BTQ Technologies Corp announced an at-the-market equity program to offer and sell up to C$150,000,000 of its common shares. The company intends to use the net proceeds from the ATM Program for working capital purposes and to strengthen the position of its balance sheet. The net proceeds are expected to provide the company with flexibility regarding its operations and potential future acquisitions.

Sales of common shares, if any, will be made pursuant to a Controlled Equity OfferingSM Sales Agreement dated June 18, 2026. The agreement involves the company, Cantor Fitzgerald Canada Corporation as the Canadian Agent, and Cantor Fitzgerald & Co. as the U.S. Agent. Transactions will be deemed to be "at-the-market distributions" as defined in National Instrument 44-102 — Shelf Distributions or "at-the-market offerings" as defined in Rule 415 under the U.S. Securities Act of 1933, as amended.

The ATM Program is established pursuant to a prospectus supplement dated June 18, 2026 to the company's short form base shelf prospectus dated April 29, 2025, as amended on September 22, 2025. It is also established pursuant to a prospectus supplement dated June 18, 2026 to the company's U.S. base prospectus included in its registration statement on Form F-10, declared effective on September 29, 2025.

The agents are not required to sell any specific number or dollar amount of common shares but will use commercially reasonable efforts to sell shares requested by the company. The company may instruct the agents not to sell shares if sales cannot be achieved at or above the price designated by the company. There is no minimum amount of funds that must be raised under the offering, meaning the ATM Program may terminate after raising a small portion of the amount or none at all.

The ATM Program will be effective until the earliest of the issuance and sale of all common shares issuable pursuant to the program, the date the program is terminated pursuant to the terms of the Sales Agreement, or the expiry of the Canadian Base Shelf Prospectus. Cboe Canada and Nasdaq have been notified of the ATM Program, and listing of shares sold under the program will be subject to fulfilling all applicable listing requirements.

Key Details of the ATM Program

BTQ Technologies Corp. resumed trading on the Cboe CA Exchange at 10:01:46 AM ET on June 15, 2026, following a temporary suspension by the Canadian Investment Regulatory Organization (CIRO). The regulator initially halted the company's common stock under the symbol BTQ at 09:56:46 AM ET due to a Single Stock Circuit Breaker. The resumption ensures a fair and orderly market for investors.

CIRO, the national self-regulatory organization overseeing investment dealers and trading activity on debt and equity marketplaces in Canada, implements temporary suspensions to maintain market integrity. The halt was specific to BTQ Technologies Corp. and did not apply to all issues.

The decision to lift the suspension followed a review by CIRO to confirm that conditions for a fair and orderly market were restored. Investors can now trade shares of BTQ Technologies Corp. without restrictions.