agreed to pay Senergy a fee of CAD$100,000 plus GST. Senergy and its principal and Chief Executive Officer Aleem Fidai are at arm’s length to the Company and have advised they do not own any securities in the Company.   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (“Turnium”) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information****** This announcement contains “forward-looking” statements within the meaning of applicable securities laws. Forward-looking statements and information relate to future events and future performance and reflect the Company’s expectations regarding: final approval of the Unit Offering and the Debenture Offering by the TSXV; the terms of the Unit Offering or the Debenture Offering; the terms of the Units, Warrants, Debentures, Debenture Units, and Debenture Warrants; and the use of net proceeds of the Unit Offering and the Debenture Offering. Forward-looking statements may be identified by words such as “seek”, “believe”, “plan”, “estimate”, “anticipate”, expect”, “intend”, and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and any other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made. Factors that could cause or contribute to such differences include, but are not limited to: the timing and outcome of regulatory approvals, including final approval by the TSXV; general economic, market, and business conditions in Canada; risks related to the effective management of the Company’s growth; fluctuations in foreign exchange and interest rates; stock market volatility; and political and economic conditions. There are no assurances that the Company can fulfill forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to the Company’s management team as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond its control. Although the Company believes that any forward-looking statements and information contained in this press release are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.   _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_ --- --- title: "SDWAN & SASE Solutions UK Expands Partnership Commitment and Launches Turnium’s Groundbreaking Insight Software" url: "https://ttgi.io/sdwan-sase-solutions-uk-expands-partnership-commitment-and-launches-turniums-groundbreaking-insight-software/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) SDWS UK launches Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution designed to augment traditional SD-WAN capabilities, offering customers advanced network visibility, control and security   June 24, 2025 – Vancouver, Canada and" last_modified: "2025-06-24T11:56:08+00:00" categories: [Press] --- # SDWAN & SASE Solutions UK Expands Partnership Commitment and Launches Turnium’s Groundbreaking Insight Software #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/06/TTGI_PR_SDWAN-SASE-Solutions-24-June-2025_VF.pdf) _SDWS UK launches Turnium’s Insight software, an innovative cloud-based analytics and intelligence solution designed to augment traditional SD-WAN capabilities, offering customers advanced network visibility, control and security_   **June 24, 2025** – Vancouver, Canada and London, UK – **Turnium Technology**** ****Group ****Inc. ****(TSX.V: TTGI) (FSE: E48)** (“Turnium” or “the Company”), a global leader in software-defined wide area networking (SD-WAN), is proud to announce that SDWAN & SASE Solutions (“SDWS”), a premier UK-based managed network provider, has renewed and expanded its partnership with Turnium for an additional 36 months, increasing its commitment by approximately C$125,000. As part of this renewed collaboration, SDWS has launched Turnium’s Insight software, an innovative tool delivering unprecedented network visibility, control, and security to its customers. “Turnium Insight delivers unparalleled visibility into network traffic and user behavior, enabling businesses to optimize their bandwidth, enhance security, and meet compliance requirements,” said Doug Childress, CEO of Turnium. “Our partnership with SDWS and their expanded commitment reflects the growing demand for intelligent, secure, and manageable SD-WAN solutions in the UK market.” **Strengthening Partnership, Elevating Network Intelligence:** This renewed agreement underscores the strong strategic alignment between SDWS and Turnium, enabling UK enterprises to benefit from cutting-edge SD-WAN technology combined with advanced analytics and security insights. The increased investment reflects confidence in Turnium’s evolving platform and the tangible value Insight brings to network management.   **Turnium Insight: Transforming Network Visibility and Security** Turnium’s Insight is a cloud-based analytics and intelligence solution designed to augment traditional SD-WAN capabilities by providing deep Layer 3-7 traffic analysis and actionable insights. It empowers partners and their customers to: - See and Analyze All Traffic: Gain comprehensive visibility into all traffic flowing to and from each site, ensuring critical business applications receive priority bandwidth. - Monitor Users and Devices: Understand what individual users and devices are doing on the network to optimize performance and security. - Audit and Compliance Reporting: Generate detailed reports to meet regulatory standards such as PCI DSS and HIPAA. - Detect Security Vulnerabilities: Identify unauthorized or suspicious traffic, providing a “second set of eyes” that extends and enhances traditional firewall protections. **For Partners and Wholesale Providers, Insight Offers:** - Zero Touch Provisioning (ZTP): Rapidly deploy edge firewalls and Insight nodes without on-site configuration, accelerating service delivery. - Multi-Level Access Control: Manage access via dedicated partner and customer portals. - Intuitive New GUI: Simplifies demonstrations and sales processes with a fresh, user-friendly interface. - Branded Experience: Partners can customize the portal and interface to maintain brand consistency. - Advanced Capabilities: Including detailed bandwidth accounting, cyberthreat detection, device discovery, and API integration to third-party systems.   **About SDWAN & SASE Solutions [SDWS]: ** SDWS is the creator of OMNIA, the all-in-one connection and protection solution, that seamlessly integrates SASE, SD-WAN, data assurance quantum encryption, XDR, SDWAN Cloud and secure remote and IoT solutions into one advanced yet affordable and scalable solution. SDWS are recognized as global thought leaders in next-gen intelligent connectivity, are the only company on the planet with 2 double-MEF accredited Subject Matter Experts, their CEO is a cryptology advisor to the EU, and the company has been selected by Ignity – in the top 10 of the world’s top tech accelerators – prestigious 5 year scale-up programme. The company stands out for its unparalleled expertise and commitment to innovation, designing, implementing, and supporting tailored network and security solutions for businesses of all sizes worldwide, via their headquarters, offices and R&D labs in the UK and Europe, and a satellite office in South Africa.  For more information visit [www.sdwan-solutions.global](http://www.sdwan-solutions.global/)   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium. **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.     --- --- title: "Turnium Technology Group and Syntheia AI Forge Global Strategic Alliance to Accelerate AI Innovation and Market Reach" url: "https://ttgi.io/turnium-technology-group-and-syntheia-ai-forge-global-strategic-alliance-to-accelerate-ai-innovation-and-market-reach/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   June 23, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“TTGI” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and" last_modified: "2025-06-23T11:39:05+00:00" categories: [Press] --- # Turnium Technology Group and Syntheia AI Forge Global Strategic Alliance to Accelerate AI Innovation and Market Reach #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/06/TTGI_PR_Syntheia_Jun232025_VFF.pdf)   **June 23,**** ****2025** – Vancouver, Canada – **Turnium Technology**** ****Group ****Inc. ****(TSX.V: TTGI) (FSE: E48)** (“TTGI” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce a major strategic alliance with Toronto-based Syntheia Corp. (CSE: SYAI), a pioneering conversational AI company. This partnership will see Syntheia AI join TTGI’s global supplier resource pool, bringing advanced AI expertise to strengthen TTGI’s internal technical, marketing, and partner delivery capabilities across its worldwide network of over 70 channel partners. Key Highlights: - Syntheia AI’s cutting-edge conversational AI and automation technologies will be integrated into TTGI’s expanding TaaS portfolio, enhancing the Company’s AI-driven solutions for its global partners and millions of end customers. - The alliance is designed to accelerate TTGI’s transformation into a solutions-based business, leveraging Syntheia’s proven AI capabilities to drive innovation, operational efficiency, and customer engagement at scale. - Syntheia AI will gain unprecedented access to TTGI’s global distribution network, unlocking new markets and growth opportunities for both companies. Doug Childress, Global CEO of TTGI stated, “This alliance marks a significant leap forward in our mission to deliver next-generation technology TaaS solutions. Syntheia AI’s expertise will supercharge our AI initiatives, enabling our partners to offer even more value to their customers worldwide.” “Partnering with TTGI gives Syntheia AI the global reach and distribution channel to rapidly scale our conversational AI solutions. We look forward to driving digital transformation together and delivering measurable impact for businesses everywhere,” said Tony Di Benedetto, Chairman and CEO of Syntheia AI. This partnership underscores TTGI’s commitment to innovation and its strategic focus on integrating best-in-class technologies to empower its channel partners and accelerate revenue growth. The collaboration is expected to deliver immediate and long-term value for both organizations and their stakeholders.   **About**** ****Syntheia ****AI****** Syntheia AI is a Toronto-based leader in conversational AI, specializing in advanced SaaS solutions that automate and enhance business communications for a wide range of industries including automotive, finance, logistics, and hospitality. Syntheia’s flagship product, AssistantNLP, leverages state-of-the-art natural language processing to deliver human-like interactions, streamline workflows, and improve customer satisfaction. With a focus on security, scalability, and multilingual capabilities, Syntheia AI has processed over a million conversations since its 2023 beta launch, and continues to set new standards in AI-driven customer engagement. The company is publicly listed on the Canadian Securities Exchange (CSE: SYAI) and is committed to driving innovation and digital transformation for businesses worldwide. For more information, visit [www.syntheia.ai](http://www.syntheia.ai/) or contact [info@syntheia.ai](mailto:info@syntheia.ai).   **About**** ****Turnium**** ****Technology**** ****Group**** ****Inc.:**** ****“Let’s**** ****get**** ****IT**** ****done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology- as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand.  In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](https://ttgi.io/) or follow us on Twitter @turnium.   **Turnium**** Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io)  Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY**** ****NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING**** ****INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Technology Group Announces Upsized Convertible Debenture Offering" url: "https://ttgi.io/turnium-technology-group-announces-upsized-convertible-debenture-offering/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   June 13, 2025 - Vancouver, Canada -  Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead" last_modified: "2025-06-13T12:12:58+00:00" categories: [Press] --- # Turnium Technology Group Announces Upsized Convertible Debenture Offering #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/06/TTGI-Press-Release-announcing-Upsize-to-Convertible-Debenture-Financing_Jun132025_VF.pdf)   **June 13, 2025** – Vancouver, Canada –  **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”)**, a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that, further to its news releases dated May 23, 2025 and May 28, 2025, the Company has increased its previously announced non-brokered private placement of unsecured convertible debentures (each a “**Debenture**” and, collectively, the “**Debentures**”) for aggregate gross proceeds of up to CAD$2,300,000 (previously up to CAD$2,000,000) (the “**Debenture Offering**”). Subject to the approval of the TSXV, the Company expects to close the second tranche of the Debenture Offering on or before June 26, 2025. The Debentures will be convertible, at the sole discretion of the holder thereof, into units of the Company (each a “**Debenture Unit**” and, collectively, the “**Debenture Units**”) at a conversion price of CAD$0.08 per Debenture Unit for the first twelve (12) months from the closing date of the second tranche of the Debenture Offering (the “**Closing Date**”) and a conversion price of CAD$0.10 per Debenture Unit for the remaining term until the Maturity Date (as defined below). The Debentures will mature on the date (the “**Maturity Date**“) that is thirty-six (36) months following the Closing Date. The Debentures issued during the first tranche of the Debenture Offering will mature on May 27, 2028.  Each Debenture Unit will consist of one (1) common share of the Company (each a “**Common Share**” and, collectively, the “**Common Shares**”) and one (1) Common Share purchase warrant of the Company (each a “**Debenture Warrant**” and, collectively, the “**Debenture Warrants**”). Each Debenture Warrant will entitle the holder thereof to acquire one Common Share (each a “**Debenture Warrant Share**” and, collectively, the “**Debenture Warrant Shares**”) at a price of CAD$0.10 per Debenture Warrant Share for a period of thirty-six (36) months following the Closing Date (subject to adjustment in certain events that are customarily included in debentures that trigger such adjustment).  The Company may, at its option, force the conversion of the Debentures on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days.  The Debentures will bear interest at a rate of fifteen percent (15.0%) per annum from the Closing Date, payable semi-annually in arrears in cash on June 30 and December 31 of each year. The first interest payment will be on December 31, 2025 for the period from the Closing Date to December 31, 2025. A minimum of four (4) months’ interest will accrue, regardless of the date of repayment or conversion of the Debentures. The Company may, at its option, accelerate the expiry date of the Debenture Warrants, when issued, on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. The Debentures, and any securities into which they may be exchanged or converted, will be subject to resale restrictions imposed by applicable securities laws, including a statutory hold period expiring four (4) months and one (1) day from the Closing Date of the Debenture Offering. Subject to the foregoing, the Debentures will be transferable pursuant to their terms. The Debenture Offering is subject to the approval of the TSXV. Subject to the approval of the TSXV and applicable laws, the Company may pay a finder’s fee of seven percent (7%) of the gross proceeds from the sale of Debentures sold to third parties sourced by the finders in cash or Common Shares payable to eligible finders on all or a portion of the Debenture Offering. An eligible finder will also receive “non-transferable” warrants of the Company equal in number to seven percent (7%) of the Common Shares issuable upon conversion of the Debentures, to the purchaser introduced by the Finder under the Debenture Offering (each a “**Finder’s Warrant**” and, collectively, the “**Finder’s Warrants**”). The Finder’s Warrants will be exercisable at the issue price of CAD$0.10 for a period of thirty-six (36) months from the Closing Date. The net proceeds from the Debenture Offering will be allocated towards expenses related to general operations including research and development of new products, sales and marketing, public company related expenses including audit and legal work, and other general operations related activities. The second tranche of the Debenture Offering is anticipated to be completed concurrently with the second tranche of the Company’s non-brokered private placement of up to 28,561,428 units of the Company for gross proceeds of up to CAD$2,000,000. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “**U.S. Securities Act**”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. **About**** ****Turnium**** ****Technology**** ****Group**** ****Inc.:**** ****“Let’s**** ****get**** ****IT**** ****done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted connectivity, and a scalable global Technology-as-a-Service (TaaS) platform to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium. **Turnium**** ****Contact:****** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io),  [www.turnium.com](http://www.turnium.com),  [www.claratti.com](http://www.claratti.com)  **CAUTIONARY NOTES****** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information****** This announcement contains “forward-looking” statements within the meaning of applicable securities laws. Forward-looking statements and information relate to future events and future performance and reflect the Company’s expectations regarding: approval of the Debenture Offering by the TSXV; completion of the Unit Offering or the Debenture Offering; the terms of the Unit Offering or the Debenture Offering; the terms of the Debentures; and the use of net proceeds of the Debenture Offering. Forward-looking statements may be identified by words such as “seek”, “believe”, “plan”, “estimate”, “anticipate”, expect”, “intend”, and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and any other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made. Factors that could cause or contribute to such differences include, but are not limited to: the timing and possible outcome of regulatory approvals in connection with the Unit Offering or the Debenture Offering; the possibility that the Unit Offering or the Debenture Offering may not close; general economic, market and business conditions in Canada; risks relating to the effective management of the Company’s growth; fluctuations in foreign exchange and interest rates and stock market volatility; and political and economic conditions. There are no assurances that the Company can fulfill forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to the Company’s management team as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond its control. Although the Company believes that any forward-looking statements and information contained in this press release are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.   _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_   --- --- title: "Turnium Technology Group Inc. Announces First Tranche Closing of Concurrent Non-brokered Unit and Convertible Debenture Private Placements" url: "https://ttgi.io/turnium-technology-group-inc-announces-first-tranche-closing-of-concurrent-non-brokered-unit-and-convertible-debenture-private-placements/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   May 28, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI; FSE:E48) (“Turnium” or the “Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead" last_modified: "2025-05-28T13:28:50+00:00" categories: [Press] --- # Turnium Technology Group Inc. Announces First Tranche Closing of Concurrent Non-brokered Unit and Convertible Debenture Private Placements #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR-re-Closing-of-Concurrent-Unit-and-Convertible-Debenture-Financings_May282025_VF.pdf)   **May 28, 2025 – Vancouver, Canada** – Turnium Technology Group Inc. (TSX.V: TTGI; FSE:E48) (“**Turnium**” or the “**Company**”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, further to its news releases dated April 16, 2025, May 8, 2025, and May 23, 2025, announces that it has completed on May 27, 2025 (the “**Closing Date**”) the first tranche of its previously announced non-brokered private placement (the “**Unit Offering**”) of 3,130,000 units (each a “**Unit**”) at a price of CAD$0.07 per Unit for aggregate proceeds of approximately CAD$220,000.  Each Unit is comprised of one (1) common share of the Company (a “**Common Share**”) and one (1) Common Share purchase warrant (a “**Warrant**”). Each Warrant is exercisable into one common share in the capital of the Company at an exercise price of CAD$0.10 per share (the “**Exercise Price**”) until May 27, 2028 (the “**Warrant Expiry Date**”), which is thirty-six (36) months following the Closing Date. The Company may, at its option, accelerate the expiry date of the Warrants on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSX Venture Exchange (the “**TSXV**”) is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. In connection with the Unit Offering, the Company paid certain arm’s length finders a cash commission in the aggregate amount of CAD$8,330 and issued an aggregate of 119,000 non-transferrable finder’s warrants of the Company exercisable at any time prior to the Warrant Expiry Date, with each such finder’s warrant entitling the holder thereof to purchase one Common Share, at an exercise price equal to the Exercise Price, subject to adjustment in certain events. The securities issued pursuant to the Unit Offering are subject to a hold period under applicable securities laws, which will expire on September 28, 2025. The net proceeds of the Unit Offering have been allocated towards expenses related to general operations including research and development of new products, sales and marketing, public company related expenses including audit and legal work, and other general operations related activities. **Concurrent Convertible Debenture Offering** The Company also announces that it has completed on the Closing Date the first tranche of its previously announced concurrent non-brokered private placement (the “**Debenture Offering**”) of unsecured convertible debentures (a “**Debenture**”) for aggregate gross proceeds of up to CAD$1,100,000.  The Debentures will be convertible, at the sole discretion of the holder thereof, into units of the Company (a “**Debenture Unit**”) at a conversion price of CAD$0.08 per Debenture Unit for the first twelve (12) months from the closing date of the Debenture Offering (the “**Closing Date**”) and a conversion price of CAD$0.10 per Debenture Unit for the remaining term until May 27, 2028 (the “**Debenture Expiry Date**”). The Company may, at its option, force the conversion of the Debentures on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. Each Debenture Unit consists of one (1) Common Share and one (1) Common Share purchase warrant of the Company (a “**Debenture Warrant**”). Each Debenture Warrant will entitle the holder thereof to acquire one Common Share (a “**Debenture Warrant Share**”) at a price of CAD$0.10 per Debenture Warrant Share (the “**Debenture Warrant Exercise Price**”) until the Debenture Expiry Date, which is thirty-six (36) months following the Closing Date. (subject to adjustment in certain events that are customarily included in debentures that trigger such adjustment). The Company may, at its option, accelerate the expiry date of the Debenture Warrants on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. The Debentures bear interest at a rate of fifteen percent (15.0%) per annum from the Closing Date, payable semi-annually in arrears in cash on June 30 and December 31 of each year. The first interest payment will be on December 31, 2025 for the period from the Closing Date to December 31, 2025. A minimum of four (4) months’ interest will accrue, regardless of the date of repayment or conversion of the Debentures. In connection with the Debenture Offering, the Company paid certain arm’s length finders a cash commission in the aggregate amount of CAD$7,350 and issued an aggregate of 91,875 non-transferrable finder’s warrants of the Company exercisable at any time prior to the Debenture Expiry Date, with each such finder’s warrant entitling the holder thereof to purchase one Common Share, at an exercise price equal to the Debenture Warrant Exercise Price, subject to adjustment in certain events. The securities issued pursuant to the Debenture Offering are subject to a hold period under applicable securities laws, which will expire on September 28, 2025. The net proceeds of the Debenture Offering have been allocated towards expenses related to general operations including research and development of new products, sales and marketing, public company related expenses including audit and legal work, and other general operations related activities. The Company anticipates closing a second tranche of both the Unit Offering and the Debenture Offering next week. Ralph Garcea, Chairman of the Company, participated in the Debenture Offering for C$500,000, and such Units issued to insiders are subject to a four month hold period pursuant to applicable policies of the TSX Venture Exchange. The issuance of Units to insiders is considered a “related party transaction” within the meaning of Multilateral Instrument 61-101 – _Protection of Minority Security Holders in Special Transactions_ (“**MI 61-101**”). The Company is relying on exemptions from the formal valuation requirements of MI 61-101 pursuant to section 5.5(a) and the minority shareholder approval requirements of MI 61-101 pursuant to section 5.7(1)(a) in respect of such insider participation as the fair market value of the transaction, insofar as it involves interested parties, does not exceed 25% of the Company’s market capitalization. **TSX Venture Exchange Acceptance** The TSXV has conditionally accepted the concurrent Unit Financing and Convertible Debenture Financing. The Unit Financing and Convertible Debenture Financing remain subject to the final acceptance of the Exchange.   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (“Turnium”) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. Turnium’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information****** This announcement contains “forward-looking” statements within the meaning of applicable securities laws. Forward-looking statements and information relate to future events and future performance and reflect the Company’s expectations regarding: final approval of the Unit Offering and the Debenture Offering by the TSXV; completion of the Unit Offering or the Debenture Offering; the terms of the Unit Offering or the Debenture Offering; the terms of the Units, Warrants, Debentures, Debenture Units, and Debenture Warrants; and the use of net proceeds of the Unit Offering and the Debenture Offering. Forward-looking statements may be identified by words such as “seek”, “believe”, “plan”, “estimate”, “anticipate”, expect”, “intend”, and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and any other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made. Factors that could cause or contribute to such differences include, but are not limited to: the timing and possible outcome of regulatory approvals in connection with the Unit Offering or the Debenture Offering; the possibility that the Unit Offering or the Debenture Offering may not close; general economic, market and business conditions in Canada; risks relating to the effective management of the Company’s growth; fluctuations in foreign exchange and interest rates and stock market volatility; and political and economic conditions. There are no assurances that the Company can fulfill forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to the Company’s management team as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond its control. Although the Company believes that any forward-looking statements and information contained in this press release are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.   _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_ --- --- title: "Turnium Technology Group Announces Conditional Approval of Unit Offering and Update on Debenture Offering" url: "https://ttgi.io/turnium-technology-group-announces-conditional-approval-of-unit-offering-and-update-on-debenture-offering/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   May 23, 2025 - Vancouver, Canada -  Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead" last_modified: "2025-05-23T13:24:07+00:00" categories: [Press] --- # Turnium Technology Group Announces Conditional Approval of Unit Offering and Update on Debenture Offering #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/Turnium-Press-Release-announcing-NBPP-and-Debenture-updates_May232025_VF.pdf)   **May 23, 2025** – Vancouver, Canada –  **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”)**, a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce that, further to its Press Release dated May 8, 2025 (the “**Prior News Release**”), the Company has received conditional approval from the TSX Venture Exchange (the “**TSXV**”) for its non-brokered private placement of up to 28,561,428 units of the Company (each a “**Unit**” and, collectively, the “**Units**”) for gross proceeds of up to CAD$2,000,000 (the “**Unit Offering**”). The Company expects to close the first tranche of the Unit Offering next week.  **_Debenture Offering _** The Company also announces that, further to the Prior News Release, it has updated the terms of the concurrent non-brokered private placement of unsecured convertible debentures (each a “**Debenture**” and, collectively, the “**Debentures**”) for aggregate gross proceeds of up to CAD$2,000,000 (the “**Debenture Offering**”). Subject to the approval of the TSXV, the Company expects to close the first tranche of the Debenture Offering next week. The Debentures will be convertible, at the sole discretion of the holder thereof, into units of the Company (each a “**Debenture Unit**” and, collectively, the “**Debenture Units**”) at a conversion price of CAD$0.08 per Debenture Unit for the first twelve (12) months from the closing date of the Debenture Offering (the “**Closing Date**”) and a conversion price of CAD$0.10 per Debenture Unit for the remaining term until the Maturity Date (as defined below). The Debentures will mature on the date (the “**Maturity Date**“) that is thirty-six (36) months following the Closing Date. Each Debenture Unit will consist of one (1) common share of the Company (each a “**Common Share**” and, collectively, the “**Common Shares**”) and one (1) Common Share purchase warrant of the Company (each a “**Debenture Warrant**” and, collectively, the “**Debenture Warrants**”). Each Debenture Warrant will entitle the holder thereof to acquire one Common Share (each a “**Debenture Warrant Share**” and, collectively, the “**Debenture Warrant Shares**”) at a price of CAD$0.10 per Debenture Warrant Share for a period of thirty-six (36) months following the Closing Date (subject to adjustment in certain events that are customarily included in debentures that trigger such adjustment). The Debentures are to be issued and sold under the “accredited investor” exemption or any other applicable exemptions from any prospectus requirements as contained in National Instrument 45-106 – _Prospectus Exemptions_.  The Company may, at its option, force the conversion of the Debentures on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days.  