Mr. Cory Brandolini reports

RAILTOWN AI TECHNOLOGIES INC. ANNOUNCES FULL SUBSCRIPTION OF $2.1 MILLION NON-BROKERED PRIVATE PLACEMENT

Railtown AI Technologies Inc.'s non-brokered private placement of up to seven million units of the company at a price of 30 cents per unit for aggregate gross proceeds of up to $2.1-million previously announced on Nov. 26, 2024, has been fully subscribed. Closing is expected to occur on or before Dec. 6, 2024. Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at an exercise price of 60 cents per share for a period of 24 months from the closing date of the offering.

The offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions). Any securities issuable under the LIFE exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.

An offering document related to the offering is available under the company's profile at SEDAR+ and on the company's website. Prospective purchasers should read this offering document before making an investment decision.

About Railtown AI Technologies Inc.

Railtown, a Microsoft partner, has developed a cloud-based application general intelligence platform called Conductor. Artificial intelligence and automation that performs tasks, as well as streamlining, enhancing and accelerating developer productivity engineering through speed, quality, automation and best practices, are the cornerstones and foundation of the Conductor platform.

It purposely built the Conductor platform to help software companies and software developers save time on redundant tasks, improve productivity, drive down costs and accelerate developer velocity. Railtown's proprietary AI technology, designed to enable its clients to be more productive and profitable, is accessible on Microsoft's Azure marketplace.

We seek Safe Harbor.