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ZenaTech, Inc. (NASDAQ: ZENA) (FSE: 49Q) (BMV: ZENA) said it acquired an aggregate of 4,688,499 common shares of Route1 Inc. effective April 21, 2026, at prices ranging from $0.075 to $0.09 per share on the TSX Venture Exchange. The purchases represent approximately 10% of Route1’s outstanding common shares. ZenaTech reported that it did not own any Route1 common shares prior to the transactions.
The company said the shares were acquired for investment purposes. ZenaTech also stated that it may, in the future, participate in financings and/or acquire or dispose of securities of Route1 in the market or through private transactions, subject to factors including general market conditions and other available investment and business opportunities.
ZenaTech noted that any future actions would be subject to the factors described in items (a) to (k) of Section 5 of its Early Warning Report.
ZenaTech said a copy of the Early Warning Report filed under applicable securities laws will be available under Route1’s profile on SEDAR+ (www.sedarplus.ca).
ZenaTech is a technology company focused on AI drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions for mission-critical applications in commercial, government, and defense markets. The company said it has leveraged software development expertise since 2017 and expanded drone design and manufacturing capabilities through ZenaDrone.
ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. The company said the platform was created to support hemp farming and has expanded into multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation, and defense applications.
ZenaTech said the ZenaDrone 1000 is used for crop management in agriculture and for critical field cargo applications in the defense sector. It also said the IQ Nano indoor drone is used for inventory management and security in warehouse and logistics settings, the IQ Square is an outdoor drone designed for inspections in commercial and government sectors, and the IQ Quad is for land surveys.
Company, Investors, and Media: Linda Montgomery, ZenaTech, 312-241-1415, investors@zenatech.com
Investors: Michael Mason, CORE IR, investors@zenatech.com
ZenaTech’s release includes forward-looking statements subject to safe harbor provisions under applicable U.S. and Canadian securities laws, including the Private Securities Litigation Reform Act of 1995. The company said forward-looking information may include expectations regarding revenue, expenses, production, operations, costs, cash flows, growth, product delivery, cash needs and financing, business expansion and execution risk, industry and market risks, regulatory risks, and other risks and uncertainties described in its filings, including under the heading “Risk Factors” in its Form F-1, Form 20-F, and other SEC filings.
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