The Debentures will bear interest at a rate of fifteen percent (15.0%) per annum from the Closing Date, payable semi-annually in arrears in cash on June 30 and December 31 of each year. The first interest payment will be on December 31, 2025 for the period from the Closing Date to December 31, 2025. A minimum of four (4) months’ interest will accrue, regardless of the date of repayment or conversion of the Debentures. The Company may, at its option, accelerate the expiry date of the Debenture Warrants, when issued, on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. The Debentures, and any securities into which they may be exchanged or converted, will be subject to resale restrictions imposed by applicable securities laws, including a statutory hold period expiring four (4) months and one (1) day from the closing date of the Debenture Offering. Subject to the foregoing, the Debentures will be transferable pursuant to their terms. The Debenture Offering is subject to the approval of the TSXV. The Debentures will be unsecured obligations of the Company and will rank _pari passu_ in right of payment of principal and interest with all other Debentures issued under the Offering and all previously existing and future unsecured indebtedness of the Company. At any time and from time to time after the expiry of four (4) months after the Closing Date, the Company may, at its option, redeem pro rata all or part of the Debentures, upon not less than thirty (30) days’, and not more than sixty (60) days’, prior written notice, at a redemption price (payable in cash) which is equal to one hundred and ten percent (110%) of the principal amount thereof plus any accrued and unpaid interest that would otherwise be payable to the holder from the time of such option redemption until the Maturity Date. Subject to the approval of the TSXV and applicable laws, the Company may pay a finder’s fee of seven percent (7%) of the gross proceeds from the sale of Debentures sold to third parties sourced by the finders in cash or Common Shares payable to eligible finders on all or a portion of the Debenture Offering. An eligible finder will also receive “non-transferable” warrants of the Company equal in number to seven percent (7%) of the Common Shares issuable upon conversion of the Debentures, to the purchaser introduced by the Finder under the Debenture Offering (each a “**Finder’s Warrant**” and, collectively, the “**Finder’s Warrants**”). The Finder’s Warrants will be exercisable at the issue price of CAD$0.10 for a period of thirty-six (36) months from the Closing Date. The Company intends to use the net proceeds from the Debenture Offering for general operations including research and development of new products, sales and marketing, public company related expenses including audit and legal work, and other general operations related activities. The Debenture Offering is expected to involve one or more directors and management of the Company and therefore is expected to be a related party transaction subject to Multilateral Instrument 61-101 _– Protection of Minority Security Holders in Special Transactions_ (“**MI 61-101**”). The Debenture Offering will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a) of MI 61-101, respectively, as the Company is not listed or quoted on any of the stock exchanges or markets listed in subsection 5.5(b) of MI 61-101, and neither the fair market value of the securities to be distributed to, nor the consideration to be received by, such related parties for the securities under the Debenture Offering will exceed 25% of the Company’s market capitalization. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “**U.S. Securities Act**”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.   _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_   **About**** ****Turnium**** ****Technology**** ****Group**** ****Inc.:**** ****“Let’s**** ****get**** ****IT**** ****done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium. **Turnium**** ****Contact:****** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com),  [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES****** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information****** This announcement contains “forward-looking” statements within the meaning of applicable securities laws. Forward-looking statements and information relate to future events and future performance and reflect the Company’s expectations regarding: approval of the Debenture Offering by the TSXV; completion of the Unit Offering or the Debenture Offering; the terms of the Unit Offering or the Debenture Offering; the terms of the Debentures; and the use of net proceeds of the Debenture Offering. Forward-looking statements may be identified by words such as “seek”, “believe”, “plan”, “estimate”, “anticipate”, expect”, “intend”, and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and any other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made. Factors that could cause or contribute to such differences include, but are not limited to: the timing and possible outcome of regulatory approvals in connection with the Unit Offering or the Debenture Offering; the possibility that the Unit Offering or the Debenture Offering may not close; general economic, market and business conditions in Canada; risks relating to the effective management of the Company’s growth; fluctuations in foreign exchange and interest rates and stock market volatility; and political and economic conditions. There are no assurances that the Company can fulfill forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to the Company’s management team as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond its control. Although the Company believes that any forward-looking statements and information contained in this press release are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. --- --- title: "Turnium Technology Group Reports 60.1% YoY Revenue Growth for Fiscal Q2 2025" url: "https://ttgi.io/turnium-technology-group-reports-60-1-yoy-revenue-growth-for-fiscal-q2-2025/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) Download Q2 Financial Statements (PDF) Download Q2 MD&A (PDF)   Highlights: Q2 Revenue of $2.19M and Q2 Gross Margin of $1.28M Q2 Operating Expenses of $1.37M vs $2.82M QoQ - a 51% sequential reduction Positive" last_modified: "2025-05-21T15:49:14+00:00" categories: [Press] --- # Turnium Technology Group Reports 60.1% YoY Revenue Growth for Fiscal Q2 2025 #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_Q2-2025-Fin-Results-PR_MAY-21-2025_VF.pdf) #### [Download Q2 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_FS_Q2_2025_Final.pdf) #### [Download Q2 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_MDA_Q2_2025_Final.pdf)   **_Highlights:_** - **_Q2 Revenue of $2.19M and Q2 Gross Margin of $1.28M_** - **_Q2 Operating Expenses of $1.37M vs $2.82M QoQ – a 51% sequential reduction_** - **_Positive Adjusted EDITDA of $0.1M in Q2 – ahead of schedule_** - **_Guidance for Q3 FY2025, ending June 30, 2025: the Company expects Revenue of $2.5M to $2.75M, and Gross Margin of $1.5M to $1.7M_**   **May 21, 2025 **– Vancouver, Canada – Turnium Technology Group Inc. (**TSX.V: TTGI**) (**FSE: E48**) (“**Turnium**” or “**the Company**”), a global leader in Technology-as-a-Service (TaaS), announces its financial results for Fiscal Q2 2025. All financial information is provided in Canadian dollars unless otherwise indicated. Doug Childress, Group CEO of Turnium, commented, “I am delighted to report that much of our team’s operational and sales efforts have translated to a positive Adjusted EBTDA for the second quarter, well ahead of schedule.  We are confident that we are well-positioned to meet our goal of achieving cash flow positivity on a go-forward basis. In the second quarter, our team executed and delivered on numerous contract renewals and new customer wins, which strengthens our ever-growing global market presence. Our focus remains – develop and deliver new and innovative TaaS solutions and expand our business organically by adding new global channel partners and increasing our monthly recurring revenue (MRR).” The Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the second fiscal quarter ended March 31, 2025, are available on the Company’s SEDAR profile at [www.sedar.com](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-r/). *Note: for YoY comparisons, Fiscal Q2 2024 results do not include Claratti, as the acquisition closed on August 22, 2024. **Fiscal Second Quarter 2025 Highlights:** - **Revenue **increased to $2.19M, up 11.2% compared to $1.97M QoQ and up 60.1% compared to $1.37M YoY; - **Gross Margin **decreased to $1.28M (based on product mix), compared to $1.34M QoQ and $0.99M YoY; - **Total Expenses** decreased to $1.37M, down 51% compared to $2.82M QoQ and $1.37M YoY; - **Net Loss **decreased to ($0.44M), compared to ($1.87M) QoQ and ($0.40M) YoY; - **Adjusted EBITDA****(1)** increased to $0.1M, compared to ($1.27M) QoQ and ($0.04M) YoY; - **Number of Common Shares Outstanding (basic)** at the end of the second quarter 2025 were 164,962,446. Current shares outstanding, as of May 21, 2025 are 164,962,446. **Fiscal Quarter Financial Highlights:** The Company’s key financial results for the three months ended March 31, 2025, are as follows: ![](https://ttgi.io/wp-content/uploads/2025/05/turn_5_21.png) **_Special Notes:_** _It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives.  Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year._ _There are no known trends or seasonal impacts on the Company’s business although seasonal trends may develop as the Company grows._ **Promissory Notes Update:** Subject to regulatory approval, the Company is looking to extend up to $1M in promissory notes, with bonus warrants, to December 31, 2026.   **Subsequent Highlights to the Fiscal Second Quarter:** **May 15, 2025 – **The Company secured two additional renewable network projects exceeding C$504K with Global Power Generation Australia. GPG Australia becomes one of Claratti’s Top 10 Global Customers.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-y/) **May 07, 2025 – **The Company secured a contract with Seafarer Connect for new CrewMate Lite Services. This agreement expands on the established partnership between Turnium’s subsidiary, Claratti, and Seafarer Connect, further enhancing connectivity solutions for international seafarers.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-j/) **April 17, 2025 – **The Company announced a strategic partnership with Clavister (SE: CLAV), a Swedish-based pioneer in cybersecurity solutions, to integrate Clavister’s advanced Next Generation Firewall (NGFW) and AI-powered security technologies into Turnium’s TaaS platform.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-t/) **April 14, 2025 – **The Company announced a cross-selling success as Claratti delivers SD-WAN to Perth-based SLS Advisory. This milestone marks Claratti’s first SD-WAN implementation, and demonstrates the synergistic potential created through the acquisition of Claratti.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-i/) **Highlights to the Fiscal Second Quarter:** **March 28, 2025 – **The Company announced a comprehensive Cybersecurity contract renewal with Australian-based Instyle Contract Textiles valued at AUD $280,000.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-d/) **March 20, 2025 – **The Company announced a three-year supplier renewal agreement with Kaseya, valued at AUD $5m.  The agreement has enabled the Company to launch Claratti’s technology stack across Canada and the US.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-h/) **March 13, 2025 – **The Company announced the General Availability of version 6.8 SD-WAN software. This version included a BETA version of version 7.0, which has now been successfully deployed to over fifty OEM partner’s LAB / test environment.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-k/) **March 7, 2025 – **The Company announced the revocation of the Management Cease Trade Order (MCTO), following the filing of its annual FYE 2024 results.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-u/) **March 6, 2025 – **The Company announced its Fiscal First Quarter 2025 Financial Results.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-n/) **February 19, 2025 – **The Company has renewed an annual contract with Australian-based Tyro Payments for the 11th consecutive year.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-p/) **February 10, 2025 – **The Company was featured on SmallCapInterviews – [**Watch Webinar**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-x/).  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-m/) **February 7, 2025 – **The Company has released its second podcast featuring global Chief Executive Officer Doug Childress and Vice President of product and development Josh Hicks – [**Listen to Podcast**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-c/).  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-q/) **January 30, 2025 – **The Company announced a new strategic initiative to build an Intel-based next-generation universal edge device (or appliance) that will include advanced features such as artificial-intelligence-based dynamic traffic steering and post quantum cryptography (PQC).  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-a/) **January 6, 2025 – **The Company launched new podcast series.  [**(LINK)**](https://venturenorthcapitalinc.createsend1.com/t/j-i-wirutz-l-f/)   **(1)**** Non-IFRS Financial Measures – Adjusted EBITDA** This MD&A references adjusted EBITDA, which is a non-IFRS financial measure. Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS financial measures to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors, and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income (loss) before tax excluding depreciation and amortization expense, share based expense, gain/loss on change on fair value of derivatives, loss on debt settlement, government grants, foreign exchange gain/loss, interest and accretion and SRED refund. Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company’s operations. The following table shows a reconciliation of adjusted EBITDA to net income (loss) before tax, the most comparable IFRS financial measure, for the three and six months ended March 31, 2025 and 2024: ![](https://ttgi.io/wp-content/uploads/2025/05/turn_5_21_2.png)   **About Turnium Technology Group Inc.****: “Let’s get IT done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labeled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers, ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](https://api.newsfilecorp.com/redirect/7W7VeSkkbZ), or follow us on Twitter @turnium. # # #   **Turnium Contact: ****** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io).  Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES ****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Secures Two Additional Renewable Network Projects Exceeding C$504K with Global Power Generation Australia" url: "https://ttgi.io/turnium-technology-group-secures-two-additional-renewable-network-projects-exceeding-c504k-with-global-power-generation-australia/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   GPG Australia becomes one of Claratti’s Top 10 Global Customers May 15, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"Turnium\" or \"the Company\"), a global leader in Technology-as-a-Service" last_modified: "2025-05-21T15:48:28+00:00" categories: [Press] --- # Turnium Technology Group Secures Two Additional Renewable Network Projects Exceeding C$504K with Global Power Generation Australia #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_GPG_PR_May152025_VFF2.pdf)   **_GPG Australia becomes one of Claratti’s Top 10 Global Customers_**__ **May 15, 2025 – Vancouver, Canada** – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce it has secured over C$504K to provide network design and management of two new solar farms, and to expand the on-site engineering team provided by Claratti Pty Ltd (“Claratti”), a wholly owned subsidiary of TTGI, to Global Power Generation (GPG) Australia. The latest additions of two solar farms enhances Claratti’s renewable energy portfolio with GPG, now comprising ten managed networks and resulting in a twofold increase in on-site technical resources. The partnership dates back to November 2008, when GPG first became a customer of Commulynx Pty Ltd (acquired by Claratti on 1 July 2020). What began with a single invoice for diagnosing a failed laptop and installing antivirus software has evolved into a comprehensive technology partnership. Today, Claratti designs, installs, and manages the entire network and communications infrastructure that underpins GPG’s Australian operations, supporting their impressive growth in the renewable energy sector. “We are tremendously proud to be a part of GPG Australia’s expansion, which showcases our technical expertise and demonstrates the power of our Technology as a Service (TaaS) solution.  With this order, GPG has now become one of our top 10 global customers,” said Doug Childress, Global Chief Executive Officer of Turnium Technology Group Inc.  Claratti’s commitment to exceptional service is demonstrated through this expansion, with the dedicated on-site team ensuring priority technical support across GPG’s growing network of renewable energy projects. The expanded engineering team will support GPG’s renewable energy portfolio of approximately 1 GW of operational projects and 360 MW under construction. “Our partnership with GPG Australia continues to strengthen as we expand our on-site engineering team,” said Luke Scerri, Chief Information Security Officer at Claratti. “By providing dedicated technical expertise, we ensure their network infrastructure remains robust, secure, and optimized throughout their impressive expansion across Australia’s renewable energy landscape.” The enhanced on-site team will support two new solar farms (Glenellen Solar Farm and Bundaberg Solar Farm), seven wind farms, and one battery plant across GPG Australia’s diverse portfolio spanning multiple states. With Australia-wide support, Claratti is well entrenched to support the day-to-day operations and future expansion of GPG across Australia.  As GPG continues to expand its Australian operations with a strong focus on wind power, solar photovoltaic, and energy storage systems, this enhanced on-site technical team ensures that its critical network infrastructure is managed by dedicated experts who understand the unique requirements of renewable energy facilities.   **About Global Power Generation Australia: ** Global Power Generation Australia (GPGA) is the Australian subsidiary of Global Power Generation (GPG), the international power generation arm of Spain’s Naturgy Energy Group (NTGY-ES). Established in Australia in 2007, GPG Australia has developed a diverse portfolio of renewable energy projects across multiple states, with a clear focus on wind power, solar photovoltaic, and energy storage systems. The company currently operates with approximately 1 GW of projects in operation and 360 MW under construction. Australia holds a pivotal position in GPG’s global strategy, ranked second only to the company’s European operations in terms of growth targets, with ambitious plans to reach an installed renewable capacity of 2.2 GW in Australia by 2025. For more information, please visit [www.globalpower-generation.com](https://www.globalpower-generation.com).   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labeled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io, or follow us on Twitter @turnium.   **About Claratti: ** Claratti Pty Ltd, a wholly owned subsidiary of Turnium Technology Group Inc., is a leading provider of IT services and network solutions with over 20 years of experience in supporting businesses across Australia and the Asia-Pacific region. With a focus on secure, reliable network infrastructure and managed IT services, Claratti helps businesses optimize their operations and protect their digital assets. Claratti’s comprehensive services portfolio includes advanced network design and implementation, cybersecurity solutions, and 24/7 support capabilities through its SOC-2 compliant operations center. The company has received multiple industry recognitions, including the 2024 Australian Network Excellence Award for Energy Sector Solutions and was named a Top 10 APAC Managed Service Provider by CIO Review. For more information about this partnership, please visit [https://www.claratti.com](https://www.claratti.com).   **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io)  Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) www.ttgi.io, www.turnium.com, www.claratti.com   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Provides Updates on Non-Brokered Offerings" url: "https://ttgi.io/turnium-technology-group-provides-updates-on-non-brokered-offerings/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   May 8, 2025 - Vancouver, Canada -  Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead" last_modified: "2025-05-21T21:05:07+00:00" categories: [Press] --- # Turnium Technology Group Provides Updates on Non-Brokered Offerings #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/Turnium-Press-Release-announcing-NBPP-and-Updates_May082025_VF.pdf)   **May 8, 2025** – Vancouver, Canada –  **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”)**, a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce a non-brokered private placement, of up to 28,561,428 units of the Company (a “**Unit**“) at a price of CAD$0.07 per Unit for gross proceeds of up to approximately CAD$2,000,000 (the “**Unit Offering**“).  **_Unit Offering_** Pursuant to the terms of the Unit Offering, each Unit will consist of one common share in the capital of the Company (a “**Common Share**“) and one Common Share purchase warrant (a “**Warrant**“) of the Company. Each Warrant will entitle the holder thereof to acquire one Common Share (a “**Warrant Share**“) at a price of CAD$0.10 per Warrant Share for a period of 36 months from the date of issuance. The Company may, at its option, accelerate the expiry date of the Warrants on 30 days’ notice if the volume weighted average trading price of the Common Shares on the TSX Venture Exchange (the “**TSXV**”) is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. All of the securities issued under the Unit Offering will be subject to resale restrictions imposed by applicable securities laws, including a statutory hold period of four (4) months and one (1) day from the closing date of the Unit Offering. The Company intends to use the net proceeds from the Unit Offering for general operations including research and development of new products, sales and marketing, public company related expenses including audit and legal work, and other general operations related activities. The Unit Offering is subject to the approval of the TSXV. **_Listed Issuer Financing Exemption Offering _** The Company also announces that, further to its news release dated April 16, 2025 (the “**Prior News Release**”), it will no longer be proceeding with the previously announced non-brokered private placement pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – _Prospectus Exemptions _(“**NI** **45-106**”).  **_Debenture Offering _** The Company also announces that, further to the Prior News Release, it has updated the terms of the concurrent non-brokered private placement (the “**Debenture Offering**”) of unsecured convertible debentures (the “**Debentures**”). Except as disclosed herein, all other terms and conditions of the Debenture Offering will remain the same. The Debentures will be convertible, at the sole discretion of the holder thereof, into units of the Company (a “**Debenture Unit**”) at a conversion price of CAD$0.08 per Debenture Unit (the “**Conversion Price**”). Each Debenture Unit will consist of one (1) Common Share and one (1) Warrant (a “**Debenture Warrant**”) to be issued under the “accredited investor” exemption or any other applicable exemptions from any prospectus requirements as contained in NI 45-106. Each Debenture Warrant will entitle the holder thereof to acquire one Common Share (a “**Debenture Warrant Share**”) at a price of CAD$0.10 per Debenture Warrant Share until the date that is the earlier of (i) 36 months from the date of issuance and (ii) 60 months from the closing date of the Debenture Offering.  The Company may, at its option, force the conversion of the Debentures on 30 days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days.  The Debentures, and any securities into which they may be exchanged or converted, will be subject to resale restrictions imposed by applicable securities laws, including a statutory hold period expiring four (4) months and one (1) day from the closing date of the Debenture Offering. Subject to the foregoing, the Debentures will be transferable pursuant to their terms. The Debenture Offering is subject to the approval of the TSXV. The Debenture Offering is expected to involve one or more directors and management of the Company and therefore is expected to be a related party transaction subject to Multilateral Instrument 61-101 _– Protection of Minority Security Holders in Special Transactions_ (“**MI 61-101**“). The Debenture Offering will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a) of MI 61-101, respectively, as the Company is not listed or quoted on any of the stock exchanges or markets listed in subsection 5.5(b) of MI 61-101, and neither the fair market value of the securities to be distributed to, nor the consideration to be received by such related parties for the securities under the Debenture Offering will exceed 25% of the Company’s market capitalization. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “**U.S. Securities Act**“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. **About**** ****Turnium**** ****Technology**** ****Group**** ****Inc.:**** ****“Let’s**** ****get**** ****IT**** ****done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium. **Turnium**** ****Contact:****** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com),  [www.claratti.com](http://www.claratti.com)  **CAUTIONARY NOTES****** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.___ **Forward-Looking Information****** This announcement contains “forward-looking” statements within the meaning of applicable securities laws. Forward-looking statements and information relate to future events and future performance and reflect the Company’s expectations regarding: approval of the Unit Offering or the Debenture Offering by the TSXV; completion of the Unit Offering or the Debenture Offering; the terms of the Unit Offering or the Debenture Offering; the terms of the Debentures; and the use of net proceeds of the Unit Offering or the Debenture Offering. Forward-looking statements may be identified by words such as “seek”, “believe”, “plan”, “estimate”, “anticipate”, expect”, “intend”, and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and any other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made. Factors that could cause or contribute to such differences include, but are not limited to: the timing and possible outcome of regulatory approvals in connection with the Offering; the possibility that the Offering may not close; general economic, market and business conditions in Canada; risks relating to the effective management of the Company’s growth; fluctuations in foreign exchange and interest rates and stock market volatility; and political and economic conditions. There are no assurances that the Company can fulfill forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to the Company’s management team as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond its control. Although the Company believes that any forward-looking statements and information contained in this press release are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.   _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_ --- --- title: "Turnium Technology Group Secures Contract with Seafarer Connect for New CrewMate Lite Services" url: "https://ttgi.io/turnium-technology-group-secures-contract-with-seafarer-connect-for-new-crewmate-lite-services/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   May 7, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"Turnium\" or \"the Company\"), a global leader in Technology-as-a-Service (TaaS), is pleased to announce the signing of a new" last_modified: "2025-05-21T21:08:31+00:00" categories: [Press] --- # Turnium Technology Group Secures Contract with Seafarer Connect for New CrewMate Lite Services #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR_SFC_MAY072025_VFF.pdf)   **May 7, 2025 **– Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS), is pleased to announce the signing of a new contract with Seafarer Connect valued at C$77,000 over 24 months for its innovative CrewMate Lite services. This agreement expands on the established partnership between Turnium’s subsidiary, Claratti, and Seafarer Connect, further enhancing connectivity solutions for international seafarers. The CrewMate Lite is Claratti’s 3rd Generation portable Internet device, which weighs in at just over 3.5 kgs. The CrewMate Lite can be transported by backpack or mounted to the wall of a ship and delivers the same high performance Internet access as our generation 1 and 2 devices at a 1/3rd the weight. “The Seafarer Connect project is dependent on reliable, fast and remotely managed mobile network equipment which must remain operational in some of the harshest conditions aboard ships and in ports throughout Australia. We are confident that the vital service we provide to some of the most vulnerable workers in the global supply chain is operating effectively at all times through the partnership we have with Claratti,” said Robert Coombs, Managing Director of the Tas Bull Seafarers Foundation.     Doug Childress, Global Chief Executive Officer of Turnium Technology Group, added, “Our mission is to develop IT and communication solutions that solve complex business problems, which was definitely the case when we began our journey with Seafarer Connect. To see them achieve their mission of providing vital connectivity to crews at Australian ports since 2022 has been nothing short of amazing. The CrewMate Lite services will allow us to offer more flexible and cost-effective connectivity options, enabling Seafarer Connect to reach even more vessels and crew members who desperately need these essential communication links.” Since the beginning of the partnership, the positive effects on seafarer welfare have been substantial. During the COVID-19 pandemic, when isolation at sea reached critical levels, the connectivity provided through this initiative played a crucial role in maintaining crew mental health and preventing tragic outcomes. _ **Images provided by Calratti a subsidiary of Turnium Technology Group Inc._ **   **About Seafarer Connect** Seafarer Connect, part of the Tas Bull Seafarers Foundation, is a not-for-profit initiative dedicated to delivering free, high-quality Wi-Fi to international seafarers visiting Australian ports. It helps to address the humanitarian crisis of isolation at sea and promote crew welfare. For more information, please visit https://www.seafarerconnect.com.au/ **About Turnium Technology Group Inc.: “Let’s get IT done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io or follow us on Twitter @turnium. **Turnium Contact:****** Investor Relations: Bill Mitoulas Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io),  Telephone: +1 416-479-9547  Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)  [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/), [www.claratti.com](http://www.claratti.com/)   **CAUTIONARY NOTES****** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION****** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Technology Group Integrates Clavister’s Cybersecurity Solutions into its TaaS Offering" url: "https://ttgi.io/turnium-technology-group-integrates-clavisters-cybersecurity-solutions-into-its-taas-offering/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   April 17, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (\"Turnium\" or \"the Company\"), a global leader in Technology-as-a-Service (TaaS), is proud to announce a strategic partnership with Clavister" last_modified: "2025-05-21T21:17:28+00:00" categories: [Press] --- # Turnium Technology Group Integrates Clavister’s Cybersecurity Solutions into its TaaS Offering #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR_CLAVISTER_APR172025_VF.pdf)   **April 17, 2025** – Vancouver, Canada – **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)** (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS), is proud to announce a strategic partnership with Clavister (SE: CLAV), a Swedish-based pioneer in cybersecurity solutions, to integrate Clavister’s advanced Next Generation Firewall (NGFW) and AI-powered security technologies into Turnium’s TaaS platform. This collaboration will enhance Turnium’s existing portfolio by embedding Clavister’s cutting-edge cybersecurity capabilities into its white-label multi-tenant network solutions. The integration is designed to provide Turnium channel partners with robust, scalable, and secure IT services tailored to meet the needs of businesses across industries. **Enhanced Security for TaaS Solutions** Clavister’s NGFW technology offers unparalleled protection against external cyber threats and zero-day vulnerabilities. By incorporating Clavister’s AI-driven security engine and military-grade encryption, Turnium’s TaaS platform will deliver: - End-to-End Network Protection: Secure connectivity across distributed networks with private network, load balancing and link aggregation; - AI-Powered Threat Detection: Proactive identification and mitigation of emerging cybersecurity risks; - Scalable Deployment Options: Flexibility to deploy security solutions as virtual appliances, hardware devices, or SDN/NFV components. Doug Childress, Global CEO of Turnium Technology Group, stated, “Turnium is thrilled to partner with Clavister to bring enhanced security capabilities to our TaaS platform. This integration ensures that our channel partners can offer their customers secure, reliable IT solutions that scale effortlessly while protecting sensitive data from evolving cyber threats.” **Empowering Channel Partners** Turnium’s TaaS model empowers channel partners by enabling rapid deployment of customizable IT services. With Clavister’s cybersecurity integrated into the platform, partners can now: - Offer secure network solutions with built-in NGFW capabilities; - Enhance service offerings for industries like healthcare, finance, and government where data security is critical; - Provide seamless management of multi-cloud and hybrid environments with centralized security controls. John Vestberg, CEO of Clavister, added, “Our partnership with Turnium aligns perfectly with our mission to deliver holistic cybersecurity solutions through trusted technology providers. Together, we are redefining how businesses approach network security in a rapidly evolving digital landscape.” **Strategic Benefits for End Customers** The integration of Clavister’s solutions into Turnium’s TaaS offering addresses key challenges faced by end customers: - Improved operational efficiency through automated network provisioning and centralized management; - Reduced downtime with resilient load balancing across multiple WAN links; - Cost-effective scalability for growing businesses without compromising security.   **About Clavister** Clavister is a European cybersecurity leader with over 25 years of experience delivering high-performance NGFWs and AI-powered security solutions. Trusted by governments and enterprises worldwide, Clavister provides reliable and scalable protection for mission-critical networks. For more information on this partnership or how Turnium integrates Clavister’s cybersecurity solutions into its TaaS platform, contact [sales@ttgi.io](mailto:sales@ttgi.io) or visit [www.turnium.com](https://www.turnium.com).   **About Turnium Technology Group Inc.** Turnium Technology Group Inc. (TTGI) is a global leader in TaaS solutions, providing IT providers with a complete portfolio of white-label services designed to simplify network management and enhance business connectivity. Turnium’s innovative next-gen network platform enables channel partners to deliver secure, scalable IT services tailored to customer needs.   **Turnium Contact:** Investor Relations: Bill Mitoulas Email: investor.relations@ttgi.io Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   --- --- title: "Turnium Technology Group Announces Non-Brokered Offerings" url: "https://ttgi.io/turnium-technology-group-announces-non-brokered-offerings/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   April 16, 2025 - Vancouver, Canada -  Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead" last_modified: "2025-05-21T21:20:38+00:00" categories: [Press] --- # Turnium Technology Group Announces Non-Brokered Offerings #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_Press_Release_announcing_LIFE_and_Convertible_Note_Offering_-_April_16_2025_VFF.pdf)   **April 16, 2025** – Vancouver, Canada –  **Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”)**, a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce a non-brokered private placement, of up to 26,151,000 units of the Company (a “**Unit**“) at a price of CAD$0.08 per Unit for gross proceeds of up to CAD$2,092,080 (the “**LIFE Offering**“). Each Unit will consist of one common share in the capital of the Company (a “**Common Share**“) and one Common Share purchase warrant (a “**Warrant**“) of the Company. Each Warrant will entitle the holder thereof to acquire one Common Share (a “**Warrant Share**“) at a price of CAD$0.10 per Warrant Share for a period of 36 months from the date of issuance. The Units are to be issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 — _Prospectus Exemptions_ (“**NI 45-106**“). The Company may, at its option, accelerate the expiry date of the Warrants on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSX Venture Exchange (the “**TSXV**”) is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. Concurrent with the LIFE Offering, the Company also intends to complete a non-brokered private placement of unsecured convertible debentures (the “**Debentures**“) for aggregate gross proceeds of up to CAD$2,000,000 (the “**Debenture Offering**”, together with the LIFE Offering, the “**Offerings**”). The Debentures will mature on the date (the “**Maturity Date**“) which is 36 months following the closing date of the Offering (the “**Closing Date**”). The Debentures will bear interest at a rate of 15.0% per annum from the date of issue, payable semi-annually in arrears in cash on June 30 and December 31 of each year. The first interest payment will be on December 31, 2025 for the period from the issue date of the Debentures to December 31, 2025. A minimum of four months’ interest will accrue, regardless of the date of repayment or conversion of the Debentures. Subject to the approval of the TSXV, the Debentures will be convertible, at the sole discretion of the Company, into units of the Company (a “**Debenture Unit**”) at a conversion price of CAD$0.08 per Debenture Unit (the “**Conversion Price**”). Each Debenture Unit will consist of one Common Share and one Warrant (a “**Debenture Warrant**”) to be issued under the “accredited investor” exemption or any other applicable exemptions from any prospectus requirements as contained in NI 45-106. Each Debenture Warrant will entitle the holder thereof to acquire one Common Share (a “**Debenture Warrant Share**”) at a price of CAD$0.10 per Debenture Warrant Share for a period of 36 months from the date of issuance. The Company may, at its option, accelerate the expiry date of the Debenture Warrants on thirty (30) days’ notice if the volume weighted average trading price of the Common Shares on the TSXV is greater than CAD$0.30 for the preceding ten (10) consecutive trading days. The Debentures will be unsecured obligations of the Company and will rank _pari passu_ in right of payment of principal and interest with all other Debentures issued under the Offering and all previously existing and future unsecured indebtedness of the Company. At any time and from time to time after the expiry of 4 months after the Closing Date, the Company may, at its option, redeem _pro rata_ all or part of the Debentures, upon not less than 30 days’, and not more than 60 days’, prior written notice, at a redemption price (payable in cash) which is equal to 110% of the principal amount thereof plus any accrued and unpaid interest that would otherwise be payable to the holder from the time of such option redemption until the Maturity Date. The Company intends to use the net proceeds from the Offering for general operations including research and development of new products, sales and marketing, public company related expenses including audit and legal work, and other general operations related activities The Debentures will not be assignable, transferable or negotiable. The Debentures, and any securities into which they may be exchanged or converted, will be subject to resale restrictions imposed by applicable securities laws, including a statutory hold period expiring four (4) months and one (1) day from the Closing Date. The Offering is subject to the approval of the TSXV. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. There is an offering document related to the LIFE Offering that can be accessed under the issuer’s profile at [www.sedarplus.ca](http://www.sedarplus.ca) and [www.ttgi.io](http://ttgi.io). Prospective investors should read this offering document before making an investment decision.   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com) ** ** **CAUTIONARY NOTES** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ ** ** **Forward-Looking Information** This announcement contains “forward-looking” statements within the meaning of applicable securities laws. Forward-looking statements and information relate to future events and future performance and reflect the Company’s expectations regarding: approval of the Offerings by the TSXV; completion of the Offerings; the terms of the Offerings; the terms of the Debentures; and the use of net proceeds of the Offerings. Forward-looking statements may be identified by words such as “seek”, “believe”, “plan”, “estimate”, “anticipate”, expect”, “intend”, and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and any other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made. Factors that could cause or contribute to such differences include, but are not limited to: the timing and possible outcome of regulatory approvals in connection with the Offering; the possibility that the Offering may not close; general economic, market and business conditions in Canada; risks relating to the effective management of the Company’s growth; fluctuations in foreign exchange and interest rates and stock market volatility; and political and economic conditions. There are no assurances that the Company can fulfill forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to the Company’s management team as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond its control. Although the Company believes that any forward-looking statements and information contained in this press release are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.   _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_   --- --- title: "Turnium Technology Group Celebrates First Cross-Selling Success as Claratti Delivers SD-WAN to SLS Advisory" url: "https://ttgi.io/turnium-technology-group-celebrates-first-cross-selling-success-as-claratti-delivers-sd-wan-to-sls-advisory/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Perth-based SLS Advisory Enhances Operations with Turnium's SD-WAN Technology Through Long-term Partner Claratti April 14, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48), (“Turnium” or “the Company”), a global" last_modified: "2025-05-21T21:30:30+00:00" categories: [Press] --- # Turnium Technology Group Celebrates First Cross-Selling Success as Claratti Delivers SD-WAN to SLS Advisory #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR_SLS_APR142025_VFF_FINAL.pdf)   **_Perth-based SLS Advisory Enhances Operations with Turnium’s SD-WAN Technology Through Long-term Partner Claratti_** **April 14, 2025 – Vancouver, Canada** – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48), (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, is pleased to announce its first successful cross-selling initiative as Claratti delivers SD-WAN service to SLS Advisory. This milestone marks Claratti’s first SD-WAN implementation, and demonstrates the synergistic potential created through the acquisition of Claratti. SLS Advisory, a premier accounting and business advisory firm based in West Perth, Western Australia, has been a loyal Claratti customer since May 2017, relying on the company for all its IT needs. With more than 40 staff serving over 4,000 clients across Australia, SLS Advisory has fully embraced Claratti’s comprehensive TaaS model across their operations. The addition of Turnium’s proprietary SD-WAN solution marks the next step in their digital transformation. “We are delighted to see Claratti deliver its first SD-WAN solution to SLS Advisory,” said Doug Childress, Global CEO of Turnium Technology Group Inc. “This achievement validates our cross-selling strategy and demonstrates the strategic value of our Claratti acquisition. By integrating Turnium’s SD-WAN technology into Claratti’s service offering, we’re enabling their clients like SLS Advisory to position themselves at the forefront of innovation in the professional services sector, ensuring superior connectivity, enhanced security, and streamlined operations.” Ben Coleman, Managing Director of SLS Advisory, shared his perspective on the expanded partnership, “Claratti has been the foundation of our IT infrastructure for nearly eight years, proving invaluable during challenging periods like the COVID-19 lockdowns, and supporting our everyday operations with exceptional reliability. Adding Turnium’s SD-WAN solution was a natural progression to further strengthen our technical capabilities and enhance the service we provide to our 4,000+ clients nationwide.” The implementation of Turnium’s SD-WAN solution provides SLS Advisory with several key advantages: - Enhanced network resilience with automatic failover capabilities - Improved application performance across multiple locations - Simplified network management with centralized controls - Advanced security features to protect sensitive client data - Scalable infrastructure to support continued business growth As Claratti’s first SD-WAN customer, SLS Advisory exemplifies how forward-thinking professional service firms can leverage Claratti’s comprehensive TaaS approach, now enhanced with Turnium’s advanced networking solutions, to drive operational excellence and maintain competitive advantage in an increasingly digital business environment. This successful implementation showcases the expanded value proposition that Turnium and Claratti together can deliver to customers.   **About SLS Advisory** SLS Advisory is a trusted mid-sized accounting and business advisory firm based in West Perth, WA. With over 40 staff serving more than 4,000 clients nationwide, SLS specializes in business development, taxation accounting, superannuation planning, and financial strategy for small to medium-sized enterprises. For more information: [https://www.slsadvisory.com.au/](https://www.slsadvisory.com.au/)   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   # # #   **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES ** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.**   **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces a Contract Renewal with Instyle Contract Textiles Pty Ltd" url: "https://ttgi.io/turnium-technology-group-announces-a-contract-renewal-with-instyle-contract-textiles-pty-ltd/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Instyle selects Claratti for Comprehensive Cybersecurity Solution Cybersecurity breaches were detected within seconds of implementation, highlighting the critical need for enhanced protection in the textile industry   March 28, 2025 – Vancouver, Canada –" last_modified: "2025-05-21T22:08:57+00:00" categories: [Press] --- # Turnium Technology Group Announces a Contract Renewal with Instyle Contract Textiles Pty Ltd #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_INSTYLE_PR_MAR-28-2025_VFF.pdf)   **_Instyle selects Claratti for Comprehensive Cybersecurity Solution _** **_Cybersecurity breaches were detected within seconds of implementation, highlighting the critical need for enhanced protection in the textile industry_**   **March 28, 2025** – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, proudly announces that Instyle Contract Textiles Pty Ltd (ABN: 72 003 212 057) (“Instyle”) has renewed its long-standing partnership with Claratti Pty Ltd (“Claratti”), a wholly owned subsidiary of Turnium. The renewed two-year agreement is valued at AUD $280,000, highlighting the trusted relationship between the two companies and reinforcing Claratti’s position as a leader in cybersecurity solutions. This agreement builds upon a relationship that began in 2007 when Instyle first purchased a DVD drive from Commulynx Pty Ltd (acquired and wholly owned by Claratti on 1 July 2020). Since that initial purchase, the partnership has evolved, with the value growing from ad hoc “we will call you when needed” support to a comprehensive 24x7x365 service agreement. Claratti now delivers complete technology solutions, including communications, IT support, hardware, Internet, and Voice, and with this renewal, enhanced Cybersecurity across all Instyle’s locations in Sydney, Melbourne and Brisbane. The decision to strengthen the partnership comes amid growing cybersecurity concerns within the commercial interior textiles industry, where intellectual property theft has increased by 37% in the past year, according to the Australian Cyber Security Centre. “Our relationship with Claratti has evolved since our first purchase of a DVD drive in 2007,” said Michael Fitzsimons, founder and Chief Executive Officer of Instyle Contract Textiles Pty Ltd. “What began as occasional, as-needed support has transformed into a critical 24x7x365 service partnership now renewed at AUD $280,000. Today, they manage all aspects of our technology infrastructure – from communications and IT support to hardware, Internet, and Voice services. Now, we’ve once again turned to their expertise to address our critical cybersecurity needs. As a leader in commercial interior finishes with clients ranging from major corporations to government buildings, ensuring the security of our digital infrastructure is paramount to maintaining the trust of our partners and customers.” Under the renewed agreement, Claratti will provide a turnkey cybersecurity offering to Instyle, beginning with a comprehensive environmental hardware and software assessment completed in February 2025. The initial assessment identified ageing hardware infrastructure and the need for robust Data Loss Prevention (DLP) solutions designed to protect Instyle’s valuable intellectual property, including proprietary textile designs and manufacturing processes. Implementation began in early March, with the full security suite expected to be operational across all locations by April 2025. The immediate impact of the solution was evident, with Claratti’s Security Operations Centre (SOC) detecting, isolating, and remediating several security breaches within seconds of enabling the cybersecurity platform. These included multiple attempted ransomware infiltrations and several unauthorized access attempts targeting design files. “The textile industry has become an increasingly attractive target for cybercriminals seeking valuable intellectual property,” said Luke Scerri, Chief Information Security Officer at Claratti. “Within moments of activating our security monitoring tools at Instyle, we identified and neutralized multiple threats that had bypassed their existing protections. Our SOC-2 compliant security operations centre provides 24/7 monitoring specifically calibrated for manufacturing environments where proprietary designs represent significant competitive advantages.” “We are honoured to continue our relationship with Instyle Contract Textiles, which began with a single DVD drive purchase in 2007 and has evolved into providing their complete technology ecosystem,” said Doug Childress, Global Chief Executive Officer of Turnium Technology Group, “Today, we deliver all of their communications, IT support, hardware, Internet, and Voice services, with cybersecurity being the latest addition to our comprehensive offerings. The immediate results from our cybersecurity implementation demonstrate the critical nature of these services in today’s digital landscape. Our end-to-end technology solutions ensure Instyle can focus on their core business while we manage their entire digital infrastructure.” The partnership includes a comprehensive security awareness training program for all Instyle staff, addressing the human element of cybersecurity which accounts for over 85% of security breaches according to industry research. Following the initial implementation, Claratti and Instyle will collaborate on a phased approach to further enhance security posture, with quarterly assessments and technology refreshes scheduled throughout the agreement term. This enhanced security infrastructure will provide Instyle’s customers—which include major hospitality chains, healthcare facilities, and government institutions—with additional confidence that their project specifications, custom designs, and proprietary information remain protected. For Instyle’s clients working on government and defense contracts, the upgraded security protocols ensure compliance with increasingly stringent data protection requirements. As textile manufacturing continues to digitize with smart fabrics and IoT-connected products, this partnership positions Instyle to securely innovate while protecting its valuable intellectual assets. By addressing its cybersecurity concerns through this strategic partnership with Claratti, Instyle ensures its operations across Australia and international markets remain secure and resilient against the rapidly evolving threat landscape.   ### ** ** **About Instyle Contract Textiles Pty Ltd** Instyle Contract Textiles Pty Ltd is a leading Australian supplier of design-driven, commercial-quality interior finishes established in 1987, specializing in sophisticated textiles, leathers, wallcoverings, and acoustic panels for commercial environments including office, hospitality, healthcare, public buildings, transport, and high-end residential interiors. The company is classified as an SME with approximately 11-50 employees and maintains a national presence with offices in Sydney (headquarters in Mascot), Melbourne (Richmond), Brisbane (Fortitude Valley), and representation in Perth and Launceston. Instyle’s products, which include their benchmark sustainable LIFE (Low Impact For the Environment) Textiles® collection, can be found in prominent Australian and international locations such as Qantas aircraft and lounges, government buildings, major corporations like Telstra and American Express, hotel chains including Hilton and Shangri-La, and various public transportation systems across Australia. For more information, please visit [www.instyle.com.au](https://instyle.com.au/). **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labeled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io, or follow us on Twitter @turnium. # **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. ** ** --- --- title: "Turnium Technology Group Inc. Announces Renewal of Three-Year Agreement with Kaseya Valued at $5.0M AUD" url: "https://ttgi.io/turnium-technology-group-inc-announces-renewal-of-three-year-agreement-with-kaseya-valued-at-5-0m-aud/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   March 20, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”) is pleased to announce that its wholly owned subsidiary, Claratti Pty Ltd (“Claratti”), has successfully" last_modified: "2025-05-21T21:36:58+00:00" categories: [Press] --- # Turnium Technology Group Inc. Announces Renewal of Three-Year Agreement with Kaseya Valued at $5.0M AUD #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_KASEYA_PR_MAR_20_2025_VF.pdf)   **March 20, 2025** **– Vancouver, Canada – Turnium Technology Group Inc.** (**TSX.V: TTGI**) (**FSE:** **E48**) (“Turnium” or “the Company”) is pleased to announce that its wholly owned subsidiary, Claratti Pty Ltd (“Claratti”), has successfully re-signed a three-year agreement with Kaseya, a global leader in IT and security management solutions. The renewed contract is valued at $5.0 million AUD, reinforcing the strong partnership between the two companies and solidifying Claratti’s position in the IT services sector. The agreement underscores Turnium and Claratti’s commitment to delivering state-of-the-art IT solutions and managed services that support businesses in optimizing their operations. By continuing its collaboration with Kaseya, Claratti will further enhance its offerings in remote monitoring, cybersecurity, and IT automation for its growing client base across Australia and internationally. “This renewal marks a significant milestone for Turnium and Claratti as we continue to strengthen our strategic partnership with Kaseya,” said Doug Childress, Global Chief Executive Officer of Turnium Technology Group Inc. “We believe Kaseya’s industry-leading solutions complement our mission to provide best-in-class IT services to our clients, ensuring they remain resilient and competitive in an ever-evolving digital landscape.” Turnium will work with Kaseya to embed the Kaseya product stack into Turnium’s Technology as a Service (TaaS) offering to all (70+) of its worldwide channel partners. “This moment has been two years in the making, and it is a pleasure to see it finally come to fruition,” stated Childress. Kaseya’s comprehensive suite of IT and security management solutions plays a crucial role in empowering IT professionals and managed service providers (MSPs) with the tools needed to efficiently manage and secure IT infrastructures. The ongoing collaboration between Claratti and Kaseya will enable businesses to leverage advanced automation, security, and compliance solutions that drive productivity and operational efficiency. The renewed partnership will also drive Kaseya’s expansion into new international markets while strengthening Turnium’s portfolio with industry-leading IT management solutions. By leveraging Turnium’s established network, Kaseya will accelerate its footprint in high-growth markets, ensuring businesses worldwide gain access to best-in-class IT automation, cybersecurity, and management tools. Turnium Technology Group remains focused on expanding its global presence and investing in innovative solutions that align with industry trends and client needs. The company is committed to providing IT providers with a complete, white-labeled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand.   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labeled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit www.ttgi.io, or follow us on Twitter @turnium. **About Kaseya** Kaseya is a global leader in IT and security management solutions for managed service providers (MSPs) and IT professionals. Its comprehensive suite of products enables businesses to efficiently manage and secure their IT infrastructure while improving productivity and compliance. For more information about this partnership, please visit [https://www.kaseya.com](https://www.kaseya.com).     # # #   **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES ** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.**   **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces General Availability of Version 6.8 of their SD-WAN Software" url: "https://ttgi.io/turnium-technology-group-announces-general-availability-of-version-6-8-of-their-sd-wan-software/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Highlights: Turnium expands product portfolio to drive new SaaS revenues across its growing global partner network Newest product SD-WAN 6.8 officially released and deployed to Turnium’s global channel partners Turnium introduces SD-WAN 7.0 preview" last_modified: "2025-05-21T21:46:02+00:00" categories: [Press] --- # Turnium Technology Group Announces General Availability of Version 6.8 of their SD-WAN Software #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR_SDWAN6.8_Mar_13_2025_VFF.pdf)   **_Highlights:_** - **_Turnium expands product portfolio to drive new SaaS revenues across its growing global partner network_** - **_Newest product _****_SD-WAN 6.8 officially released and deployed to Turnium’s global channel partners _** - **_Turnium introduces SD-WAN 7.0 preview (“Laywire”) – marking a significant leap forward in AI-based dynamic traffic steering and Post-Quantum Cryptography (PQC) readiness_** - **_These software releases represent Turnium’s transformative approach to SD-WAN technology, offering enhanced networking capabilities and streamlined management_** **_ _** **March 13, 2025 – Vancouver, Canada** – **Turnium Technology Group Inc.** (**TSX.V: TTGI**) (**FSE: E48**) (“Turnium” or “the Company”), is pleased to announce the official launch and release of SD-WAN 6.8, now successfully deployed to more than 50 of its 70 global channel partners. “SD-WAN 6.8 is a competitive stake in the ground for AI-based dynamic traffic steering and Post-Quantum Cryptography (PQC) readiness,” said **Doug Childress, Global Chief Executive Officer**. “With improving gross margins and continued quarter-on-quarter revenue growth, we are leveraging these innovations and our expanding product portfolio to drive new SaaS revenues across our growing global partner network.” This latest product release delivers key advancements and sets the foundation for **SD-WAN 7.0, reinforcing Turnium’s leadership in secure, AI-driven networking.** ** ** **Introducing SD-WAN 7.0 Preview (“Laywire”)** As part of this release, Turnium is excited to introduce the **SD-WAN 7.0 preview**, codenamed **“Laywire”**. This version presents a new vision for SD-WAN, enabling innovative use-cases that were previously challenging or impossible to implement thanks to dramatically improved throughput, scalability, and node-ratio density. Childress further stated, “Feedback from our partner channel has been overwhelmingly positive, not just about the new features, but also about what’s ahead. With the upcoming release of Version 7, we are set to redefine industry standards for speed and throughput.”   **SD-WAN 7.0 (“Laywire”) – Enhancements and Features ** SD-WAN 6.8 marks a significant leap forward towards SD-WAN 7.0’s performance, scalability, and security. The preview of SD-WAN 7.0 (“Laywire”) represents a transformative approach to SD-WAN technology, offering enhanced networking capabilities and streamlined management. We encourage all users to explore the new features and prepare for the upcoming SD-WAN 7.0 GA. The initial preview release includes the numerous speed, scalability, and density improvements such as: ![](https://ttgi.io/wp-content/uploads/2025/03/ch1-890x1024.jpg)   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   # # #   **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES ** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.**   **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Announces Revocation of MCTO" url: "https://ttgi.io/turnium-announces-revocation-of-mcto/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Vancouver, March 7, 2025 – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or the “Company”) is pleased to announce that effective March 7, 2025, the British Columbia Securities Commission (“BCSC”) has revoked" last_modified: "2025-05-21T21:51:44+00:00" categories: [Press] --- # Turnium Announces Revocation of MCTO #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/2025-03-07_TTGI_PR_MCTO_Revocation.pdf)   **Vancouver, March 7, 2025 – ****Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or the ****“****Company”)** is pleased to announce that effective March 7, 2025, the British Columbia Securities Commission (“**BCSC**”) has revoked the temporary management cease trade order (the “**MCTO**”) which prevented the Company’s CEO and CFO from trading in the Company’s securities. The MCTO did not impact other shareholders, including the public, from trading. The Company confirms that on March 6, 2025, it filed the quarterly financial statements for the three months ended December 31, 2024, along with the management’s discussion and analysis and related CEO and CFO certificates for the period. These filings were originally required to be filed on or before March 3, 2025, but the BCSC granted the Company an extension, allowing filing on or before March 7, 2025. Copies of these required filings are available under the Company’s SEDAR+ profile at [www.sedarplus.ca](http://www.sedarplus.ca). As a result, the Company is no longer listed as being in default on the BCSC’s reporting issuer list or the default list of any jurisdiction of Canada where it is a reporting issuer to the extent that such jurisdiction maintains a list. The Company’s officers, board of directors, and insiders are no longer prevented from trading in the Company’s securities.   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.** _Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. _ _Such statements involve known and unknown risks, uncertainties, and other factors and assumptions which may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements or information including, without limitation, those risk factors disclosed under “Risk Factors” in the Company’s __M__anagement’s __D__iscussion and __A__nalysis__ for the year ended September 30, 2024, and those risks described in other documents incorporated or deemed to be incorporated by reference therein. Such statements can be identified by the use of words such as “expect”, “anticipate”, and other similar terminology, or state that certain actions, events, or results “may”, “could”, “might”, or “will” be taken, occur, or be achieved. _ _These statements reflect the Company’s current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company’s expectations regarding future events, performance, or results change._ --- --- title: "Turnium Technology Group Announces Fiscal First Quarter 2025 Financial Results" url: "https://ttgi.io/turnium-technology-group-announces-fiscal-first-quarter-2025-financial-results/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) Download Q1 Financial Statements (PDF) Download Q1 MD&A (PDF)   Highlights: Q1 Revenue of $1.97M, was above the Q1 guidance range of $1.75M to $1.95M Q1 Gross Margin of $1.34M, was above the Q1 guidance" last_modified: "2025-05-21T21:54:17+00:00" categories: [Press] --- # Turnium Technology Group Announces Fiscal First Quarter 2025 Financial Results #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_Q12025_RESULTS_MAR_6_2025_VFF.pdf) #### [Download Q1 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_FS_Q1_2025_Final.pdf) #### [Download Q1 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_MDA_Q1_2025_Final.pdf)   **_Highlights:_** - _Q1 Revenue of $1.97M, was above the Q1 guidance range of $1.75M to $1.95M _ - _Q1 Gross Margin of $1.34M, was above the Q1 guidance range of $1.12M to $1.29M_ - _TTGI continues to be optimistic about its financial outlook and provides new guidance_ **_For Q2 FY2025, ending March 31, 2025, the Company expects Revenue of $2.2M to $2.4M, and Gross Margin of $1.3M to $1.5M._**   **March 6, 2025 – Vancouver, Canada** – **Turnium Technology Group Inc.