Mr. Francis Letourneau reports

NURAN WIRELESS ANNOUNCES PRIVATE PLACEMENT AND PROVIDES CORPORATE UPDATES

Nuran Wireless Inc. intends to complete a non-brokered private placement offering to raise up to $15-million to be used for continuing development of the company's business growth and for general working capital purposes. The company intends to offer up to 4,098,361 units of the company at a price of $3.66 per unit. Each unit will consist of (i) one common share of the company; and (ii) up to one common share purchase warrants exercisable at a price of $4.30 per share, for a period of up to five years from the date of issuance.

The proceeds from the offering are expected to be used toward continuing development of the company's business growth and for general working capital purposes.

All of the securities to be issued pursuant to the offering will be subject to a four-month hold period.

Business highlights:  Nuran launch 3G/4G and Ivory Coast

The company is pleased to announce that it has erected its first towers in Ivory Coast, expanding Nuran's operations into another sub-Saharan African country. These new sites are equipped with advanced transmission technology and provide 4G coverage.

Additionally, management reports the initial deployment of 3G technology in Cameroon to meet the increasing demand for both technological advancements and greater capacity.

Update on the restructuring transaction

As previously disclosed in the press release on Jan. 28, 2026, the company is in the process of completing a material change report containing the disclosure required by Section 14.2 of Form 51-102F5 in respect of Advance Factoring Inc., a private company whose principal assets consisted of factored receivables representing financial claims against the company arising from prior factoring arrangements and a control person of the company, as a result of the restructuring transaction. The company is continuing to prepare the required disclosure and intends to remedy the default as soon as practicable in accordance with applicable securities laws.

About Nuran Wireless Inc.

Nuran Wireless is a leading rural telecommunications company that meets the growing demand for wireless network coverage in remote and rural regions around the globe. With its affordable and innovative scalable solutions of 2G, 3G and 4G technologies, Nuran Wireless offers a new possibility for more than one billion people to communicate effectively over long distances efficiently and affordably.

We seek Safe Harbor.