A summary of the
Company’s subsidiaries included in these condensed interim financial statements as at March 31, 2026 is as follows:
Schedule of activities of subsidiaries
| Name of subsidiaries |
Country of incorporation |
Percentage ownership |
Functional currency |
Principal activity |
| Innovation Nutaq Inc. |
Canada |
100% |
CAD |
Wireless solutions |
| NuRAN Wireless (Africa) Holding |
Mauritius |
100% |
USD |
Holding company |
| NuRAN Wireless DRC SA |
DRC |
100% |
USD |
Wireless solutions |
| NuRAN Wireless Cameroon Ltd |
Cameroon |
100% |
XAF |
Wireless solutions |
| NuRAN Wireless Benin S.A.R.L.U |
Benin |
100% |
XOF |
Wireless solutions |
| NuRAN Wireless Madagascar S.A.R.L.U |
Madagascar |
100% |
MGA |
Wireless solutions |
| NuRAN Wireless Cote d’Ivoire S.A.R.L.U |
Ivory Coast |
100% |
XOF |
Wireless solutions |
| Advance Factoring Inc. (2025) |
Canada |
100% |
CAD |
Factoring |
|