Modern Mining Technology Corp. has taken a significant step towards expanding its market presence by entering into an amended and restated agency agreement with Research Capital Corporation (RCC). This agreement, dated November 6, 2026, allows RCC to act as the company's exclusive agent to sell up to 941,176 common shares at a price of $4.25 each as part of an initial public offering (IPO).

The move is crucial for Modern Mining Technology Corp. as it seeks to bolster its financial standing and increase its visibility within the refuse systems industry. The shares will be offered to investors in the Canadian provinces of British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario, and will be qualified under the company’s Regulation A Tier 2 offering.

According to the filing, RCC is not obligated to purchase any shares but may do so at its discretion. The company will pay RCC a cash commission of 7% on the gross proceeds from the sale of the shares. Additionally, RCC will receive warrants to purchase shares equal to 2.5% of the total number of shares sold in the offering, exercisable at a price of $5.3125 per share, which is 125% of the offering price.

This IPO marks a pivotal moment for Modern Mining Technology Corp., providing a pathway for increased capital and potentially enhancing its competitive edge in the refuse systems sector. The company is also planning to apply for a listing on the NYSE American LLC, which could further elevate its profile in the market.

As part of the agreement, the company and RCC will negotiate an advisory agreement following the closing of the offering, which will include a fee of at least $50,000 and the issuance of 10,000 shares.

Modern Mining Technology Corp. operates within the refuse systems industry, which is critical for waste management and environmental sustainability. The success of this IPO could influence similar companies in the sector, as they look to raise capital and expand their operations.

The filing does not specify what steps will follow this offering, but the company is expected to move forward with its plans to enhance shareholder value and market presence.