Mr. Bill Mitoulas reports

TURNIUM TECHNOLOGY GROUP ANNOUNCES CLOSING OF THIRD TRANCHE OF UNSECURED CONVERTIBLE NOTE OFFERING

Turnium Technology Group Inc. has closed the third tranche of a non-brokered private placement of unsecured convertible notes for aggregate gross proceeds of up to $1-million.

The third tranche notes close is for $118,000. The notes bear interest at a rate of 15 per cent per annum, will mature in 18 months of the issuance date and will be convertible, at the sole discretion of the holder, into units of the company at a conversion price of eight cents per unit for the first 12 months and 10 cents for the remaining term.

Each unit shall consist of one common share in the capital of the company and one common share purchase warrant of the company. Each warrant entitles the holder thereof to acquire one common share at 10 cents per warrant share for two years from the date of issue, subject to adjustment in certain customary events.

The company may, at its option, accelerate the expiry date of the warrants on 30 days notice if the volume-weighted average trading price of the common shares on the TSX Venture Exchange is greater than 30 cents for the preceding 10 consecutive trading days.

The notes issued in connection with the first tranche closing will mature on May 4, 2026, the second tranche notes will mature on May 27, 2026, and the third tranche notes will mature on June 18, 2026.

The notes will be unsecured obligations of the company and shall rank pari passu in right of payment of principal and interest with all other notes issued under the offering and all previously existing and future unsecured indebtedness of the company.

The company has entered into finder's fee agreements in accordance with securities laws and the policies of the TSX-V. Research Capital Corp. will be paid a cash finder's fee of $1,500.

The company intends to use the net proceeds from the third tranche closing for general corporate and working capital purposes.

The third tranche notes will not be assignable, transferable or negotiable. The third tranche notes will be subject to a statutory hold period expiring on April 18, 2025. The closing of any additional tranches of the offering are subject to the approval of the TSX-V.

About Turnium Technology Group Inc.

Turnium acquires companies that complement its technology-as-a-service strategy, integrates them to generate efficiencies and delivers their solutions through a global channel partner program to customers worldwide. Turnium's mission is to provide information technology providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand.

In essence, Turnium is building a TaaS platform that incorporates all the services, platforms and capabilities that ISPs, MSPs, IT providers, voice over Internet protocol/UCaaS, CCaaS or cloud providers might need. Additionally, Turnium provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality.

Turnium delivers secure, cost-effective, uninterrupted and scalable global IT solutions to its channel partners and their end customers -- ensuring, "We get it done, right."

We seek Safe Harbor.