Secure Blockchain Acquires Agentic Solutions and Announces Financial Initiatives

Secure Blockchain Development Corp. has entered a share purchase agreement to acquire Agentic Solutions Limited. This acquisition involves issuing 5,000,000 common shares at a deemed price of $0.09 per share. Agentic specializes in blockchain infrastructure and AI solutions but is currently pre-revenue.

Agentic's founder, Sebastian Quinn-Watson, will join Secure Blockchain's board, while Steven Bryson-Haynes remains President. The acquisition will see collaborations leveraging Agentic's AI expertise to enhance operations in proof-of-stake networks.

Secure Blockchain also plans a private placement to raise $1,500,000 through the issuance of up to 13,333,333 units. This funding will support debt settlement and blockchain initiatives. Additionally, the company has settled $500,000 in liabilities with shares issuance.

These developments are pending regulatory approval, including from the TSX Venture Exchange, and are subject to closing conditions outlined in the SPA.