Mr. Liran Brenner reports

SUPERBUZZ INC. ANNOUNCES CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF C$1,051,812

Superbuzz Inc. has closed its previously announced non-brokered private placement, raising aggregate gross proceeds of $1,051,812 through the issuance of 7,512,942 units of the company at a price of 14 cents per unit. Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of 24 cents per common share for a period of 24 months from the date of issuance.

The net proceeds of the offering will be used for general working capital purposes.

In connection with the offering, the company paid eligible finders an aggregate cash commission of $35,363 and issued an aggregate of 214,591 non-transferable finder warrants. Each finder warrant entitles the holder to acquire one common share at a price of 14 cents per common share for a period of 24 months from the date of issuance.

Two insiders of the company participated in the offering and subscribed for an aggregate of 500,714 units. Such participation constitutes a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company has relied on the exemptions from the formal valuation and minority shareholder approval requirements under sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the securities issued to the insiders nor the consideration paid by them exceeded 25 per cent of the company's market capitalization (as determined in accordance with MI 61-101).

All securities issued in connection with the offering are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. The closing of the offering remains subject to final approval by the TSX Venture Exchange.

About Superbuzz Inc.

Superbuzz is revolutionizing how people interact with technology. Its AI (artificial intelligence) platform leverages GPT-3 to automate many processes, including push notifications and content creation. The platform simplifies the user experience, allowing for advanced digital interaction that cuts back on manual tasks. Moreover, Superbuzz's AI platform intelligently responds to small and medium-sized businesses' unique needs, making it an incredibly reliable and powerful tool for various applications.

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