Mr. Alexander Tjiang reports

NEXTGEN DIGITAL PROVIDES UPDATE ON NON BROKERED PRIVATE PLACEMENT OF SPECIAL WARRANTS

Further to the news release of April 1, 2025, Nextgen Digital Platforms Inc. will proceed with a non-brokered private placement of up to 10 million special warrants at the price of 30 cents per special warrant for gross proceeds of up to $3-million.

Each special warrant will automatically convert, for no additional consideration, into one common share in the capital of the company on the date that is the earlier of: (i) the date that is three business days following the date on which the company files a prospectus supplement to a short form base shelf prospectus with the securities commissions qualifying distribution of the shares underlying the special warrants; and (ii) the date that is four months and one day after the closing of the offering.

The company will use its commercially reasonable efforts to file the prospectus supplement within 60 days of the closing of the offering (not including the date of closing), provided, however, that there is no assurance that a prospectus supplement will be filed with the securities commissions, prior to the expiry of the statutory four-month hold period.

About Nextgen Digital Platforms Inc.

Nextgen Digital is a publicly traded company listed on the Canadian Securities Exchange, with a dual focus on digital assets and artificial intelligence infrastructure. The company operates a hardware-as-a-service business supporting the artificial intelligence sector, known as cloud AI hosting, delivering advanced infrastructure solutions for artificial-intelligence-driven applications. The company also explores opportunities to acquire or develop emerging technology platforms that align with its strategic vision in digital innovation.

We seek Safe Harbor.