Vancouver, BC – September 21, 2026 - TheNewswire – ("Smartwell" or the "Company") (TSXV: SMWE) announces that, further to its news release of September 8, 2026, the TSX Venture Exchange (the "TSXV") suspended trading in the Company's securities on September 8, 2026 as a result of a Cease Trade Order (the "CTO") issued by the British Columbia Securities Commission. The CTO was issued as a result of the Company's failure to file its unaudited interim financial statements for the period ended June 30, 2026, and the related management's discussion and analysis and Form 52-109FV2 CEO and CFO certifications of interim filings for this period (collectively, the "Required Filings") before the August 31, 2026 filing deadline (the "Filing Deadline").
The TSXV has advised the Company that a reinstatement to trading is not automatic. Reinstatement to trading can occur only when the CTO is revoked and the TSXV has concluded its reinstatement review to ensure the Company has satisfactorily complied with TSXV requirements. If the Company does not complete its reinstatement to Tier 2 and/or is unable to meet Tier 2 CLR by December 8, 2026, the TSXV has advised that it may transfer the securities of the Company to NEX, without further notice to the Company.
Upon completion of the Required Filings and revocation of the CTO by the British Columbia Securities Commission, the Company will submit the required materials to the TSXV requesting the reinstatement of trading. Revocation of the CTO and reinstatement of trading are expected to occur within a few days after the Required Filings are made.
About Smartwell Technology Corp.
Smartwell is a British Columbia–registered AI-powered agricultural technology company with operations across China and North America, the world’s two largest agricultural markets. Smartwell is built on a single core AI algorithmic engine, which is deployed across two application-specific platforms: the Controlled Environment Agriculture (CEA) System and the Yuntong System. The CEA System provides solutions based on AI crop growth models for high value-added agriculture with an aim to provide intelligent, efficient and environmentally friendly results for its clients, who are growers, insurance corporations, financial institutions and other agricultural enterprises, both private and government-owned. The Yuntong System employs satellite remote sensors, unmanned aerial vehicles and Agriculture IoT (Internet of Things) to analyze data employing proprietary artificial intelligence algorithms to provide relevant information affecting all relevant crop dynamics, including crop identification, crop area, crop growth, yield estimates, pest control, soil dynamics, meteorological variables and predictive forecasting.
For additional information, please contact:
Tony Chan, President
tonychan@smartwell.info
(604) 337-7800
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains certain statements that may be deemed “forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
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