News Release For Early Warning Report Regarding Carrier Connect Data Solutions Inc.
(TheNewswire)
Vancouver, British Columbia, March 3,2026 – TheNewswire– Mark Binns of Vancouver, British Columbia,today announced that he has acquired ownership of 12,500 common shares(the “Common Shares”) in the issued and outstanding capital ofCarrier Connect Data Solutions Inc. (the“Company”) on the secondary market for anaggregate purchase price of $18,570 (the“Acquisition”).
As previously announced by the Company, on February 26,2026, the Company issued Common Shares from treasury (the“Issuance”). Following the Issuance, the beneficial ownership ofMr. Binns in the Common Shares, being the securities subject to themost recent report required to be filed by Mr. Binns in respect of theCompany under National Instrument 62-104 – Take-Over Bids and IssuerBids and National Instrument 62-103– The Early Warning Systemand Related Take-Over Bid and Insider Reporting Issues (“NI 62-103”), fell by over 2% of the issued andoutstanding Common Shares (the “Dilution”). The Dilution arosesolely as a result of the Issuance without any action being taken byMr. Binns. Mr. Binns was exempt from the early warning requirementspursuant to Section 6.1(2) of NI 62-103 at the time of the Issuanceand resulting Dilution. As a result of the Acquisition, Mr. Binns mayno longer rely on the exemption under Section 6.1(2) of NI62-103.
Immediately prior to completion of the Acquisition, Mr.Binns had ownership of 1,990,656 Common Shares and 870,000 stock options (“Options”), witheach Option entitling Mr. Binns to acquire one Common Share,representing approximately 6.2% of theissued and outstanding Common Shares (or 8.9% on a partially dilutedbasis). Following completion of the Acquisition,Mr. Binns has ownership of 2,003,156Common Shares and 870,000 Options, representingapproximately 6.3% of the issued and outstanding Common Shares(or 8.97% on a partially diluted basis).Accordingly, Mr. Binns is no longer subject to the early warningreporting requirements in respect of the Company, as Mr. Binns hasfallen below the 10% reporting threshold.
The Acquisition was made for investment purposes. Inaccordance with applicable securities laws, Mr. Binns may, from timeto time and at any time, acquire additional shares and/or otherequity, debt or other securities or instruments (collectively,“Securities”) of the Company in the open market or otherwise, andreserves the right to dispose of any or all of his Securities in theopen market or otherwise at any time and from time to time and toengage in similar transactions with respect to the Securities, thewhole depending on market conditions, the business and prospects ofthe Company and other relevant factors.
The early warning report relating to the transactionscontemplated hereby will be filed on the System for ElectronicDocument Analysis and Review under the Company’s profileon www.sedarplus.com.
For more information, or to obtain acopy of the subject early warning report, please contact:
Attention: Mark Binns, CEO
Email: mark@carrierconnectds.com
Copyright (c) 2026 TheNewswire - All rights reserved.
NASDAQ: CCDSF
CCDSF Trading
0.0% G/L:
$0.90 Last:
200 Volume:
$0.90 Open:



