Universal Digital Inc. Announces Voluntary Shareholder Lock-Ups

Vancouver, British Columbia--(Newsfile Corp. - June 10, 2025) - Universal Digital Inc. (CSE: LFG) (FSE: 8R20) (the "Company") is pleased to announce that certain shareholders of the Company have entered into voluntary share lock-ups with respect to an aggregate of 11,461,000 common shares of the Company. These lock-ups demonstrate a strong alignment between the Company's long-term strategic objectives and shareholder commitment.

Under the terms of the voluntary lock-up agreements, the restricted shares will be subject to staged releases over a 12-month period commencing on July 31, 2025. The release schedule is as follows:

Release Date	% of Shares Released	Shares Released
July 31, 2025	15%	1,719,150
October 31, 2025	15%	1,719,150
January 31, 2026	25%	2,865,250
April 30, 2026	25%	2,865,250
July 31, 2026	20%	2,292,200

 

These voluntary restrictions complement existing escrow arrangements and contractual transfer restrictions entered into as part of the Company's recent transactions. In total, approximately 63% of the Company's outstanding shares are now subject to transfer restrictions.

"This voluntary lock-up reflects the confidence of our shareholders in the long-term vision of Universal Digital," said Tim Chan, CEO of Universal Digital. "We believe this measure will contribute to a stable capital structure as we continue to execute our growth strategy."

Engagement of SnowBridge Limited

On June 3, 2025, Universal Digital announced that it had engaged SnowBridge Limited, to support digital reach. The consulting agreement is dated June 2, 2025 and the online marketing and awareness services began on that date. The services may be terminated by the Company without notice.

The promotional activities are being led by:

SnowBridge Limited
71-75 Shelton Street, London, WC2H 9JQ, United Kingdom
Email: info@snowbridge.link
Tel: +44 20 3807 0751

SnowBridge has no prior relationship with the Company and does not hold any securities of the Company. Pursuant to the agreement, SnowBridge has been retained to deliver digital marketing and investor awareness services, which may include online advertising, content distribution, social media engagement, and outreach to investors. The agreement provides for a maximum marketing budget of up to C$500,000, with all services and expenditures subject to the Company's prior approval. No securities, options, or other equity-based compensation have been or will be granted in connection with this engagement.

About Universal Digital Inc.

Universal Digital Inc. is a Canadian investment company focused on digital assets, businesses and private and publicly listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies and cryptocurrency technologies. The Company aims to provide shareholders with long-term capital growth through a diversified investment approach, and to participate in the transformation of global finance through the integration of digital asset strategies.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255051