Canadian provider of digital supply chain solutions for commodity markets Minehub has bought Jules AI from Toronto-based incubator Nyteco Inc. The cash and share deal comprises USD 469,806 cash, payable in two installments (USD 227,034 on closing and USD 242,772 to be completed in December 2025), and by issuing Nyteco with 2,550,960 shares at CAD 0.74 per MineHub share.

For MineHub, the deal enables it to address persistent inefficiencies by automating critical functions that span data entry to compliance.

Haywood Securities acted as financial adviser to MineHub.

The transaction remains subject to the final approval of the TSX Venture Exchange.

About Jules AI
Jules AI is a commodity agnostic platform that simplifies and fully automates tasks for companies that buy, sell and trade recycled materials and alloys by streamlining processes from order placement to payment.