An anonymous director reports

XTRACT ONE TECHNOLOGIES INC. FILES FINAL BASE SHELF PROSPECTUS

Xtract One Technologies Inc. has filed a final short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada, with the exception of Quebec.

The base shelf prospectus allows Xtract One to offer and issue up to $50-million of common shares, warrants, subscription receipts, units, debt securities or any combination of such securities during the 25-month period that the shelf prospectus is effective. The securities may be offered separately or together in amounts, at prices and on terms to be determined based on market conditions at the time of sale, which will be set forth in a prospectus supplement to be filed.

The company is filing this shelf prospectus to maintain financial flexibility as it advances its business but has no immediate intentions to undertake an offering.

A copy of the shelf prospectus is available on SEDAR+.

About Xtract One Technologies Inc.

Xtract One is a leading technology-driven threat detection and security solution leveraging artificial intelligence to provide seamless and secure patron access control experiences. The company makes unobtrusive threat detection systems that enable venue building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its artificial-intelligence-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations.

We seek Safe Harbor.