***NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES.*** Vancouver, British Columbia - Newsfile Corp. - February 10, 2026 - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company"), a Canadian company building advanced AI developer and agentic platforms, announces that Mike Lazaridis, co-founder of Research In Motion (now known as BlackBerry), has joined Railtown's Advisory Board and along with fellow co-founder Doug Fregin, is leading a $3.4 million private placement in Railtown (the "Private Placement"), further supporting the company's growth and mission to develop Canadian AI talent and technology. The Private Placement consists of up to 11,333,334 units of the Company (each, a "Unit") at a price of $0.30 per Unit, with each Unit comprised of one common share in the capital of Railtown (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable into one (1) Share at a price of $0.45 per Share for a period of 18 months from the date of issuance, subject to acceleration in certain limited circumstances. Mr. Lazaridis and Mr. Fregin are two of Canada's most accomplished technology entrepreneurs who pioneered the modern smartphone industry. They grew Research In Motion from a startup into one of Canada's most successful technology companies with $19 billion in annual revenues, 18,000 employees worldwide, and a peak market value of $68 billion. Railtown's mission, through its Agent Development Platform and collaborations with TELUS and other Canadian AI data hosting providers, is to create a Canadian-focused AI development and deployment ecosystem which aligns closely with both Mr. Lazaridis' and Mr. Fregin's long-standing commitment to building and retaining world-class technology talent in Canada. "Canada develops exceptional talent, but too many feel they have to leave the country to pursue meaningful opportunities," said Mr. Lazaridis. "It's critical that we build companies, platforms, and ecosystems here that allow Canadians to innovate, grow, and compete globally. Railtown is building foundational AI technology in Canada, and I'm excited to support that vision." In addition to their entrepreneurial achievements, both Mr. Lazaridis and Mr. Fregin have been a driving force behind Canada's leadership in advanced science and deep technology. Between the two of them, they are founding partners of Quantum Valley Investments, the Institute for Quantum Computing, the Perimeter Institute for Theoretical Physics, and Quantum Valley Ideas Lab - institutions that have helped position Canada as a global centre for quantum research and commercialization. Railtown's focus on Canadian AI sovereignty, including secure, transparent, developer-centric AI infrastructure and agent platforms, closely reflects these values. "Having spent time working in Silicon Valley, I've seen firsthand how powerful a strong technology ecosystem can be," said Cory Brandolini, CEO of Railtown. "In the Valley, many of the most successful founders lead by example-actively investing in the next generation of startups, sharing hard-earned experience, and providing valuable advisory insight. That culture of reinvestment is a major reason the ecosystem continues to thrive." "Mike and Doug's decision to invest in Railtown sends a powerful signal about what's possible when experienced Canadian founders support the next wave of innovation. This investment, along with Mike's involvement on the Advisory Board will add invaluable strategic guidance, reinforcing Railtown's mission to build a globally competitive AI company from Canada." As described above, the Warrants issuable in Private Placement are subject to acceleration such that if, during a period of 10 consecutive trading days prior to their expiry date, the daily volume-weighted average trading price of the Shares on the Canadian Securities Exchange (the "CSE") or such other stock exchange where the majority of the trading volume occurs, exceeds $0.90 for each of those 10 consecutive days, the Company may, within 30 days of such an occurrence, give written notice to the holders of the Warrants that the securities will expire at 5:00 p.m. (Vancouver time) on the 30th day following the giving of notice unless exercised by the holders prior to such date. Any Warrants which remain unexercised at 5:00 p.m. (Vancouver time) on the 30th day following the giving of such notice will expire at that time. The Company intends to use the proceeds of the Private Placement for general working capital purposes and may pay finder's fees to eligible finders in the form of cash and/or common share purchase warrants. The Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the CSE. All securities issued in connection with the Private Placement will be subject to a standard hold period of...