Mr. S. Randall Smallbone reports

ASTRON CONNECT INC. ANNOUNCES CLOSING OF $400,000 NON-BROKERED PRIVATE PLACEMENT

Astron Connect Inc. has closed its previously announced non-brokered private placement offering of 13,333,335 common shares of the company at a price of three cents per share for the aggregate gross proceeds of up to $400,000. Please refer to the company's news release dated Nov. 1, 2024, for further details.

The aggregate number of shares issued does not exceed 100 per cent of the number of common shares issued and outstanding, on a non-diluted basis.

The gross proceeds from the offering will be used for general working capital and will not be used for any investor relations activities. Out of the gross proceeds of the offering, $40,000 will be used to pay the accrued fees from non-arm's-length parties, including directors and officers. There is no specific use that will represent 10 per cent or more of the gross proceeds of the offering.

The closing of the offering is subject to certain conditions, including, but not limited to, the final approval of the TSX Venture Exchange. The shares issued under the offering are subject to a statutory four-month-and-one-day hold period expiring on March 13, 2025.

Subject to the final approval of the exchange, the finder's fee of $32,000 cash is paid in connection with the private placement to an arm's-length finder.

About Astron Connect Inc.

Astron Connect helps Canadian enterprises in the food and beverage industry break through the noise and bring their products to new international markets in the emerging world. Astron Connect brings Canadian food and beverage companies to the world through its extensive connections and export logistics capabilities in China and emerging markets. Manna Water and Sachiel Water (both Astron brands) supply China and other emerging markets with pure Canadian bottled spring water.

We seek Safe Harbor.