** (**TSX.V: TTGI**) (**FSE: E48**) (“Turnium” or “the Company”), is pleased to announce its financial results for the first quarter of 2025, marking another positive quarter of growth and operational progress. The company reported a 28% increase in revenue, rising from $1.55 million in Q4 2024 to $1.97 million in Q1 2025. Gross margin improved by 45%, increasing from $0.93 million in Q4 2024 to $1.34 million in Q1 2025. Doug Childress, Global CEO of TTGI, stated: “My first quarter as Global CEO was action-packed, as we set a new cadence and gained operational control over the parent company and its three divisions —Turnium, Tenacious, and Claratti. Despite challenges, our management team has come together as one, executing a series of planned initiatives that have already delivered an annualized cost savings of $1.2 million. This strong start lays a solid foundation for our continued growth, EBITDA improvements and transformation from a single product company into a solutions-based business.” **Positive Outlook for Q2 FY2025** Given the momentum achieved in Q1 which was $1.97 million in revenues, above the Q1 guidance range of $1.75M to $1.95M, TTGI continues to be optimistic about its financial outlook. **Fiscal Q2 2025 Guidance – **for Q2 FY2025, ending March 31, 2025, the Company expects Revenue of **$2.2M to $2.4M**, and Gross Margin of **$1.3M to $1.5M**. Childress added: “The results from Q1 were promising. With new systems in place, a unified management team, and enhanced sales and marketing strategies, we are confident that TTGI is on a strong path to growth. Our focus is to reinvigorate the market and continue building shareholder confidence. TTGI remains committed to innovation, operational efficiency, and market expansion as it drives forward in 2025.” **Quarterly Financial Highlights** The Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the year ended December 31, 2024, are available on the Company’s SEDAR profile at [www.sedarplus.com](http://www.sedarplus.com). All financial information is presented in Canadian dollars unless otherwise indicated. The Company’s key financial results for the three months ended December 31, 2024, are as follows: ![](https://ttgi.io/wp-content/uploads/2025/03/chart1-march6-1024x713.jpg) **_Notes:_**_ It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives. Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year. _ **Strategic Priorities for 2025** Looking ahead, TTGI is focused on several key initiatives across its divisions: - **Turnium (SD-WAN Division):** The company is preparing for the public launch of Version 7 of its SD-WAN software, which has successfully entered lab trials across 50 of its 70+ global channel partners. Additionally, Turnium is advancing in the development of its Next-generation Artificial Intelligence & Automation (NAIA) all-in-one SD-WAN router, firewall, and switch appliance which will be the fastest most advanced next-generation edge device on the market, packed full of new features such Laywire, AI-based predictive routing, Post Quantum Cryptography ready and a Cybersecurity defence toolkit unlike anything ever seen. - **Tenacious:** The division will focus on integrating the products and services of recently acquired Claratti across its customer base to strengthen its Canadian and North American Managed Service Provider (MSP) offerings. - **Claratti:** Now generating over 40% of TTGI’s group revenues, Claratti is poised for expansion through direct sales efforts and the company’s worldwide channel partner network. The company is prioritizing securing working capital to fully unleash its growth potential. **Adjusted EBITDA Correction ** The Adjusted EBITDA(1) value shown in the recently published MD&A (February 27, 2025) was incorrectly stated for the fiscal year ended September 30, 2023. The incorrect value shown of $(298,155), should have been $(2,636,210)***.** The following table shows a reconciliation of adjusted EBITDA to net income (loss) before tax, the most comparable IFRS financial measure, for the years ended September 30, 2024 and 2023: ![](https://ttgi.io/wp-content/uploads/2025/03/chart2-march6-1024x507.jpg) _(1) Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS financial measures to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors, and other interested parties 16 frequently use non-IFRS financial measures in the evaluation of issuers. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income (loss) before tax excluding depreciation and amortization expense, share based expense, gain/loss on change on fair value of derivatives, loss on debt settlement, government grants, foreign exchange gain/loss, interest and accretion, SRED refund and M&A related one-time transaction costs. Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company’s operations._   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   # # #   **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES ** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.**   **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Files Year End Financials and Provides MCTO Status Update" url: "https://ttgi.io/turnium-files-year-end-financials-and-provides-mcto-status-update/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   February 28, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or the “Company”) provides an update with respect to the previously announced Management Cease Trade Order (the \"MCTO\")" last_modified: "2025-05-22T15:08:54+00:00" categories: [Press] --- # Turnium Files Year End Financials and Provides MCTO Status Update #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/Feb-28-2025_TTGI_PR_MCTO_Update_.pdf)   **February 28, 2025 **– Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or the “Company”) provides an update with respect to the previously announced Management Cease Trade Order (the “MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on January 29, 2025 (the “Default Announcement”). The Company is providing this notice in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). The MCTO prevents the Company’s Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) from trading in the Company’s securities, but does not affect the ability of other shareholders, including the public, to trade in the securities of the Company. The Company confirms that the audited annual financial statements for the year ended September 30, 2024, along with the management’s discussion and analysis and related CEO and CFO certificates for the period, which were required to be filed on or before January 28, 2025, have been filed on February 28, 2025. The MCTO will remain in effect until the quarterly financial statements for the three months ended December 31, 2024, along with the management’s discussion and analysis and related CEO and CFO certificates for the period (the “2025 Q1 Filings”) are filed. While the 2025 Q1 Filings were originally required to be filed on or before March 3, 2025, the BCSC has granted an extension, allowing them to be filed on or before March 7, 2025. As previously stated, subject to current conditions remaining the same, the Company remains confident in its ability to complete the 2025 Q1 Filings and will make its best efforts to complete the process within the timeline indicated. The MCTO remains in effect until the Company files the 2025 Q1 Filings and the BCSC’s Executive Director has revoked the MCTO. The Company confirms that since the date of the Default Announcement, other than as described above: (a) there has been no material change to the information set out in the Default Announcement that has not been generally disclosed; (b) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12- 203; (c) there has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the Default Announcement; and (d) there is no other material information concerning the affairs of the Company that has not been generally disclosed. The Company confirms that it will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing bi-weekly default status reports in the form of news releases for so long as it remains delayed.   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.** _Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws, including, without limitation, statements with respect to: statements regarding the timing, review, completion and filing of the 2025 Q1 Filings by March 7, 2025, and the Company’s ability to comply with the provisions of the alternative information guidelines described in NP 12-203. _ _Such statements involve known and unknown risks, uncertainties, and other factors and assumptions which may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements or information including, without limitation, the risk of the Company not being able to file the 2025 Q1 Filings on time and the other factors disclosed under “Risk Factors” in the Company’s __M__anagement’s __D__iscussion and __A__nalysis__ for the year ended September 30, 2024, and those risks described in other documents incorporated or deemed to be incorporated by reference therein. Such statements can be identified by the use of words such as “expect”, “anticipate”, and other similar terminology, or state that certain actions, events, or results “may”, “could”, “might”, or “will” be taken, occur, or be achieved. _ _These statements reflect the Company’s current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company’s expectations regarding future events, performance, or results change._ --- --- title: "Turnium Technology Group Inc. Reports Fiscal 2024 Audited Financial Results" url: "https://ttgi.io/turnium-technology-group-inc-reports-fiscal-2024-audited-financial-results/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF) Download Q4 Financial Statements (PDF) Download Q4 MD&A (PDF)   February 28, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a leading provider of Technology as" last_modified: "2025-05-28T13:43:07+00:00" categories: [Press] --- # Turnium Technology Group Inc. Reports Fiscal 2024 Audited Financial Results #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/FEB_28_2025_TTGI_Q4_FYE_2024_Fin_Results.pdf) #### [Download Q4 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_FS_Q4_2024_Final.pdf) #### [Download Q4 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_MDA_Q4_2024_Final.pdf)   **February 28, 2025 – Vancouver, Canada –** **Turnium Technology Group Inc.** (**TSX.V: TTGI**) (FSE: E48) (“Turnium” or “the Company”), a leading provider of Technology as a Service (TaaS), is pleased to announce its financial results for the 2024 fiscal year. Turnium delivers its services to end customers through a network of 70+ worldwide channel partners, direct sales under the Tenacious Networks brand in Canada and the U.S., and via Claratti in Australia and the Asia-Pacific region. **Transformational Shift to a Solutions-Focused Business** “In fiscal 2024, Turnium embarked on a strategic initiative to transition from a ‘single product-focused’ business to a ‘solutions-focused’ enterprise,” said Doug Childress, Global CEO of Turnium. The first step in the transformation was the acquisition of Australian-based Claratti Pty Ltd, which closed on August 22, 2024. Claratti (pronounced Cla-ra-ti) operates under a subscription-based model, offering a comprehensive Technology-as-a-Service (TaaS) solution, and provides services to end clients through three distinct sales models: referral, direct sales, and channel partners. **Strategic Growth and Operational Efficiency** The acquisition of Claratti provides Turnium with an expanded product offering, enhanced technical capabilities, and a seasoned leadership team. Post-closing of the acquisition, Claratti’s founder and CEO Doug Childress was appointed Global CEO for TTGI, bringing over 38 years of executive management and technical expertise to the position. Subsequent to the fiscal year end, management has focused its attention on streamlining operations which resulted in a headcount reduction of approximately 20%; and eliminating redundant systems, resulting in annual operational expense savings of more than $1.1 million. **Vision for the Future** “As we make progress in transforming Turnium from a product-based business to a solutions-driven company,” said Childress, “our mission is to reach ‘Base Camp’, defined as achieving $100 million in revenue and $20 million in EBITDA by 2027. Our team remains focused on enhancing back-office systems, policies and processes, to enable scalability and drive widespread adoption of our products and services through inter-divisional collaboration, our global network of 70+ channel partners, direct sales, and strategic acquisitions.” **Fiscal Q1 2025 Guidance ** For Q1 FY2025, ending December 31, 2024, the Company expects Revenue of $1.75M to $1.95M and Gross Margin of $1.12M to $1.29M. **Financial and Operational Results Summary** The Audited Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the year ended September 30, 2024, are available on the Company’s SEDAR profile at [www.sedarplus.com](http://www.sedarplus.com). All financial information is presented in Canadian dollars unless otherwise indicated. **Fourth Quarter 2024 Highlights:** ●           **Revenue **in the fourth quarter was CAD $1.55 million (up 23%), compared to CAD $1.26 million recorded in the fourth quarter of 2023; ●           **Gross Margin **in the fourth quarter was CAD $0.926 million (up 6%), compared to CAD $0.873 million in the fourth quarter of 2023; ●           **Total Expenses** in the fourth quarter were CAD $2.00 million (down 9.9%), compared to CAD $2.22 million in the fourth quarter of 2023; ●           **Weighted Average Number of Common Shares Outstanding (basic)** at 2024 Fiscal Year End was 136,923,348, compared to 164,962,446 currently. **Quarterly Financial Highlights:** The Company’s key financial results for the three months ended September 30, 2024, are as follows: **_![](https://ttgi.io/wp-content/uploads/2025/02/feb28-1-1-1024x402.jpg)Special Notes:_** _It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives.  Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year._ _Revenue for the current quarter increased by 23% over the same quarter last year (including Claratti’s results from August 22, 2024), while cost of goods sold increased by 61%. The Company reported a combined profit margin of 60% for the quarter, compared to 69% for the same quarter last year. The Company expects its combined profit margin will remain relatively constant in the near-term, and improve with organic growth through cross-selling into our respective customer bases. _ _There are no known trends or seasonal impacts on the Company’s business although seasonal trends may develop as the Company grows._ **Subsequent Events and Other Q4 Highlights:** ●        **February 19, 2025** – The Company renewed an annual contract with Australian-based Tyro Payments for the 11th consecutive year. [(SEE LINK)](https://www.newsfilecorp.com/release/241452) ●        **February 10, 2025** – The Company was featured on SmallCapInterviews webinar. [(SEE LINK)](https://www.newsfilecorp.com/release/240240) ●        **February 7, 2025** – The Company released its second podcast featuring global Chief Executive Officer Doug Childress and Vice President of product and development Josh Hicks. [(SEE LINK)](https://www.newsfilecorp.com/release/240014/Turnium-Technology-Group-Unveils-Next-Generation-Universal-Edge-Device-in-Latest-Podcast-Episode) ●        **January 30, 2025** – The Company is planning a new strategic initiative to build an Intel-based next-generation universal edge device (or appliance) that will include advanced features such as artificial-intelligence-based dynamic traffic steering and post quantum cryptography (PQC).  [(SEE LINK)](https://www.newsfilecorp.com/release/238955/Turnium-Technology-Group-Announces-Its-Next-Generation-Universal-Edge-Device) ●        **January 17, 2025** – The Company closed the final tranche of its non-brokered private placement of unsecured convertible notes and has raised aggregate gross proceeds of $1,173,000. The final tranche is for a total of $449,000. The notes bear interest at a rate of 15 per cent per annum, will mature in 18 months of the issuance date and will be convertible, at the sole discretion of the holder, into units of the company at a conversion price of eight cents per unit for the first 12 months and 10 cents for the remaining term.  [(SEE LINK)](https://www.newsfilecorp.com/release/237563/Turnium-Technology-Group-Announces-Final-Closing-of-Unsecured-Convertible-Note-Offering) ●        **January 6, 2025** – The Company launched a new podcast series.  [(SEE LINK)](https://www.newsfilecorp.com/release/236129/Turnium-Technology-Group-Launches-New-Podcast-Series) ●        **December 5, 2024** – The Company made strategic operational enhancements as part of its continuing commitment to delivering shareholder value and achieving profitability.  [(SEE LINK)](https://www.newsfilecorp.com/release/232604/Turnium-Technology-Group-Announces-Strategic-Operational-Enhancements-and-Management-Change) ●        **October 21, 2024** – SDWAN & SASE Solutions, an existing channel partner, won a long-term managed service contract to deploy its Omnia platform to replace the legacy MPLS (Multi-Protocol Label Switching) connectivity used by a major United Kingdom retail chain with more than 200 locations. Omnia is a connectivity and security solution that integrates the Company’s SD-WAN software platform.  [(SEE LINK)](https://www.newsfilecorp.com/release/227268/Major-UK-Retail-Chain-Selects-Turnium-Partner-SDWAN-SASE-Solutions) **October 8, 2024** – The Company released the results of its annual and special meetings of shareholders held on Friday, October 4, 2024, in Vancouver, Canada. Six nominees were elected to the board of directors of the company to hold office until the next annual meeting of shareholders, or until their successors are duly appointed or elected. The new board members are Ralph Garcea, Doug Childress, Johan Arnet, Jim Lovie, Erin Campbell and Craig Pentland. In addition, shareholders approved appointing Zeifmans LLP as auditor of the company for the ensuing year, and approving the omnibus equity incentive plan of the company.  [(SEE LINK)](https://www.newsfilecorp.com/release/225976/Turnium-Technology-Group-Announces-AGM-Results) ●        **September 3, 2024** – AllEdge, an innovative new managed service provider in Morocco with a focus on finance, retail, education and health sectors, has adopted the Company’s SD-WAN platform to drive business growth and offer advanced, secure communications and business services across the Middle East and North African (MENA) region.  [(SEE LINK)](https://www.newsfilecorp.com/release/221922/Turnium-Technology-Group-Partners-with-AllEdge-to-Expand-Its-Footprint-Across-the-Middle-East-and-North-African-MENA-Region) ●        **August 22, 2024 – **The Company completed its acquisition of 100 per cent of the issued and outstanding securities of Claratti Pty. Ltd. (formerly Claratti Ltd.). The acquisition was completed pursuant to a definitive share purchase agreement dated May 30, 2024, with Claratti and each of the securityholders of Claratti (the vendors). Certain non-material terms of the share purchase agreement were amended pursuant to an amending agreement between the company and Claratti dated July 26, 2024, and a second amending agreement between the company and Claratti dated as of August 22, 2024. As a result of the acquisition, Claratti is now a wholly owned subsidiary of Turnium.  [(SEE LINK)](https://www.newsfilecorp.com/release/220836/Turnium-Technology-Group-Inc.-Announces-Closing-of-Acquisition-of-Claratti-Pty-Ltd-Formerly-Claratti-Limited-and-Concurrent-NonBrokered-Private-Placement) ●        **August 22, 2024** – The Company completed its previously announced upsized non-brokered private placement of 11,139,303 units at a price of seven cents per unit for aggregate proceeds of approximately $780,000. Each unit comprised one common share of the company and one-half of one common share purchase warrant.  [(SEE LINK)](https://www.newsfilecorp.com/release/220836/Turnium-Technology-Group-Inc.-Announces-Closing-of-Acquisition-of-Claratti-Pty-Ltd-Formerly-Claratti-Limited-and-Concurrent-NonBrokered-Private-Placement) **Fiscal Year Financial Results Summary:** Results for the Fiscal Years ended September 30, 2024 and 2023 are as follows: **Income Statement Data** **![](https://ttgi.io/wp-content/uploads/2025/02/feb28-2-1-1024x361.jpg)Promissory Notes – Subsequent to Year End** The Company also announces that, subsequent to the fiscal year end, it has completed loan agreements (the “Loan Agreements”) with lenders (the “Lenders”) borrowing a total of C$600,000 (the “Loans”). The Loans will bear interest of 1.5% per month. The Maturity Date of the Loans will be March 31, 2025, unless extended to another Maturity Date and agreed to in writing by both parties. One Lender is a Director of the Company, and the other Lenders are at arms-length to the Company. In connection with the Loan Agreements, the Company has issued six (6) million share purchase warrants (the “Loan Bonus Warrants”). Each Loan Bonus Warrant entitles the holder to purchase one common share of the Company at an exercise price of C$0.10 for a period of 36 months. Any shares issuable on exercise thereof are subject to a hold period expiring on four months from the day of issuance of the warrants. The warrants will be subject to an acceleration clause allowing for the acceleration of the warrants should the shares trade at or above C$0.30 for any 10 consecutive trading days. Two (2) million of the warrants were issued to an insider pursuant to the Loan Agreement (“Insider Participation”), and is considered to be a related party transaction within the meaning of TSX Venture Exchange (TSXV) Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101”).  The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(b) and 5.7(1)(b) of MI 61-101 in respect of the Insider Participation. This Agreement and the obligations of the Company hereunder to issue and deliver the Loan Bonus Warrants are subject to the prior acceptance for filing of this Agreement by the TSXV.   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   # # #   **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES ** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.**   **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Provides Bi-Weekly MCTO Status Update" url: "https://ttgi.io/turnium-provides-bi-weekly-mcto-status-update-2/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Vancouver, February 25, 2025 – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade" last_modified: "2025-05-22T15:26:36+00:00" categories: [Press] --- # Turnium Provides Bi-Weekly MCTO Status Update #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR_MCTO_Update_Feb252025_VF.pdf)   **Vancouver, February 25, 2025 – ****Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or the ****“****Company”)** is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”) with respect to the previously announced Management Cease Trade Order (the “MCTO”) issued by the British Columbia Securities Commission, as principal regulator, on January 29, 2025. On January 29, 2025, the Company announced that it was unable to file its annual audited financial statements for the year ended September 30, 2024, the related management’s discussion and analysis, and the related Chief Executive Officer (the “CEO”) and Chief Financial Officer (the “CFO”) certificates (collectively, the “Annual Filings”) by the deadline of January 28, 2025 (the “Original Announcement”). Turnium confirms that it is actively working with its audit team to complete the Annual Filings, which will be filed as soon as possible. As previously stated, subject to current conditions remaining the same, the Company remains confident in its ability to complete the Annual Filings before the March 31, 2025 deadline. The Company confirms that since the date of the Original Announcement: (a) there have been no material changes to the information contained in the Original Announcement that would reasonably be expected to be material to an investor; (b) there have been no failures by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (c) there has not been, nor is there anticipated to be, any other specified default subsequent to the default which is the subject of the Original Announcement; and (d) there is no other material information concerning the affairs of the Company that has not been generally disclosed. Until the Company files the Annual Filings, it will comply with the alternative information guidelines set out under sections 9 and 10 of NP 12-203. The guidelines, among other things, require the Company to issue bi-weekly default status reports, in the form of news releases, for so long as the Annual Filings have not been filed. **While**** the MCTO**** is in effect****, the general investing public will continue to be able to trade ****freely ****in the Company’s ****listed ****common shares.** However, the MCTO will prohibit the Company’s CEO and CFO from trading securities of the Company for so long as the Annual Filings are not filed.   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io,) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.** _Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws, including, without limitation, statements with respect to: statements regarding the timing, review, completion and filing of the Annual Filings by March 31, 2025, and the Company’s ability to comply with the provisions of the alternative information guidelines described in NP 12-203. _ _Such statements involve known and unknown risks, uncertainties, and other factors and assumptions which may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements or information including, without limitation, the risk of the Company not being able to file the Annual Filings on time and the other factors disclosed under “Risk Factors” in the Company’s __M__anagement’s __D__iscussion and __A__nalysis__ for the year ended September 30, 2023, and those risks described in other documents incorporated or deemed to be incorporated by reference therein. Such statements can be identified by the use of words such as “expect”, “anticipate”, and other similar terminology, or state that certain actions, events, or results “may”, “could”, “might”, or “will” be taken, occur, or be achieved. _ _These statements reflect the Company’s current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company’s expectations regarding future events, performance, or results change._ --- --- title: "Turnium Technology Group Announces Annual Contract Renewal with Tyro Payments" url: "https://ttgi.io/turnium-technology-group-announces-annual-contract-renewal-with-tyro-payments/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Potential to Reach 71,000+ Customers and 770+ Partners Across Australia February 19, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service" last_modified: "2025-05-22T15:29:19+00:00" categories: [Press] --- # Turnium Technology Group Announces Annual Contract Renewal with Tyro Payments #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/2025-02-19_TTGI_PR_TYRO.pdf)   **Potential to Reach 71,000+ Customers and 770+ Partners Across Australia** **February 19, 2025** – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, proudly announces it has renewed an annual contract with Australian-based Tyro Payments for the 11th consecutive year. Tyro, a leading Australian payments company, has relied on Claratti, a wholly-owned subsidiary of Turnium, for more than 11 years to source software, which Tyro uses to underpin its business. Doug Childress, Turnium Global CEO, stated, “Turnium values its ongoing partnership with Tyro and looks forward to further developing deeper strategic relationships with them around Managed Wi-Fi, Cybersecurity and other essential services, which Tyro can offer to its 71,000+ plus customers through 770+ partners.” At the heart of Turnium beats the constant question, “What problem are you trying to solve, and how can we help?” In the case of Tyro, it was how they renewed their software and continued to scale cost-effectively. The Claratti team worked with the Tyro team to understand the objectives, then leveraged Claratti’s buying power to help Tyro save thousands of dollars in annual renewal charges.   ###   **About Tyro Payments** In 2003, Tyro set out to make payments the easiest part of doing business. Today, we’re still into business big time, powering more than 71,000 merchants across Australia with in-store, online and on-the-go payment solutions. Working with more than 770 partners, we create seamless payment experiences for hospitality, retail, services and health providers, with integrated banking and lending solutions designed to help unlock the potential of every business. For more information: [https://www.tyro.com/about-tyro/](https://www.tyro.com/about-tyro/)   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Provides Bi-Weekly MCTO Status Update" url: "https://ttgi.io/turnium-provides-bi-weekly-mcto-status-update/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Vancouver, February 11, 2025 – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)  (“Turnium” or the “Company”) is providing this bi-weekly default status report in accordance with  National Policy 12-203 – Management Cease Trade" last_modified: "2025-05-22T15:31:30+00:00" categories: [Press] --- # Turnium Provides Bi-Weekly MCTO Status Update #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR_MCTO_Update_Feb112025_VF.pdf)   **Vancouver, February 11, 2025 – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48)  (“Turnium” or the “Company”) **is providing this bi-weekly default status report in accordance with  National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”) with respect to the  previously announced Management Cease Trade Order (the “MCTO”) issued by the British  Columbia Securities Commission, as principal regulator, on January 29, 2025.  On January 29, 2025, the Company announced that it was unable to file its annual audited financial  statements for the year ended September 30, 2024, the related management’s discussion and  analysis, and the related Chief Executive Officer (the “CEO”) and Chief Financial Officer (the “CFO”)  certificates (collectively, the “Annual Filings”) by the deadline of January 28, 2025 (the “Original  Announcement”). Turnium confirms that it continues to work with its audit team to complete the  Annual Filings.  As previously stated, subject to current conditions remaining the same, the Company remains  confident in its ability to complete the Annual Filings before the March 31, 2025 deadline.  The Company confirms that since the date of the Original Announcement: (a) there have been no  material changes to the information contained in the Original Announcement that would reasonably  be expected to be material to an investor; (b) there have been no failures by the Company in fulfilling  its stated intentions with respect to satisfying the provisions of the alternative information guidelines  as set out in NP 12-203; (c) there has not been, nor is there anticipated to be, any other specified  default subsequent to the default which is the subject of the Original Announcement; and (d) there  is no other material information concerning the affairs of the Company that has not been generally  disclosed.  Until the Company files the Annual Filings, it will comply with the alternative information guidelines  set out under sections 9 and 10 of NP 12-203. The guidelines, among other things, require the  Company to issue bi-weekly default status reports, in the form of news releases, for so long as the  Annual Filings have not been filed.   **While the MCTO is in effect, the general investing public will continue to be able to trade  freely in the Company’s listed common shares. **However, the MCTO will prohibit the Company’s  CEO and CFO from trading securities of the Company for so long as the Annual Filings are not filed.     **About Turnium Technology Group Inc.: “Let’s get IT done.”**** ** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions  through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT  providers with a complete, white-labelled portfolio of business technology solutions, enabling them  to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and  capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need.  Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing  and sales enablement to help channel partners go to market quickly and deliver exceptional quality.  Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its  channel partners and their end-customers—ensuring that “We get IT done, right.”  For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium. **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547   Media inquiries: please email media@ttgi.io  Sales inquiries: please email sales@ttgi.io  [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)    **CAUTIONARY NOTES ** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of  this release. ** Certain statements in this release constitute “forward-looking statements” or “forward-looking  information” within the meaning of applicable securities laws, including, without limitation,  statements with respect to: statements regarding the timing, review, completion and filing of the  Annual Filings by March 31, 2025, and the Company’s ability to comply with the provisions of the  alternative information guidelines described in NP 12-203.   Such statements involve known and unknown risks, uncertainties, and other factors and  assumptions which may cause the actual results, performance, or achievements of the Company,  or industry results, to be materially different from any future results, performance, or achievements  expressed or implied by such forward-looking statements or information including, without  limitation, the risk of the Company not being able to file the Annual Filings on time and the other  factors disclosed under “Risk Factors” in the Company’s Management’s Discussion and Analysis for the year ended September 30, 2023, and those risks described in other documents incorporated  or deemed to be incorporated by reference therein. Such statements can be identified by the use  of words such as “expect”, “anticipate”, and other similar terminology, or state that certain actions,  events, or results “may”, “could”, “might”, or “will” be taken, occur, or be achieved.   