Mr. Danny Dalla-Longa, a shareholder, reports

DANNY DALLA-LONGA ANNOUNCES FILING OF EARLY WARNING REPORT RELATED TO FLUROTECH LTD

On Nov. 3, 2023, Danny Dalla-Longa acquired, directly or indirectly, beneficial ownership, control or direction over 28,624,108 common shares of Flurotech Ltd. Mr. Dalla-Longa acquired the Purchased Shares pursuant to a private share purchase transaction between Mr. Dalla-Longa and an existing shareholder of the Corporation in connection with the repayment of debt owed to Mr. Dalla-Longa in the aggregate amount of $225,000, representing a price of $0.00786051 per Purchased Share (the "Share Acquisition"). All of the Purchased Shares were acquired through Dalco Capital Corp., an entity wholly-owned by Mr. Dalla-Longa. The Purchased Shares represent 23.72% of the current number of issued and outstanding common shares of the Corporation. Mr. Dalla-Longa now beneficially owns or controls, directly or indirectly, an aggregate of 29,543,208 common shares of the Corporation, representing 24.48% of the Corporation's issued and outstanding common shares.

Mr. Dalla-Longa acquired the Purchased Shares for private investment purposes and may, in the future and subject to applicable law, increase or decrease his beneficial ownership or control over securities of the Corporation depending upon a number of factors, including but not limited to general market and economic conditions and other available investment opportunities.

The Share Acquisition was conducted in reliance on the "private agreement exemption" in section 4.2 of National Instrument 62-104 - Take-Over Bids and Issuer Bids ("NI 62-104") and as a result was exempt from the take-over bid requirements in Part 2 of NI 62-104. The Purchased Shares acquired by Mr. Dalla-Longa were purchased from not more than five sellers and at a price less than 115% of the market price of the Purchased Shares, in each case as calculated in accordance with NI 62-104.

An early warning report reflecting the above noted is now available under the Corporation's sedar+ profile at www.sedarplus.ca. For further information, or to request a copy of the early warning report, please contact the following Mr. Dalla-Longa.