Tenet Fintech Group Inc

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Tenet Fintech Group, Inc. is an information technology portfolio management company, which engages in assembling, financing, and managing a portfolio of companies and assets in some of the tech sectors. It operates through the following segments: Fintech Platform, Financial Services, and Other. The Fintech Platform segment consists of procurement and distribution of products within supply chain or facilitating transactions in the commercial lending industry through technology platforms and the Canadian operating entities. The Financial Services segment provides commercial loans to entrepreneurs and SMEs and the activity of providing turn-key credit outsourcing services to banks and other lending institutions. The Other segment includes activity and unallocated portion of the Canadian parent company's services and all non-operating holdings registered in Hong Kong and China. The company was founded on May 13, 2008 and is headquartered in Toronto, Canada.

Verdun, Québec--(Newsfile Corp. - August 1, 2023) - Liang Qiu, a director of Tenet Fintech Group Inc. (the "Company") and the Chief Executive Officer of the Company's Chinese Operations (111 Robert-Bourassa Blvd., Suite 1500, Montreal, Québec H3C 2M1), acquired ownership and control of 1,000 units of the Company (705 - 119 Spadina Ave.

Liang Qiu Provides Update on Interest in Tenet Fintech Group

Toronto, Ontario--(Newsfile Corp. - August 1, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider and operator of the Cubeler® Business Hub, further to its press release of June 29, 2023 in which it disclosed an intention to complete financings for gross proceeds of up to $20,000,000 (the "Financing"), is pleased to announce that it has issued and completed a first tranche closing of the Financing (the "First Tranche Closing") with the sale of 2,598 units (the "Units") comprised of convertible debentures and warrants by way of non-brokered private placement financing at a price of $1,000 per Unit for gross proceeds of approximately CAD$2,598,000. In addition, the Company has entered into subscription agreements [on the same terms] with certain investors for the sale of an additional 8,000 Units for gross proceeds of an additional approximately CAD$8,000,000 (the "Second Tranche Closing") and expects to receive the funds associated with the Second Tranche Closing by August 18, 2023, at which time Tenet expects to complete the Second Tranche Closing of the Financing.

Tenet Closes First Tranche of CAD$2.59M of Private Placement of Convertible Debenture Units

Toronto, Ontario--(Newsfile Corp. - July 4, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider and operator of the Cubeler® Business Hub, further to its press release of June 29, 2023, is pleased to announce the appointment of Jean Leblond to the Board of Directors, effective immediately. Paramount to the success of Tenet in the next six to twelve months will be developing and implementing an effective capital market and funding strategy to allow the Company to continue to build and expand its Business Hub and commercialize its analytics and data-driven product offerings.

Tenet Announces Director, Executive Officer and Board Committee Appointments

Toronto, Ontario--(Newsfile Corp. - Le 3 juillet/July 2023) - Tenet Fintech Group Inc. 7JULY2023 Warrants listed on July 26, 2021 will expire on July 7, 2023. Settlement Terms: All trades July 5 and 6 will settle for cash next day.

CSE Bulletin: Expiry - Tenet Fintech Group Inc. 7JUL2023 Warrants (PKK.WT)

Toronto, Ontario--(Newsfile Corp. - June 29, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider and operator of the Cubeler® Business Hub, today provided the corporate update below following the Company's annual meeting of shareholders held on June 27, 2023 (the "Meeting"). This press release is being furnished at the request of the Canadian Securities Exchange (the "CSE").

Tenet Provides Corporate Update Following Annual Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler® Business Hub, today announced the results of its annual meeting of shareholders (the "Meeting") held yesterday, June 27, 2023 at 10:00am EST. The Company is pleased to report that at the Meeting, the shareholders resolved that the number of directors to be elected would be three, resolved to appoint Raymond Chabot Grant Thornton LLP as auditors of the Company and elected Johnson Joseph, Liang Qiu and Mayco Quiroz to the Board of Directors.

Tenet Announces Resignations, Results of Shareholder Meeting

Toronto, Ontario--(Newsfile Corp. - June 22, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler® Business Hub, announced today that it has closed the second tranche ("Second Tranche Offering") of a non-brokered private placement financing pursuant to which it has issued 4,291,846 units at a price of $0.1165 per unit for gross proceeds of $500,000.06. The Second Tranche Offering is part of a non-brokered private placement financing where the Company may sell units for proceeds of up to $3,000,000 (the "Offering").