These statements reflect the Company’s current expectations regarding future events,  performance, and results and speak only as of the date of this news release. Consequently, there  can be no assurances that such statements will prove to be accurate and actual results and future  events could differ materially from those anticipated in such statements. Except as required by  securities disclosure laws and regulations applicable to the Company, the Company undertakes  no obligation to update these forward-looking statements if the Company’s expectations regarding  future events, performance, or results change. --- --- title: "Turnium Technology Group Featured on SmallCapInterviews Webinar" url: "https://ttgi.io/turnium-technology-group-featured-on-smallcapinterviews-webinar/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Doug Childress (CEO) and Ralph Garcea (Chairman) Discuss What’s Next for Turnium  Watch now: https://www.youtube.com/watch?v=24gQVIe0iwQ   February 10, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”)" last_modified: "2025-05-22T15:34:51+00:00" categories: [Press] --- # Turnium Technology Group Featured on SmallCapInterviews Webinar #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR_SmallCapInterviews_Feb102025_VF.pdf)   **Doug Childress (CEO) and Ralph Garcea (Chairman) Discuss What’s Next for Turnium** **_ Watch now: _[https://www.youtube.com/watch?v=24gQVIe0iwQ](https://www.youtube.com/watch?v=24gQVIe0iwQ)**   **February 10, 2025 **_– Vancouver, Canada_ – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”) announces the release of an in-depth interview with SmallCapInterviews’ Jim Gordon. During the interview, Global CEO Doug Childress and Chairman Ralph Garcea, discuss the future of Turnium post the Claratti acquisition. **Key Topics Discussed in the Interview Include:** - Understanding TTGI’s acquisition logic of Claratti - The simplified “Technology as a Service” business model - Leveraging the 70+ worldwide channel partners to unlock cross sell opportunities - Growth strategy and future roadmap of TTGI The video interview can be accessed at: [https://www.youtube.com/watch?v=24gQVIe0iwQ](https://www.youtube.com/watch?v=24gQVIe0iwQ) ###   **About SmallCapInterviews** SmallCapInterviews provides industry-leading small-cap coverage, research, and analysis. Focused on investment community education through our analyst coverage and introducing new technology and mining opportunities to our Canadian and international audiences. For more information, please visit [https://smallcapinterviews.com](https://smallcapinterviews.com).   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Unveils Next Generation Universal Edge Device in Latest Podcast Episode" url: "https://ttgi.io/turnium-technology-group-unveils-next-generation-universal-edge-device-in-latest-podcast-episode/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   AI-Based Dynamic Traffic Steering and Post Quantum Cryptography (PQC) Ready Listen now: https://sdwan.podbean.com/e/sd-wan-version-70-overview/ February 7, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”) announces the release" last_modified: "2025-05-22T15:38:10+00:00" categories: [Press] --- # Turnium Technology Group Unveils Next Generation Universal Edge Device in Latest Podcast Episode #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PR_PODCAST_Feb072025_VF.pdf)   **AI-Based Dynamic Traffic Steering and Post Quantum Cryptography (PQC) Ready** **Listen now_: _[https://sdwan.podbean.com/e/sd-wan-version-70-overview/](https://sdwan.podbean.com/e/sd-wan-version-70-overview/)** **February 7, 2025 **_– Vancouver, Canada_ – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”) announces the release of its second podcast featuring Global CEO Doug Childress and Vice President of Product and Development Josh Hicks. In this episode, they introduce Turnium’s groundbreaking AI-powered, strategic initiative: the Intel-based Next Generation Universal Edge Device, a cutting-edge appliance that promises to revolutionize edge computing. The Universal Edge Device incorporates advanced technologies such as AI-driven dynamic traffic steering and Post Quantum Cryptography (PQC), positioning Turnium at the forefront of innovation in SD-WAN and edge solutions. During the podcast, Childress and Hicks reveal that the latest SD-WAN software (V7.x) has moved well beyond proof-of-concept stages and is undergoing commercial trials in key channel partners’ labs. These trials have already demonstrated impressive data throughput improvements, achieving nearly 10x faster speeds on consumer chips and 13x faster on enterprise-grade chips compared to V6.x, with potential line-rate performance of up to 100Gbps. Additionally, the software’s Management Server supports an unprecedented node density of over 100,000 nodes, setting a new benchmark for SD-WAN performance. **Key Features of the Next Generation Universal Edge Device Include:** - **Subscription-Based Appliance**: Combines advanced routing, edge switching, and firewall services into one managed platform. - **Streamlined Management Interface**: Enables quick and seamless addition of new products and services for channel partners. - **Biometric Authentication**: Each device features fingerprint biometric identification linked to Turnium’s zero-touch provisioning system. - **Embedded Security**: Includes a secure remote management agent that communicates with Turnium’s global 24x7x365 Security Operations Centre (SOC). This state-of-the-art device exemplifies Turnium’s commitment to empowering its channel partners with innovative solutions that address their customers’ evolving needs. The rollout of the Universal Edge Device marks another milestone in Turnium’s mission to redefine the edge computing landscape.   ###   **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit www.ttgi.io or follow us on Twitter @turnium.   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com)   **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces Its Next Generation Universal Edge Device" url: "https://ttgi.io/turnium-technology-group-announces-its-next-generation-universal-edge-device/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   AI-Based Dynamic Traffic Steering and Post Quantum Cryptography (PQC) Ready January 30, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (\"Turnium\" or \"the Company\"), a global leader in Technology-as-a-Service (TaaS)" last_modified: "2025-05-22T15:46:03+00:00" categories: [Press] --- # Turnium Technology Group Announces Its Next Generation Universal Edge Device #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/2025-01-30_-_TTGI_-_NR_-_NEW_CPE.pdf)   **AI-Based Dynamic Traffic Steering and Post Quantum Cryptography (PQC) Ready** **January**** 30****,**** ****2025**** **– Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces a new strategic initiative to build an Intel-based next generation Universal Edge Device (or “appliance”) that will include advanced features such as AI-based dynamic traffic steering and Post Quantum Cryptography (PQC).   ![](https://ttgi.io/wp-content/uploads/2025/02/238955_74f8c0725402aaef_002full-1024x564.jpg)   Since 2012, Turnium has established itself as a globally recognized developer and trusted provider of proprietary SD-WAN software on a “white-label” basis, offering Turnium’s global channel partners network (70+ worldwide) to re-badge the software under the partner’s own brand. Turnium’s SD-WAN software runs on any Intel-based x86 server(s) at a price point of ~$400 per device, as compared to its major competitors with price points in the multiple thousands of dollars. Doug Childress, Global CEO stated, “As we drive innovation from the top down, we will continue to focus on accelerating our R&D efforts, leveraging our teams proven skillsets, knowledge and industry experience to help define new standards for next generation dynamic routing, switching and firewall solutions – all on a single managed device.” Turnium’s latest SD-WAN software (V7.x) is well beyond the proof of concept and pilot stages, and already in key channel partners’ labs, where initial commercial trials are producing significant improvements to data throughput rates, nearly 10x faster on consumer chips, 13x faster on modern enterprise chips than V6.x, and showing the potential to achieve line rate speeds (up to 100Gbps). Turnium’s next generation device is also part of an ecosystem in V7.x where the Management Server has a node density of ~100,000+ nodes. This increased data throughput, and Management Server density, is unheard of in today’s SD-WAN standards. Childress, further stated, “The Turnium team remains laser focused on providing our global channel partners with the most robust and cutting-edge suite of IT solutions to meet their growing customer needs – today and into the future. We are very delighted to have introduced this latest product and feature-set functionality: improved data throughput speeds, self-serve interfaces, AI-driven dynamic traffic steering, embedded cybersecurity tools, as well as the future integration of Post Quantum Cryptography (PQC) – on a world first white-label basis.” The new Turnium next generation Universal Edge Device will be rolled out as a subscription-based appliance, where the device will bring advanced routing, edge switching and firewall appliance services onto one managed platform. Turnium’s goal is to provide its channel partners with an easy-to-use management interface, enabling for the quick and seamless addition of new products and services as requested by their end customers. Each device will be uniquely identified with fingerprint biometric authentication, that will tie the remote device back to Turnium’s zero-touch provisioning system. Additionally, Turnium will embed a secure remote management agent into the firmware, where each device will communicate with Turnium’s global 24x7x365 Security Operations Centre (SOC). Through the acquisition of Australia-based Claratti, Turnium has gained invaluable mechanical, electrical and technical expertise specifically in advanced level Telecommunications, Artificial Intelligence (AI) and Internet of Things (IoT). ### **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers-ensuring that “We get IT done, right.” For more information, contact sales@ttgi.io, visit [www.ttgi.io](http://ttgi.io) or follow us on Twitter [@turnium](https://x.com/Turnium). **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547** Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com) CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Announces Grant of Management Cease Trade Order" url: "https://ttgi.io/turnium-announces-grant-of-management-cease-trade-order/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   January 29, 2025 – Vancouver, Canada – Turnium Technology Group Inc.  (TSXV: TTGI) (FSE: E48) (\"Turnium\" or the \"Company\") announces today that it was unable to meet the January 28, 2025 deadline to file its Audited" last_modified: "2025-05-22T15:48:31+00:00" categories: [Press] --- # Turnium Announces Grant of Management Cease Trade Order #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_MCTO_Press_Release_Jan292025_VFF2.pdf)   **January**** 29****,**** ****2025**** **– Vancouver, Canada – **Turnium Technology Group Inc.** ** (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”) **announces today that it was unable to meet the January 28, 2025 deadline to file its Audited Annual Financial Statements, Management’s Discussion and Analysis, and related CEO and CFO certificates for the fiscal year ended September 30, 2024 (collectively, the “Annual Filings”), as required under applicable Canadian securities laws. In connection with the Company’s inability to file the Annual Filings on time, the Company applied, and received approval, for a Management Cease Trade Order (the “MCTO”) from the British Columbia Securities Commission under National Policy 12-203 – _Management Cease Trade Orders_ (“NP 12-203”). The Company will have until March 31, 2025 to file its Annual Filings. The Company’s delay in filing the Annual Filings is due to the fact that it needs more time to prepare the Audited Annual Financial Statements, and complete the financial audit with its auditor. This delay has arisen due to increased transaction volume, following a recent acquisition by the Company. The Company remains confident in its ability to complete the Annual Filings and is actively coordinating necessary tasks on a daily basis. The Company anticipates that, subject to current conditions remaining the same, it will be able to file the Annual Filings by the end of February, 2025, and in any event on or prior to March 31, 2025 (in accordance with the terms of the MCTO). Until the Company files the Annual Filings, it will comply with the alternative information guidelines set out under sections 9 and 10 of NP 12-203. The guidelines, among other things, require the Company to issue bi-weekly default status reports, in the form of news releases, for so long as the Annual Filings have not been filed. **While the MCTO is in effect, the general investing public will continue to be able to trade freely in the Company’s listed common shares. **However, the MCTO will prohibit the Company’s Chief Executive Officer and Chief Financial Officer from trading securities of the Company for so long as the Annual Filings are not filed. Additionally, the Company will be prohibited from directly or indirectly issuing or acquiring securities from insiders or employees of the Company until such time as the Annual Filings and all continuous disclosure requirements have been filed by the Company, and the MCTO has been lifted. The Company confirms as of the date of this news release that there is no insolvency proceeding against it and there is no other material information concerning the affairs of the Company that has not been generally disclosed. ### **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers-ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://ttgi.io) or follow us on Twitter [@turnium](https://x.com/Turnium). **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io)** [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com) CAUTIONARY NOTES** **Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.** _Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws, including, without limitation, statements with respect to: statements regarding the timing, review, completion and filing of the Annual Filings by the end of February, 2025 (or, failing that, March 31, 2025) and the Company’s ability to comply with the provisions of the alternative information guidelines described in NP 12-203._ _Such statements involve known and unknown risks, uncertainties, and other factors and assumptions which may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements or information including, without limitation, the risk of the Company not being able to file the Annual Filings on time and the other factors disclosed under “Risk Factors” in the Company’s Management’s Discussion and Analysis for the year ended September 30, 2023, and those risks described in other documents incorporated or deemed to be incorporated by reference therein. Such statements can be identified by the use of words such as “expect”, “anticipate”, and other similar terminology, or state that certain actions, events, or results “may”, “could”, “might”, or “will” be taken, occur, or be achieved._ _These statements reflect the Company’s current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company’s expectations regarding future events, performance, or results change._ --- --- title: "Turnium Technology Group Announces Final Closing of Unsecured Convertible Note Offering" url: "https://ttgi.io/turnium-technology-group-announces-final-closing-of-unsecured-convertible-note-offering/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   January 17, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (\"Turnium\" or \"the Company\"), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead" last_modified: "2025-05-22T15:50:33+00:00" categories: [Press] --- # Turnium Technology Group Announces Final Closing of Unsecured Convertible Note Offering #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_Convertible_Note_final_close_press_release_Jan172025_VF.pdf)   **January**** ****17,**** ****2025**** **– Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that it has closed the final tranche of its non-brokered private placement of unsecured convertible notes and has raised aggregate gross proceeds of C$1,173,000 (the “Financing”). The Final Tranche is for a total of C$449,000. The Notes bear interest at a rate of 15% per annum, will mature in 18 months of the issuance date and will be convertible, at the sole discretion of the holder, into units of the Company (“Units”) at a conversion price of C$0.08 per Unit for the first 12 months and C$0.10 for the remaining term (the “Conversion Price”). Each Unit shall consist of one Common share (a “Common Share”) and one Common share purchase warrant of the Company (the “Warrants”). Each Warrant is exercisable for a period of 2 years at C$0.10 and is subject to certain acceleration terms as noted in previous press release of December 18, 2024. The Notes issued in connection with the fourth and final tranche Closing will mature on July 16, 2026. The Company has entered into finder’s fee agreements in accordance with securities laws and the policies of the TSXV (the “Finders”). Ventum Financial Corp. will be paid a cash finder’s fee of C$4,830 and will be issued 60,375 finders warrants exercisable at $0.10 for a period of 2 years. In total, the Company has paid $37,480 in Cash and issued a total of 449,750 Finders warrants to qualified finders, in relation to the Financing. The Company intends to use the net proceeds from the Financing for general corporate and working capital purposes. The Final Tranche Notes will not be assignable, transferable or negotiable and will be subject to a statutory hold period expiring on May 18, 2025. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. ### **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a- Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers-ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://ttgi.io) or follow us on Twitter [@turnium](https://x.com/Turnium). # # # **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547.** Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io). Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io). [www.ttgi.io](http://ttgi.io), [www.turnium.com](http://www.turnium.com), [www.claratti.com](http://www.claratti.com). CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** _This press release may contain “forward-looking information” and “forward-looking statements within the meaning of applicable securities legislation. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements herein include, but are not limited to, statements regarding: whether the Company will redeem the debentures prior to maturity, and the anticipated use of proceeds. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including but not limited to the risk factors discussed in our current annual financial statements, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at _[_**www.sedarplus.ca**_](http://www.sedarplus.ca),_ which factors are incorporated herein by reference. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law._ --- --- title: "Turnium Technology Group Launches New Podcast Series" url: "https://ttgi.io/turnium-technology-group-launches-new-podcast-series/" lang: "en-US" type: "post" description: "Download Full Press Release (PDF)   Listen now: https://www.podbean.com/ew/pb-2kj55-178d7ea Starting with the initial episode: \"Turnium Overview and Highlights 2024\" Future podcasts to discuss new CPE device and Post Quantum Cryptography (PQC) integration January 06, 2025 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV:" last_modified: "2025-05-22T15:52:50+00:00" categories: [Press] --- # Turnium Technology Group Launches New Podcast Series #### [Download Full Press Release (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_PODCAST_LAUNCH_PR_JAN_06_2025_VF.pdf)   **_Listen now: _[_https://www.podbean.com/ew/pb-2kj55-178d7ea_](https://www.podbean.com/ew/pb-2kj55-178d7ea)** - **_Starting with the initial episode: “Turnium Overview and Highlights 2024”_** - **_Future podcasts to discuss new CPE device and Post Quantum Cryptography (PQC) integration_** **January**** 06****,**** ****2025**** **– Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces the launch of its brand-new Turnium Podcast series, created by the I Made It Co-op team, starting with the initial episode: **“Turnium Overview and Highlights 2024.”** Whether you’re a tech enthusiast, business leader, or an investor, this episode is packed with valuable takeaways. In Episode 1, we take a deep dive into the latest advancements and key milestones of Turnium Technology Group Inc (TTGI). This podcast offers a comprehensive look at how TTGI continues to innovate in the world of Technology-as-a-Service (TaaS) solutions designed to revolutionize secure connectivity for service providers and businesses globally. In this episode, we’ll spotlight our achievements from the past year, discuss exciting developments for 2024, and explore how TTGI is setting new standards in network reliability, performance, cybersecurity and scalability. Whether you’re a current partner, potential client, or simply intrigued by the future of secure networking technology, this podcast is your gateway to understanding TTGI’s impact and vision for 2024 and beyond. In future podcasts, we will focus on exciting new features we are working on including: (1) the next-generation V7.0 of our SD-WAN software, designed for unmatched speed and reliability, positioning TTGI as the provider of potentially the fastest SD-WAN software on the planet; (2) the development of a groundbreaking line of Customer Premises Equipment (CPE), integrating an advanced AI-routing engine and Post Quantum Cryptography (PQC) technology; (3) empowering exponential growth using an AI-powered Marketing & Sales Engine which drives new revenues to our worldwide channel partners; and (4) understanding our “sell-through” business model, which leverages our channel partners skills and expertise to expand our products and services into the end client’s businesses. Our innovation is redefining traditional IT & communications standards delivering unparalleled security, speed, and intelligence – reshaping the future of acquiring, deploying and using technology. ### **About Turnium Technology Group Inc.: “Let’s get IT done.”** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers-ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://ttgi.io) or follow us on Twitter [@turnium](https://x.com/Turnium). # # # **Turnium Contact:**** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547. Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io). Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io). [www.ttgi.io](http://ttgi.io), [www.turnium.com](https://api.newsfilecorp.com/redirect/85geau3jjr), [www.claratti.com](https://api.newsfilecorp.com/redirect/yEwBbiGZZg) CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces Closing of Third Tranche of Unsecured Convertible Note Offering" url: "https://ttgi.io/turnium-technology-group-announces-closing-of-third-tranche-of-unsecured-convertible-note-offering/" lang: "en-US" type: "post" description: "December 18, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that it" last_modified: "2025-02-01T04:30:49+00:00" categories: [Press] --- # Turnium Technology Group Announces Closing of Third Tranche of Unsecured Convertible Note Offering **December**** ****18,**** ****2024**** **– Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that it has closed the third tranche of a non-brokered private placement of unsecured convertible notes (the “Third Tranche Notes”) for aggregate gross proceeds of up to C$1,000,000 (the “Offering”). The Third Tranche Notes close is for $118,000. The Notes bear interest at a rate of 15% per annum, will mature in 18 months of the issuance date and will be convertible, at the sole discretion of the holder, into units of the Company (“Units”) at a conversion price of C$0.08 per Unit for the first 12 months and C$0.10 for the remaining term (the “Conversion Price”). Each Unit shall consist of one Common share in the capital of the Company (a “Common Share”) and one Common share purchase warrant of the Company (the “Warrants”). Each Warrant entitles the holder thereof to acquire one Common Share (each, a “Warrant Share”) at C$0.10 per Warrant Share for two years from the date of issue, subject to adjustment in certain customary events. The Company may, at its option, accelerate the expiry date of the Warrants on thirty days’ notice if the volume weighted average trading price (VWAP) of the Common Shares on the TSXV is greater than C$0.30 for the preceding ten (10) consecutive trading days. The Notes issued in connection with the First Tranche Closing (the “First Tranche Notes”) will mature on May 4, 2026, the Second Tranche Notes will mature on May 27, 2026 and the Third Tranche Notes will mature on June 18, 2026. The Notes will be unsecured obligations of the Company and shall rank _pari passu _in right of payment of principal and interest with all other Notes issued under the Offering and all previously existing and future unsecured indebtedness of the Company. The Company has entered into finder’s fee agreements in accordance with securities laws and the policies of the TSXV (the “Finders”). Research Capital Corporation will be paid a cash finder’s fee of C$1,500. The Company intends to use the net proceeds from the Third Tranche Closing for general corporate and working capital purposes. The Third Tranche Notes will not be assignable, transferable or negotiable. The Third Tranche Notes will be subject to a statutory hold period expiring on April 18, 2025. The closing of any additional tranches of the Offering are subject to the approval of the TSXV. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. ### **About Turnium Technology**** ****Group Inc.: “Let’s get IT done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a- Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io) , visit [www.ttgi.io](http://ttgi.io/) or follow us on Twitter [@turnium](https://x.com/Turnium). # # # **Turnium**** ****Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io.](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io,](http://ttgi.io/) [www.turnium.com,](http://www.turnium.com/) [www.claratti.com](http://www.claratti.com/) **CAUTIONARY**** ****NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward- looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces Strategic Operational Enhancements and Management Change" url: "https://ttgi.io/turnium-technology-group-announces-strategic-operational-enhancements-and-management-change/" lang: "en-US" type: "post" description: "December 5, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces strategic operational" last_modified: "2024-12-08T23:17:06+00:00" categories: [Press] --- # Turnium Technology Group Announces Strategic Operational Enhancements and Management Change **December**** ****5,**** ****2024**** **– Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces strategic operational enhancements as part of its ongoing commitment to delivering shareholder value and achieving profitability. Doug Childress, Global CEO, stated, “Our focus remains on building a stronger, more profitable organization, and the changes are imperative to align our leadership structure and operational priorities with the future of TTGI.” With annualized cost savings expected to exceed $1 million, Childress further outlined the broader operational improvements and strategic changes currently underway, designed to position Turnium for scalable growth and enhanced client outcomes: - **Accelerating**** ****Sales with**** ****AI**** ****Integration: **Turnium is leveraging artificial intelligence to streamline lead generation, outbound sales, and marketing campaigns, resulting in greater efficiency and precision in client acquisition efforts. - **Back-Office**** ****Optimization:**** **Comprehensive reviews of systems and processes uncovered significant areas of overlap, prompting necessary redundancies and more streamlined operations to enhance efficiency. - **Management-Level**** ****Restructuring:**** **Leadership roles and responsibilities have been restructured to ensure the right people are in the right positions. This strategic shift is in response to the challenges and opportunities created by the company’s recent doubling in size, laying the foundation for its next phase of growth. - **Client-First**** ****Delivery**** ****Model:**** **Turnium is doubling down on its commitment to a client-centric delivery approach, fully adopting the mindset of “Let’s Get IT Done” across the organization. The leadership team is confident that these strategic adjustments will drive improved performance, deliver long-term value to shareholders, and strengthen Turnium’s position in the market. “These changes were well overdue,” stated one manager. “They’ve been embraced by the team and are already showing results as we prepare to scale to the next level.” As part of the restructuring, Geoff Hultin, formerly the Chief Commercial Officer has left the Company. We would like to thank Mr. Hultin for his years of service, and wish him well in his future endeavours. ### **About Turnium Technology Group Inc.: “Let’s get IT done.”****** Turnium Technology Group Inc. (TTGI) acquires companies that complement its Technology-as-a-Service (TaaS) strategy, integrates them to generate efficiencies, and delivers their solutions through a global channel partner program to customers worldwide. TTGI’s mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand. In essence, Turnium is building a TaaS platform that incorporates all the services, platforms, and capabilities that ISPs, MSPs, IT Providers, VoIP/UCaaS, CCaaS, or Cloud Providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality. Turnium delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its channel partners and their end-customers—ensuring that “We get IT done, right.” For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io) , visit [www.ttgi.io](http://ttgi.io/) or follow us on Twitter @turnium. # # # **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io,](mailto:investor.relations@ttgi.io) Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io.](mailto:media@ttgi.io) Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io,](http://ttgi.io/) [www.turnium.com,](http://www.turnium.com/) [www.claratti.com](http://www.claratti.com/) **CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Announces Closing of Second Tranche of Unsecured Convertible Note Offering" url: "https://ttgi.io/turnium-technology-group-announces-closing-of-second-tranche-of-unsecured-convertible-note-offering/" lang: "en-US" type: "post" description: "November 28, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that it" last_modified: "2024-12-06T02:27:38+00:00" categories: [Press] --- # Turnium Technology Group Announces Closing of Second Tranche of Unsecured Convertible Note Offering **November 28, 2024 **– Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that it has closed the second tranche of a non-brokered private placement of unsecured convertible notes (the “Second Tranche Notes”) for aggregate gross proceeds of up to C$1,000,000 (the “Offering”). The Second Tranche Notes close is for $105,000. The Notes bear interest at a rate of 15% per annum, will mature in 18 months of the issuance date and will be convertible, at the sole discretion of the holder, into units of the Company (“Units”) at a conversion price of C$0.08 per Unit for the first 12 months and C$0.10 for the remaining term (the “Conversion Price”). Each Unit shall consist of one Common share in the capital of the Company (a “Common Share”) and one Common share purchase warrant of the Company (the “Warrants”). Each Warrant entitles the holder thereof to acquire one Common Share (each, a “Warrant Share”) at C$0.10 per Warrant Share for two years from the date of issue, subject to adjustment in certain customary events. The Company may, at its option, accelerate the expiry date of the Warrants on thirty days’ notice if the volume weighted average trading price (VWAP) of the Common Shares on the TSXV is greater than C$0.30 for the preceding ten (10) consecutive trading days. The Notes issued in connection with the First Tranche Closing (the “First Tranche Notes”) will mature on May 4, 2026 and the Second Tranche Notes will mature on May 27, 2026. The Notes will be unsecured obligations of the Company and shall rank _pari passu _in right of payment of principal and interest with all other Notes issued under the Offering and all previously existing and future unsecured indebtedness of the Company. The Company has entered into finder’s fee agreements in accordance with securities laws and the policies of the TSXV (the “Finders”). Ventum Financial Corp. will be paid a cash finder’s fee of C$2,100 and shall be issued a total of 26,250 finders warrants. Integral Wealth Securities Ltd. will be paid a cash finder’s fee of C$700 and shall be issued a total of 8,750 finders warrants. In all cases, the finders warrants shall be exercisable at C$0.10 for a period of 24 months. The Company intends to use the net proceeds from the Second Tranche Closing for general corporate and working capital purposes. The Second Tranche Notes will not be assignable, transferable or negotiable. The Second Tranche Notes will be subject to a statutory hold period expiring on March 28, 2025. The closing of any additional tranches of the Offering are subject to the approval of the TSXV. