Mr. Jonathan Hoyles reports

PERK LABS ANNOUNCES THE END OF ITS AT-THE-MARKET EQUITY PROGRAM AND DIVESTITURE OF SHARES

Perk Labs Inc. has ended its at-the-market (ATM) equity program that allowed the company to issue and sell common shares in the capital of the company from treasury to the public.

In total, the company raised gross proceeds of $3,241,596 through the ATM program since announcing the program on July 29, 2020.

The company also announced today that it recently divested of 2,539,000 shares of Hero Innovation Group Inc. (formerly Euro Asia Pay Holdings Inc.) for gross proceeds of $203,120 to add to its cash position. The company holds a remaining balance of 5.1 million shares in Hero Innovation Group.

About Perk Labs Inc.

Perk Labs is the owner of Perk Hero, the digital franchise company helping businesses transition to the digital economy. Perk Hero provides restaurateurs with friendly and reliable digital ordering, payment and loyalty tools to help them survive and thrive in a difficult economic environment. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

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