Mr. Eric Eyerman reports

CALIFORNIA NANOTECHNOLOGIES ISSUES STOCK OPTIONS

Pursuant to California Nanotechnologies Corp.'s stock option plan and in accordance with the policies and approval of the TSX Venture Exchange, the board of directors has approved a grant of 110,000 stock options to Brandon Chow, an investor relations service provider of the company. These options are granted as of Feb. 9, 2023, and vest equally over a period of one year in quarterly instalments. The options are exercisable at a price of 13 cents per common share until Feb. 9, 2028.

We seek Safe Harbor.