/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./
VANCOUVER, BC, Aug. 14, 2025 /CNW/ - Intellistake Technologies Corp. (CSE: ISTK) (OTCQB: ISTKF) (FSE: E41) ("Intellistake" or the "Company") is pleased to announce it has completed the acquisition of stablecoins as an operational step in its strategy to support decentralized AI and blockchain networks. This allocation establishes a base layer for validator operations, staking, and infrastructure participation—positioning the Company to execute upcoming strategic digital asset allocations efficiently.
Intellistake intends to acquire approximately CAD$500,000 in stablecoins which would be used toward upcoming strategic digital asset allocations across blockchain infrastructure and decentralized AI ecosystem assets. Details of these allocations will be announced in the Company's forthcoming first strategic AI token allocation press release.
Intellistake remains committed to expanding its treasury holdings of AI and technology-focused digital assets, leveraging blockchain technology to support long-term stakeholder value. This forms part of a broader strategy to grow its position in AI and tech digital assets in alignment with the global shift toward advanced decentralized technologies.
This deployment was made possible through the Company's partnership and exclusive agreement with Singularity Venture Hub, which provides secure institutional-grade self-custody infrastructure via Fireblocks, a platform trusted by some of the world's leading digital asset managers. Fireblocks employs advanced security features such as multi-party computation (MPC) and SGX-secured transfer environments, enabling Intellistake to securely store and manage digital assets in a fully segregated, non-custodial environment.
"Activating our institutional-grade MPC wallet infrastructure through an exclusive agreement with Singularity Venture Hub, gives us the secure foundation we need to execute confidently in this space," said Jason Dussault, CEO of Intellistake Technologies Corp. "This step not only validates our operational readiness—it ensures that we're aligned with best practices in digital asset self-custody from day one."
Stablecoins are blockchain-based tokens engineered to maintain a stable value—typically pegged 1:1 to fiat currencies like the US dollar. They offer the speed and programmability of digital assets while intended to preserve the price stability of traditional money, making them essential tools for treasury management and efficient capital deployment in volatile markets.
The stablecoins acquired as part of this deployment will serve as a liquid base layer, enabling flexible, real-time acquisition of planned upcoming investments across decentralized AI networks, validator systems, and infrastructure-layer digital assets.
A subsequent press release will announce the Company's first strategic digital asset allocation into assets that enable participation in and support for the foundational and infrastructure layers of leading decentralized AI technology networks—potentially including tokens such as BTC, ETH, FET and others—together with the commencement of staking operations that contribute to the functionality and security of those networks.
Financing
The Company intends to undertake a non-brokered private placement offering of units (each a "Unit") at a price of $0.87 per Unit to raise gross proceeds of up to $5 million (the "Offering"). Each Unit will consist of one class "A" shares (each a "Share") and one Share purchase warrant (a "Warrant"). Each Warrant shall entitle the holder thereof to purchase one Share at an exercise price of $1.08 for a period of 36 months following the closing of the Offering, subject to accelerated expiry in certain circumstances.
In the event that the Shares become listed for trading on either a senior Canadian stock exchange (including without limitation the Toronto Stock Exchange or the Cboe Canada Exchange), NASDAQ or the NYSE (in either case, the "Triggering Event"), the expiry date of the Warrants will be automatically accelerated, irrespective of whether the Company gives notice thereof to the holders of the Warrants by way of news release, and the Warrants will expire on the first day that is ten trading days after the date of the Triggering Event (the "Accelerated Exercise Period"). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.
The net proceeds of the Offering will be used for acquisitions of digital currencies, development of AI Agents, validator hardware acquisitions, research & development and marketing, repayment of existing accounts payable, investor relations expenditures, working capital requirements and other general corporate purposes. In particular, the Company intends to use the net proceeds of the Offering to acquire a portion of the up to $500,000 in digital assets disclosed in this press release and fund a portion of the costs of the FSN (defined below) marketing services disclosed below.
The securities issued in the Offering will be subject to a statutory hold period of four months and one-day. The Company retains the right to increase the gross proceeds of the Offering to up to $10 million in the context of the market.
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 offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws or an exemption from such registrations are available. No public offering of securities is being made in the United States. 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 these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Investor Relations
The Company is also pleased to announce that it has entered into an agreement with Financial Star News Inc. ("FSN") of 701 West Georgia Street, #1500, Vancouver, BC V7Y 1C6, e-mail info@thefinancialstar.com; telephone: 778-707-0363, to provide marketing services which are expected to commence during August 2025 and continue until terminated on thirty days' notice.
The services provided by FSN will include the creation of campaigns, ad groups, text ads, display ads, performance of detailed keyword research, setup and management of remarketing campaigns, optimizing keyword options, coordinating online advertisers and marketers, corresponding to online marketing targets, creating landing pages for ad campaigns and generally bringing attention to the business of the Company. The promotional activity undertaken by FSN will occur on a http:///www.theFinancialStar.com landing page, and via Google ads and native advertising.
The Company will pay a fee of up to USD$500,000 (plus GST) for the marketing services. The Company will not issue any securities to FSN as compensation for its marketing services. As of the date hereof, to the Company's knowledge, FSN (including its directors and officers) own 333,333 Shares of the Company. FSN has an arm's length relationship with the Company.