Mr. Alexander Tjiang reports

NEXTGEN DIGITAL CLOSES THIRD AND FINAL TRANCHE OF THE NON-BROKERED PRIVATE PLACEMENT OF SPECIAL WARRANTS AND COMMON SHARES

Further to Nextgen Digital Platforms Inc.'s news releases of April 1, 2025, April 29, 2025, May 8, 2025, and May 16, 2025, the company has completed the third and final tranche of its previously announced non-brokered private placement. Pursuant to the third tranche, the company issued 2,468,032 special warrants at the price of 30 cents per special warrant for gross proceeds of $740,409.74.

In connection with the third tranche, the company paid finders' fees to eligible finders consisting of $7,476.00 in cash and 13,320 common share purchase warrants. Each finder's warrant is exercisable to acquire one common share of the company at an exercise price of 30 cents per share for a period of 24 months.

In connection with the offering, the company issued a total of 8,979,498 special warrants and 440,000 common shares at a price of 30 cents per security for total gross proceeds of $2,825,849.84 and paid total finders' fees to eligible finders consisting of $54,712.01 in cash and 162,533 finders' warrants.

Each special warrant will automatically convert, for no additional consideration, into one common share 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 common 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.

All securities issued in connection with the third tranche are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation ending on Sept. 24, 2025.

The company will use the net proceeds from the offering for corporate development, marketing and general working capital.

Marketing agreement

The company is also pleased to announce in accordance with Canadian Securities Exchange policies, that it has entered into a marketing agreement with an arm's-length firm, Alpha Collective Inc., to provide, among other things, digital marketing services. In consideration for these services, Alpha will be paid a cash fee of $45,000 for a three-month term commencing May 21, 2025.

The company will not issue any securities to Alpha as compensation. Both Alpha and Mani Minhas are arm's length to the company and do not have any interest, direct or indirect, in the company or its securities nor do they have any right to acquire such an interest

About Nextgen Digital Platforms Inc.

Nextgen Digital Platforms is a technology company that operates e-commerce platform PCS and a hardware-as-a-service business supporting the artificial intelligence sector, called cloud AI hosting (cloud AI hosting). Both PCS and cloud AI hosting were developed in-house by Nextgen. The company also intends to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle. From time to time, the company also intends to evaluate and acquire or develop other microtechnology platforms.

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