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Encore's Oversubscribed Financing and Increased US$1.16 Million Investment in Solstar Strengthen Cloud3's Exposure to the Emerging Space Communications Sector

Toronto, Ontario – TheNewswire - (August 11, 2026) - Cloud3 Ventures Inc. (CSE: CLDV) (OTCQB: CLDVF) (FSE: WQ40) ("Cloud3" or the "Company") is pleased to announce its strategic investment of C$104,000 in Encore Technologies Corp. (CSE: ENCR) ("Encore"), consisting of 400,000 common shares, at $0.26 per share, representing approximately 1.28% of Encore’s issued and outstanding common shares. The investment follows Encore's completion of an oversubscribed C$1.67 million private placement, which closed on August 4, 2026, and the increase of its secured convertible loan investment in Solstar Space Company ("Solstar") to approximately US$1.16 million.

Through its shareholdings in Encore, Cloud3 has indirect exposure to Solstar's on-orbit communications technology through a publicly traded security. Encore has reported that its interest in Solstar is held in the form of a secured convertible loan; Encore does not currently hold an equity interest in Solstar, and conversion of the loan into equity is subject to the terms of that agreement and may not occur. Cloud3 believes this structure may offer a combination of early-stage growth exposure and potential future liquidity, valuation transparency and portfolio flexibility that are not generally available in a direct private-company investment. Any realization of liquidity remains subject to applicable resale restrictions, trading volumes and market conditions, and there is no assurance that Cloud3 will realize any return on its investment in Encore.

"Cloud3's mission is to provide public-market investors with access to unique, high-potential companies during the formative period when technical validation, capital formation and early commercial scale can create significant shareholder value," said Paul Lehal, Chief Executive Officer of Cloud3. “Through Encore, Cloud3 gains exposure to Solstar's demonstrated on-orbit technology while retaining the potential liquidity and strategic flexibility of a listed security. We are enthusiastic about the investment and the optionality it can create for Cloud3 and its shareholders."

Solstar

Solstar is a U.S.-based space communications infrastructure company developing hardware, software and services designed to provide secure, reliable and on-demand connectivity for spacecraft, commercial space operators, government agencies and future space-based infrastructure. Its products include Wi-Fi access points, Space Communicators and persistent communications services supporting narrowband and broadband data and voice. Solstar's technology is being developed for low Earth orbit, cislunar and lunar operations, including in-space servicing, manufacturing, rendezvous and docking.

Per the Encore’s news release dated June 25, 2026 , the Solstar's Deke Space Communicator (“Deke”) is operating successfully on orbit aboard Momentus Inc.'s (“Momentus”) Vigoride 7 mission, launched by SpaceX Falcon 9. Momentus has reported that Vigoride 7 launched on March 30, 2026, as part of the SpaceX Transporter-16 rideshare mission. Deke is designed to provide on-demand links between spacecraft and ground-based operators, as well as between spacecraft. Solstar has reported that Deke is operating successfully on orbit, which Cloud3 views as an important technical milestone as Solstar moves toward broader commercial deployment.

Solstar's earlier flight heritage includes internet connectivity demonstrations on Blue Origin and UP Aerospace missions. According to the U.S. Small Business Administration's SBIR award database , Solstar has received Small Business Innovation Research contracts from NASA and the U.S. Space Force, including a NASA Phase I contract of approximately US$149,316 to develop a Lunar Wi-Fi Access Point in support of NASA's Artemis program, and U.S. Space Force contracts relating to spacecraft communications and data relay.

Information in this news release concerning Solstar and Encore, including the Solstar transaction terms, has been derived from public disclosure made by those companies and other publicly available sources. Cloud3 has not independently verified that information.

Cloud3's Investment Strategy

Cloud3 seeks to provide investors with access to distinctive public and private companies during the stages when product validation, commercialization, strategic partnerships and growth capital can drive significant value creation. The Company prioritizes investments that combine differentiated technology, identifiable catalysts and structures capable of creating long-term value for Cloud3 shareholders.

About Encore Technologies Corp.

Encore Technologies Corp. (CSE: ENCR) is a Vancouver, British Columbia-based technology-focused public company advancing intelligent infrastructure solutions and evaluating strategic opportunities in emerging technology sectors. Encore seeks to identify technologies and partnerships with the potential to improve connectivity, operational efficiency and long-term infrastructure resilience. Additional information about Encore is available under its issuer profile on SEDAR+ at www.sedarplus.ca .

About Cloud3 Ventures Inc.

Cloud3 Ventures Inc. is an investment issuer focused on high-potential companies across a range of industries and sectors, with the objective of generating attractive long-term returns from its investments.

Media & Investor Relations

Cloud3 Ventures Inc.

Email: info@cloud3.ventures

Website: cloud3.ventures

On behalf of the board of directors

"Paul Lehal"

CEO and Director

Forward-Looking Statements

This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "will", "may" and similar expressions. These statements reflect current expectations, assumptions and projections and involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Forward-looking statements in this release include statements regarding the expected benefits of Cloud3s’ investment in Encore, the potential liquidity and strategic flexibility of Encore's securities, advancement of Encore's investment in Solstar, Solstar's commercialization and market opportunity, and the Company's ability to generate returns and shareholder value.

Forward-looking statements are based on assumptions including that Encore will continue to hold and advance its investment in Solstar, that Solstar will continue to develop and commercialize its technology, that Encore's securities will remain listed and liquid, and that Cloud3 will have continued access to capital on acceptable terms.

Relevant risks include regulatory or exchange approvals, the risk that Encore’s convertible loan to Solstar is not converted or repaid, market conditions, competitive pressures, global economic conditions, the early stage of Solstar's technology and business, technical and commercialization risks in the space industry, changes in the market value or liquidity of Encore’s securities, the absence of any assurance that Cloud3 will realize a return on its investment, and the Company's ability to execute its strategy. Readers should review the Company's most recent Management's Discussion & Analysis available on SEDAR+ for additional risk factors. Cloud3 undertakes no obligation to update or revise forward-looking statements except as required by law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

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