Mr. Justin Schroenn reports

SWMBRD ANNOUNCES ITS INTENTION TO CLOSE THE FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

SWMBRD Sports Inc. intends to close the first tranche of the non-brokered private placement pursuant to its news release dated Oct. 12, 2023.

The company will be closing on 600,000 units at a price of three cents per unit for gross proceeds of $18,000.

Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of five cents per share for a period of two years from the date the units are issued.

All securities issued pursuant to the offering will be subject to applicable resale restrictions, including a four-month hold from the date of issuance.

About SWMBRD Sports Inc.

SWMBRD, based in Vancouver, B.C., is a sporting goods company looking to enable millions to rethink their way of recreating in the water. Management believes that SWMBRD's proprietary aquatic sports board, by virtue of its patented design, is revolutionary in how it empowers the human body in the water like nothing before, giving water lovers of all ages and abilities the freedom to explore all aquatic environments with ease. By offering an aquatic board sport that is versatile, easy to use, easy to store, and which can be used by all ages and body types in any body of water (rivers, oceans, lakes and pools), the company believes that the sport of swimboarding has the potential to become one of the most popular board sports in the world and that SWMBRD has the potential to become a great aquatic brand.

We seek Safe Harbor.