VANCOUVER, British Columbia – March 26, 2025 – TheNewswire - Carrier Connect Data Solutions Inc. (formerly Hopefield Ventures Two Inc.) (TSX.V:CCDS) (the “Company”) reports that Thinsolution Inc. (“Thinsolution”), a private company controlled by Johan Arnet, a director and Chief Technology Officer of the Company, transferred 1,000,000 common shares in the issued and outstanding capital of the Company (the “Escrowed Shares”), that are currently subject to the TSX Venture Exchange Form 5D – Value Security Escrow Agreement dated February 14, 2025 (the “Escrow Agreement”), entered into pursuant to the policies of the TSX Venture Exchange (the “Exchange”), to Mark Binns, a director and Chief Executive Officer of the Company (the “Transfer”), pursuant to the terms of an escrow share transfer agreement between Thinsolution and Mr. Binns dated March 11, 2025. Following completion of the Transfer, the Escrowed Shares remain subject to the Escrow Agreement. The Board of Directors of the Company and the Exchange have approved the Transfer.

 

Early Warning Disclosure

 

Following completion of the Transfer, Thinsolution has ownership and control over 1,880,000 common shares of the Company, representing approximately 16.68% of the Company’s current issued and outstanding common shares (the “Common Shares”). Prior to completion of the Transfer, Thinsolution had ownership and control over 2,880,000 Common Shares, representing approximately 25.56% of the Common Shares. Thinsolution does not currently have any plan to acquire or dispose of additional securities of the Company. However, Thinsolution may acquire additional securities of the Company, dispose of some of the existing or additional securities it holds or will hold, or may continue to hold its current position, depending on market conditions.

 

Following completion of the Transfer, Mr. Binns has ownership and control over 1,621,656 Common Shares, representing approximately 14.39% of the Common Shares. Prior to completion of the Transfer, Mr. Binns had ownership and control over 621,656 Common Shares, representing approximately 5.52% of the Common Shares. Mr. Binns does not currently have any plan to acquire or dispose of additional securities of the Company. However, Mr. Binns may acquire additional securities of the Company, dispose of some of the existing or additional securities it holds or will hold, or may continue to hold its current position, depending on market conditions.

 

Thinsolution and Mark Binns will file the early warning reports on www.sedarplus.ca. Copies of either report can also be obtained from Thinsolution Inc. or Mark Binns, as applicable, through Carrier Connect Data Solutions Inc., Suite 2200 – 885 West Georgia Street, Vancouver, B.C. V6C 3E8; Telephone: (604) 681-0084.

 

About Carrier Connect Data Solutions Inc.

 

The Company operates a Tier II/III data center located in downtown Vancouver, British Columbia, and specializes in delivering co-location and data center solutions to service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral facility, Company’s systems are fully independent and owned outright within its leased space. The current principal market for the Company is the Vancouver Metropolitan Area, where it serves clients who use its facility either as their primary datacenter or as an ancillary site depending on their needs.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

“Mark Binns”

 

Mark Binns, CEO

 

For further information, please contact:

Attention: Mark Binns, CEO

Email: mark@carrierconnectds.com  

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

 

Cautionary Statement Regarding Forward-Looking Information

 

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Such forward-looking information is based on numerous assumptions, including among others, that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information also involves known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, reliance on key management and other personnel, and the risk factors with respect to the Company set out in the Company’s filings with the Canadian securities regulators and available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

 

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.