ZenaTech Announces Approval to List Common Shares on the Nasdaq Capital Market

ZenaTech Announces Approval to List Common Shares on the Nasdaq Capital Market

TORONTO, Ontario – ZenaTech, Inc. (Nasdaq: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, today announced that its common shares have been approved for listing on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “ZENA”.

ZenaTech’s common stock is expected to begin trading on October 1st2024.

“A listing on Nasdaq represents a significant achievement for ZenaTech and will help advance the development of our drone solutions, integrating software and hardware innovation, for inspection, monitoring, compliance, field service and other applications for which we have customer interest,” thus CEO, Dr. Shaun Passley Ph.D. “We believe that access to the public capital markets will act as a positive catalyst for the company’s growth, enabling organic growth, strategic acquisitions and acceleration of ZenaDrone’s manufacturing and distribution plans.”

Maxim Group LLC acted as the exclusive financial advisor to ZenaTech in connection with the direct listing.

A copy of the prospectus relating to the registration statement is available on the SEC website or by visiting the Investors section of ZenaTech’s website.

About ZenaTech

ZenaTech (Nasdaq: ZENA) is a technology company specializing in AI drone solutions and enterprise SaaS solutions for mission-critical enterprise applications. Since 2017, the company has leveraged its software development expertise and expanded its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance and field service processes. With more than 100 enterprise software customers using our branded solutions in the law enforcement, government and industrial sectors, and drones deployed across these sectors, plus the agricultural, defense and logistics sectors, ZenaTech helps drive exceptional operational efficiencies and cost savings . The company operates through six offices in North America, Europe and the UAE, and a growing global partner network.

About ZenaDrone

ZenaDronea wholly owned subsidiary of ZenaTech, develops and produces autonomous business drone solutions that can integrate machine learning software, AI, predictive modeling and other software and hardware innovations. Created to revolutionize the hemp farming sector, the specialization has evolved into multi-functional drone solutions for industrial surveillance, monitoring, inspection, tracking and process automation, utilizing the ZenaDrone 1000 drone and the IQ series of drone products for indoors.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration. or qualification under the securities laws of any such state or jurisdiction.

Contacts for more information:

Company, investors and media:

Linda Montgomery

ZenaTech

312-241-1415

(email protected)

Investors:

Michael Mason

CORE IR

(email protected)

Customers:

(email protected)

Safe haven

This press release and related comments from ZenaTech, Inc. management. contain “forward-looking statements” within the meaning of the U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘plan’, ‘anticipate’, ‘seek’, ‘seek’, ‘is/ likely,” “believe,” “estimate,” “predict,” “potential,” “continue” or the negative of these terms or other similar terminology intended to identify forward-looking statements. Forward-looking information contained herein includes, but is not limited to, ZenaTech’s expectations regarding its revenues, expenses, production, operations, costs, cash flows and future growth; •expectations regarding future production costs and capacity; the intention to complete the listing of ZenaTech’s common shares on an exchange; ZenaTech’s expectations regarding its revenues, expenses and operations; ZenaTech’s anticipated cash needs and the need for additional financing; ZenaTech’s intention to grow the business and its operational and execution risk; expectations regarding future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, fiscal, security and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulties in predicting industry trends; the ability to hire key personnel; the competitive conditions of the industry and ZenaTech’s competitive and business strategies; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt; investment capital and market share; changes in target markets; market uncertainty; ability to access additional capital; managing growth (plans and timing for expansion); patent infringement; dispute; applicable laws, regulations and any changes affecting ZenaTech’s business.

Forward-looking statements are based on certain assumptions and analyzes made by ZenaTech management in light of its experience and understanding of historical trends and current conditions and other factors that management believes are appropriate to consider and are subject to risks and uncertainties. Although ZenaTech management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and actual results could differ materially from the forward-looking information presented. Given these risks and uncertainties underlying the assumptions made, potential purchasers of ZenaTech’s securities should not place undue reliance on these forward-looking statements.

Furthermore, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, ZenaTech undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such a statement is made or to reflect the occurrence of unexpected events. New factors emerge from time to time, and it is not possible for management to predict all of these factors and to estimate in advance the impact of each of these factors on ZenaTech’s business, or the extent to which any factor, or a combination of factors, could have an actual impact on ZenaTech’s business activities. results may differ materially from those contained in any forward-looking statement. Potential investors should read this document with the understanding that ZenaTech’s actual future results may differ materially from what is currently expected.