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TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through the completion of a convertible debenture offering in October 2025 (the “Acquisition”), ThreeD and Park Place Limited, a corporation wholly owned and controlled by Sheldon Inwentash (the “Joint Actor”), acquired ownership and control of unsecured convertible debentures (the “Subject Debentures”) of infinitii ai inc. (the “Company” or “infinitii”), convertible into 5,000,000 units of the Company (the “Subject Debenture Units”). Each Subject Debenture Unit consists of one common share (each, a “Subject Convertible Share”) and one warrant for the purchase of one common share (each, a “Subject Convertible Warrant”). As a result of the Acquisition, the percentage ownership held by ThreeD and the Joint Actor increased by greater than 2%, on a partially diluted basis, from the last early warning report filed in connection with infinitii securities.
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Immediately prior to the Acquisition, ThreeD and the Joint Actor own and control an aggregate of 1,000,000 common share purchase warrants, 1,000,000 stock options, and convertible debentures entitling ThreeD and the Joint Actor to acquire 16,665,400 common shares and 16,665,400 common share purchase warrants of the Company, representing 0.0% of all issued and outstanding common shares of inifinitii (or approximately 20.2% on a partially diluted basis, assuming exercise of the warrants, stock options, and convertible debentures held). Of this total, ThreeD held convertible debentures entitling ThreeD to acquire 15,133,400 common shares and 15,133,400 common share purchase warrants, representing 0.0% of the issued and outstanding common shares of infinitii (or approximately 17.8% on a partially diluted basis assuming the exercise of the convertible debentures held). The Joint Actor held an aggregate of 1,000,000 common share purchase warrants, 1,000,000 stock options and convertible debentures entitling the Joint Actor to acquire 1,532,000 common shares and 1,532,000 common share purchase warrants, representing 0.0% of the issued and outstanding common shares of infinitii (or approximately 3.5% on a partially diluted basis, assuming exercise of the warrants, stock options, and convertible debentures held).
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Immediately following the Acquisition, ThreeD and the Joint Actor own and control an aggregate of 1,000,000 common share purchase warrants, 1,000,000 stock options, and convertible debentures entitling ThreeD and the Joint Actor to acquire 21,665,400 common shares and 21,665,400 common share purchase warrants of the Company, representing 0.0% of all issued and outstanding common shares of inifinitii (or approximately 24.5% on a partially diluted basis, assuming exercise of the warrants, stock options, and convertible debentures held). Of this total, ThreeD held convertible debentures entitling ThreeD to acquire 18,633,400 common shares and 18,633,400 common share purchase warrants, representing 0.0% of the issued and outstanding common shares of infinitii (or approximately 21.1% on a partially diluted basis assuming the exercise of the convertible debentures held). The Joint Actor held an aggregate of 1,000,000 common share purchase warrants, 1,000,000 stock options and convertible debentures entitling the Joint Actor to acquire 3,032,000 common shares and 3,032,000 common share purchase warrants, representing 0.0% of the issued and outstanding common shares of infinitii (or approximately 5.5% on a partially diluted basis, assuming exercise of the warrants, stock options, and convertible debentures held).

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