Tenet Closes Second Tranche of Private Placement of up to CAD$3M

Toronto, Ontario--(Newsfile Corp. - June 19, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), a fintech technology and data services provider and operator of the Cubeler® Business Hub, today announces that it was made aware of certain statements provided to some of the Company's shareholders. The special committee of the board of directors of Tenet (the "Special Committee") believes it needs to address these allegations in light of Tenet's upcoming annual general meeting to be held on Tuesday, June 27th, 2023 at 10:00 am ET (the "AGM").

Tenet Special Committee Addresses Inaccurate Information Shared by Dissident Shareholders

Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler® Business Hub, announces today, as part of its ongoing cost streamlining process, that the Company has further reduced the cost of running the Company's Canadian operations on a go-forward basis to a total of approximately 60%. Tenet's Management also encourages the Company's shareholders to vote for Management's nominees for election to Tenet's board of directors.

Tenet Announces Further Cost Reductions and Encourages Shareholders to Vote for Management's Nominees for Election to the Board

Toronto, Ontario--(Newsfile Corp. - June 7, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler® Business Hub, announces today that it has reviewed the dissident proxy circular (the "Dissident Proxy Circular") from a group of shareholders (the "Dissident Shareholders") which proposes an alternative slate of directors (the "Dissident Shareholders' Nominees") for the Company's board of directors (the "Board"). The Dissident Shareholders' Nominees include, among others, Mr.

Tenet Comments on Dissident Proxy Circular; Encourages Shareholders to Vote for Management's Nominees for Election to the Board; Proposed Slate from Dissident Shareholders Fundamentally Flawed

Toronto, Ontario--(Newsfile Corp. - June 7, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler® Business Hub, announced today that it has sold 2,142,858 units at a price of $0.14 per unit for gross proceeds of $300,000.12, representing the first tranche (the "First Tranche Offering") of a non-brokered private placement financing where the Company may sell units for proceeds of up to $3,000,000 (the "Offering"). Each unit sold (a "Unit") is comprised of one common share of the Company (each, a "Common Share") and one common share purchase warrant (each, a "Warrant") to purchase one Common Share at a price of $0.175 per share any time prior to June 7, 2025, subject to certain terms and conditions.

Tenet Closes First Tranche of Private Placement of up to CAD$3M

TORONTO, ON / ACCESSWIRE / June 5, 2023 / A group of five longstanding shareholders of Tenet Fintech Group Inc. (CSX:PKK) ("Tenet" or the "Company") who currently own approximately 8% of the Company's shares (the"Concerned Shareholders") are leading an initiative to replace certain members of Tenet's Board, who they hold responsible for the recent chaotic events that have taken place at Tenet and have eroded the Company's value. The Concerned Shareholders are nominating three highly qualified individuals at the annual general meeting of shareholders (the "Meeting") to be held on June 27, 2023 at 10:00 am (EDT) to help Tenet reach the potential that attracted and convinced most shareholders to invest in the Company.

Concerned Shareholders of Tenet Fintech Group Inc. Issue Information Circular and Nominate Directors for Company's Upcoming Annual Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler™ Business Hub, announced today that it intends to complete a non-brokered private placement financing of units of the Company ("Unit") for proceeds of up to $3,000,000 (the "Offering"), conducted in tranches of a minimum of $300,000 per tranche over a period of six months. The First Tranche Offering will be comprised of 2,142,858 Units.

Tenet Announces Private Placement of up to CAD$3M

Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler™ Business Hub, today announced its financial results and operating highlights for the three-month period ended March 31, 2023. Similar to the fourth quarter of 2022, the first quarter of 2023 was a difficult one in China from an economic standpoint.

Tenet Reports First Quarter 2023 Financial Results

Toronto, Ontario--(Newsfile Corp. - May 19, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler™ Business Hub, announces today that the Company's focus continues to be the development of the Business Hub, completing a full review of technology development and viability in the Canadian operations, in addition to streamlining operations, senior management and costs to better reflect the venture the Canadian business represents. Ms. Penhale, Interim CEO and Chair of the Tenet Board of Directors, stated that "Since April 28, 2023, the Company has reduced monthly expenses initially by approximately 25% with a goal of reaching over a 40% to 50% reduction in the near term.

Tenet Announces Further Streamlining and Cost Reductions; CFO Leaving Company

Toronto, Ontario--(Newsfile Corp. - May 8, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler™ Business Hub, announces today that Carol Penhale, the Company's Chair, has been appointed Interim CEO, while the Board remains committed in its on-going focus on securing financing for the Company. Ms. Penhale will act as the Interim-CEO for a period of three months while the Company's search continues for permanent Chief Executive Officer candidates since Mr.