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. ### **About Turnium Technology Group Inc.: “Let’s get IT done.” ** We believe that the more protected our partners and their customers feel about technology, the more fearless they are with IT. We deliver a 360o white-label Technology-as-a-Service (TaaS) platform to enable our channel partners to deliver more services, more quickly and securely, so their customers can integrate IT fearlessly into their operations or lifestyles in ways they never imagined possible. For more information, contact sales@ttgi.io , visit www.ttgi.io or follow us on Twitter @turnium. # # # **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: investor.relations@ttgi.io, Telephone: +1 416-479-9547 Media inquiries: please email media@ttgi.io. Sales inquiries: please email sales@ttgi.io www.ttgi.io, www.turnium.com, www.claratti.com **CAUTIONARY NOTES ** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "TY: Contact" url: "https://ttgi.io/contact/thanks/" lang: "en-US" type: "page" last_modified: "2024-11-20T01:55:46+00:00" --- # TY: Contact --- --- title: "Turnium Technology Group Announces Closing of First Tranche of Unsecured Convertible Note Offering" url: "https://ttgi.io/turnium-technology-group-announces-closing-of-first-tranche-of-unsecured-convertible-note-offering/" lang: "en-US" type: "post" description: "November 5, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that it" last_modified: "2024-11-05T23:03:54+00:00" categories: [Press] --- # Turnium Technology Group Announces Closing of First Tranche of Unsecured Convertible Note Offering **November 5, 2024** – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), a global leader in Technology-as-a-Service (TaaS) and partner enablement services, including an AI-powered prospecting and lead generation platform, announces that it has closed the first tranche of a non-brokered private placement of unsecured convertible notes (the “Notes”) for aggregate gross proceeds of up to C$1,000,000 (the “Offering”). The Notes bear interest at a rate of 15% per annum, will mature in 18 months of the issuance date and will be convertible, at the sole discretion of the holder, into units of the Company (“Units”) at a conversion price of C$0.08 per Unit for the first 12 months and C$0.10 for the remaining term (the “Conversion Price”). Each Unit shall consist of one Common share in the capital of the Company (a “Common Share”) and one Common share purchase warrant of the Company (the “Warrants”). Each Warrant entitles the holder thereof to acquire one Common Share (each, a “Warrant Share”) at C$0.10 per Warrant Share for two years from the date of issue subject to adjustment in certain customary events. The Company may, at its option, accelerate the expiry date of the Warrants on thirty days’ notice if the volume weighted average trading price (VWAP) of the Common Shares on the TSXV is greater than C$0.30 for the preceding ten (10) consecutive trading days. The first tranche closing of the Offering is comprised of the issuance of unsecured convertible notes in the aggregate principal amount of C$501,000 (the “First Tranche Closing”). The Notes issued in connection with the First Tranche Closing (the “First Tranche Notes”) will mature on May 4, 2026. The First Tranche Notes will be unsecured obligations of the Company and shall rank _pari passu_ in right of payment of principal and interest with all other Notes issued under the Offering and all previously existing and future unsecured indebtedness of the Company. The First Tranche Notes were offered for sale on a non-brokered private placement basis in Canada to “accredited investors” within the meaning of National Instrument 45-106 – _Prospectus Exemptions_. In connection with the First Tranche Closing, the Company has entered into finder’s fee agreements with qualified arm’s length finders, in accordance with securities laws and the policies of the TSXV (the “Finders”). The Company will pay Ventum Financial Corp. a cash finder’s fee of C$25,550 and shall issue a total of 319,375 finders warrants. The Company will pay Haywood Securities Inc. a cash finder’s fee of C$2,100 and shall issue a total of 26,250 finders warrants. The Company will pay Hampton Securities Inc. a cash finder’s fee of C$700 and shall issue a total of 8,750 finders warrants. In all cases, the finders warrants shall be exercisable at C$0.10 for a period of 24 months. The Company intends to use the net proceeds from the First Tranche Closing for general corporate and working capital purposes. The First Tranche Notes will not be assignable, transferable or negotiable. The First Tranche Notes will be subject to a statutory hold period expiring on March 5, 2025. The closing of any additional tranches of the Offering are subject to the approval of the TSXV. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. ### **About Turnium Technology Group Inc.: ****“Let’s get IT done.”** We believe that the more protected our partners and their customers feel about technology, the more fearless they are with IT. We deliver a 360o white-label Technology-as-a-Service (TaaS) platform to enable our channel partners to deliver more services, more quickly and securely, so their customers can integrate IT fearlessly into their operations or lifestyles in ways they never imagined possible. For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io) , visit [www.ttgi.io](http://ttgi.io) or follow us on Twitter @turnium. # # # **Turnium Contact: ** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io). Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/), www.claratti.com   **CAUTIONARY NOTES ** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. **FORWARD-LOOKING INFORMATION** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Major UK Retail Chain Selects Turnium Partner SDWAN & SASE Solutions" url: "https://ttgi.io/major-uk-retail-chain-selects-turnium-partner-sdwan-sase-solutions/" lang: "en-US" type: "post" description: "October 21, 2024 – Vancouver, Canada – Turnium Technology Group Inc. are pleased to announce that SDWAN & SASE Solutions has won a long-term managed service contract to deploy their OMNIA platform to replace the legacy MPLS connectivity used by a major UK retail chain with more than 200 locations." last_modified: "2024-10-23T04:31:49+00:00" categories: [Press] --- # Major UK Retail Chain Selects Turnium Partner SDWAN & SASE Solutions --- --- title: "Turnium Technology Group to Present & Participate in 1×1 Meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in association with Small Cap Discoveries" url: "https://ttgi.io/ttgi-present-and-participate-planet-microcap-showcase-vancouver-2024/" lang: "en-US" type: "post" description: "VANCOUVER, CANADA / ACCESSWIRE / September 19, 2024 / Turnium Technology Group Inc. announced that it will be presenting and participating in 1x1 meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in association with Small Cap Discoveries on Wednesday, September 25, 2024 at 1:30PM (Local Time - PST)." last_modified: "2024-09-20T08:58:49+00:00" categories: [Press] --- # Turnium Technology Group to Present & Participate in 1×1 Meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in association with Small Cap Discoveries --- --- title: "Turnium Technology Group Inc. to be Featured on Radius Research’s Pitch, Deep Dive and Q&A Webinar" url: "https://ttgi.io/ttgi-radius-research-event/" lang: "en-US" type: "post" description: "September 9, 2024 – Vancouver, Canada – Turnium Technology Group Inc. is pleased to invite investors and other interested parties to attend an upcoming interview with Radius Research." last_modified: "2024-09-09T23:49:25+00:00" categories: [Press] --- # Turnium Technology Group Inc. to be Featured on Radius Research’s Pitch, Deep Dive and Q&A Webinar --- --- title: "Turnium Technology Group Partners with AllEdge to Expand its Footprint Across the Middle East and North African (MENA) region" url: "https://ttgi.io/ttgi-partners-with-alledge-to-expand-footprint-across-mena/" lang: "en-US" type: "post" description: "AllEdge to provide Turnium Network-as-a-Service and SASE solutions to its Digital Transformation Portfolio, Connecting its Customers, IoT Devices, Physical Security, and Cyber Security with Managed SD-WAN." last_modified: "2024-09-04T03:05:42+00:00" categories: [Press] --- # Turnium Technology Group Partners with AllEdge to Expand its Footprint Across the Middle East and North African (MENA) region --- --- title: "Turnium Technology Group Inc. Reports Fiscal Q3 2024 Financial Results" url: "https://ttgi.io/ttgi-reports-record-fiscal-q3-2024-financial-results/" lang: "en-US" type: "post" description: "August 29, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), an industry leader in cloud-native software-defined wide area networking solutions (SD-WAN), is pleased to announce its financial results for Fiscal Q3 2024. All financial information is provided in Canadian dollars unless otherwise indicated." last_modified: "2025-05-21T20:51:25+00:00" categories: [Press] --- # Turnium Technology Group Inc. Reports Fiscal Q3 2024 Financial Results #### [Download Q3 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_FS_Q3_2024_Final.pdf) #### [Download Q3 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_MDA_Q3_2024_Final.pdf)   **August 29, 2024 – Vancouver, Canada** – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“**Turnium**” or “**the Company**”), an industry leader in cloud-native software-defined wide area networking solutions (SD-WAN), is pleased to announce its financial results for Fiscal Q3 2024. All financial information is provided in Canadian dollars unless otherwise indicated. The Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the second quarter ended June 30, 2024, are available on the Company’s SEDAR profile at [www.sedar.com](http://www.sedar.com/). Ralph Garcea, Chair of Turnium commentated. “With the closing of the Claratti acquisition, we have embarked on our next phase of growth. We have effectively doubled in size, and with Doug’s leadership we believe we can continue growing as we expand our product portfolio and partner channel globally.” Doug Childress, CEO of Turnium stated, “In the third quarter of fiscal 2023, the Turnium team maintained a sharp focus on expense management, cost optimization, and strategic growth. We are thrilled to announce the acquisition of Claratti, which significantly strengthens our global customer base. This acquisition enables us to expand our reach, offering new, bundled products and services to a broader audience and across new geographies. To echo the Chair, our business has effectively doubled in size, we are technically even more advanced and we see substantial cross-selling opportunities ahead. We are confident in our abilities and believe we can generate $11-$14 million in revenue for fiscal 2025.” **Fiscal Third Quarter 2024 Highlights:** - **Revenue** in the third quarter was $1.35 million, compared to $1.47 million in the third quarter of 2023; - **Gross Margin** in the third quarter was $0.84 million, compared to $0.90 million in the third quarter of 2023; - **Total Expenses** in the third quarter decreased to $1.36 million, compared to $1.51 million in the third quarter of 2023; - **Net Loss** in the third quarter was ($0.37) million, compared to ($0.74) million in the third quarter of 2023; - **Adjusted EBITDA**(1) in the third quarter was ($0.20) million, compared to ($0.30) million in the third quarter of 2023; - **Number of Common Shares Outstanding (basic)** at the end of the third quarter 2024 was 107,968,303. **Fiscal Quarter Financial Highlights:** The Company’s key financial results for the three months ended June 30, 2024, are as follows: | Canadian Dollars | Q3 F2024 – For the three months ended June 30, 2024 | Q2 F2024 – For the three months ended March 31, 2024 | Q1 F2023 – For the three months ended December 31, 2023 | Q4 F2023 – For the three months ended September 30, 2023 | | --- | --- | --- | --- | --- | | Total revenue | 1,357,317 | 1,367,623 | 1,284,210 | 1,257,622 | | Gross margin | 849,670 | 990,252 | 890,182 | 871,459 | | Total Expenses | 1,363,395 | 1,365,759 | 1,495,940 | 2,217,763 | | Net comprehensive income (loss) | (378,989) | (403,245) | (624,842) | (1,662,592) | | Weighted average number of common shares outstanding | 107,968,303 | 104,605,243 | 104,605,243 | 90,370,451 | | --- | --- | --- | --- | --- | | Basic and diluted loss per common share | (0.00) | (0.00) | (0.01) | (0.02) | **_Special Notes:_** _It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives. Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year._ _There are no known trends or seasonal impacts on the Company’s business although seasonal trends may develop as the Company grows._ **Subsequent Highlights to the Fiscal Third Quarter:** **August 22, 2024** – Turnium announces closing of the acquisition of Claratti Pty Ltd (formerly, Claratti Limited) and also announces completion of its concurrent upsized non-brokered private placement of 11,139,303 units at a price of CAD $0.07 per unit for aggregate proceeds of approximately CAD$780,000. Number of Common Shares Outstanding (basic) following the Claratti acquisition and closing of the concurrent financing is 163,962,446. ([Link](https://www.newsfilecorp.com/release/220836/Turnium-Technology-Group-Inc.-Announces-Closing-of-Acquisition-of-Claratti-Pty-Ltd-Formerly-Claratti-Limited-and-Concurrent-NonBrokered-Private-Placement)) Effective the closing date of the acquisition, Derek Spratt and Peter Smyrniotis resigned as directors of the board, and Doug Childress and Craig Pentland were appointed to the board. “On behalf of the board, I would like to thank Derek and Peter for the energy, guidance and contributions they have made since we went public,” said Ralph Garcea, Chairman of the Board. **Subsequent Highlights to the Fiscal Third Quarter:** **June 24, 2024** – Turnium announces agreement with I Made It Inc. to provide business consulting and public relations services to the Company. ([Link](https://www.newsfilecorp.com/release/214225/Turnium-Partners-with-I-Made-It-in-Unique-Global-Coop-Program)) **June 10, 2024** – Turnium announces partnership with Mumbai-based 247 Networks Pvt. Ltd. to boost their business in India. First two wins include a 15,000-agent contact center and a 100-site warehouse network. ([Link](https://www.newsfilecorp.com/release/212366/Mumbais-247-Networks-to-Partner-with-Turnium-to-Expand-in-India)) **May 30, 2024** – Turnium announces it has entered into a definitive share purchase agreement with Claratti Limited (which will convert to Claratti Pty Ltd on 28 June 2024) ACN 642 169 337 (“Claratti”) and each of the securityholders of Claratti in connection with the proposed acquisition of 100% of the issued and outstanding ordinary shares in the capital of Claratti, which will result in Claratti becoming a wholly-owned subsidiary of Turnium. ([Link](https://www.newsfilecorp.com/release/211123/Turnium-Technology-Group-Inc.-Announces-Execution-of-Share-Purchase-Agreement-with-Claratti-Limited-and-NonBrokered-Private-Placement)) **May 17, 2024** – Turnium completes shares for debt transaction, settling outstanding debt to Manning Elliott LLP, by issuing 2,982,190 common shares at a deemed price of C$0.079 per Common Share. The Common Shares to be issued pursuant to the Shares-for-Debt Transaction are subject to a hold period of four (4) months and one (1) day from the date of issuance. ([Link](https://ttgi.io/turnium-completes-shares-for-debt-transaction/)) **May 08, 2024** – Turnium provides update regarding shares for debt transaction, announcing further to its news release dated March 6, 2024, the Company has amended its previously announced shares for debt transaction such that the Company will settle outstanding debt in the amounts of approximately C$345,500 (vs. C$600,000 previously announced) owing to certain directors and arm’s-length creditors of the Company, by issuing up to 4,935,710 common shares in the capital of the Company (vs. 8,567,857 shares previously announced) at a deemed price of C$0.07 per Common Share, to the creditors. The Board of Directors has determined that it is in the best interests of the Company to settle the outstanding debt by the issuance of Common Shares in order to preserve the Company’s cash for ongoing operations. ([Link](https://ttgi.io/turnium-provides-update-regarding-shares-for-debt-transaction/)) (1)**Non-IFRS Financial Measures – Adjusted EBITDA** This MD&A references adjusted EBITDA, which is a non-IFRS financial measure. Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS financial measures to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors, and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income (loss) before tax excluding depreciation and amortization expense, share based expense, gain/loss on change on fair value of derivatives, loss on debt settlement, government grants, foreign exchange gain/loss, interest and accretion and SRED refund. Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company’s operations. The following table shows a reconciliation of adjusted EBITDA to net income (loss) before tax, the most comparable IFRS financial measure, for the three and nine months ended June 30, 2024 and 2023: | Canadian Dollars | 9 Months ended June 30, 2024 | 9 Months ended June 30, 2023 | 3 Months ended June 30, 2024 | 3 Months ended June 30, 2023 | | --- | --- | --- | --- | --- | | Loss before tax | (1,407,076) | (2,346,018) | (378,989) | (745,223) | | Amortization | 42,865 | 46,288 | 14,288 | 15,648 | | Amortization of right-of-use assets | 119,957 | 109,425 | 38,133 | 36,474 | | Share-based compensation | 622,744 | 770,737 | 145,881 | 245,539 | | Gain/Loss on change in FV of derivative | (5,676) | (223,974) | (8) | 66,065 | | Loss on debt settlement | (128,371) | – | (155,376) | – | | Government Grant | (32,056) | – | – | – | | Foreign exchange gain (loss) | (57,028) | (69,768) | (23,162) | (17,528) | | Interest and accretion expense | 135,217 | 326,906 | 43,810 | 100,870 | | SRED refund | – | (152,575) | – | – | | M&A related one-time transaction costs | 223,410 | – | 114,454 | – | | Adjusted EDITDA | (486,014) | (1,538,979) | (200,969) | (298,155) | | --- | --- | --- | --- | --- | **About Turnium Technology Group Inc.** We make internet connections more secure and reliable for businesses. Our proprietary software-defined wide area networking (SD-WAN) platform is used to deliver highly reliable and secure connections using standard internet, wireless, or low-earth orbit satellite services for maintaining uninterrupted internet connectivity. Compared to other options, our SD-WAN solution is easier to manage, more flexible and faster to deploy, and more cost-effective than virtual private network (VPN) solutions or the services offered by traditional telecommunication carriers. Turnium delivers its SD-WAN solution as a white label, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://ttgi.io/), or follow us on Twitter @turnium.   **_About SD-WAN_** SD-WAN is revolutionizing the networking and telecommunications industry by abstracting secure, high-speed networking and network control from underlying physical circuits. SD-WAN frees enterprises, small and medium businesses, cloud and managed services providers from the business and cost constraints imposed by traditional telecommunications companies.   # # #   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io). Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/)   **CAUTIONARY NOTES ** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.   **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Inc. Announces Closing of Acquisition of Claratti Pty Ltd (Formerly, Claratti Limited) and Concurrent Non-brokered Private Placement" url: "https://ttgi.io/announces-closing-of-claratti-acquisition-and-concurrent-financing/" lang: "en-US" type: "post" description: "August 22, 2024 – Vancouver, Canada – Turnium Technology Group Inc. announces that it has completed its acquisition of 100% of the issued and outstanding securities of Claratti Pty Ltd (formerly, Claratti Limited)." last_modified: "2024-08-23T01:24:30+00:00" categories: [Press] --- # Turnium Technology Group Inc. Announces Closing of Acquisition of Claratti Pty Ltd (Formerly, Claratti Limited) and Concurrent Non-brokered Private Placement _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_ **August 22, 2024 – Vancouver, Canada** – Turnium Technology Group Inc. (TSX.V: TTGI; FSE:E48) (“**Turnium**” or the “**Company**”), an industry leader in software-defined wide area networking (SD-WAN) solutions, further to its news releases dated February 28, 2024 and May 30, 2024, announces that it has completed its acquisition (the “**Acquisition**”) of 100% of the issued and outstanding securities of Claratti Pty Ltd (formerly, Claratti Limited) (“**Claratti**”). The Acquisition was completed pursuant to a definitive share purchase agreement dated May 30, 2024 (the “**Share Purchase Agreement**”) with Claratti and each of the securityholders of Claratti (the “**Vendors**”). Certain non-material terms of the Share Purchase Agreement were amended pursuant to an amending agreement between the Company and Claratti dated July 26, 2024 and a second amending agreement between the Company and Claratti dated as of August 22, 2024. As a result of the Acquisition, Claratti is now a wholly owned subsidiary of Turnium. In connection with the Acquisition, the Company has issued to the Vendors 40,000,000 Class A Common shares in the capital of the Company (“**Consideration Shares**”) at a deemed price of CAD$0.15 per Consideration Share. The Consideration Shares are subject to a four-month hold period under applicable securities laws expiring on December 23, 2024, along with a contractual resale restriction (the “**Contractual Hold Period**”), such that: - 25% of the issuable Consideration Shares are not subject to the Contractual Hold Period as of the completion of the Acquisition; - 25% of the issuable Consideration Shares will be released from the Contractual Hold Period on the February 22, 2025; - 25% of the issuable Consideration Shares will be released from the Contractual Hold Period on August 22, 2025; and - the final 25% of the issuable Consideration Shares will be released from the Contractual Hold Period on February 22, 2026. The Consideration Shares issued to certain Vendors who will become directors, officers or shareholders holding 10% or more of the issued and outstanding shares of the Company on a post-Acquisition basis will be subject to the TSX Venture Exchange’s (the “**Exchange**”) Exchange Hold Period, which will expire on December 23, 2024. Douglas Childress, who will become CEO of the Company post closing of the transaction, has also pledged all of his right, title and interest in and to 13,918,284 Consideration Shares beneficially owned by him to secure the payment and performance of Claratti in connection with certain outstanding debt of Claratti and Douglas Childress’ holding company in the aggregate principal amount of AUD$3,545,000. In addition to the Consideration Shares, the Vendors may be issued additional Class A Common shares in the capital of Turnium with an aggregate deemed value of up to CAD$4.0 million upon the achievement of certain EBITDA projections, as more particularly described in the Company’s news release dated May 30, 2024. As a result of the Acquisition and the completion of the Concurrent Private Placement (as defined below), the Vendors now own an aggregate of approximately 24.40% of the issued and outstanding Class A Common shares of Turnium (the “**Common Shares**”). No new 10% holders of the Common Shares have been created pursuant to the Acquisition; however, in the event that the earnout payments under the Share Purchase Agreement are achieved, Doug Childress, who currently owns 15,175,830 Common Shares and may own up to 25,267,757 Common Shares upon full payment under the earnout, and Chuck Bartle, who currently owns 11,910,368 Common Shares and may own up to 19,830,764 Common Shares upon full payment under the earnout, may each become owners of 10% or more of the issued and outstanding Common Shares. The Company’s Board of Directors is now constituted of Doug Childress (Claratti nominee), Craig Pentland (Claratti nominee), Ralph Garcea (previous director of Turnium), Johan Arnet (previous director of Turnium), Erin Campbell (previous director of Turnium) and Jim Lovie (previous director of Turnium). The new senior management team of Turnium is comprised of Doug Childress (Chief Executive Officer) and Konstantin Lichtenwald (Chief Financial Officer). For additional details regarding the new directors and senior management team of the Company, please refer to the section titled “Proposed Directors and Senior Management Team” in the Company’s news release dated May 30, 2024. Turnium is continuing as a Tier 2 Technology Issuer on the Exchange. **Concurrent Private Placement** The Company also announces that it has completed its previously announced upsized non-brokered private placement (the “**Concurrent Private Placement**”) of 11,139,303 units (each a “**Unit**”) at a price of CAD $0.07 per Unit for aggregate proceeds of approximately CAD$780,000. Each Unit is comprised of one common share of the Company (a “**Unit Share**”) and one-half of one common share purchase warrant (a “**Warrant**”). Each whole Warrant is exercisable into one common share in the capital of the Company at an exercise price of CAD$0.105 per share (the “**Exercise Price**”) until August 22, 2026 (the “**Expiry Date**”). In connection with the Concurrent Private Placement, the Company paid certain arm’s length finders a cash commission in the aggregate amount of CAD$23,170 and issued an aggregate of 331,000 non-transferrable finder’s warrants of the Company exercisable at any time prior to the Expiry Date, with each such finder’s warrant entitling the holder thereof to purchase one Common Share, at an exercise price equal to the Exercise Price, subject to adjustment in certain events. The securities issued pursuant to the Concurrent Private Placement are subject to a hold period under applicable securities laws, which will expire on December 23, 2024. The net proceeds of the Concurrent Private Placement have been allocated towards expenses related to the Acquisition and working capital requirements for the six-month period after the Acquisition. **TSX Venture Exchange Acceptance** The Exchange has conditionally accepted the Acquisition and the Concurrent Financing. The Acquisition and the Concurrent Financing remain subject to the final acceptance of the Exchange. **About Turnium Technology Group Inc.** Turnium is a public, Exchange-listed company, which was incorporated on October 17, 2017 pursuant to the laws of the Province of British Columbia. We make internet connections more secure and reliable for businesses. Our proprietary software-defined wide area networking (SD-WAN) platform is used to deliver highly reliable and secure connections using standard internet, wireless, or low-earth orbit satellite services for maintaining uninterrupted internet connectivity. Compared to other options, our SD-WAN solution is easier to manage, more flexible and faster to deploy, and more cost-effective than virtual private network (VPN) solutions or the services offered by traditional telecommunication carriers. Turnium delivers its SD-WAN solution as a white label, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. **About Claratti** Claratti is an Australian unlisted public company (which converted to private company on June 28, 2024) registered in Western Australia since June 29, 2020. Claratti (through its wholly owned subsidiary, Intelligent IP Hosting Pty Ltd) is an Australian Communications and Media Authority (ACMA) licensed telecommunications carrier (#485), ISO27001:2013 (Certificate # 4294-16961-01) accredited provider of telecommunications services and managed IT and cybersecurity solutions for SMB and enterprise level customers. Claratti sells its products and services across Australia via direct client sales, referrals, wholesale partners and through white labelled offerings. The business of Claratti began its life as Intelligent IP Hosting Pty Ltd 619 361 018 (“**Intelligent IP**”) on May 26, 2017 when it was co-founded by Mr. Doug Childress and Mr. Chuck Bartle. On June 30, 2020, Intelligent IP became a wholly owned subsidiary of Claratti as part of the group’s “top-hat” restructure. The vision behind Claratti was to build a platform-style offering where Technology as a Service (TaaS) could be sourced from a single vendor, thus bridging the dispirit technical gaps between telecommunications, Internet Service Providers, Hardware, Software, and Consulting product and service providers. Step forward to 2024, where Claratti have established its self as a Tier 3 National carrier’s network, Private cloud services, voice, video, managed services, managed security and 24×7 global Network, IT and Security Operations Centre. The business of Claratti began its life as Intelligent IP Hosting Pty Ltd 619 361 018 (“Intelligent IP”) on May 26, 2017 when it was co-founded by Mr. Doug Childress and Mr. Chuck Bartle. On June 30, 2020, Intelligent IP became a wholly owned subsidiary of Claratti as part of the group’s “top hat” restructure. The vision behind Claratti was to build a platform-style Technology-as-a-Service (TaaS) that could be sourced from a single vendor, thus bridging the disparate technical gaps between telecommunications, Internet Service Providers, Hardware, Software, and Consulting product and service providers. Step forward to 2024, where Claratti has established itself as a Tier 3 National carrier’s network, providing private cloud services, voice, video, managed services, managed security and a 24×7 global Network, IT and Security Operations Centre (NOC/SOC).   # # #   **Turnium Contact:** Chairman: Ralph Garcea, Email: [rgarcea@ttgi.io](mailto:rgarcea@ttgi.io), Telephone: +1 416-304-9125 Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io). Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/)   **CAUTIONARY NOTES ** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._ --- --- title: "Turnium Technology Group Inc. Announces Further Upsized Non-brokered Private Placement" url: "https://ttgi.io/turnium-technology-group-inc-announces-further-upsized-non-brokered-private-placement/" lang: "en-US" type: "post" description: "July 10, 2024 – Vancouver, Canada – Turnium Technology Group Inc. announces that, the Company has increased its previously announced non-brokered private placement of units at a price of CAD $0.07 per Unit such that an aggregate of up to 11,139,303 Units (previously upsized from 8,214,285 Units to 10,214,285 Units) may be issued for aggregate proceeds of up to CAD$780,000 (previously upsized from CAD$575,000 to CAD$715,000)." last_modified: "2024-07-10T21:18:38+00:00" categories: [Press] --- # Turnium Technology Group Inc. Announces Further Upsized Non-brokered Private Placement --- --- title: "Turnium Technology Group Inc. Announces Upsized Non-brokered Private Placement" url: "https://ttgi.io/turnium-technology-group-inc-announces-upsized-non-brokered-private-placement/" lang: "en-US" type: "post" description: "July 8, 2024 – Vancouver, Canada – Turnium Technology Group Inc. announces that, the Company has increased its previously announced non-brokered private placement of units at a price of CAD$0.07 per Unit such that an aggregate of up to 10,214,285 Units (previously up to 8,214,285 Units) may be issued for aggregate proceeds of up to CAD$715,000 (previously CAD$575,000)." last_modified: "2024-07-10T21:20:09+00:00" categories: [Press] --- # Turnium Technology Group Inc. Announces Upsized Non-brokered Private Placement --- --- title: "Turnium Partners with I Made It in Unique Global Co-op Program" url: "https://ttgi.io/turnium-partners-with-i-made-it-in-unique-global-co-op-program/" lang: "en-US" type: "post" description: "June 24, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), announces that effective June 19, 2024, the Company entered into an agreement with I Made It Inc. to provide business consulting and public relations services to the Company." last_modified: "2024-06-25T19:28:36+00:00" categories: [Press] --- # Turnium Partners with I Made It in Unique Global Co-op Program --- --- title: "Mumbai’s 247 Networks to Partner with Turnium to Expand in India" url: "https://ttgi.io/mumbai-247-networks-partner-with-turnium-to-expand-in-india/" lang: "en-US" type: "post" description: "June 10, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), has partnered with Mumbai-based 247 Networks Pvt. Ltd. to boost their business in India." last_modified: "2024-06-25T19:29:38+00:00" categories: [Press] --- # Mumbai’s 247 Networks to Partner with Turnium to Expand in India --- --- title: "Turnium Technology Group Inc. Announces Execution of Share Purchase Agreement With Claratti Limited And Non-brokered Private Placement" url: "https://ttgi.io/announces-execution-of-share-purchase-agreement-with-claratti-limited/" lang: "en-US" type: "post" description: "May 30, 2024 – Vancouver, Canada – Turnium Technology Group Inc. further to its news release dated February 28, 2024, announces that it has entered into a definitive share purchase agreement dated May 30, 2024 with Claratti Limited." last_modified: "2024-08-23T00:57:53+00:00" categories: [Press] --- # Turnium Technology Group Inc. Announces Execution of Share Purchase Agreement With Claratti Limited And Non-brokered Private Placement _NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES_ **May 30, 2024 – Vancouver, Canada** – Turnium Technology Group Inc. (TSX.V: TTGI; FSE:E48) (“**Turnium**” or the “**Company**”), an industry leader in cloud-native software-defined wide area networking solutions (SD-WAN), further to its news release dated February 28, 2024, announces that it has entered into a definitive share purchase agreement dated May 30, 2024 (the “**Share Purchase Agreement**”) with Claratti Limited (which will convert to Claratti Pty Ltd on 28 June 2024) ACN 642 169 337 (“**Claratti**”) and each of the securityholders of Claratti (the “**Vendors**”) in connection with the proposed acquisition of 100% of the issued and outstanding ordinary shares (the “**Claratti Shares**”) in the capital of Claratti, which will result in Claratti becoming a wholly-owned subsidiary of Turnium (the “**Acquisition**”). Pursuant to the Share Purchase Agreement, the Company will acquire 100% of the issued and outstanding Claratti Shares in exchange for: - a closing purchase price of CAD$6.0 million, payable through the issuance of Class A Common shares in the capital of the Company (“**Turnium Shares**”) at a deemed price of CAD$0.15 per Turnium Share, being a total of 40,000,000 Turnium Shares; and - potential earn-out payments of up to CAD$4.0 million, payable through the issuance of up to 26,666,666 Turnium Shares if certain EBITDA thresholds are achieved in fiscal 2025 and in fiscal 2026 (the “**Earn-Out Payments**”). The Turnium Shares issuable to the Vendors in connection with the Acquisition, including Turnium Shares issuable in connection with the Earn-Out Payments, will be subject to a contractual resale restriction (the “**Contractual Hold Period**”), such that: - 25% of the issuable Turnium Shares will not be subject to the Contractual Hold Period on the date of issuance thereof (the “**Issue Date**”); - 25% of the issuable Turnium Shares will be released from the Contractual Hold Period on the date which is 6 months from the Issue Date; - 25% of the issuable Turnium Shares will be released from the Contractual Hold Period on the date which is 12 months from the Issue Date; and - the final 25% of the issuable Turnium Shares will be released from the Contractual Hold Period on the date which is 18 months from the Issue Date. The Earn-Out Payments are contingent on the Company achieving the following EBITDA projections (which requires all current and future entities to have positive EBITDA): - upon achievement of an EBITDA of CAD$1 million for the 2025 fiscal year, an Earnout Payment of CAD$1 million payable through the issuance of up to 6,666,666 Turnium Shares; and - upon achievement of an EBITDA of CAD$3 million for the 2026 fiscal year, an Earnout Payment of CAD$3 million payable through the issuance of up to 20,000,000 Turnium Shares. The Turnium Shares issuable in connection with the Earn-Out Payments will be issued at a deemed price equal to the higher of: (i) CAD$0.15; and (ii) the maximum Discounted Market Price (as such term is defined in the policies of the TSX Venture Exchange (the “**Exchange**”) of the Turnium Shares at closing on the date prior to the issuance the applicable Turnium Shares. The same Contractual Hold Period will apply to the Earn-Out Payments. The Turnium Shares issued to the Vendors pursuant to the Acquisition will be subject to: (i) a hold period under applicable securities laws, which will expire four months plus one day from the date of closing of the Acquisition; and (ii) in the case of Vendors who will become directors, officers or shareholders holding 10% or more of the issued and outstanding shares of the Company on a post-Acquisition basis, be subject to the Exchange Hold Period, which will expire four months plus one day from the date of closing of the Acquisition. Upon completion of the Acquisition, Claratti will become a wholly-owned subsidiary of Turnium, and the Vendors will own approximately 24.84% of the issued and outstanding common shares of Turnium, assuming the Offering (as defined below) is fully subscribed for. Upon the closing of the Acquisition, it is anticipated that Doug Childress, Craig Pentland, Ralph Garcea, Johan Arnet, Erin Campbell and Jim Lovie will constitute the Board of Directors of the Turnium. It is also anticipated that the new senior management team of Turnium will be comprised of Doug Childress (Chief Executive Officer) and Konstantin Lichtenwald (Chief Financial Officer). The Company anticipates that completion of the Acquisition will effectively double the size of the Company on a consolidated basis, which is expected to provide a larger base from which to cross-sell revenue and seek further acquisitions for growth. Completion of the proposed Acquisition is subject to, among other things, receipt of all necessary regulatory and shareholder approvals, including the approval of the Exchange. As the proposed Acquisition is not a “Non-Arm’s Length Transaction” (within the meaning of Policy 2.4 of the Exchange), the Acquisition does not require approval of the shareholders of Turnium. **The Share Purchase Agreement** Pursuant to the Share Purchase Agreement, certain conditions precedent must be met prior to the closing of the Acquisition, including, but not limited to: (a) acceptance by the Exchange, and receipt of other applicable regulatory approvals; (b) no material adverse change in the business, affairs, financial condition or operations of Claratti or Turnium having occurred between the date of entering into the Share Purchase Agreement and the closing date of the Acquisition; (c) the Company being satisfied with its due diligence review of Claratti; (d) Claratti having sufficient working capital to operate the business consistent with past practice for a period of twelve (12) months from closing and a maximum of CAD$2,500,000 in debt; (e) Claratti causing all outstanding options, warrants and securities exercisable or convertible into shares of Claratti to be exercised or converted, as applicable, into Claratti Shares to be purchased by Turnium pursuant to the Share Purchase Agreement; (f) termination of Claratti’s existing shareholders’ agreement; (g) entry into an executive employment agreement with Doug Childress in connection with his appointment as CEO of the Company; and (h) other customary closing conditions for a transaction of this nature. There can be no assurance that the Acquisition will be completed as proposed or at all. The Acquisition will not constitute a Non-Arm’s Length Transaction (as such term is defined in the policies of the Exchange). No person which is a Non-Arm’s Length Party (as such term is defined in the policies of the Exchange) of Turnium has any direct or indirect beneficial interest in Claratti or its assets prior to giving effect to the Acquisition and no such person is an insider of Claratti. Similarly, there is no known relationship between or among any person which is a Non-Arm’s Length Party of Turnium and any person who or which is a Non-Arm’s Length Party to Claratti. Upon completion of the Acquisition, it is expected that Turnium will be a Tier 2 Technology Issuer on the Exchange. **Non-Brokered Private Placement** The Company also announces that it intends to complete a non-brokered private placement (the “**Offering**”) of up to 8,214,285 units (each a “**Unit**”) at a price of CAD $0.07 per Unit for aggregate proceeds of up to CAD$575,000. Each Unit will consist of one common share of the Company (a “**Unit Share**”) and one-half of one common share purchase warrant (a “**Warrant**”). Each whole Warrant will be exercisable into one common share in the capital of the Company at an exercise price of $0.105 per share for a period of two years from the date of issuance. In connection with the Offering, the Company may pay finder’s fees of up to 7% in cash or securities or a combination of both to eligible finders, as permitted by the policies of the Exchange. Insiders of the Company may participate in the Offering, however no such participation has been confirmed as of the date of this press release. The securities issued pursuant to the Offering will be subject to a hold period under applicable securities laws, which will expire four months plus one day from the date of closing of the Offering. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including approval of the Exchange. The Offering is anticipated to be completed on or around June 14, 2024. The net proceeds of the Offering will be allocated towards expenses related to the Acquisition and working capital requirements for the six-month period after the Acquisition. **About Turnium Technology Group Inc.** Turnium is a public, Exchange-listed company, which was incorporated on October 17, 2017 pursuant to the laws of the Province of British Columbia. We make internet connections more secure and reliable for businesses. Our proprietary software-defined wide area networking (SD-WAN) platform is used to deliver highly reliable and secure connections using standard internet, wireless, or low-earth orbit satellite services for maintaining uninterrupted internet connectivity. Compared to other options, our SD-WAN solution is easier to manage, more flexible and faster to deploy, and more cost-effective than virtual private network (VPN) solutions or the services offered by traditional telecommunication carriers. Turnium delivers its SD-WAN solution as a white label, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. **About Claratti** Claratti is an Australian unlisted public company (which will convert to private company on June 28, 2024) registered in Western Australia since June 29, 2020. Claratti is an Australian Communications and Media Authority (ACMA) licensed telecommunications carrier (#485), ISO27001:2019 accredited provider of telecommunications services and managed IT and cybersecurity solutions for SMB and enterprise level customers. Claratti sells its products and services across Australia via direct client sales, referrals, wholesale partners and through white labelled offerings. The business of Claratti began its life as Intelligent IP Hosting Pty Ltd 619 361 018 (“**Intelligent IP**”) on May 26, 2017 when it was co-founded by Mr. Doug Childress and Mr. Chuck Bartle. On June 30, 2020, Intelligent IP became a wholly owned subsidiary of Claratti as part of the group’s “top-hat” restructure. The vision behind Claratti was to build a platform-style offering where Technology as a Service (TaaS) could be sourced from a single vendor, thus bridging the dispirit technical gaps between telecommunications, Internet Service Providers, Hardware, Software, and Consulting product and service providers. Step forward to 2024, where Claratti have established its self as a Tier 3 National carrier’s network, Private cloud services, voice, video, managed services, managed security and 24×7 global Network, IT and Security Operations Centre. On an unaudited basis, for the trailing twelve months, Claratti generated AUD$4.96M in revenue with an EBITDA of (AUD$581K). As of immediately prior to closing of the Acquisition, there will be 21,435,085 Claratti Shares outstanding. The following persons own, control or direct 10% or more of the outstanding Claratti Shares immediately prior to closing of the Acquisition: | Name | Number of Claratti Shares | Percentage of Outstanding Claratti Shares | | --- | --- | --- | | Doug Childress | 8,533,998 | 39.81% | | Chuck Bartle | 6,382,494 | 29.78% | Following closing of the Acquisition, Doug Childress and Chuck Bartle are expected to own the following Turnium Shares: | Name | Number of Turnium Shares | Percentage of Outstanding Turnium Shares, post-Acquisition(1) | | --- | --- | --- | | Doug Childress | 15,925,288 (25,815,604 including Earnout Shares) | 9.89% (13.75% including Earnout Shares) | | Chuck Bartle | 11,910,368 (20,530,763 including Earnout Shares) | 7.40% (10.94% including Earnout Shares) | **_Notes:_** (1)_Assuming the Offering is fully subscribed for._ **Doug Childress:** Current CEO and Director of Claratti See the biography for Doug Childress under the heading “_Proposed Directors and Senior Management Team_”. **Chuck Bartle:** Director of Claratti Chuck Bartle is an experienced company director with over 26 years’ experience within the mining and technology sectors. Mr. Bartle is currently a director of: Taplan Pty Ltd (appointed 23 January 1996); Beta Investments (1993); Pty Ltd (appointed 27 June 1996); Intelligent IP Hosting Pty Ltd (appointed 26 May 2017); Mining Projects Management Group Pty Ltd (appointed 22 May 2017); and Design Works Pty Ltd (appointed 23 April 1996). Mr. Bartle was previously a director of Intelligent IP Communications Pty Ltd (appointed 1 September 2006, resigned 13 September 2013) and Margosa Graphite Ltd. He has not held any other listed directorships in the past three years. **Proposed Directors and Senior Management Team** The following are brief resumes of the currently proposed directors and officers of Turnium following the Acquisition: _Doug Childress, CEO and Director (Current CEO and Director of Claratti)_ Doug Childress is an experienced company director with over 37 years’ experience as an IT & Telecommunications specialist, having spent his past 26 years as Chairman and Chief Executive Officer. Mr. Childress is currently a director of Intelligent IP Hosting Pty Ltd (appointed 17 May 2017). Mr. Childress was previously a director of Intelligent IP Communications Pty Ltd (appointed 1 September 2005). He has not held any other listed directorships in the past three years. _Konstantin Lichtenwald, CFO (Current CFO of the Company)_ Konstantin Lichtenwald has over 16 years of finance and accounting experience, including corporate compliance, accounting and financial management, initial public offerings and reverse takeovers, providing corporate finance, financial reporting, consulting and other accounting services to both small businesses as well as public companies. _Craig Pentland: Non-Executive Director (Current Director and Secretary of Claratti)_ Craig Pentland is an experienced company director with over 25 years’ experience working within the Public accounting industry. He is a Chartered Accountant, Certified Practicing Accountant, Chartered Tax Adviser and holds an MBA. Mr. Pentland is currently a director of SLS Advisory, a boutique chartered accounting practice (appointed 10 May 2011). Mr. Pentland is a director of Margosa Graphite Ltd, a publicly unlisted graphite resource company and CGS Australia Ltd, a publicly unlisted silica quartz resource company. He has not held any other listed directorships in the past three years. _Ralph Garcea: Non-Executive Director (Current Chairman and Director of the Company)_ Ralph Garcea co-founded Focus Merchant Group in September 2018 and has more than 22 year’s experience in senior positions at major domestic, international, and boutique investment firms. He was a top-ranked research analyst, well regarded for the depth and breadth of knowledge of Canadian technology, gaming and industrial companies across a broad range of market capitalizations. Over the years, he has received top three rankings from Brendan Woods, Greenwich, Starmine and Thomson Reuters surveys. Before becoming a sell-side analyst, Ralph was a research engineer for Bombardier Aerospace, and a business unit manager for Michigan-based LMS North America, managing sales, marketing, and services. He holds a Bachelor’s degree (Honours) in Engineering Science (Aerospace) from the University of Toronto and an M.B.A. (Honours) from the Schulich School of Business at York University. Ralph is a member of the Professional Engineers of Ontario (PEO), the American Institute of Aeronautics and Astronautics (AIAA), and the Society of Automotive Engineers (SAE). He currently serves as a Director on the board of TSX-listed Converge Technology Solutions, TSXV-listed Edgewater Wireless Systems, and TSX-V listed Spitfyre Capital. _Johan Arnet: Executive Director (current Director and Founder of the Company)_ Johan Arnet has founded and grown six IT, internet, and telecom companies since 1995. He began developing the proprietary software that is now Turnium’s SD-WAN platform in 2009. After studying Computer Science at Simon Fraser University he left to become an entrepreneur and continue the IT Consulting work that he had started in high school. In 1999, he received the Young Entrepreneur of the Year Award from the Business Development Bank of Canada (BDC). In 2009, Johan also started Rocket Networks, an Internet Service Provider business, and sold it to TeliPhone Navigata in 2014. _Erin Campbell: Non-Executive Director (Current Director of the Company)_ Erin Campbell, ICD.D has over 25 years as an entrepreneur and business advisor experience with board and corporate governance in growth and rapidly evolving technology and industrial companies. Erin has led financing, corporate transactions, re-structuring, M&A for private and public companies operating in Canada and US. Erin is the founding partner of Moneta Partners, an organization providing capital markets and corporate finance advisory services. _Jim Lovie: Non-Executive Director (Current Director of the Company)_ Jim Lovie has over 30 years of experience in the technology and communications sectors. He has held senior executive roles with Xerox, Bell Canada, and most recently, with Rogers Communications. Jim’s expertise in Sales, Service and Distribution have allowed him to support the growth of these corporations. Jim is very community minded and has participated on the board of Southlake Regional Hospital for 12 years and was the Chair of the Southlake Foundation. **Further Information** **Turnium will provide further details in respect of the Acquisition in due course by way of a subsequent news release, however, Turnium will make available to the Exchange all information, including financial information, as may be requested or required by the Exchange.** All information contained in this news release with respect to Turnium and Claratti was supplied by the respective party, for inclusion herein, without independent review by the other party, and each party and its directors and officers have relied on the other party for any information concerning the other party. Completion of the Acquisition is subject to a number of conditions, including but not limited to, Exchange acceptance. There can be no assurance that the Acquisition will be completed as proposed or at all. Investors are cautioned that, except as disclosed in any disclosure document of Turnium required to be prepared in connection with the Acquisition, any information released or received with respect to the Acquisition may not be accurate or complete and should not be relied upon. Trading in the securities of Turnium should be considered highly speculative. The Exchange has not in any way passed upon the merits of the proposed Acquisition and has neither approved nor disapproved the contents of this news release. **_The securities have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful._**   # # #   **Turnium Contact:** Chairman: Ralph Garcea, Email: [rgarcea@ttgi.io](mailto:rgarcea@ttgi.io), Telephone: +1 416-304-9125 Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io). Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/)   **CAUTIONARY NOTES ** _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release._   **Forward-Looking Information ** Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the terms and conditions of the Acquisition and the Offering, including receipt of necessary regulatory and shareholder approval; the anticipated directors, officers and insiders of Turnium upon completion of the Acquisition; the closing of the Acquisition and the Offering; Claratti’s products and ability to create increased shareholder value; and forthcoming news releases and other disclosure. Often, but not always, forward-looking statements or information can be identified by the use of words such as “anticipate”, “believe”, “continue”, “expect”, “intend”, “may” or “will” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. With respect to forward-looking statements and information contained herein, Turnium and Claratti have made numerous assumptions including among other things, assumptions about general business and economic conditions of Claratti and the market in which it operates. The foregoing list of assumptions is not exhaustive. Although management of Turnium and Claratti believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks relating to the receipt of all requisite shareholder and regulatory approvals for the Acquisition and the Offering; changes in interest and currency exchange rates; risks relating to unanticipated operational difficulties; changes in general economic conditions or conditions in the financial markets; changes in laws; the ability to obtain financing as required; and other risk factors as detailed from time to time in Turnium’s Management Discussion and Analysis dated February 28, 2024 and other documents available under Turnium’s profile at www.sedarplus.ca. Turnium and Claratti do not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Inc. Reports 15% YoY Revenue Growth in Fiscal Q2 2024 Financial Results" url: "https://ttgi.io/ttgi-reports-record-fiscal-q2-2024-financial-results/" lang: "en-US" type: "post" description: "May 29, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), an industry leader in cloud native SD-WAN, focused on improving application performance for enterprises with safe and secure multi-site connectivity without the burden of expensive dedicated bandwidth and hardware, announces its financial results for Fiscal Q2 2024." last_modified: "2025-05-21T20:57:06+00:00" categories: [Press] --- # Turnium Technology Group Inc. Reports 15% YoY Revenue Growth in Fiscal Q2 2024 Financial Results #### [Download Q2 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_FS_Q2_2024_Final.pdf) #### [Download Q2 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_MDA_Q2_2024_Final.pdf)   **_Turnium well positioned to achieve cashflow positive goal in fiscal 2024_** **May 29, 2024 – Vancouver, Canada** – Turnium Technology Group Inc. (**TSX.V: TTGI**) (**FSE: E48**) (“**Turnium**” or “**the Company**”), an industry leader in cloud native SD-WAN, focused on improving application performance for enterprises with safe and secure multi-site connectivity without the burden of expensive dedicated bandwidth and hardware, announces its financial results for Fiscal Q2 2024. All financial information is provided in Canadian dollars unless otherwise indicated. Ralph Garcea, Chairman of Turnium commented, “I am pleased to report that Turnium is well positioned to meet its goal of being cashflow positive in fiscal 2024. We continue to expand our business organically by adding new global channel partners and increasing our monthly recurring revenue (MRR). Complementing our organic growth efforts with accretive acquisitions has also taken a high priority; and we continue to progress in our efforts on the M&A front, especially with respect to our anticipated entry into a Definitive Agreement with respect to the acquisition of Claratti Limited. In addition, the Turnium team negotiated and settled numerous shares-for-debt transactions, preserving capital and more importantly cleaning up our balance sheet of legacy account payables.” The Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the second fiscal quarter ended March 31, 2024, are available on the Company’s SEDAR profile at [www.sedar.com](http://www.sedar.com/). **Fiscal Second Quarter 2024 Highlights:** - **Revenue** increased to $1.37M, up 7.0% compared to $1.28M QoQ and up 15.1% compared to $1.19M YoY; - **Gross Margin** increased to $0.99M, compared to $0.89M QoQ and $0.88M YoY; - **Total Expenses** decreased to $1.37M, compared to $1.50M QoQ and $2.08M YoY; - **Net Loss** decreased to ($0.40M), compared to ($0.62M) QoQ and ($1.20M) YoY; - **Adjusted EBITDA**(1) decreased to ($0.04M), compared to ($0.35M) QoQ and ($0.98M) YoY; - **Number of Common Shares Outstanding (basic)** at the end of the second quarter 2024 were 104,605,243. Current shares outstanding, as of May 29, 2024 are 112,823,143. **Fiscal Quarter Financial Highlights:** The Company’s key financial results for the three months ended March 31, 2024, are as follows: | Canadian Dollars | Q2 F2024- For the three months ended March 31, 2023 | Q1 F2024- For the three months ended December 31, 2023 | Q4 F2023- For the three months ended September 30, 2023 | Q3 F2023- For the three months ended June 30, 2023 | | --- | --- | --- | --- | --- | | Total revenue | 1,367,623 | 1,284,210 | 1,257,622 | 1,476,342 | | Gross margin | 990,252 | 890,182 | 873,459 | 916,845 | | Total Expenses | 1,365,759 | 1,495,940 | 2,217,763 | 1,512,661 | | Net comprehensive income (loss) | (403,245) | (624,842) | (1,662,592) | (745,223) | | Weighted average number of common shares outstanding | 104,605,243 | 104,605,243 | 90,370,451 | 68,935,614 | | --- | --- | --- | --- | --- | | Basic and diluted loss per common share | (0.00) | (0.01) | (0.02) | (0.01) | **_Special Notes:_** _It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives. Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year._ _There are no known trends or seasonal impacts on the Company’s business although seasonal trends may develop as the Company grows._ **Subsequent Highlights to the Fiscal Second Quarter:** **May 17, 2024** – Turnium completes shares for debt transaction, settling outstanding debt to Manning Elliott LLP, by issuing 2,982,190 common shares at a deemed price of C$0.079 per Common Share. The Common Shares to be issued pursuant to the Shares-for-Debt Transaction are subject to a hold period of four (4) months and one (1) day from the date of issuance. ([Link](https://ttgi.io/turnium-completes-shares-for-debt-transaction/)) **May 08, 2024** – Turnium provides update regarding shares for debt transaction, announcing further to its news release dated March 6, 2024, the Company has amended its previously announced shares for debt transaction such that the Company will settle outstanding debt in the amounts of approximately C$345,500.00 (vs. C$600,000 previously announced) owing to certain directors and arm’s-length creditors of the Company, by issuing up to 4,935,710 common shares in the capital of the Company (vs. 8,567,857 shares previously announced) at a deemed price of C$0.07 per Common Share, to the creditors. The Board of Directors has determined that it is in the best interests of the Company to settle the outstanding Debt by the issuance of Common Shares in order to preserve the Company’s cash for ongoing operations. ([Link](https://ttgi.io/turnium-provides-update-regarding-shares-for-debt-transaction/)) (1)**Non-IFRS Financial Measures – Adjusted EBITDA** This MD&A references adjusted EBITDA, which is a non-IFRS financial measure. Adjusted EBITDA is not a recognized measure under IFRS, has no standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to adjusted EBITDA presented by other companies. Rather, it is provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, adjusted EBITDA should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS financial measures to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We believe that securities analysts, investors, and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. There are certain limitations related to the use of non-IFRS financial measures versus their nearest IFRS equivalents. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on any non-IFRS financial measure and view it in conjunction with the most comparable IFRS financial measures. In evaluating non-IFRS financial measures, you should be aware that in the future we will continue to incur expenses similar to those adjusted in non-IFRS financial measures. Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income (loss) before tax excluding depreciation and amortization expense, share based expense, gain/loss on change on fair value of derivatives, loss on debt settlement, government grants, foreign exchange gain/loss, interest and accretion and SRED refund. Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company’s operations. The following table shows a reconciliation of adjusted EBITDA to net income (loss) before tax, the most comparable IFRS financial measure, for the three and six months ended March 31, 2024 and 2023: | Canadian Dollars | 6 Months ended March 31, 2024 | 6 Months ended March 31, 2023 | 3 Months ended March 31, 2024 | 3 Months ended March 31, 2023 | | --- | --- | --- | --- | --- | | Loss before tax | (1,028,087) | (1,600,795) | (403, 245) | (1,201,843) | | Amortization | 28,578 | 30,640 | 14,288 | 14,264 | | Amortization of right-of-use assets | 81,824 | 72,951 | 37,686 | 36,475 | | Share-based compensation | 476,863 | 525,198 | 281,333 | 173,813 | | Gain/Loss on change in FV of derivative | (5,668) | (290,039) | (73) | (82,615) | | Loss on debt settlement | 27,005 | – | – | – | | Government Grant | (32,056) | – | – | – | | Foreign exchange gain (loss) | (33,867) | (52,240) | (18,605) | (25,399) | | Interest and accretion expense | 91,407 | 226,036 | 46,418 | 107,072 | | SRED refund | – | (152,575) | – | – | | Adjusted EDITDA | (394,002) | (1,240,824) | (42,198) | (978,233) | | --- | --- | --- | --- | --- |   **About Turnium Technology Group Inc.** We make internet connections more secure and reliable for businesses. Our proprietary software-defined wide area networking (SD-WAN) platform is used to deliver highly reliable and secure connections using standard internet, wireless, or low-earth orbit satellite services for maintaining uninterrupted internet connectivity. Compared to other options, our SD-WAN solution is easier to manage, more flexible and faster to deploy, and more cost-effective than virtual private network (VPN) solutions or the services offered by traditional telecommunication carriers. Turnium delivers its SD-WAN solution as a white label, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://ttgi.io/), or follow us on Twitter @turnium.   **_About SD-WAN_** SD-WAN is revolutionizing the networking and telecommunications industry by abstracting secure, high-speed networking and network control from underlying physical circuits. SD-WAN frees enterprises, small and medium businesses, cloud and managed services providers from the business and cost constraints imposed by traditional telecommunications companies.   # # #   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io). Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/)   **CAUTIONARY NOTES ** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.   **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Completes Shares for Debt Transaction" url: "https://ttgi.io/turnium-completes-shares-for-debt-transaction/" lang: "en-US" type: "post" description: "May 17, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), announces that, further to its news release dated April 26, 2024, the Company has completed its previously announced shares for debt transaction." last_modified: "2024-05-24T03:45:42+00:00" categories: [Press] --- # Turnium Completes Shares for Debt Transaction **May 17, 2024 – Vancouver, Canada – Turnium Technology Group Inc.** (TSXV: TTGI) (FSE: E48) (“**Turnium**” or the “**Company**”), announces that, further to its news release dated April 26, 2024, the Company has completed its previously announced shares for debt transaction, pursuant to which the Company has settled outstanding debt to Manning Elliott LLP, by issuing 2,982,189 common shares in the capital of the Company (the “**Common Shares**”) to Manning Elliott LLP at a deemed price of C$0.079 per Common Share (the “**Shares-for-Debt Transaction**”). The Common Shares to be issued pursuant to the Shares-for-Debt Transaction are subject to a hold period of four (4) months and one (1) day from the date of issuance. The Company further announces that the board of directors of the Company has authorized the grant of an aggregate of 2,000,000 incentive stock options (the “**Options**”) to an officer of the Company, at an exercise price of $0.11 per common share. The Options are exercisable for a five-year period from the date of grant and shall vest immediately on grant. The Options are granted pursuant to the Company’s amended and restated stock option plan, which was most recently approved by shareholders at the Company’s annual general meeting of shareholders, and remain subject to the approval of the TSX Venture Exchange. ** About Turnium Technology Group, Inc.