3. Asset Acquisitions

Acquisition of real property - Ontario

On May 15, 2026, the Company closed the acquisition of real property located around Ontario's Toronto-Waterloo innovation corridor. In consideration, the Company paid $5 million cash and issued a mortgage to the seller in the amount of $4.4 million. The consideration paid includes transaction costs of $0.6 million.

The Company determined that this transaction is an asset acquisition as the assets acquired did not constitute a business as defined by ASC 805. The following table summarizes the consideration transferred, the estimated fair value of the identifiable assets acquired, and liabilities assumed as the date of the acquisition:

		June 30, 2026

Cash paid	$	4,354
Mortgage (Note 14)		4,363
Acquisition costs		618
Total consideration	$	9,335

Land	$	9,335
Net assets acquired	$	9,335

Acquisition of real property - Ontario

On January 30, 2026, the Company closed the acquisition of real property located around Ontario's Toronto-Waterloo innovation corridor. In consideration, the Company paid $21.6 million cash and issued a mortgage to the seller in the amount of $14.7 million. The consideration paid includes transaction costs of $2.0 million.

		January 30, 2026

Cash paid	$	19,547
Mortgage (Note 14)		14,747
Acquisition costs		2,026
Total consideration	$	36,320

Land	$	36,320
Net assets acquired	$	36,320

Acquisition of Megawatt Mining Corp.

On September 15, 2025, the Company closed the acquisition of real property located at 15 City View Drive, Toronto, Ontario and shares of Megawatt Mining Corp. from an unrelated party. In consideration, the Company paid $9.2 million cash and issued 1 million common shares of the Company. The consideration paid includes transaction costs of $556.

		September 15, 2025

Cash paid	$	8,692
Share consideration		3,919
Acquisition costs		556
Total consideration	$	13,167

Cash	$	59
Deposits		109
Building and land		12,919
GST receivables		151
Accounts payable		(71	)
Total assets		13,167
Deferred tax liability		-
Net assets acquired	$	13,167

Acquisition of Zunz S.A.

Effective March 17, 2025 the Company closed the acquisition of Zunz S.A. with an unrelated party. In consideration, the Company paid $25 million cash up front and will pay the remaining purchase price of $31 million over six months. The consideration paid also includes transaction costs of $692 and cash advanced by the Company after January 28, 2025. The Company fully paid the acquisition loan payable by March 31, 2026 (March 31, 2025 - $31 million).

		March 31, 2025

Cash paid	$	25,000
Acquisition loan payable		31,000
Cash advance		7,260
Acquisition costs		692
Total consideration	$	63,952

Land	$	952
Equipment		44
Building and leasehold		57,070
Power purchase agreement guarantee		3,314
VAT receivables		3,126
Other		52
Total assets		64,558
Deferred tax liability		(606	)
Net assets acquired	$	63,952