Uniserve Commits to New Data Centre Facility
(TheNewswire)
Vancouver, BC: September 3, 2025 – TheNewswire -Uniserve Communications Corporation (the
“Company” or “Uniserve”) 
USS, a leading Canadian
provider of managed services, cloud, and AI-ready infrastructure, is
pleased to announce it has entered into an Offer to Lease with 369
Terminal Holdings Ltd. for a new state-of-the-art data centre
development in Vancouver, British Columbia, subject to finalizing the
terms of the lease.
Under the terms of the Offer, Uniserve will lease10,000 square feet of premium space at 369 Terminal Avenue toconstruct a 2 Megawatt facility designed to power the next wave of AIinfrastructure and the digital economy, for a total budget of$12,000,000.
The contemplated lease is for a 10-year term,underscoring Uniserve’s long-term commitment to building Canadiancompute capacity. As part of the agreement, the landlord is providinga $1,000,000 lease inducement to support the capital buildout of theadvanced facility, and a $1,000,000 forgivable loan in considerationfor 1,000,000 Warrants in the Company convertible into 1,000,000common shares at $0.60 per share for a one year term, for the buildout of the first phase which is estimated to cost approximately$6,500,000.
“This is a transformational step for Uniserve,”said Kwin Grauer, Interim CEO of Uniserve. “With this expansion, weare not only strengthening our Vancouver infrastructure but alsoadvancing our mission to provide Canadian businesses with sovereign,secure, and scalable AI infrastructure. This 2MW facility positionsUniserve at the forefront of the national AI economy.”
The new Terminal Avenue facility will serve as acornerstone in Uniserve’s national data centre expansion strategy,with additional projects under evaluation in key Canadianmarkets.
Pursuant to Multilateral Instrument 61-101 - Protectionof Minority Security Holders in Special Transactions (“MI61-101”), this transaction is considered a “related partytransaction” as the landlord is an insider of the Company. As thefair market value of the transaction is not more than 25% of theCompany’s market capitalization, this related party transaction isexempt from the formal valuation requirement of section 5.4 of MI61-101 and the minority shareholder approval requirement of section5.6 of MI 61-101.
About Uniserve
Uniserve delivers secure, reliable, and customized ITsolutions that power your business forward. With offices in Vancouver,Calgary, and Waterloo, Uniserve provides a full suite of servicesacross three core verticals: Data CentreSolutions, Managed IT Services, and Business Internet. Our data centreinfrastructure ensures maximum uptime, security, and scalability - sowhen your IT runs right, your people and your business thrive.
This news release was prepared on behalf of the Boardof Directors, which accepts full responsibility for itscontents.
Learn more at www.uniserve.com or at www.sedarplus.ca.
Kwin Grauer
Chairman of the Board
Interim CEO
For more information please call 604-395-3961 or emailcorporate.relations@uniserveteam.com.
Neither TSX Venture Exchange nor its RegulationsServices Provider (as the term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release. Management has prepared this release and noregulatory authority has approved or disapproved the informationcontained herein. The statements contained in this news release thatare not historical facts are forward looking statements. Suchstatements are based on management’s estimates, assumptions andprojections using available information. Uniserve cautions that actualfinancial results could differ materially from the currentexpectations due to a number of factors.
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