** We make internet connections more secure and reliable for businesses. Our software-defined wide area networking (SD-WAN) software platform is licensed by our global network of channel partners and used to deliver highly reliable and secure connections to the applications and data that their business and enterprise customers need using cost-effective standard internet, wireless, or low-earth orbit satellite services. Compared to other options, the proprietary software-based solution that we offer is easier to manage, more flexible and faster to deploy, and more cost-effective than virtual private network (VPN) solutions or the services offered by traditional telecommunication carriers. Turnium delivers its SD-WAN solution as a white label, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.turnium.com](http://www.turnium.com), or follow us on Twitter @turnium.   # # # ** Turnium Contact:** Chairman: Ralph Garcea, Email: rgarcea@ttgi.io, Telephone: +1 416-304-9125 Investor Relations: Bill Mitoulas, email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), telephone: +1 416-479-9547 Media inquiries, please email [media@ttgi.io](mailto:media@ttgi.io) Sale inquiries, please email [sale@ttgi.io](mailto:sale@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](https://turnium.com/) ** CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. --- --- title: "Turnium Provides Update Regarding Shares for Debt Transaction" url: "https://ttgi.io/turnium-provides-update-regarding-shares-for-debt-transaction/" lang: "en-US" type: "post" description: "May 8, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), is pleased to announce that, the Company has amended its previously announced shares for debt transaction such that the Company will settle outstanding debt in the amounts of approximately C$345,500.00 (vs. C$600,000 previously announced) owing to certain directors and arm’s-length creditors of the Company, by issuing up to 4,935,710 common shares in the capital of the Company (vs. 8,567,857 shares previously announced) at a deemed price of C$0.07 per Common Share, to the creditors." last_modified: "2024-05-15T20:05:15+00:00" categories: [Press] --- # Turnium Provides Update Regarding Shares for Debt Transaction **May 8, 2024 – Vancouver, Canada – Turnium Technology Group Inc.** (TSXV: TTGI) (FSE: E48) (“**Turnium**” or the “**Company**”), is pleased to announce that, further to its news release dated March 6, 2024, the Company has amended its previously announced shares for debt transaction such that the Company will settle outstanding debt in the amounts of approximately C$345,500.00 (vs. C$600,000 previously announced) (the “**Debt**”) owing to certain directors and arm’s-length creditors of the Company, by issuing up to 4,935,710 common shares in the capital of the Company (vs. 8,567,857 shares previously announced) (the “**Common Shares**”) at a deemed price of C$0.07 per Common Share (the “**Shares-for-Debt Transaction**”), to the creditors. The Board of Directors has determined that it is in the best interests of the Company to settle the outstanding Debt by the issuance of Common Shares in order to preserve the Company’s cash for ongoing operations. Closing of the Shares-for-Debt Transaction is subject to customary closing conditions, including the approval of the TSX Venture Exchange. The Company intends to close the Shares-for-Debt Transaction in the month of May, 2024. The Common Shares to be issued pursuant to the Shares-for-Debt Transaction will be subject to a hold period of four (4) months and one (1) day from the date of issuance. As certain directors and officers of the Company (the “**Related Parties**”) are creditors having an aggregate of C$320,000 of the Debt settled pursuant to the Shares-for-Debt Transaction, the Shares-for-Debt Transaction is considered to be a “related party transaction” under Multilateral Instrument 61-101 – _Protection of Minority Security Holders in Special Transactions_ (“**MI 61-101**“). All of the independent directors of the Company, acting in good faith, have considered the Shares-For-Debt Transaction and have determined that the fair market value of the Common Shares being issued to Related Parties and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(a) of MI 61-101. ** About Turnium Technology Group, Inc.** We make internet connections more secure and reliable for businesses. Our software-defined wide area networking (SD-WAN) software platform is licensed by our global network of channel partners and used to deliver highly reliable and secure connections to the applications and data that their business and enterprise customers need using cost-effective standard internet, wireless, or low-earth orbit satellite services. Compared to other options, the proprietary software-based solution that we offer is easier to manage, more flexible and faster to deploy, and more cost-effective than virtual private network (VPN) solutions or the services offered by traditional telecommunication carriers. Turnium delivers its SD-WAN solution as a white label, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.turnium.com](http://www.turnium.com), or follow us on Twitter @turnium. ** _About SD-WAN_** SD-WAN is revolutionizing the networking and telecommunications industry by abstracting secure, high-speed networking and network control from underlying physical circuits. SD-WAN frees enterprises, small and medium businesses, cloud and managed services providers from the business and cost constraints imposed by traditional telecommunications companies.   # # # ** Turnium Contact:** Chairman: Ralph Garcea, Email: rgarcea@ttgi.io, Telephone: +1 416-304-9125 Investor Relations: Bill Mitoulas, email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), telephone: +1 416-479-9547 Media inquiries, please email [media@ttgi.io](mailto:media@ttgi.io) Sale inquiries, please email [sale@ttgi.io](mailto:sale@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](https://turnium.com/) ** CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. ** Forward-Looking Information** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company may terminate and not proceed with the Agreement, or that the Agreement and associated transactions will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSX Venture Exchange). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Announces Issuance of Bonus Warrants Pursuant to Loan Agreements" url: "https://ttgi.io/announces-issuance-of-bonus-warrants-pursuant-to-loan-agreements/" lang: "en-US" type: "post" description: "March 28, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), announces that pursuant to its previous press release of March 6, 2024, it has entered into loan agreements (the \"Loan Agreements\") with lenders (the \"Lenders\") borrowing a total of C$300,000 (the \"Loans\")." last_modified: "2024-04-02T16:36:29+00:00" categories: [Press] --- # Turnium Announces Issuance of Bonus Warrants Pursuant to Loan Agreements **March 28, 2024 – Vancouver, Canada – Turnium Technology Group Inc.** (TSXV: TTGI) (FSE: E48) (**“Turnium”** or the **“Company”**), announces that pursuant to its previous press release of March 6, 2024, it has entered into loan agreements (the “Loan Agreements”) with lenders (the “Lenders”) borrowing a total of C$300,000 (the “Loans”). The Loans will bear interest of 14% per annum. The maturity date of the Loans will be the date that is six (6) months following the date that the Lenders provided the Loans to the Company. The Loans may be repaid prior to their maturity with a minimum interest payment of six (6) months. One of the Lenders is a Director of the Company, and the other Lenders are each arm’s length parties to the Company. In connection with the Loan Agreements, the Company has issued an aggregate of 3,000,000 share purchase warrants (the “Loan Bonus Warrants”) to the Lenders. Each Loan Bonus Warrant entitles the holder to purchase one common share of the Company at an exercise price of C$0.10 for a period of 12 months from the issue date. The warrants will be subject to an acceleration clause allowing for the acceleration of the warrants should the shares trade at or above C$0.20 for any 10 consecutive trading days. The issuance of 250,000 warrants to an insider pursuant to the Loan Agreement (“Insider Participation”) is considered to be a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101”). The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(b) and 5.7(1)(b) of MI 61-101 in respect of the Insider Participation. The Company also announces that 344,475 warrants (with an exercise price of $0.56) expired on March 25, 2024, and 2,955,314 warrants (with an exercise price of $0.75) are set to expire on April 8, 2024. ** About Turnium Technology Group, Inc.** Turnium Technology Group Inc. offers a proprietary SD-WAN solution to its customers that is faster and less expensive than its competitors. The customers benefit via enhanced performance, and crucially, a robust and cost-effective solution for maintaining uninterrupted internet connectivity. The technology eliminates any costly connectivity downtime, thereby enabling the user to continue business and avoid any revenue losses. Turnium SD-WAN solutions are sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.turnium.com](http://www.turnium.com), or follow us on Twitter @turnium.   # # # ** Turnium Contact:** Chairman: Ralph Garcea, Email: rgarcea@ttgi.io, Telephone: +1 416-304-9125 Investor Relations: Bill Mitoulas, email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), telephone: +1 416-479-9547 Media inquiries, please email [media@ttgi.io](mailto:media@ttgi.io) Sale inquiries, please email [sale@ttgi.io](mailto:sale@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](https://turnium.com/) ** CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. --- --- title: "Turnium Announces Shares for Debt Transaction, Promissory Notes and Grant of Options" url: "https://ttgi.io/turnium-announces-shares-for-debt-transaction-promissory-notes-and-grant-of-options/" lang: "en-US" type: "post" description: "March 6, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”), is pleased to announce that it will enter into debt settlement agreements to settle outstanding debt in the amounts of approximately C$600,000 (the “Debt”) owing to certain directors and arm’s-length creditors of the Company, by issuing 8,567,857 common shares in the capital of the Company (the “Common Shares”) at a deemed price of C$0.07 per Common Share (the “Shares-for-Debt Transaction”), to the creditors." last_modified: "2024-03-18T00:25:41+00:00" categories: [Press] --- # Turnium Announces Shares for Debt Transaction, Promissory Notes and Grant of Options **March 6, 2024 – Vancouver, Canada – Turnium Technology Group Inc.** (TSXV: TTGI) (FSE: E48) (“**Turnium**” or the “**Company**”), is pleased to announce that it will enter into debt settlement agreements to settle outstanding debt in the amounts of approximately C$600,000 (the “Debt”) owing to certain directors and arm’s-length creditors of the Company, by issuing 8,567,857 common shares in the capital of the Company (the “**Common Shares**”) at a deemed price of C$0.07 per Common Share (the “**Shares-for-Debt Transaction**”), to the creditors. The Board of Directors has determined that it is in the best interests of the Company to settle the outstanding Debt by the issuance of Common Shares in order to preserve the Company’s cash for ongoing operations. Closing of the Shares-for-Debt Transaction is subject to customary closing conditions, including the approval of the TSX Venture Exchange. The Company intends to close the Shares-for-Debt Transaction as soon as practicable. The Common Shares to be issued pursuant to the Shares-for-Debt Transaction will be subject to a hold period of four (4) months and one (1) day from the date of issuance. As certain directors of the Company (the “**Related Parties**”) are creditors having an aggregate of C$465,000 of the Debt settled pursuant to the Shares-for-Debt Transaction, it is considered to be a “related party transaction” under Multilateral Instrument 61-101 – _Protection of Minority Security Holders in Special Transactions_ (“**MI 61-101**“). All of the independent directors of the Company, acting in good faith, considered the Shares-For-Debt Transaction and have determined that the fair market value of the Common Shares being issued to Related Parties and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(a) of MI 61-101. ** Grant of Options** The Company further announces that is has granted 3.8 million options to certain consultants at an exercise price of $0.07 per share. The Options are issued pursuant to the Company’s Option plan as approved by the shareholders at the last annual meeting and are exercisable for a period of 5 years. ** Loan Agreements** The Company is pleased to also announce that, subject to regulatory approval, it will be entering into loan agreements (the “Loan Agreements”) with lenders (the “Lenders”) pursuant to which the Company will borrow a total of C$300,000 (the “Loans”). The Loans will bear interest of 14% per annum. The maturity date of the Loans will be the date that is 6 months following the date that the Lenders provide the Loans to the Company. The Loans may be repaid prior to their maturity with a minimum interest payment of 6 months. One Lender is a Director of the Company, and the other Lenders are at arms-length to the Company. Subject to the approval of the TSX Venture Exchange (the “TSXV”), the Company will issue share purchase warrants to each Lender (an aggregate of 3,000,000 share purchase warrants) (the “Loan Bonus Warrants”) as inducement for the Loans. Each Loan Bonus Warrant will entitle the holder to purchase one common share of the Company at an exercise price of C$0.10 until the date that is 12 months following the date that the Company issues the Loan Bonus Warrants to the Lenders. The warrants will be subject to an acceleration clause allowing for the acceleration of the warrants should the shares trade at or above C$0.20 for any 10 consecutive trading days. ** About Turnium Technology Group, Inc.** We make internet connections more secure and reliable for businesses. Our software-defined wide area networking (SD-WAN) software platform is licensed by our global network of channel partners and used to deliver highly reliable and secure connections to the applications and data that their business and enterprise customers need using cost-effective standard internet, wireless, or low-earth orbit satellite services. Compared to other options, the proprietary software-based solution that we offer is easier to manage, more flexible and faster to deploy, and more cost-effective than virtual private network (VPN) solutions or the services offered by traditional telecommunication carriers. Turnium delivers its SD-WAN solution as a white label, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.turnium.com](http://www.turnium.com), or follow us on Twitter @turnium. ** _About SD-WAN_** SD-WAN is revolutionizing the networking and telecommunications industry by abstracting secure, high-speed networking and network control from underlying physical circuits. SD-WAN frees enterprises, small and medium businesses, cloud and managed services providers from the business and cost constraints imposed by traditional telecommunications companies.   # # # ** Turnium Contact:** Chairman: Ralph Garcea, Email: rgarcea@ttgi.io, Telephone: +1 416-304-9125 Investor Relations: Bill Mitoulas, email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), telephone: +1 416-479-9547 Media inquiries, please email [media@ttgi.io](mailto:media@ttgi.io) Sale inquiries, please email [sale@ttgi.io](mailto:sale@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](https://turnium.com/) ** CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. ** Forward-Looking Information** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company may terminate and not proceed with the Agreement, or that the Agreement and associated transactions will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSX Venture Exchange). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Technology Group Inc. Reports Growth in Fiscal Q1 2024 Financial Results" url: "https://ttgi.io/ttgi-reports-record-fiscal-q1-2024-financial-results/" lang: "en-US" type: "post" description: "February 29, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (FSE: E48) (“Turnium” or “the Company”), an industry leader in cloud native SD-WAN, focused on improving application performance for enterprises with safe and secure multi-site connectivity without the burden of expensive dedicated bandwidth and hardware, announces its financial results for Fiscal Q1 2024. All financial information is provided in Canadian dollars unless otherwise indicated." last_modified: "2025-05-21T21:00:16+00:00" categories: [Press] --- # Turnium Technology Group Inc. Reports Growth in Fiscal Q1 2024 Financial Results #### [Download Q1 Financial Statements (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_FS_Q1_2024_Final.pdf) #### [Download Q1 MD&A (PDF)](https://ttgi.io/wp-content/uploads/2025/05/TTGI_-_MDA_Q1_2024_Final.pdf)   **February 29, 2024** – Vancouver, Canada – Turnium Technology Group Inc. (**TSX.V: TTGI**) (**FSE: E48**) (“**Turnium**” or “**the Company**”), an industry leader in cloud native SD-WAN, focused on improving application performance for enterprises with safe and secure multi-site connectivity without the burden of expensive dedicated bandwidth and hardware, announces its financial results for Fiscal Q1 2024. All financial information is provided in Canadian dollars unless otherwise indicated. **These results are being published following the [recent announcement of the Letter of Intent (LOI) to acquire Claratti Limited](https://www.newsfilecorp.com/release/199742/Turnium-Provides-Corporate-Update) that will bring hundreds of Australian based clients into the Turnium portfolio, driving growth in cross-sell opportunities.** Ralph Garcea, Chairman of Turnium commented, “In the first quarter of fiscal 2024, the Turnium team continued its focus on expanding our channel partners, increasing monthly recurring revenue (MRR), and delivering superior product and service solutions to our global clientele. The Company is very well positioned to achieve cashflow positive results this year, as we continue to execute on our dual pronged growth strategy: First priority is continuing our organic growth initiatives, further expanding our Global Partnership Program which has onboarded 16 new agreements over the last 12 months. The second part of the growth strategy involves mergers and acquisitions, where we have two planned for this year. Our intention to acquire Claratti, discussed below, is one of these strategic acquisitions. We continue to evaluate other acquisitions as we look to scale our revenue over the next few years.” The Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”) for the first fiscal quarter ended December 31, 2023, are available on the Company’s SEDAR profile at [www.sedar.com](http://www.sedar.com/). **Fiscal First Quarter 2024 Highlights:** - **Revenue** in the first quarter increased to $1.28 million, compared to $1.26 million in the previous quarter; - **Gross Margin** in the first quarter increased to $0.89 million, compared to $0.87 million in the previous quarter; - **Total Expenses** in the first quarter decreased to $1.5 million, compared to $2.2 million in the previous quarter; - **Net Loss** in the first quarter decreased to ($0.62) million, compared to ($1.7) million in the previous quarter; - **Number of Common Shares Outstanding (basic)** at the end of the first quarter 2024 was 104,605,243.   **Fiscal Quarter Financial Highlights:** The Company’s key financial results for the three months ended December 31, 2023, are as follows: | Canadian Dollars | Q1 F2024- For the three months ended December 31, 2023 | Q4 F2024- For the three months ended September 30, 2023 | Q3 F2023- For the three months ended June 30, 2023 | Q2 F2023- For the three months ended March 31, 2023 | | --- | --- | --- | --- | --- | | Total revenue | 1,284,210 | 1,257,622 | 1,476,342 | 1,185,056 | | Gross margin | 890,182 | 873,459 | 916,845 | 886,540 | | Total Expenses | 1,495,940 | 2,217,763 | 1,512,661 | 2,089,325 | | Net comprehensive income (loss) | (624,842) | (1,662,592) | (745,223) | (1,201,843) | | Weighted average number of common shares outstanding | 104,605,243 | 90,370,451 | 68,935,614 | 68,865,009 | | --- | --- | --- | --- | --- | | Basic and diluted loss per common share | (0.01) | (0.02) | (0.01) | (0.02) | **_Special Notes:_** _It is anticipated that revenues and expenses may vary, perhaps materially, from quarter to quarter due to several factors, including changes in product mix, costs related to planned increase in market share, global expansion costs and ongoing corporate development initiatives. Although revenues may fluctuate from quarter to quarter, and such fluctuations may be material, management expects that revenues will increase year over year._ _There are no known trends or seasonal impacts on the Company’s business although seasonal trends may develop as the Company grows._   **Subsequent Highlights to the Fiscal First Quarter:** **February 28, 2024** – the Compnay announced it has entered into a non-binding Letter of Intent (LOI) to acquire Claratti Limited (**Claratti**), a provider of managed IT Solutions for enterprises covering areas such as internet and telecommunications services, remote work and connectivity, cybersecurity and high-quality hardware and software. Claratti is headquartered in Perth, Australia and serves hundreds of clients across Australia. Additionally, the Company also announced that Mr. Derek Spratt will be retiring as CEO, effective February 29, 2024, but will continue as a Director. The Company has implemented an Office of the CEO consisting of Founder/Director Johan Arnet and Director Jim Lovie. All decisions going forward, until a permanent replacement for the role of CEO has been appointed, will be a collaborative effort between the Chairman, Mr. Arnet and Mr. Lovie, with input from the rest of the Board. ([Link](https://www.newsfilecorp.com/release/199742/Turnium-Provides-Corporate-Update)) **February 20, 2024** – the Company and Wafaicloud announce partnership to drive cloud adoption across the Middle East. Wafai International Company Inc. of Saudi Arabia (WafaiCloud) has signed a multiyear term and volume commitment to partner with Turnium Technology Group Inc. Currently with 200 sites already in service, Wafai forecasts aggressive growth in its Turnium SD-WAN pipeline which can grow revenue more than 10 times within three years. **Additional Fiscal First Quarter 2024 Highlights:** **November 29, 2023** – the Company has changed its auditor from Manning Elliott LLP to Kingston Ross Pasnak LLP, effective November 28, 2023. The former auditor submitted a resignation letter as the auditor of the company, effective November 27, 2023, and the board of directors of the company appointed the successor auditor as the company’s auditor, effective November 28, 2023, until the next annual general meeting of the company. **November 29, 2023** – the Company announced the appointment of Konstantin Lichtenwald as the Chief Financial Officer. Mr. Lichtenwald has over 16 years of finance and accounting experience, including corporate compliance, accounting and financial management, initial public offerings, and reverse takeovers, providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses and public companies. **October 24, 2023** – the Company’s board of directors has authorized the grant of an aggregate of 3.1 million incentive stock options to directors, officers and employees of the company, at an exercise price of $0.10 per common share. The options are exercisable for a five-year period from the date of grant. Certain grants will be subject to vesting terms in accordance with the terms of the option plan. **October 12, 2023** – The Company’s development of Turnium SD-WAN version 7.0 is progressing toward completion. This new software release will revolutionize Turnium SD-WAN and increase the use-cases and capabilities that Turnium Channel Partners can use to solve common customer issues in today’s cloud-based networked business environment. Version 7.x will enable Turnium to integrate the numerous global partners that have been announced to date, and others that are currently in our pipeline – as Turnium scales from 10,000+ lines currently to 100,000+ lines over the next few years. **September 28, 2023** – The Company has signed a five-year OEM (original equipment manufacturer) licensing agreement with a large technology group and service provider in Southeast Asia. The new five-year OEM licensing agreement with the Southeast Asian service provider, signed on July 18, 2023, will activate across Indonesia initially. **September 25, 2023** – At the Company’s shareholder meeting held on September 15, 2023, all resolutions were passed. A total of 54,836,337 common shares were represented at the Meeting, representing approximately 54.9% of the common shares issued and outstanding as of the record date. **September 12, 2023** – SDWAN & SASE Solutions Ltd. has joined the Turnium Technology Group global partner program to enable it to license, package and bundle Turnium’s SD-WAN software into SDWAN & SASE Solutions’ portfolio. **About Turnium Technology Group Inc.** Turnium Technology Group Inc. delivers its SD-WAN solution as a white label, containerized, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN solutions is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.ttgi.io](http://ttgi.io/), or follow us on Twitter @turnium.   **_About SD-WAN_** SD-WAN is revolutionizing the networking and telecommunications industry by abstracting secure, high-speed networking and network control from underlying physical circuits. SD-WAN frees enterprises, small and medium businesses, cloud and managed services providers from the business and cost constraints imposed by traditional telecommunications companies.   # # #   **Turnium Contact:** Investor Relations: Bill Mitoulas, Email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), Telephone: +1 416-479-9547 Media inquiries: please email [media@ttgi.io](mailto:media@ttgi.io). Sales inquiries: please email [sales@ttgi.io](mailto:sales@ttgi.io) [www.ttgi.io](http://ttgi.io/), [www.turnium.com](http://www.turnium.com/)   **CAUTIONARY NOTES ** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.   **Forward-Looking Information ** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Some of these risks are described under the “Caution on Forward-Looking Information” section and “Risk Factors” section of the MD&A.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. --- --- title: "Turnium Provides Corporate Update" url: "https://ttgi.io/proposed-acquisition-of-claratti-and-ceo-transition/" lang: "en-US" type: "post" description: "February 28, 2024 – Vancouver, Canada – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or “the Company”), is pleased to provide a corporate update regarding its acquisition strategy." last_modified: "2024-03-10T22:31:21+00:00" categories: [Press] --- # Turnium Provides Corporate Update #### _Proposed Acquisition of Claratti and CEO Transition_ **February 28, 2024 – Vancouver, Canada – Turnium Technology Group Inc.** (TSXV: TTGI) (FSE: E48) (“**Turnium**” or “**the Company**”), is pleased to provide a corporate update regarding its acquisition strategy. **Acquisition of Claratti Limited** The Company is pleased to announce that it has entered into a non-binding Letter of Intent (the “**LOI**”) to acquire Claratti Limited (“**Claratti**”), a provider of managed IT Solutions for enterprises covering areas such as internet and telecommunications services, remote work and connectivity, cybersecurity and high-quality hardware and software. Claratti is headquartered in Perth, Australia and serves hundreds of clients across Australia. Pursuant to the LOI, the Company will acquire 100% of the issued and outstanding securities of Claratti (the “**Acquisition**”) in exchange for: - a closing purchase price of C$6.0 million, payable through the issuance of common shares in the capital of the Company (“**Common Shares**”) at a deemed price of C$0.15 per Common Share, being a total of 40,000,000 Common Shares, which closing purchase price is based off of Claratti’s expected revenue generation and EBITDA for the twelve-month period ended June 30, 2024; and - potential earn-out payments of up to C$4 million (also payable through the issuance of up to 26,666,666 Common Shares at a deemed issue price of C$0.15 per Common Share) if certain EBITDA levels are achieved in fiscal 2025 and in fiscal 2026. The Common Shares issuable pursuant to the Acquisition will be subject to contractual escrow provisions, providing for release from escrow over an 18-month period. The Acquisition is subject to approval of the TSX Venture Exchange. Claratti would mark the first acquisition completed by Turnium since its RTO in June 2022. “We believe we can leverage Claratti’s Infrastructure-as-a-Service (IaaS) platform to deliver an integrated tech stack including SD-WAN, and the speed improvements from V7, to an increased global customer base. We continue to evaluate other acquisitions as we look to scale our revenue over the next few years,” stated Turnium Chairman Ralph Garcea. **CEO Transition** The Company also announces that Mr. Derek Spratt will be retiring as CEO, effective February 29, 2024, but will continue as a Director. We would like to thank Mr. Spratt for his efforts over the last couple of years as we dealt with many major corporate events, including the Company’s reverse takeover to list on the TSX Venture Exchange, the retirement of our debt facility and other cost-cutting initiatives. As part of the transition process, the Company has implemented an Office of the CEO consisting of Founder/Director Johan Arnet and Director Jim Lovie. All decisions going forward, until a permanent replacement for the role of CEO has been appointed, will be a collaborative effort between the Chairman, Mr. Arnet and Mr. Lovie, with input from the rest of the Board. The Board of Directors believes that having multiple individuals share the responsibilities of the CEO role can be beneficial, with each member of the Office of the CEO having their own set of responsibilities and areas of focus, allowing the Company to leverage the unique skills and experiences of each Director. The Company anticipates that this will provide a broader perspective and enable more effective decision-making during the transition. We look forward to updating investors with regards to a permanent CEO in due course. **About Claratti Limited** Claratti is a full-service 360-degree technology provider, partnering with businesses to deliver secure solutions to solve real problems. From the supply of the physical device, software licensing, installation and 24x7x365 global support, Claratti delivers a true single-vendor experience. We empower your organisation to work the way you need to, by allowing your staff to work securely from anywhere, on any device. It’s not just a mobile desktop; we give you the ability to access your entire office, your files, your software, and your phones — it’s a complete Virtual Workspace. Claratti solution is ISO 27001 certified and comes with cybersecurity package options which range from basic to military grade protection. Claratti was built for scale and caters to any size business, running any applications. It doesn’t matter where you’re located, which industry you’re in, or the complexity of your system — we’ve got your entire IT suite covered. For more information, visit [www.claratti.com](http://www.claratti.com).   **About Turnium Technology Group, Inc.** Turnium Technology Group Inc. delivers its SD-WAN solution as a white label, disaggregated software platform that OEM channel partners host, manage, brand, and price. Turnium is also available to Resellers as a Turnium-branded managed service. Turnium SD-WAN solutions is sold through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers. For more information, contact [sales@ttgi.io](mailto:sales@ttgi.io), visit [www.turnium.com](http://www.turnium.com), or follow us on Twitter @turnium. **_About SD-WAN_** SD-WAN is revolutionizing the networking and telecommunications industry by abstracting secure, high-speed networking and network control from underlying physical circuits. SD-WAN frees enterprises, small and medium businesses, cloud and managed services providers from the business and cost constraints imposed by traditional telecommunications companies.   # # # ** Turnium Contact:** Chairman: Ralph Garcea, Email: rgarcea@ttgi.io, Telephone: +1 416-304-9125 Investor Relations: Bill Mitoulas, email: [investor.relations@ttgi.io](mailto:investor.relations@ttgi.io), telephone: +1 416-479-9547 Media inquiries, please email [media@ttgi.io](mailto:media@ttgi.io) Sale inquiries, please email [sale@ttgi.io](mailto:sale@ttgi.io) [www.ttgi.io](http://ttgi.io), [www.turnium.com](https://turnium.com/) ** CAUTIONARY NOTES** Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. ** Forward-Looking Information** This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company may terminate and not proceed with the Agreement, or that the Agreement and associated transactions will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSX Venture Exchange). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. ---