SuperQ Quantum Computing Inc. (Formerly, Atco Mining Inc.) Completes Fundamental Change

(TheNewswire)

Vancouver, British Columbia, July 7, 2025 –TheNewswire - SuperQ Quantum Computing
Inc. (formerly, Atco MiningInc.) (CSE: QBTQ; OTC: ATMGF; Frankfurt:QP9) (the “Resulting
Issuer” following completion of the
Transaction (as defined herein), or prior to the Transaction,
“Atco”) is pleased to announce that it has
completed its previously announced asset acquisition (the
“Transaction”) of the software platform known as “Super”
(“Super”) from Staque Computing FZ-LLC (“Staque”).

Super removes the technical barrier for organizations
and individuals to practically use quantum computing and
supercomputing. It combines quantum annealing, gate-based quantum
computing and high performance computing to solve science and
industry's most challenging problems, all with a ChatGPT like chat
experience. By automating complex problem solving and dynamically
orchestrating computations across classical and quantum resources,
Super removes traditional computational bottlenecks and enables
organizations to solve high-stakes optimization challenges with
unmatched efficiency.

Super aims to revolutionize the way government
agencies, Fortune 500 enterprises, SMEs, research institutions and
retail users process, analyze and address complex computational
challenges related to their operations and R&D (research and
development). The technology offers speed, scalability and security,
effectively bridging the gap between traditional computing limitations
and the demands of industries at the forefront of innovation.

Super's proprietary solutions are designed to cater to
organizations grappling with complex decision making across various
sectors. From manufacturers running advanced simulations to energy
conglomerates analyzing intricate data sets, and from life sciences
institutions accelerating R&D to financial institutions protecting
sensitive data, Super empowers these entities to push the boundaries
of what is possible. For individuals, Super enables experimentation
with and utilization of quantum and supercomputing without
understanding the intricacies of these technologies.

Unlike pure quantum computing providers, Super offers a
hybrid approach, seamlessly integrating AI-driven (artificial
intelligence) optimization, high performance classical computing (HPC)
and quantum computing under a unified platform. Super autonomously
analyzes, decomposes and optimizes complex problems by intelligently
leveraging natural language processing (NLP), AI-driven decision
making and hybrid computing architectures. This ensures that each
problem is solved using the most efficient computational method,
balancing speed, accuracy and feasibility across classical and quantum
resources.

"We intend to create quantum
computing's ChatGPT moment," said Dr. Muhammad Khan - CEO of
SuperQ Quantum, former Silicon Valley entrepreneur, professor and
Cambridge graduate. "Just as ChatGPT democratized AI for millions
of users, Super is intended to put quantum and supercomputing’s
power into the hands of every business and researcher. AI was around
and useful long before Large Language Models (LLM’s), but it
didn’t become mainstream until users were able to interact with it
in human language. Super intends to enable exactly this for quantum
computing."

Overview of Transaction

Trading in the common shares of Atco was previously
halted on March 21, 2025 at the request of Atco in connection with the
announcement of the Transaction, which transaction constitutes a
“Fundamental Change” pursuant to the policies of the Canadian
Securities Exchange (the “CSE” or “Exchange”). Trading
in the common shares of the Resulting Issuer (the “Resulting Issuer Shares”) is expected to commence on the CSE on July 10, 2025
under the symbol “QBTQ”, following the issuance by the CSE of its
final bulletin in respect of the Fundamental Change.

Pursuant to the Transaction, Atco acquired Super in
exchange for the issuance of an aggregate of 10,000,000 Resulting
Issuer Shares to Staque (the “Consideration Shares”). Immediately prior to
the closing of the Transaction, Atco consolidated its issued and
outstanding common shares on a ten (10) for one (1) basis (the
“Consolidation”) and changed its name to “SuperQ Quantum Computing
Inc.” (the “Name
Change”). After giving effect to the
Consolidation and the Name Change, the new CUSIP number for the
Resulting Issuer Shares is 14446B108 and the new ISIN is
CA14446B1085.

Upon closing of the Transaction, Etienne Moshevich
resigned as Interim-CEO and Director, Brian Shin resigned as Corporate
Secretary and Director and each of Alexander Klenman and Christopher
Robert Cooper resigned as Directors. Accordingly, the Board of
Directors and management of the Resulting Issuer have been
reconstituted as follows:

Biographical descriptions of each director and member
of the senior management team of the Resulting Issuer is included in
the Listing Statement which is available on the Resulting Issuer’s
SEDAR+ profile.

Further details of the Transaction, including
biographical descriptions of each director and member of the senior
management team of the Resulting Issuer, are included in the listing
statement of the Resulting Issuer dated July 7, 2025 which was
prepared in accordance with the requirements of the CSE and is filed
under the Resulting Issuer’s issuer profile on SEDAR+ at
www.sedarplus.ca.

Finder’s Fees

In connection with the completion of the Transaction,
the Resutling Issuer issued an aggregate of 1,000,000 Resulting Issuer
Shares (“Fee
Shares”) to two arm’s length third-parties
(the “Finders”) who assisted with the Transaction.