Tenet Announces On-Going Commitment to Securing Financing; Board Chair Carol Penhale Appointed as Interim CEO While Search for Permanent CEO Candidates Underway

Toronto, Ontario--(Newsfile Corp. - May 3, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), is an innovative fintech technology services provider and operator of the Cubeler™ Business Hub. The brokered private placement of unsecured convertible debentures for aggregate gross proceeds of a minimum of $5,000,000 and a maximum of $25,000,000 led by Research Capital Corporation ("RCC"), announced on March 16, 2023 and amended on April 24, 2023, was unilaterally terminated by RCC.

Private Placement with Research Capital Corporation Terminated; Tenet in Discussions with other Potential Investors

Toronto, Ontario--(Newsfile Corp. - May 1, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler™ Business Hub, announces plans for streamlining operations today. "The Independent Directors reaffirm our commitment to act in the best interests of the Company, provide oversight and guidance for management, in addition to continuing to comply with all statutory requirements and enhancing corporate governance," stated Carol Penhale, Chair of the Board.

Acting CEO of Tenet Announces Plans for Streamlining Operations

Toronto, Ontario--(Newsfile Corp. - April 28, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative fintech technology services provider and operator of the Cubeler™ Business Hub, announced today that Johnson Joseph has left the Company effective immediately. The Board has appointed Raji Wahidy as Chief Operating Officer and Acting Chief Executive Officer.

CEO Johnson Joseph Leaves Tenet Fintech Group Inc.; Board Appoints Raji Wahidy as COO and Acting CEO

Featuring $109 Million in Revenue and Launch of Business Hub in Canada Toronto, Ontario--(Newsfile Corp. - April 3, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative AI service provider and operator of the Business Hub, today announced its financial results for the year ended December 31, 2022. The Company reported revenues of $109.87 million, a negative adjusted EBITDA of $6.88 million and a net loss of $53.0 million for the year.

Tenet Reports Year-End 2022 Financial Results

***** NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ***** Toronto, Ontario--(Newsfile Corp. - March 16, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative artificial intelligence (AI) service provider and operator of the Business Hub™, today announced that it has entered into an engagement letter (the "Engagement Letter") with Research Capital Corporation ("RCC" or the "Agent") dated March 15, 2023 in connection with a private placement offering (the "Offering") of a minimum of 1,000 units and a maximum of 2,500 units of non-secured convertible debentures for gross proceeds of a minimum of $10,000,000 and a maximum of $25,000,000. Pursuant to the Engagement Letter, RCC will act as lead agent and sole bookrunner on a best-efforts basis for the Offering.

Tenet Announces Brokered Private Placement of Unsecured Convertible Debentures for Gross Proceeds of Up to $25,000,000

Toronto, Ontario--(Newsfile Corp. - February 1, 2023) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative AI service provider and operator of the Business Hub™, today announced that it has sold 351 units for gross proceeds of CAD$3,510,000, representing the second tranche of a private placement financing where the Company may sell up to 700 units for gross proceeds of CAD$7,000,000 (the "Financing").

Tenet Closes Second Tranche of Private Placement of up to CAD$7M Non-Secured Convertible Debenture Financing Ahead of Pending Prospectus Offering

Toronto, Ontario--(Newsfile Corp. - 23 décembre 2022) - Le Groupe Tenet Fintech Inc.

Tenet annonce un financement par placement privé d'un maximum de 7 M$ par débentures convertibles non garanties en attendant son offre publique par prospectus

Toronto, Ontario--(Newsfile Corp. - December 23, 2022) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative AI service provider and operator of the Business Hub™, today announced that it has sold 308 units for gross proceeds of CAD$3,080,000 in the first round of a private placement financing where the Company may sell up to 700 units for gross proceeds of CAD$7,000,000 (the "Financing").

Tenet Announces Private Placement of up to CAD$7M Non-Secured Convertible Debenture Financing Ahead of Pending Prospectus Offering

Toronto, Ontario--(Newsfile Corp. - December 8, 2022) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative artificial intelligence (AI) based financial service provider and operator of the Business Hub™, today announced its expansion into North America with the November 30th launch of the Cubeler Business Hub™ in Canada with almost 5,000 pre-registered small and medium-sized enterprises (SMEs).

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