Mr. Bill Mitoulas reports

TURNIUM TECHNOLOGY GROUP ANNOUNCES FINAL CLOSING OF UNSECURED CONVERTIBLE NOTE OFFERING

Turnium Technology Group Inc. has closed the final tranche of its non-brokered private placement of unsecured convertible notes and has raised aggregate gross proceeds of $1,173,000.

The final tranche is for a total of $449,000. 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 and one common share purchase warrant of the company. Each warrant is exercisable for a period of two years at 10 cents and is subject to certain acceleration terms as noted in the previous press release of Dec. 18, 2024.

The notes issued in connection with the fourth and final tranche closing will mature on July 16, 2026.

The company has entered into finder's fee agreements in accordance with securities laws and the policies of the TSX Venture Exchange. Ventum Financial Corp. will be paid a cash finder's fee of $4,830 and will be issued 60,375 finder warrants exercisable at 10 cents for a period of two years. In total, the company has paid $37,480 in cash and issued a total of 449,750 finder warrants to qualified finders, in relation to the financing.

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

The final tranche notes will not be assignable, transferable or negotiable, and will be subject to a statutory hold period expiring on May 18, 2025.

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 Internet service providers, managed service providers, information technology providers, voice over Internet protocol/unified communications as a service, contact centre as a service 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.