ZenaTech acquires 12% stake in Route1 Inc through share purchase

ZenaTech Inc. (NASDAQ: ZENA) acquired 937,477 common shares of Route1 Inc. at $0.10 per share through the TSX Venture Exchange on May 1, 2026, according to a company statement.

The purchase represents approximately 2% of Route1's outstanding common shares and brings ZenaTech's total holdings to 5,625,975 shares, or about 12% of Route1's issued and outstanding common shares. ZenaTech did not previously own any Route1 shares.

The technology company stated it acquired the shares for investment purposes and may participate in future financings or acquire additional securities of Route1, subject to market conditions and other investment opportunities.

ZenaTech filed an Early Warning Report under National Instrument 61-103, which is required when an entity acquires beneficial ownership of 10% or more of a company's voting securities. The report is available under Route1's profile on SEDAR+.

ZenaTech specializes in artificial intelligence drone technology, Drone as a Service, enterprise software solutions, and quantum computing applications for commercial, government, and defense sectors. The company operates through offices in North America, Europe, Taiwan, and the United Arab Emirates.

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