Capitalization

Upon completion of the Transaction, Staque holds
10,000,000 Resulting Issuer Shares representing approximately 37.8% of
the outstanding Resulting Issuer Shares, the Finders hold 1,000,000
Resulting Issuer Shares, representing approximately 3.8% of the
outstanding Resulting Issuer Shares and the
pre-Transaction shareholders of the Resulting Issuer continue to hold
15,465,585 Resulting Issuer Shares, representing approximately 58.4%
of the outstanding Resulting Issuer Shares. For the purposes of the
Transaction, the Consideration Shares issued in exchange for Super
were valued at $0.20 per share. The Consideration Shares are subject
to escrow in accordance with the policies of the
Canadian Securities Exchange (“CSE”), as well as a
four-month-and-one-day statutory hold period imposed by Canadian
securities laws. The Fee Shares are also subject
to a four-month-and-one-day statutory hold
period imposed by Canadian securities laws.

Early Warning Disclosure

In connection with the Transaction, Staque (the
“New Insider”), a company controlled by
Dr. Muhammad Khan (the CEO and a Director of the
Resulting Issuer) was issued 10,000,000
Resulting Issuer Shares. Following the Transaction, the New Insider
owns or controls 10,000,000 Resulting Issuer Shares representing
approximately 37.8% of the
issued and outstanding Resulting Issuer Shares. The New Insider holds
the Resulting Issuer Shares for investment purposes, and may evaluate
such investment on an ongoing basis and subject to various factors
including, without limitation, the Resulting Issuer’s financial
position, the price levels of the Resulting Issuer Shares, conditions
in the securities markets and general economic and industry
conditions, the Resulting Issuer’s business or financial condition,
and other factors and conditions that the New Insider may deem
appropriate. The New Insider may increase, decrease or change his
ownership over the Resulting Issuer Shares or other securities of the
Resulting Issuer.

A copy of the Early Warning Report with additional
information in respect of the foregoing matters will be filed by
Staque on www.sedarplus.ca under the Resulting Issuer’s profile.
For further information, including a copy of the Early Warning Report,
please contact the Resulting Issuer at 340 Midpark Way SE, Calgary,
AB T2X 1P1, Canada and by phone at +1 587 889 1918.

Further Information

All information contained in this press release with
respect to Atco, Super and the Resulting Issuer was supplied by the
applicable party for inclusion herein, without independent review by
the other parties, and each party and its directors and officers have
relied on the other parties for any information concerning the other
parties. Investors are cautioned that, except as to be disclosed in
the Listing Statement prepared in connection with the Transaction, any
information released or received with respect to the Transaction may
not be accurate or complete and should not be relied upon. Trading in
the securities of the Resulting Issuer should be considered highly
speculative.

For further
information contact:

Dr. Muhammad Khan, CEO of SuperQ Quantum
Computing Inc.

Email: partners@superq.co

Telephone: +1 587 889 1918

www.superq.co       

Cautionary Statement RegardingForward-Looking Information

This press release contains forward-looking informationwithin the meaning of Canadian securities legislation. Forward-lookinginformation generally refers to information about an issuer’sbusiness, capital, or operations that is prospective in nature. Anystatements that are contained in this pressrelease that are not statements of historical fact may be deemed to beforward-looking information. Forward-looking information is oftenidentified by terms such as “may”, “should”, “anticipate”,“would”, “will”, “estimates”, “believes”,“intends” “expects” and similar expressions which are intendedto identify forward-looking information. More particularly and withoutlimitation, this press release contains forward-looking informationconcerning statements with respect to future plans of the ResultingIssuer, the development, operation and commercialization of Super,final approval of the Transaction and trading in the Resulting IssuerShares. The Resulting Issuer cautions that all forward-lookinginformation is inherently uncertain, and that actual performance maybe affected by a number of material factors, assumptions andexpectations, many of which are beyond the control of the ResultingIssuer, including expectations and assumptions concerning Super, thetimely receipt of all required approvals (as applicable), includingthe final acceptance of the CSE, the trading date of the ResultingIssuer Shares, as well as other risks, uncertainties, and assumptions,including but not limited to assumptions regarding prevailing marketconditions and general business, economic, competitive, political andsocial uncertainties to develop the forward-looking information inthis press release. There can be no assurance that such informationwill prove to be accurate, as actual results and future events coulddiffer materially from those anticipated in such information.Accordingly, readers should not place undue reliance onforward-looking information.

Investors are cautioned that any information releasedor received with respect to the Transaction and Super, may not beaccurate or complete and should not be relied upon. Suchforward-looking information, although considered reasonable bymanagement at the time of preparation, may prove to be incorrect andactual results may differ materially from those anticipated.Forward-looking information contained in this press release isexpressly qualified by this cautionary statement.

The forward-looking information contained in this pressrelease are made as of the date of this press release, and SuperQ doesnot undertake any obligation to update publicly or to revise any ofthe included forward-looking information, whether as a result of newinformation, future events or otherwise, except as expressly requiredby applicable securities laws.

Neither theCanadian Securities Exchange nor its Market Regulator (as that term isdefined in the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy or accuracy of this news release. TheCanadian Securities Exchange has not in any way passed upon the meritsof the proposed transaction and has neither approved nor disapprovedthe contents of this news release.

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